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The Latest Breaking News from Lockheed Martin

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

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

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

The Denver Post

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

The Guardian - US

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.

Al Jazeera

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

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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

The Independent UK

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.

Benzinga

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

The Independent UK

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.

Benzinga

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.

Reuters

Pentagon research proposed nuking moon

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

Salon

The $1.7 Trillion F-35 Fighter Jet Program Is About To Get More Expensive

GAO: Congress has been buying planes that lack crucial parts and haven't undergone full testing, so costly upgrades will eventually be needed.

Reason

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The Guardian - AU

An Australian War Memorial sponsored by weapons dealers is no place for quiet reflection on Anzac Day

With boastful displays and arms maker sponsors, the memorial falls ever shorter of duty to commemorate the toll of war

Reuters

Germany to buy 60 heavy transport helicopters from Boeing -Bild am Sonntag

Germany will buy 60 CH-47F Chinook heavy transport helicopters from Boeing worth around 5 billion euros ($5.40 billion)as it upgrades its military armour, Bild am Sonntag newspaper reported on Sunday, citing government sources.

The Guardian - AU

Morning mail: leaders clash over China security deal, coal export boom to bust, UK thirsty for vampires

Thursday: Labor leader Anthony Albanese wins the first leaders’ debate. Plus: Russia tests new missile from its nuclear arsenal

Benzinga

Analysts Bump Up Lockheed Martin Price Target Post Q1 Results

Wells Fargo analyst Matthew Akers raised the price target for Lockheed Martin Corp (NYSE:LMT) to $496 (an upside of 9%) from $486 while maintaining the Equal-Weight rating on the shares. The analyst stated that most of LMT's Q1 beat vs. the firm's model was driven by lower tax/interest, while operations were slightly ahead, including a…

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Benzinga

What 8 Analyst Ratings Have To Say About Lockheed Martin

Over the past 3 months, 8 analysts have published their opinion on Lockheed Martin (NYSE:LMT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

The Guardian - AU

Australian War Memorial seeks new funding from Lockheed Martin despite veterans’ criticism

Hundreds of Australians wrote letters saying sponsorship deals with arms manufacturers are ‘degrading to the memory of our war dead’

The Independent UK

War in Ukraine is a ‘gold rush’ for Western arms makers, experts say

Ukraine invasion is not the first conflict Western governments have used to showcase weapons to potential buyers, writes Andrew Buncombe

Salon

Ukraine fuels massive arms gold rush

Putin's war is a tragedy for the world, but it already has big winners: Weapons firms and the Pentagon budget

Benzinga

Lockheed Martin Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish 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.

Benzinga

Lockheed Martin Shares Fall After Q1 Revenue Miss

Lockheed Martin Corp (NYSE:LMT) reported a first-quarter FY22 net sales decline of 8% year-over-year to $14.96 billion, missing the consensus of $15.55 billion. EPS declined to $6.44 from $6.56 in 1Q21, beating the consensus of $6.21. The operating profit decreased by 11.4% Y/Y to $1.93 billion, and the margin contracted by 50 bps…

Benzinga

Lockheed Martin: Q1 Earnings Insights

Lockheed Martin (NYSE:LMT) reported its Q1 earnings results on Tuesday, April 19, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

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