Lockheed Martin (LMT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this aerospace and defense company have returned +1.3% over the past month versus the Zacks S&P 500 composite's +7.1% change. The Zacks Aerospace - Defense industry, to which Lockheed belongs, has gained 4.6% over this period. Now the key question is: Where could the stock be headed in the near term?Althoug ...

Lockheed Martin Corp. (LMT) recently clinched a modification contract for providing Multiple Launch Rocket System (MLRS) requirements. The award has been offered by Army Contracting Command, Redstone Arsenal, AL.Valued at $221.2 million, the contract is expected to be completed by Apr 30, 2028. The work related to this deal will be executed in Grand Prairie, New Boston, TX and Camden, AK.What’s Favoring Lockheed?Nations are reinforcing their military capabilities to strengthen their defense structure in the ...

Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently secured a contract involving its F-35 fighter jet program. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $79 million, the contract is expected to be completed by December 2024. Per the terms of the deal, Lockheed will procure diminishing manufacturing sources of parts required for the production and sustainment of F-35 jets.The work related to this contract will be executed i ...

Lockheed Martin Corp. (LMT) recently clinched a contract involving High Mobility Artillery Rocket Systems (HIMARS). The award has been provided by the Army Contracting Command, Redstone Arsenal, AL.Valued at $861.3 million, the contract is expected to be completed by May 31, 2026.  Per the terms of the deal, Lockheed will manufacture HIMARS and provide the supporting services associated with it.What’s Favoring Lockheed?Nations are reinforcing their military capabilities to strengthen their defense structure ...

Lockheed Martin Corp.’s (LMT) Missiles and Fire Control (MFC) business segment recently clinched a modification contract for the Guided Multiple Launch Rocket System (GMLRS). The award has been offered by the Army Contracting Command, Redstone Arsenal, AL.Valued at $332 million, the contract is expected to be completed by Oct 20, 2027. What’s Favoring Lockheed?Nations are reinforcing their military capabilities to strengthen their defense structure in the growing threat environment. In this context, increas ...

Lockheed Martin Corp (NYSE:LMT) has been a solid player in the aerospace and defense sector. But in the last two years, its stock hasn’t really gone anywhere, hovering around $465. That raises a big question: Is it still a good buy?Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.With a market value topping $110 billion, there’s no doubt that Lockheed Martin is a defense giant. They make all sorts of important military stuff, from cutting-edge aircraft ...

After integration with Elsight Halo, the Indago 4 completed its first BVLOS (beyond visual line-of-sight) flight with enhanced capabilities for wider situational awareness OR YEHUDA, Israel, May 7, 2024 /PRNewswire/ -- During a strategic collaboration exercise, Elsight's (ASX: ELS) Halo connectivity platform was rapidly integrated with Lockheed Martin (NYSE: LMT) Indago 4 Uncrewed Aerial System (UAS) to complete BVLOS (beyond visual line-of-sight) flights with enhanced capabilities and expanded operational ...

Lockheed Martin's open systems architecture is advancing the future of AI-enabled autonomous flight with human oversight EDWARDS AIR FORCE BASE, Calif., May 3, 2024  /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT) joined the U.S. Air Force Test Pilot School and other government and industry partners in hosting U.S. Secretary of the Air Force Frank Kendall to fly in the X-62A Variable In-flight Simulation Test Aircraft (VISTA), a one-of-a-kind aircraft modified to test artificial intelligence (AI) a ...

BETHESDA, Md., May 2, 2024 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT) board of directors has authorized a second quarter 2024 dividend of $3.15 per share. The dividend is payable on June 28, 2024, to holders of record as of the close of business on June 3, 2024.  The independent members of Lockheed Martin's board of directors also unanimously elected Thomas J. Falk as independent lead director of the board effective today, succeeding Daniel F. Akerson who, along with James O. Ellis, Jr., retired from t ...

Lockheed Martin (LMT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this aerospace and defense company have returned +3.3%, compared to the Zacks S&P 500 composite's -2.5% change. During this period, the Zacks Aerospace - Defense industry, which Lockheed falls in, has lost 8.3%. The key question now is: What could be the stock's fut ...