Solid growth looks assured for the next few years, but what happens after that is questionable.Whether the company is a buy is an interesting question, because it strikes at the heart of the bull-and-bear debate over Lockheed Martin (LMT 1.19%) stock. Here's how long-term investors should think about investing in the defense contractor.Buying Lockheed Martin stockInvestors often like buying stock in defense contractors because of the surety of their end market customers; after all, you can't get a more reli ...

Lockheed Martin Corp. (LMT) recently announced that it clinched a contract worth $297 million from NASA to design and construct next-generation GeoXO Lightning Mapper (“LMX”) instruments. The instrument will be delivered to the National Oceanic and Atmospheric Administration (“NOAA”).Per the terms of the deal, Lockheed will build two LMX instruments, with options for two additional instruments. The work related to this contract will be carried out in Lockheed Martin’s facility in Sunnyvale, CA.A Brief Note ...

Lockheed Martin Corp. (LMT) recently completed the risk reduction testing for the TPY-4 radar, thereby making progress in the Three-Dimensional Expeditionary Long-Range Radar (“3DELRR”) program. Notably, in February 2022, the U.S. Air Force selected Lockheed as the primary contractor for the 3DELRR program to provide a radar that will perform long-range detection of both air-breathing threats and theater ballistic missiles. The selection of Lockheed as the provider of the radar under the 3DELRR program, whi ...

Next-Generation GeoXO Lightning Mapper enhances capabilities of NOAA's next-generation weather satellite systemDENVER, Sept. 18, 2024 /PRNewswire/ -- NASA has awarded Lockheed Martin (NYSE: LMT) a contract to design and build the next-generation GeoXO Lightning Mapper (LMX) instruments for the National Oceanic and Atmospheric Administration (NOAA). The baseline contract is valued at approximately $297 million for two instruments with options for two additional instruments.The Capabilities An improvement fro ...

Lockheed Martin Corp.’s (LMT) business unit, Sikorsky Aircraft, recently secured a modification contract, worth $23.1 million, involving the VH-92A Patriot in-service helicopter. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Per the terms of the deal, Lockheed will procure sustainment spares and provide repair support of aircraft components for the VH-92A helicopter. A major portion of the work related to this contract will be executed in Stratford, CT, and Woodlawn, WA.LM ...

Lockheed Martin (LMT) ended the recent trading session at $572.92, demonstrating a +0.53% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.13% for the day. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.52%.Shares of the aerospace and defense company have appreciated by 1.75% over the course of the past month, underperforming the Aerospace sector's gain of 3.14% and the S&P 500's gain of 3.67%.The upcoming earnings releas ...

Lockheed Martin Corp. (LMT) recently secured a deal for three more TPY-4 radars from the Norwegian Defense Materiel Agency (“NDMA”), increasing the number of ground-based multi-mission radars for NDMA to 11.The extra order and the completion of the Critical Design Review are key steps forward, validating the radar’s importance in Norway's security.LMT’s High-Quality Radars With the fast growth of geopolitical tensions in recent years, governments throughout the world have significantly strengthened their mi ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lockheed Martin (LMT) .Lockheed currently has an average brokerag ...

Lockheed Martin Corporation (NYSE:LMT) Morgan Stanley 12th Annual Laguna Conference September 12, 2024 3:15 PM ET Company Participants Jim Taiclet - Chairman, President & CEO Jay Malave - CFO Conference Call Participants Kristine Liwag - Morgan Stanley Kristine Liwag Hello. Good afternoon, everyone. I'm Kristine Liwag, Morgan Stanley's Aerospace and Defense Analyst. Very excited to host our next panel, Lockheed Martin. I'm pleased to have Jim Taiclet, Chairman and President and CEO of Lockheed; and Jay Mala ...

Lockheed Martin Corporation (NYSE:LMT) Morgan Stanley 12th Annual Laguna Conference September 12, 2024 3:15 PM ET Company Participants Jim Taiclet - Chairman, President & CEO Jay Malave - CFO Conference Call Participants Kristine Liwag - Morgan Stanley Kristine Liwag Hello. Good afternoon, everyone. I'm Kristine Liwag, Morgan Stanley's Aerospace and Defense Analyst. Very excited to host our next panel, Lockheed Martin. I'm pleased to have Jim Taiclet, Chairman and President and CEO of Lockheed; and Jay Mala ...