LMT secures a $65.5 million modification contract to provide support to the F-35 jet program.
Lockheed Martin announced it received a roughly $5 billion contract from the U.S. Army for providing Precision Strike Missiles (PrSM) that will replace the Army Tactical Missile.
Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
LMT secures a $4.94 billion contract to aid the manufacturing of the Precision Strike Missile Increment One.
Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM).
LMT secures a $208.1 million contract to aid the Joint Air-to-Surface Standoff Missile program.
Big contract announcements at the U.S. Pentagon can clue investors in to the potential for lucrative stock wins from the companies that win those contracts. It doesn't always work this way, but it does sometimes.
Lockheed Martin has been awarded a $4.94 billion contract from the U.S. Army for its precision strike missiles.
Investors interested in LMT stock should wait for a better entry point, considering its higher debt-to-capital ratio.
In the latest trading session, Lockheed Martin (LMT) closed at $445.17, marking a +0.7% move from the previous day.
LMT continues to benefit from its steady inflow of orders and strong international demand for its broad range of products.
Lockheed Martin (LMT) closed at $442.07 in the latest trading session, marking a +1.63% move from the prior day.