Lockheed Martin (NYSE: LMT) stock price has been a perennial laggard in the past few years even after receiving billions of dollars worth of orders and as defense spending soared. Its total return this year is 3.5%, which is lower than the S&P 500 index's 12.70%.
Lockheed (LMT) is set to procure aircraft armament equipment for its F-35 fighter jets.
As we venture into June 2024, the space industry continues to capture the imagination of investors and enthusiasts alike. With the global space economy projected to triple to $1 trillion by 2040, the potential for growth is immense.
In the most recent trading session, Lockheed Martin (LMT) closed at $467.46, indicating a -0.57% shift from the previous trading day.
Global defense spending hit about $2.4 trillion in 2023, up about 8.5% compared with 2022.
Lockheed Martin has entered a purchase agreement with Firefly Aerospace for up to 25 launches on its Alpha rocket by 2029, the U.S. defense contractor said on Wednesday.
Lockheed's (LMT) HIMARS is the most technically advanced, affordable and sustainable artillery solution that can fire the entire Multiple Launch Rocket System family of munitions.
Lockheed Martin (LMT) concluded the recent trading session at $467.60, signifying a -0.58% move from its prior day's close.
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.
Lockheed Martin Corporation (NYSE:LMT ) Bernstein's 40th Annual Strategic Decisions Conference Call May 30, 2024 8:00 AM ET Company Participants Jay Malave - Chief Financial Officer Frank St. John - Chief Operating Officer Conference Call Participants Doug Harned - Bernstein Doug Harned Okay, great. Good morning.
In the latest trading session, Lockheed Martin (LMT) closed at $458.48, marking a -1.9% move from the previous day.
Lockheed (LMT) is set to provide industrial post-delivery availability support for the Freedom-variant Littoral Combat Ship USS Cleveland (LCS 31).