Lockheed Martin lands a $25M Army contract to support Sentinel A4 radar systems, enhancing aerial and electronic threat detection.
The world is getting more chaotic, and it makes sense to add some high-quality defense contractors to your portfolio as a hedge. Lockheed Martin and Northrop Grumman are two top defense contractors. Which is the 'better buy'? While LMT is larger and produces higher profile jet fighters and weapons systems, we prefer NOC's position in the military stack.
Lockheed Martin (NYSE: LMT) has been going through a rough patch, its stock is down 6.82% in the past six months and currently trading at around $480.
Lockheed Martin (LMT) reachead $480.17 at the closing of the latest trading day, reflecting a +0.28% change compared to its last close.
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.
In the latest trading session, Lockheed Martin (LMT) closed at $469.98, marking a -1.44% move from the previous day.
LMT wins $214.4M contract to upgrade MLRS units to M270A2, with work to be completed by 2030 across key U.S. locations.
Lockheed (LMT) reported earnings 30 days ago. What's next for the stock?
Lockheed Martin is a top contender for the $175B Golden Dome missile defense project, which is critical for its future growth and shareholder returns. The Golden Dome is a complex, integrated missile defense system requiring industry-wide collaboration, advanced AI, and cross-domain assets. Budget and timeline risks are significant, with $175B likely underestimating true costs and a three-year deployment window seen as unrealistic.
Ongoing geopolitical instability and numerous regional conflicts are creating a climate of investor caution in the current global landscape. This prolonged uncertainty has a direct and significant consequence: a notable and accelerating rise in global military expenditures.
Investors interested in LMT stock should wait for a better entry point, considering its higher debt-to-capital ratio.
Lockheed Martin Corporation (NYSE:LMT ) Bank of America Industrials, Transportation & Airlines Key Leaders 2025 Conference Call May 14, 2025 1:25 PM ET Company Participants Evan Scott - Chief Financial Officer Conference Call Participants Ronald Epstein - Bank of America Ronald Epstein Our next session is with Evan Scott, the Chief Financial Officer of Lockheed Martin. So Evan, thank you.