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MarketScreener Homepage  >  Equities  >  Nyse  >  Lockheed Martin Corporation    LMT

LOCKHEED MARTIN CORPORATION

(LMT)
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Lockheed Martin : Gets $998 Million Contract From US Air Force

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12/02/2019 | 06:23pm EST

By Stephen Nakrosis

Lockheed Martin Missile and Fire Control was awarded a $988.8 million modification to a previously-awarded contract to work on the U.S. Air Force's hypersonic Air-Launched Rapid Response Weapon, the Pentagon said Monday.

Under the terms of the contract, the company will review and test the weapon, as well as provide production readiness support, the Pentagon said.

Work will be conducted in Orlando, Florida, and is expected to be completed by Dec. 31, 2022, the Pentagon said.

Lockheed Martin Corp. (LMT) is the parent of Lockheed Martin Missile and Fire Control.

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

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Financials (USD)
Sales 2019 59 133 M
EBIT 2019 8 373 M
Net income 2019 6 142 M
Debt 2019 10 997 M
Yield 2019 2,32%
P/E ratio 2019 17,8x
P/E ratio 2020 15,9x
EV / Sales2019 2,03x
EV / Sales2020 1,90x
Capitalization 109 B
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Technical analysis trends LOCKHEED MARTIN CORPORATIO
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 402,05  $
Last Close Price 386,24  $
Spread / Highest target 16,5%
Spread / Average Target 4,09%
Spread / Lowest Target -6,79%
EPS Revisions
Managers
NameTitle
Marillyn A. Hewson Chairman, President & Chief Executive Officer
Rodney A. Makoske SVP-Corporate Engineering, Technology & Operations
Kenneth R. Possenriede Chief Financial Officer & Executive Vice President
James Oren Ellis Independent Director
David B. Burritt Independent Director
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