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

Under Control: Lockheed Martin-Built AEHF-5 Protected Communications Satellite Now In Transfer Orbit

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/13/2019 | 11:18am EDT

SCHRIEVER AIR FORCE BASE, Colo - The U.S. Air Force's4th Space Operations Squadron at Schriever Air Force Base is now 'talking' with the fifth Advanced Extremely High Frequency (AEHF-5) protected communication satellite after its successful launch from Cape Canaveral Air Force Station, Florida, this morning.

The Lockheed Martin (NYSE:LMT)-built AEHF-5 satellite is now responding to the squadron's commands as planned. The squadron began 'flying' the satellite shortly after it separated from its United Launch Alliance Atlas V 551 rocket approximately 5 hours and 40 minutes after the rocket's successful 6:13 a.m. ET liftoff.

AEHF-5 completes a geostationary ring of five satellites delivering global coverage for survivable, highly secure and protected communications for strategic command and tactical warfighters operating on ground, sea and air platforms. Besides U.S. forces, AEHF also serves international partners including Canada, the Netherlands and the United Kingdom.

'This fifth satellite adds an additional layer of flexibility for critical strategic and tactical protected communications serving the warfighter. This added resilience to the existing constellation will help ensure warfighters can connect globally to communicate and transmit data at all times,' said Mike Cacheiro, vice president for Protected Communications at Lockheed Martin Space. 'In the weeks ahead, AEHF-5 will move towards its operational orbit, deploy all of its solar arrays and antennas, and turn on its powerful communications payload for a rigorous testing phase prior to hand over to the Air Force.'

AEHF-5, with its advanced Extended Data Rate (XDR) waveform technology, adds to the constellation's high-bandwidth network. One AEHF satellite provides greater total capacity than the entire legacy five-satellite Milstar communications constellation.

'Individual data rates increase five-fold compared to Milstar, permitting transmission of tactical military communications, such as real-time video, battlefield maps and targeting data,' said Cacheiro. 'AEHF affords national leaders anti-jam, always-on connectivity during all levels of conflict and enables both strategic and tactical users to communicate globally across a high-speed network that delivers protected communications in any environment.'

Lockheed Martin designed, processed and manufactured all five on-orbit AEHF satellites at its advanced satellite manufacturing facility in Sunnyvale, California. The next AEHF satellite, AEHF-6, is currently in full production in Silicon Valley and is expected to launch in 2020.

The AEHF team includes the U.S. Air Force Military Satellite Communications Systems Directorate at the Space and Missile Systems Center, Los Angeles Air Force Base, Calif. Lockheed Martin Space, Sunnyvale, Calif., is the AEHF prime contractor, space and ground segments provider as well as system integrator, with Northrop Grumman Aerospace Systems, Redondo Beach, Calif., as the payload provider.

For additional information, visit our website: http://www.lockheedmartin.com/aehf

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

SOURCE Lockheed Martin

(C) 2019 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LOCKHEED MARTIN CORPORATIO
09/20LOCKHEED MARTIN : France's Armee De L'Air Receives First KC-130J Super Hercules ..
AQ
09/19LOCKHEED MARTIN : France's Armée de l'Air Receives First KC-130J Super Hercules ..
PU
09/19India's Modi to meet BP, Exxon executives to discuss investment opportunities
RE
09/18LOCKHEED MARTIN : Space Training, Simulation And Development Facility Opens In C..
AQ
09/17LOCKHEED MARTIN : Space Training, Simulation and Development Facility Opens in C..
PU
09/17LOCKHEED MARTIN : Continues Advanced EOTS Development; The company estimates Adv..
AQ
09/17Northrop Grumman Announces Nationwide Team for Ground Based Strategic Deterre..
AQ
09/17LOCKHEED MARTIN : Skunk Works' Project Riot Demonstrates Multi-Domain Operations..
AQ
09/17LOCKHEED MARTIN : Continues Advanced EOTS Development
PR
09/17LOCKHEED MARTIN : The Next Big Thing Lockheed Martin Makes Northern Alabama Flag..
AQ
More news
Financials (USD)
Sales 2019 59 132 M
EBIT 2019 8 400 M
Net income 2019 6 009 M
Debt 2019 11 418 M
Yield 2019 2,31%
P/E ratio 2019 18,3x
P/E ratio 2020 15,4x
EV / Sales2019 2,05x
EV / Sales2020 1,91x
Capitalization 110 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 394,90  $
Last Close Price 388,25  $
Spread / Highest target 13,3%
Spread / Average Target 1,71%
Spread / Lowest Target -9,34%
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 CORPORATION48.28%109 641
UNITED TECHNOLOGIES CORPORATION27.32%115 700
NORTHROP GRUMMAN CORPORATION53.36%62 295
RAYTHEON27.11%54 295
GENERAL DYNAMICS CORPORATION19.67%53 992
L3HARRIS TECHNOLOGIES INC57.43%46 992