For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Lockheed Martin (LMT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Lockheed Martin is one of 46 individual stocks in the Aerospace sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. ...

JHVEPhoto Lockheed Martin: A More Dangerous World Is Bullish Lockheed Martin Corporation (NYSE:LMT) investors have every right to feel disappointed, as even the heightened geopolitical tensions have not led to market outperformance recently. In my last bullish LMT update in April 2024, I emphasized that the "war premium" has not been priced into the stock's valuation. LMT is not assessed to be cheap, given its relatively tepid growth rates. I've determined that LMT's thesis remains valid. The market sti ...

Lockheed Martin Corp.’s (LMT) business unit, Sikorsky, recently clinched a contract for UH-60M helicopter. The award has been provided by the Army Contracting Command, Redstone Arsenal, AL.Valued at $251.5 million, the project is expected to be completed by Jun 30, 2027. Work related to this deal will be executed in Stratford, CT.What’s Favoring Lockheed?Rising geopolitical conflicts across the globe have prompted nations to significantly enhance investments in strengthening their defense capabilities. Aeri ...

Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently secured a modification contract involving its advanced F-16 Block 70/72 aircraft. The award has been offered by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH.Details of the DealValued at $520.4 million, the contract is projected to be completed by Jun 30, 2028. The latest modification expands the current long lead materials contract to begin production tasks of the Viper Shield electronic warfare suite fo ...

Lockheed Martin Corp.’s (LMT) business segment, Rotary and Mission Systems (“RMS”), recently clinched a modification contract for providing engineering design, development and production support to the U.S. Navy. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Valued at $199.6 million, the contract is projected to be completed by September 2025. A major portion of the work related to this deal will be carried out in Manassas, VA.Lockheed’s Maritime SolutionsNations across the gl ...

Lockheed Martin Corp. (LMT) recently secured a contract to procure Army Tactical Missile System (“ATACMS”) guided missile and launching assembly. The Army Contracting Command, Redstone Arsenal, AL, has provided the award.Valued at $226.9 million, the contract is expected to be completed by Dec 30, 2028. Work related to this deal will be executed in Grand Prairie, TX.The contract will serve the governments of Estonia, Latvia, Lithuania, Morocco and Poland.Rising Missile Demand & LockheedRapidly increasing ge ...

ANKARA, TURKIYE - JUNE 24: In this photo illustration logos of General Electric are displayed on ... [+] laptop and mobile phone screens in Ankara, Turkiye on June 24, 2024. (Photo by Dilara Irem Sancar/Anadolu via Getty Images)Anadolu via Getty ImagesWe believe that Lockheed Martin stock is currently a better pick than its industry peer – GE Aerospace stock (NYSE: GE), given its better valuation and robust prospects. GE stock trades at a higher multiple of 40x forward expected earnings, versus 18x for LMT ...

Per major news sources, Lockheed Martin Corp. (LMT) recently secured a multi-year contract worth $4.5 billion for its Phased Array Tracking to Intercept of Target Advanced Capability-3 missile from the U.S. Army. Per the terms of the deal, Lockheed will procure 870 Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (“MSE”) missiles and associated hardware.What’s Favoring Lockheed?Global geopolitical and socioeconomic unrest has led both developed and emerging nations to increase the size of t ...

BETHESDA, Md., July 1, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its second quarter 2024 earnings results conference call (listen-only mode) on Tuesday, July 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 second quarter 2024 results, provide updates on key topics and answer questions.  Second quarter 2024 results will be ...

Core Insights - Latvia's telecom market is experiencing growth due to investments and regulatory measures aimed at enhancing 5G and fibre infrastructure [1][2] - The mobile market is competitive, dominated by three operators, with the smallest operator holding nearly 25% of the subscriber market [1] - The country ranks among the top in Europe for fibre coverage, with approximately 50% fibre penetration and the second highest rural Fibre-to-the-Premises (FttP) coverage after Denmark [2] Key Developments - Telia Group sold its local unit Telia Latvia to Tet for €10.75 million [3] - Tet has launched a 10Gb/s FttP service in parts of Riga [3] - The telecom regulator raised €13.27 million from an auction of additional spectrum in the 700MHz band [3] - BitA Latvia and Unistars have been permitted to jointly use spectrum in the 1800MHz and 3600MHz bands for 5G [3] - Tele2 Latvia has introduced a Voice over LTE (VoLTE) service [3] - The regulator has allowed BitA and Tele2 Latvia to share spectrum assets [3] Company Coverage - Major telecom operators in Latvia include Latvijas Mobilais Telefons (LMT), Tele2 Latvia, Telekom Baltija/Triatel, BitA Latvia, Tet, and Norby Telecom [4] Key Topics Covered - The report includes key statistics, regional market comparisons, market characteristics, and an analysis of market leaders and challengers [5] - It covers mobile and fixed broadband penetration, telecommunications market analysis, regulatory environment, and developments in fixed-line services [5]