The Latest Breaking News from Lockheed Martin

Here's How Much $1000 Invested In Lockheed Martin 10 Years Ago Would Be Worth Today

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 10 years by 6.39% on an annualized basis producing an average annual return of 17.04%. Currently, Lockheed Martin has a market capitalization of $109.54 billion.

Benzinga · Jun 14, 2022

The arms manufacturing gold-rush

Major arms manufacturers are experiencing a genuine gold-rush moment

Salon · Jun 14, 2022

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 · Jun 8, 2022

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 · May 24, 2022

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 · May 18, 2022

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 · May 16, 2022

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 · May 12, 2022

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 · May 9, 2022

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 · May 6, 2022

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 · May 6, 2022