Lockheed's (LMT) F-16 Block 70/72 comes with next-generation capabilities like high-resolution Center Pedestal Display and Northrop's 5th generation APG-83 AESA radar.
Lockheed (LMT) is set to provide engineering design, development and production support to the U.S. Navy.
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.
Lockheed's (LMT) ATACMS is a conventional surface-to-surface artillery weapon system, which comes with an improved guidance package with Global Positioning System.
We believe that Lockheed Martin stock is currently a better pick than its industry peer – GE Aerospace stock (NYSE: GE), given its better valuation and robust prospects. GE stock trades at a higher multiple of 40x forward expected earnings, versus 18x for LMT, and we think this gap in valuation will narrow in favor of Lockheed Martin.
Lockheed (LMT), with its recent contract win, is likely to provide 870 PAC-3 MSE missiles, an advanced defensive missile, to the U.S. Army.
NOAA awarded Lockheed Martin $2.3 billion to build up to seven new weather satellites last week. The average cost per satellite exceeds $300 million.
Since 2018, Lockheed Martin has been working on a new class of missile defense satellites for the Pentagon. The Pentagon just awarded Lockheed some money on this contract -- but reduced its satellite order by one-third.
The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system, the Pentagon said on Friday.
As the race to space heats up, the top space stocks to buy are delivering high returns. In the last few years, the commercialization of space has reached new highs with governments investing heavily in commercial space assets.
Lockheed Martin (NYSE: LMT) presents a compelling investment opportunity amidst ongoing geopolitical unrest. As the aerospace and defense giant behind renowned systems like the F-35 fighter jet, C-130 Hercules transport aircraft, and HIMARS, Lockheed Martin can leverage current instability to fuel growth.
Lockheed (LMT) is set to provide production and non-recurring engineering support to aid the F-35 landing and arresting gear system.