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The Latest Breaking News from Lockheed Martin

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

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

The Guardian - AU

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.

Reuters

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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

The Guardian - AU

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…

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.

Benzinga

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 Guardian - AU

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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

The Independent UK

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

Salon

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.

Benzinga

Earnings Preview For Lockheed Martin

Lockheed Martin (NYSE:LMT) is set to give its latest quarterly earnings report on Tuesday, 2022-04-19. Here's what investors need to know before the announcement. Analysts estimate that Lockheed Martin will report an earnings per share (EPS) of $6.21.

Benzinga

War pundits profit from contractor ties

Recent analysis found 20 of 22 guests on mainstream networks had ties to the arms industry or its boosters

Salon

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Salon

Pentagon declassifies bizarre UFO docs

The reports reveal details from an array of alleged UFO encounters, with varying degrees of plausibility

The Conversation

Federal budget 2022: More defence funding in wake of Canada's F-35 about-face

The Canadian government recently announced its decision to enter negotiations with American aerospace giant Lockheed Martin to buy 88 F-35 fighter jets.

Zenger

Fuel Throttle: Russian Tank Wreck Filmed In Petrol Station

The FGM-148 Javelin is a portable anti-tank missile system manufactured by US companies Raytheon and Lockheed Martin.

Axios

U.S. completes second hypersonic missile flight test

The missile reached altitudes greater than 65,000 feet and flew for more than 300 nautical miles.

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Benzinga

Lockheed Martin, Intel To Advance 5G-Ready Communications For US, Allied Defense Systems

Lockheed Martin Corp (NYSE:LMT) and Intel Corp (NASDAQ:INTC) established a collaboration to advance 5G-ready communications for the U.S. A memorandum of understanding was signed in late 2021 to expand the ongoing strategic relationship to align 5G-enabled hardware and software solutions for the Department of Defense (DOD). Intel's 5G solutions are integrated into Lockheed Martin's 5G.MIL…

Benzinga

SpiderOak, Lockheed Martin Enter Space Cybersecurity + Blockchain Collaboration

SpiderOak Mission Systems and Lockheed Martin Corp (NYSE:LMT) Space's Mission Solutions business collaborate for developing and testing a zero-trust cybersecurity platform to secure data across the space data supply chain. The two companies signed an agreement to field key components of the SpiderOak OrbitSecure platform. OrbitSecure is SpiderOak's lightweight software-only solution for ground and…

Benzinga

Check Out What Whales Are Doing With LMT

Benzinga

$100 Invested In Lockheed Martin 10 Years Ago Would Be Worth This Much

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 10 years by 4.76% on an annualized basis producing an average annual return of 17.19%. Currently, Lockheed Martin has a market capitalization of $118.60 billion.

Benzinga

Lockheed Martin Whale Trades For March 24

A whale with a lot of money to spend has taken a noticeably bullish stance on Lockheed Martin. Looking at options history for Lockheed Martin (NYSE:LMT) we detected 11 strange trades.

The Guardian - AU

Australian War Memorial urged to stop accepting money from Lockheed Martin

Veterans, historians and experts say companies that profit from conflict have no place in a solemn memorial to those killed in war

Benzinga

Lockheed Martin Whale Trades Spotted

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 46 strange trades.

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