Lunar Outpost teams with Lockheed Martin and Industry to develop a human-rated Moon rover as part of the agency's Artemis campaignDENVER, April 3, 2024 /PRNewswire/ -- NASA has awarded a Lunar Terrain Vehicle Services (LTVS) contract to the Lunar Dawn team, led by Lunar Outpost as the prime contractor along with its principal partner Lockheed Martin (NYSE:LMT) and teammates General Motors (GM), The Goodyear Tire & Rubber Company, and MDA Space. The diverse team combines proven robotic and human space explor ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Lockheed Martin (LMT) . This company, which is in the Zacks Aerospace - Defense industry, shows potential for another earnings beat.This aerospace and defense company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.2 ...

Lockheed Martin Corp.’s (LMT) Rotary and Mission Systems (“RMS”) business segment recently clinched a contract involving its H-60 helicopters. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $86.9 million, the contract is expected to be completed by March 2029. Per the terms of the deal, Lockheed will provide sustainment engineering and logistics services support for all types/models/series of H-60 helicopters.The contract will serve the U.S. Navy ...

Lockheed Martin Corporation’s (LMT) business unit, Aeronautics, recently clinched a contract for its F-16 aircraft program. The award has been provided by the Air Force Life Cycle Management Center, Hill Air Force Base, UT.Details of the DealValued at $33.8 million, the contract is expected to be completed by Feb 28, 2025. Per the terms of this deal, Lockheed will provide engineering and technical services, support and sustainment, configuration management and programmatic support for the F-16 Weapon System ...

Lockheed Martin Corp.’s (LMT) Aeronautics business segment recently secured a modification contract involving its F-35 fighter jet program. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $95.9 million, the contract is expected to be completed by June 2024. Per the terms of the deal, Lockheed will provide continued infrastructure support for the F-35 Joint Strike Fighter (JSF) program. The jet maker will offer engineering, maintenance, logistics, ...

BETHESDA, Md., April 1, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its first quarter 2024 earnings results conference call (listen-only mode) on Tuesday, April 23, 2024 at 11 a.m. ET. James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss first quarter 2024 results, provide updates on key topics and answer questions. First quarter 2024 results will be pu ...

All eyes are on the upcoming eclipse, with cities reporting record hotel and campground reservations while others preemptively declare states of emergency to deal with high traffic as sightseers flood local areas. It’s also sparking renewed interest in space stocks to buy, a sector that’s slowly regaining ground lost over the past few years.Space stocks, after their meteoric rise in 2020, have since come back down to earth, with many companies falling from their previous peaks. In 2020, as a group, space st ...

Andy_Oxley/iStock Editorial via Getty Images Record backlog My goal for this article is to argue for a buy thesis on Lockheed Martin (NYSE:LMT). I will argue that the stock presents a solid buying opportunity considering the demand for its products with all the ongoing geopolitical conflicts, the record backlog reported in 2023 Q4, and also the attractive P/E. The many geopolitical tensions around the globe could lead to increased defense spending, directly benefiting LMT. And this is reflected in the recor ...

Airbus Helicopters CEO, Guillaume Faury poses for a picture in front of an Airbus Tiger military ... [+] helicopter during the 23rd International Defence Industry Exhibition MSPO in Kielce, Poland on September 2, 2015. AFP PHOTO /JANEK SKARZYNSKI (Photo credit should read JANEK SKARZYNSKI/AFP via Getty Images)AFP via Getty Images Airbus CEO Guillaume Faury has said that Europe needs to focus its defense strategy given Russia’s threat, the ongoing conflict in Ukraine, and the potential of a second Trump pres ...

The space industry is heating up right now. It’s time to start picking up favorite space stocks now before the industry truly takes to the stars.For years now, wealthy individuals have been pushing the space industry forward. Visionaries such as Jeff Bezos and Elon Musk are investing heavily in the space sector, and that has attracted all sorts of new talent and ideas to the industry.Excitement further mounted in February when Intuitive Machines (NASDAQ:LUNR) soared on the news that it had landed a craft on ...