The most recent trading session ended with Lockheed Martin (LMT) standing at $431.94, reflecting a +1.28% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.12%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.41%.The aerospace and defense company's shares have seen an increase of 0.12% over the last month, not keeping up with the Aerospace sector's gain of 1.19% and the S&P 500's gain of 4.83%.The upcoming ...

Lockheed Martin Corporation (LMT) recently secured a modification contract for its F-35 Lightning II aircraft. The award has been given by Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $663.1 million, the contract is expected to be completed by June 2027. Per this deal, Lockheed will provide recurring logistics support to aid the F-35 Lightning II Joint Strike Fighter Air Systems’ sustainment efforts.These logistics support includes ground maintenance activities, action request ...

Lockheed Martin (LMT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this aerospace and defense company have returned +0.7% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Aerospace - Defense industry, to which Lockheed belongs, has gained 2.1% over this period. Now the key question is: Where could the stock be headed in the near term? ...

Company continues unprecedented progress to advance Next Generation Interceptor programHUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor. The company completed the first Knowledge Point – known as KP1 – ahead of schedule, taking a major contractual step forward that allows its Next Generation Interceptor (NGI) program to ...

The AI Expo for National Competitiveness to address America's readiness to lead in critical, emerging technologies May 7-8 in Washington, D.C.  ARLINGTON, Va., Feb. 28, 2024 /PRNewswire/ -- The Special Competitive Studies Project (SCSP), a non-partisan, non-profit project dedicated to strengthening America's long-term competitiveness in artificial intelligence (AI), announced today three additional sponsors of the AI Expo for National Competitiveness happening on May 7-8 at the Walter E. Convention Center i ...

In the latest trading session, Lockheed Martin (LMT) closed at $430.43, marking a +0.29% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.17%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, added 0.37%.Heading into today, shares of the aerospace and defense company had gained 0.27% over the past month, lagging the Aerospace sector's gain of 2.61% and the S&P 500's gain of 3.8% in that time.The investment community will be closely monitori ...

The world is a volatile place. Over the past few years, we’ve seen Russia invade Ukraine, various violent acts in the Middle East, and mounting tensions around Taiwan’s political status. All this has caused numerous countries to boost their military budgets to bolster their capabilities.This makes it an intriguing time for investors in defense contractors, aerospace firms, and other related companies.It’s not just terrestrial defense either. Investors should also be looking to the stars. Last week, Intuitiv ...

It has been about a month since the last earnings report for Lockheed Martin (LMT) . Shares have lost about 1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Lockheed due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Lockheed Q4 Earnings Beat Estimates, Sales Decli ...

In the latest market close, Lockheed Martin (LMT) reached $427.55, with a +0.77% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.13%. On the other hand, the Dow registered a gain of 0.13%, and the technology-centric Nasdaq decreased by 0.32%.The the stock of aerospace and defense company has fallen by 3.5% in the past month, lagging the Aerospace sector's gain of 1.7% and the S&P 500's gain of 2.99%.Market participants will be closely following the financial results o ...

guvendemir Introduction The aerospace & defense industry is one of the cornerstones of my research. Not only does it make sense to stay on top of important developments, given my >25% exposure to this industry, but I believe that (most) defense contractors offer terrific long-term value thanks to anti-cyclical demand, dominant supply chains, and a focus on shareholder value. My largest investment is Lockheed Martin (NYSE:LMT), which accounts for roughly 8% of my entire dividend growth portfolio. However ...