LMT secures a deal to provide additional long-lead-time materials to aid full-rate production of Lot 10 of the CH-53K helicopter.
Lockheed Martin is a leading defense company with a strong market position, making it an attractive investment, especially during the current market drawback. FY2024 results show $71 billion in sales, $5.3 billion in net earnings, and a $176 billion backlog, highlighting robust demand and financial health. Management expects positive developments in FY2025, with revenue growth, strong free cash flow, and continued share repurchases.
Lockheed Martin Corporation (LMT) Citi's 2025 Global Industrial Tech and Mobility Conference Transcript
The U.S. currently spends substantially more than allies on defense. That could be changing.
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Lockheed Martin Corporation (NYSE:LMT ) TD Cowen 46th Annual Aerospace & Defense Conference February 13, 2025 8:30 AM ET Company Participants Jay Malave - CFO Conference Call Participants Gautam Khanna - TD Cowen Gautam Khanna Good morning, guys. Thank you very much for joining us.
LMT's unit secures a $114.2 million modification contract to provide hardware for supporting sound navigation and ranging systems.
Lockheed Martin (LMT -0.92%) has passive income investors interested.
LMT secures a $23.5 million contract to provide engineering support for submarine electronic warfare systems on newly constructed and in-service submarines.
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 (LMT -1.63%) fell by 9.2%, marking the largest single-session drop since Oct. 26, 2021.