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]

It's time to start future-proofing any space stocks in your portfolio. "Smaller, faster, cheaper" may be a better way to invest.Good news for Lockheed Martin (LMT -0.01%) investors: Last week, Lockheed announced a large follow-on order for government weather satellites. The National Oceanic and Atmospheric Administration (NOAA) asked the aerospace and defense giant to build it at least three, and potentially as many as seven, new next-generation Geostationary Extended Observations (GeoXO) sats. If all optio ...

Lockheed Martin is still building a new missile defense system, but events may overtake it.Good news for Lockheed Martin (LMT -0.01%) investors! Last week, the Pentagon announced that it has awarded the defense giant $977.5 million to continue development of Next-Generation Overhead Persistent Infrared (Next-Gen OPIR) satellites for early warning and tracking of intercontinental ballistic missile (ICBM) and theater ballistic missile launches. Bad news for Lockheed Martin investors: Lockheed won't be buildin ...

As the race to space heats up, the top space stocks to buy are delivering high returns. In the last few years, the commercialization of space has reached new highs with governments investing heavily in commercial space assets. Exploring all that space has to offer is becoming more common than ever before. And it has some envisioning the possibility of life on Mars!Given the increased interest in space travel, companies leading the charge are experiencing explosive growth. This has served as a boon for inves ...

Lockheed Martin (NYSE: LMT) presents a compelling investment opportunity amidst ongoing geopolitical unrest. As the aerospace and defense giant behind renowned systems like the F-35 fighter jet, C-130 Hercules transport aircraft, and HIMARS, Lockheed Martin can leverage current instability to fuel growth. With rising defense budgets and a steady stream of contract wins, the most recent contract with the U.S. Navy worth $1.56 billion, the outlook for LMT stock remains bullish.Current geopolitical instability ...

BETHESDA, Md., June 27, 2024 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a third quarter 2024 dividend of $3.15 per share. The dividend is payable on September 27, 2024, to holders of record as of the close of business on September 3, 2024.Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative tec ...

Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently clinched a contract involving its F-35 aircraft program. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $31.2 million, the contract is expected to be completed by January 2025. Per the terms of the deal, Lockheed will provide production and non-recurring engineering support for landing gear design, redesign, and analysis to boost the ability to produce and deliver the F-35 lan ...

Lockheed Martin Corp. (LMT) constructed the GOES-U advanced weather satellite, which has been recently launched from NASA's Kennedy Space Center for the National Oceanic and Atmospheric Administration (“NOAA”). Meanwhile, the GOES-U series weather satellite was launched after more than 16 years of designing, building and testing four major weather satellites for the nation.Benefits of the LaunchFor weather forecasting, tracking severe storms and climate monitoring, GOES-U will provide vital data. Moreover, ...