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 +3.9%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Aerospace - Defense industry, which Lockheed falls in, has lost 0.2%. The key question now is: What could be the stock's fut ...

Lockheed Martin Corporation (NYSE:LMT) J.P. Morgan 2024 Industrials Conference Call March 13, 2024 10:15 AM ET Company Participants Jay Malave - Chief Financial Officer Conference Call Participants Seth Seifman - J.P. Morgan Seth Seifman Good morning, everyone. Welcome back to the aerospace defense track at the 2024 JPMorgan Industrials Conference. I'm Seth Seifman, the U.S. Aerospace Defense equity analyst. We are very grateful now and been very happy to have Lockheed Martin with us now. We have Jay Malave ...

The latest trading session saw Lockheed Martin (LMT) ending at $434.75, denoting a +0.43% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.11%. Meanwhile, the Dow experienced a rise of 0.12%, and the technology-dominated Nasdaq saw a decrease of 0.41%.Prior to today's trading, shares of the aerospace and defense company had gained 1.5% over the past month. This has outpaced the Aerospace sector's gain of 1.43% and lagged the S&P 500's gain of 2.7% ...

2021 was the year of the space initial public offering (IPO). All sorts of brand new space stocks followed the trail first blazed by Virgin Galactic -- conducting special purpose acquisition company (SPAC)-sponsored IPOs, giving investors their proverbial chance to "dabble a little bit in a spaceship company, own a little bit of a spaceship company."Many investors took that chance -- and paid the price in 2022 and 2023, as the stock market taught the dangers of investing in SPACs. Stocks that had come publi ...

Lockheed Martin Corporation (LMT) recently secured a modification contract for the Precision Strike Missile (PrSM) early operational capability Lot 3 requirement.  The deal has been given by the Army Contracting Command, Redstone Arsenal, AL.Valued at $219.7 million, the contract is expected to be completed on Mar 6, 2026. The work related to this contract will be executed in Grand Prairie, TX.What’s Favoring Lockheed Martin?Lockheed Martin’s PrSM is a long-range precision-strike missile designed for the U. ...

Lockheed Martin Corp.’s (LMT) Aeronautics business segment recently secured a modification contract involving its F-35 fighter aircraft. The contract has been awarded by the Naval Air Systems Command, Patuxent River, MD.Details of the DealThe latest modification adds scope for Lockheed to provide non-recurring engineering and associated materials for power thermal management system controller, gun lube diminishing manufacturing sources and material shortages redesign effort to support the F-35 Joint Strike ...

With the machines taking over, it seems only appropriate to ask ChatGPT what it thinks about space stocks to buy. Specifically, which ideas in the public market command 10X potential given several years to work with? I was a bit surprised at the answers.Let’s back up for a moment. According to ChatGPT, “[t]he space industry is experiencing rapid growth driven by advancements in technology, increasing private sector involvement, and government support for space exploration and commercialization.” Therefore, ...

Lockheed Martin Corp.’s (LMT) business segment, Space Systems, recently clinched a contract involving its Trident II (D5) Missile. The award has been provided by the Strategic Systems Programs, Washington, D.C.Details of the DealValued at $109.2 million, the contract is projected to be completed by Feb 28, 2029. Per the terms of the deal, Lockheed will support the integration of the Trident II (D5) Missile and reentry subsystems into the Common Missile Compartment for the U.S./U.K. Columbia/Dreadnought subm ...

Cathy Hackl is a futurist, Apple Vision Pro developer, and co-author of the upcoming book, Spatial Computing: An AI-Driven Business Revolution.Motley Fool host Deidre Woollard caught up with Hackl for a conversation about:How businesses, like Lockheed Martin and Lowe's, are already using spatial computing.The current challenges developing apps for the Vision Pro.Virtual air rights, digital fashion, and questions about the future of spatial computing.To catch full episodes of all The Motley Fool's free podca ...

Lockheed Martin Corporation’s (LMT)   segment, Rotary and Mission Systems (“RMS”), recently secured a modification contract for its AEGIS combat system. The award has been given by the Naval Sea Systems Command, Washington, DC.Details of the DealValued at $34.1 million, the contract is expected to be completed by January 2025. Per this deal, Lockheed Martin will exercise options for AEGIS development and test sites operation and maintenance at the combat systems engineering development site, SPY-1A test fac ...