Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Lockheed Martin Corporation    LMT

LOCKHEED MARTIN CORPORATION

(LMT)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations
The feature you requested does not exist. However, we suggest the following feature:

Lockheed Martin : Receives $562 Million Missile Contract

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/25/2019 | 10:01am EDT

By Micah Maidenberg

Lockheed Martin Corp. (LMT) has received a new contract to produce missiles for the U.S. Army, as well for certain foreign militaries, the defense contractor said.

The Bethesda, Md.-based company said Tuesday it will make Army Tactical Missile System missiles under a $561.8 million contract. In a statement, the company didn't specify which overseas militaries will receive the missiles.

The company will produce the missiles at a facility in Camden, Ark., where it is expanding manufacturing operations.

Shares of Lockheed have risen more than 37% so far this year through Monday, as investors turn to the defense sector to find stocks perceived as safer bets. Investors have also been buying shares of military companies on the expectation that defense spending may rise.

A Senate committee last month approved allocating $750 billion for defense spending as part of a budget bill.

Write to Micah Maidenberg at micah.maidenberg@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LOCKHEED MARTIN CORPORATIO
06/25LOCKHEED MARTIN : Receives $562 Million Missile Contract
DJ
06/25LOCKHEED MARTIN : U.S. Army Awards Lockheed Martin $561.8 Million Contract for A..
PR
06/25Karoom Brown Promoted to CEO of Optum Federal Health IT Services Subsidiary
AQ
06/25LOCKHEED MARTIN : and Airbus reaffirm tanker partnership at 2019 Paris Air Show
AQ
06/25LOCKHEED MARTIN : and Dstl to cooperate on strategic systems
AQ
06/24‘PHYSICS ARE PHYSICS' : Lockheed Sees More Big, Complex Sats
AQ
06/24AEROJET ROCKETDYNE : Jettison motor for artemis 1 delivered by aerojet rocketdyn..
AQ
06/24U.S-India trade, e-commerce disputes likely to top Pompeo's New Delhi agenda
RE
06/24LOCKHEED MARTIN : Teams With Airbus, ELTA, Rafael For Israeli Contracts & US Cas..
AQ
06/24LOCKHEED MARTIN : showcases radar solution for US Army LTAMDS
AQ
More news
Financials ($)
Sales 2019 57 996 M
EBIT 2019 8 146 M
Net income 2019 5 802 M
Debt 2019 11 321 M
Yield 2019 2,49%
P/E ratio 2019 17,55
P/E ratio 2020 14,66
EV / Sales 2019 1,95x
EV / Sales 2020 1,83x
Capitalization 102 B
Chart LOCKHEED MARTIN CORPORATION
Duration : Period :
Lockheed Martin Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LOCKHEED MARTIN CORPORATIO
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 375 $
Spread / Average Target 4,2%
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
Sector and Competitors
1st jan.Capitalization (M$)
LOCKHEED MARTIN CORPORATION37.70%97 354
UNITED TECHNOLOGIES CORPORATION20.91%109 390
NORTHROP GRUMMAN CORPORATION31.27%52 118
RAYTHEON19.42%49 313
GENERAL DYNAMICS12.86%47 129
HARRIS CORPORATION46.47%22 427