In the latest trading session, Lockheed Martin (LMT) closed at $467.61, marking a +0.31% move from the previous day.
LMT secures a $122.6 million contract to aid the Joint Air-to-Surface Standoff Missile and Long-Range Anti-Ship Missile Programs.
Lockheed Martin Corporation (NYSE:LMT ) J.P. Morgan's 2025 Industrial Conference March 13, 2025 7:30 AM ET Company Participants Jay Malave - Chief Financial Officer Maria Ricciardone - Vice President, Treasurer and Investor Relations Conference Call Participants Seth Seifman - JPMorgan Seth Seifman Good morning, everyone.
Lockheed Martin Corporation had a solid 2024 with a significant increase in product sales, but the profit suffered from higher costs. Lockheed Martin has several features that can protect their economic moat. Technological superiority and existing relationships with customers are their main advantages. LMT stock's valuation metric is favorable at this point, presenting a great buying opportunity.
LMT's unit secures a $266 million contract to provide operational flight program updates and transfer F-16 aircraft from Denmark to Argentina.
Like a cruise missile veering off course, shares of aerospace and defense giant Lockheed Martin (LMT -2.15%) have fizzled rather than soared in 2025. Muted profit guidance and market concerns toward the Trump administration's defense spending policies have emerged as recent headwinds for the stock, which is currently down about 25% from its 52-week high.
LMT secures a $63.4 million contract for the production of Trident II D5 missiles and provision of deployed systems support.
An analyst's price target bump was the news pushing shares of storied defense company Lockheed Martin (LMT 2.63%) skyward as the trading week came to an end. The stock ended the day nearly 3% higher, easily topping the less-than-0.6% increase of the bellwether S&P 500 (^GSPC 0.55%) on the day.
LMT's unit secures a $127 million modification contract to provide support to the F-35 jet program.
Defense stocks took a tumble heading into 2025 as President Trump returned to the White House for his second term. Trump has stated his intent as a peacemaker to bring the wars in Ukraine and Israel to a halt.
The U.S. Navy will eliminate defense giant Lockheed Martin Corp from the competition to build its next-generation carrier-based stealth fighter - a key part of broader plans to confront China on its home turf, people familiar with the decision said.
LMT's unit secures a modification contract to procure hardware spares to support sonar systems.