The U.S. State Department has approved the potential sale of Lockheed Martin and Northrop Grumman Corp's defense systems to Egypt, the Pentagon's Defense Security Cooperation Agency said on Tuesday.
On Jan. 28, share prices of Lockheed Martin (NYSE: LMT) fell by 9.2%, marking the largest single-session drop since Oct. 26, 2021. Defense contractors like Lockheed Martin are relatively safe ...
Lockheed Martin offers reliable, growing dividends with a 22-year streak and a current yield of 2.83%, making it ideal for dividend growth investors. The company has a robust capital allocation ...
REY LLERENA JOINS US LIVE AT DONALDSON CENTER WITH MORE REA. NIGEL, LOCKHEED MARTIN OFFICIALS SAY THIS IS THE FIRST OF 16 F-16 BLOCK 70 AIRCRAFT THAT WILL BE EVENTUALLY DELIVERED TO BULGARIA.
Lockheed Martin's Q4 revenue declined 1.3% YoY to $18.62 billion, missing expectations, with gross profit down 70%. Lockheed Martin projects 2025 EPS between $27 and $27.30, below consensus estimates.
The billionaire has also criticized legacy defense programs like Lockheed Martin's F-35 fighter jet while calling for mass production of cheaper AI-powered drones, missiles and uncrewed submarines.
The Pentagon awarded Lockheed Martin $11.8 billion for 145 F-35 fighter jets in December. Then the Pentagon awarded two more F-35 contracts worth an additional $3.7 billion. These end-of-year ...
Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior.
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Geopolitical tensions have surged, driving defense budgets up and benefiting companies like Lockheed Martin, which I rate as a buy for its project backlog. Lockheed Martin's reliance on government ...