LMT is expected to benefit from its steady inflow of orders and strong international demand for its broad range of products amid the shortage of skilled labor.
The latest trading day saw Lockheed Martin (LMT) settling at $491.65, representing a -0.61% change from its previous close.
Lockheed Martin said on Monday it had formed a subsidiary that will help U.S. defense companies incorporate artificial intelligence into their operations.
LMT secures a contract to provide MK 41 Vertical Launching System modules and ancillary equipment to the Naval Sea Systems Command, WA, D.C.
Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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LMT's business unit, Sikorsky, secures a contract to provide full funding for UH-60M and HH-60M Black Hawk helicopters.
Lockheed Martin remains a strong investment case, supported by steady revenue growth and a record $165 billion backlog. Recent pullback presents a solid buying opportunity, as LMT continues to secure high-profile contracts and advances in AI and drone technologies. LMT's shareholder-friendly practices, including a 2.6% yield, 22 years of dividend growth, and share buybacks, enhance its total return potential.
LMT possesses solid upside potential in terms of revenue and earnings growth and shareholder values to outperform in 2025.
In the latest trading session, Lockheed Martin (LMT) closed at $512.94, marking a +0.57% move from the previous day.
CNBC's Morgan Brennan revisits conversations with Lockheed Martin CEO and AeroVironment CEO from the Reagan National Defense Forum.
Aerospace and defense stocks, like Lockheed Martin, offer long-term investment opportunities, with a focus on EBITDA and free cash flow growth, dividends, buybacks, risks, and stock price targets. Lockheed Martin's EBITDA and free cash flow are set to grow at low single-digit rates through 2026. Despite consistent dividend growth for 22 years, Lockheed Martin's stock price gains are primarily due to share repurchases, raising questions about the best use of cash.