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The Latest Breaking News from Lockheed Martin

The arms manufacturing gold-rush

Major arms manufacturers are experiencing a genuine gold-rush moment

Salon

Pratt & Whitney and Lockheed Martin defend costly and troubled F-35 fighter jet and its engine

The chief financial officers of Raytheon Technologies Corp. and Lockheed Martin Corp. on Wednesday defended the F-35 fighter jet and its engine following another critical government report that said it too often fails to meet targets for mission capable rates.

Tribune News Service

Global arms industry getting shakeup by war in Ukraine – and China and US look like winners from Russia’s stumbles

Russia’s war in Ukraine is upending the global arms industry.

The Conversation

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This Is What Whales Are Betting On Lockheed Martin

A whale with a lot of money to spend has taken a noticeably bearish stance on Lockheed Martin. Looking at options history for Lockheed Martin (NYSE:LMT) we detected 13 strange trades.

Benzinga

Germany picks Boeing's Chinook helicopters to replace Sikorsky fleet

(This June 1 story corrects to read 'CH-53' (not 'CH-53K') in paragraph 1)

Reuters

Analyzing Lockheed Martin's Short Interest

Lockheed Martin's (NYSE:LMT) short percent of float has fallen 15.44% since its last report. The company recently reported that it has 3.07 million shares sold short, which is 1.15% of all regular shares that are available for trading.

Benzinga

Lockheed Martin And Crypto Firm Explore Hosting A Blockchain In Space

Defense contractor Lockheed Martin Corporation (NYSE: LMT) and Filecoin (CRYPTO: FIL) are looking into hosting a blockchain network in outer space.

Benzinga

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Swiss to sign deal to buy F-35 fighters before referendum

The Swiss government will sign a contract by the end of March to buy 36 Lockheed Martin F-35A Lightning II fighter jets, it said on Wednesday, pressing ahead without waiting for a referendum on the $5.5 billion deal.

Reuters

US Army Awards $309M Worth Contracts To Javelin JV

The U.S. Army recently awarded the Javelin JV two production contracts for Javelin missiles and associated equipment and services with a total value of $309 million. Javelin JV is a partnership of Raytheon Technologies Corp (NYSE:RTX) Raytheon Missiles & Defense, and Lockheed Martin Corp (NYSE:LMT). The contracts include more than 1300 Javelin missiles funded from the…

Benzinga

Commentary: Taking on the masters of war

At the 2021 annual shareholder meeting of the U.S. weapons manufacturer General Dynamics, shareholders turned out to confront the company’s board of directors, asking how they justify the destruction and death they’ve helped cause.

Tribune News Service

Seahawk helicopter detail renews defence focus as PM returns to marginal seat of Gilmore

Prime Minister Scott Morrison provides greater detail about a deal to buy more Seahawk helicopters from the United States during his second visit to the marginal federal seat of Gilmore.

ABC News

Ukraine war boosts weapons makers' stock prices, but revenue to take years to flow through

When Russia launched its invasion of Ukraine at the end of February, the stock prices of many of the world's biggest arms manufacturers spiked. However, most of the hardware being sent to Ukraine is coming from donor nations' existing inventories.

ABC News

Biden to plug manufacturing initiative at Ohio metal company

President Joe Biden is set to announce that five major U.S. manufacturers have made commitments to boost their reliance on small and medium American firms for 3D printing

The Independent UK

Analyzing Lockheed Martin's Short Interest

Lockheed Martin's (NYSE:LMT) short percent of float has fallen 29.02% since its last report. The company recently reported that it has 3.65 million shares sold short, which is 1.37% of all regular shares that are available for trading.

Benzinga

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The Denver Post

Is artificial intelligence the next tool to fight wildfires in the West?

DENVER — With wildfires becoming bigger and more destructive as the West dries out and heats up, agencies and officials tasked with preventing and battling the blazes could soon have a new tool to add to their arsenal of prescribed burns, pick axes, chain saws and aircraft.

Tribune News Service

Is artificial intelligence the next tool to fight wildfires in the West?

The Guardian - US

Biden praises Lockheed workers for making weapons for ‘Ukrainian heroes’

President says production of Javelin anti-tank missiles in Alabama critical to war effort, as he urges Congress to approve $33bn aid package

Al Jazeera

Ukraine latest updates: Russia says will open evacuation routes

Ukraine news from May 4: Russia says will open evacuation routes for civilians from Mariupol steel plant for three days.

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The Independent UK

Biden compares workers who make Javelin anti-tank missiles to ‘Arsenal of Democracy’ builders during WWII

‘We built the weapons and equipment that helped defend freedom and sovereignty in Europe years ago — that's true again today’

The Independent UK

Biden to visit Lockheed plant as weapons stockpile strained

When President Joe Biden visits a Lockheed Martin plant that manufactures an antitank weapons system, he’s certain to herald the U.S.-made arms as a gamechanger in Ukraine’s resistance to Russia's invasion

Benzinga

Lockheed Martin Whale Trades For May 02

Someone with a lot of money to spend has taken a bullish stance on Lockheed Martin (NYSE:LMT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Independent UK

Push to arm Ukraine putting strain on US weapons stockpile

When President Joe Biden visits a Lockheed Martin plant on Tuesday that manufactures an antitank weapons system, he’s certain to herald the U.S.-made arms as a gamechanger in Ukraine’s stiff resistance to the Russian invasion

Benzinga

Here's How Much $1000 Invested In Lockheed Martin 15 Years Ago Would Be Worth Today

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 15 years by 3.47% on an annualized basis producing an average annual return of 10.39%. Currently, Lockheed Martin has a market capitalization of $114.99 billion.

Reuters

Biden to visit Lockheed plant producing weapons provided to Ukraine - White House

U.S. President Joe Biden will travel to Alabama on Tuesday to visit a Lockheed Martin Corp facility that is manufacturing weapons being provided to Ukraine, including Javelin anti-tank missiles, the White House said on Wednesday.

Salon

Pentagon research proposed nuking moon

But the fantastical-sounding research may have merely been an attempt by a contractor to milk government coffers

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