Elite dividend growth stocks like Visa, Lockheed Martin, and Lowe's consistently outperform the broader market over long periods. Top dividend growers also tend to be less volatile than other equity classes.
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 is set to supply two C-130J Super Hercules tactical airlifters to Egypt's combat fleet.
Passive income is key to a comfortable retirement. Dividend growth stocks can be potent passive income generators.
LMT is set to procure several spare parts for its CH-53K helicopters.
LMT is set to procure several parts, including probes, machine bolts and many more, for CH-53K helicopters.
LMT's MLRS family of munitions includes a variety of precision-strike rockets and missiles, with ongoing evolutionary development to meet the needs of today's warfighters.
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.
Lockheed Martin restarted F-35 deliveries in July after a year-long pause due to TR-3 upgrade issues, building significant inventory during the halt. The TR-3 upgrade enhances the F-35's memory, processing power, and combat capabilities, but current deliveries lack the full combat-ready upgrade, delaying full payments. Delayed delivery payments for 2024 and 2025 could total $1.125 billion to $1.175 billion, impacting cash flow but minimally affecting Lockheed Martin's stock price.
Lockheed (LMT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
On August 28, the current largest U.S. defense contractor, Lockheed Martin (NYSE: LMT), received a $5 billion contract from the U.S. Army to produce and maintain necessary military and defense equipment.
LMT is set to be engaged in full-rate production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 and AN/SLQ-32C(V)6 systems.