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MarketScreener Homepage  >  Equities  >  Nyse  >  Lockheed Martin Corporation    LMT

LOCKHEED MARTIN CORPORATION

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Lockheed Martin : US Concerns Over Turkey Using Russian Air Defense May Stall F-35 Delivery -Reuters

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03/21/2019 | 04:09pm EDT

--The U.S. may halt preparations to deliver F-35 fighter jets to Turkey if that country continues to pursue a purchase of Russia's S-400 air defense system, Reuters reported Thursday.

--Katie Wheelbarger, acting assistant secretary of defense for international security affairs, said allowing Turkey to have the F-35 may compromise security, especially as both it and the S-400 are heavily computerized, and "You don't hook your computer to your adversary's computer," the report said.

--The standoff comes as many U.S. officials worry that Turkey is drifting away from the U.S. and improving relations with Russia, the report said.

--The F-35 is manufactured by Lockheed Martin Corp. (LMT).

Full story: https://www.reuters.com/article/us-usa-turkey-defense-exclusive/exclusive-u-s-may-soon-pause-preparations-for-delivering-f-35s-to-turkey-idUSKCN1R20AY?il=0

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

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Financials ($)
Sales 2019 56 802 M
EBIT 2019 7 954 M
Net income 2019 5 550 M
Debt 2019 11 563 M
Yield 2019 2,98%
P/E ratio 2019 15,61
P/E ratio 2020 12,63
EV / Sales 2019 1,69x
EV / Sales 2020 1,59x
Capitalization 84 562 M
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Technical analysis trends LOCKHEED MARTIN CORPORATIO
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 347 $
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Marillyn A. Hewson Chairman, President & Chief Executive Officer
Rodney A. Makoske SVP-Corporate Engineering, Technology & Operations
Bruce L. Tanner Chief Financial Officer & Executive Vice President
Nolan Don Archibald Lead Independent Director
Joseph W. Ralston Independent Director
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