Window blind manufacturer Hunter Douglas and aerospace giant Lockheed Martin plan to cut hundreds of employees, following major layoffs this year at tech companies, banks and manufacturers, including ...
Tag: Lockheed
Here’s Why I Won’t Exit Lockheed Martin or Defense Stocks
On Tuesday morning, defense and aerospace giant Lockheed Martin (LMT) , which is a long-time Sarge name though I had recently reduced exposure, released the firm’s fourth quarter financial resul...
Lockheed shares could give up all of their gains from last year
It’s time to pull out of Lockheed Martin Corp (NYSE: LMT) since the months ahead will likely be rough for the defense stock, says Noah Poponak. He’s a Research Analyst at Goldman Sachs. Lockheed sha...
Following An Accident Earlier This Month Lockheed Martin Has Stopped F-35 Deliveries
Following a landing accident with F-35B in early December, Lockheed has stopped deliveries of the … [+] aircraft to U.S. and foreign customers. Lockheed Martin The crash landing of an F-35B near...
Lockheed Martin Challenges US Army’s Helicopter Contract To Competitor
Sikorsky, a Lockheed Martin Corp (NYSE: LMT) company, filed a formal protest asking the U.S. Government Accountability Office (GAO) to review the U.S. Army’s decision on the Future Long-Range As...
As Anticipated, Lockheed Martin-Sikorsky Has Protested the Army’s FLRAA Selection
A conceptual image of Sikorsky-Boeing Defiant X helicopters deploying troops in a landing zone – an … [+] image that the Army’s early December FLRAA selection putatively nullified. S...
Germany’s Formal Buy of F-35s Raises a Pressing Question; Can Lockheed Martin Deliver the Airplanes on Time?
German Chancellor Olaf Scholz (SPD) stands in front of an F-35 stealth jet at the International … [+] Aerospace Exhibition (ILA). (Photo by Wolfgang Kumm/picture alliance via Getty Images) dpa/p...
Lockheed Martin’s Skunk Works Is Teaming with Supercar Maker McLaren -Why, We Don’t Know
Lockheed Martin Skunk Works and McLaren Automotive announced a “collaboration” on applying the … [+] former’s design software without explaining why. McLaren Automotive In the ...
U.S. army picks Textron over Lockheed Martin for a big contract
Textron Inc (NYSE: TXT) opened nearly 10% up on Tuesday after the U.S. army picked the Bell V-280 Valor as its future long-range assault aircraft (FLRAA). Army wants to retire Black Hawks The U.S. arm...
Palantir And Lockheed Martin Partner To Improve Navy Combat
Palantir Technologies Inc (NYSE: PLTR) and Lockheed Martin Corp (NYSE: LMT) collaborated to focus on delivering modern software to support Navy combat systems. They leveraged Lockheed Martin’s d...
Lockheed Martin A Top 25 Dividend Giant With 2.49% Yield
Lockheed Martin has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a whopping $15.79B worth of stock held by ETFs, and above-average ”DividendRank” statistics inc...
Terran Orbital stock rises after Lockheed Martin invests $100 million
The company’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Shares of spacecraft manufacturer Terran Orbital rose Monday after the company added $100 million via an ...
Top Stocks Lockheed And PepsiCo Break Out To All-Time Highs On Earnings Strength
Top stocks Lockheed Martin (LMT) and PepsiCo (PEP) hit all-time highs Friday, continuing to rally after beating Q3 estimates earlier this month. Both are in their buy zones, with LMT stock coming off ...
Hasbro, Salesforce, Carnival, Lockheed Martin & more
Hasbro Inc. toys from based on “Marvel’s The Avengers” movie sit on the shelf at a Target Corp. store in Union, New Jersey, U.S., on Wednesday, Aug. 22, 2012. Bloomberg | Bloomberg | Getty Images Chec...
Lockheed Martin hikes dividend 7% as Ukraine war drags on
Lockheed Martin Corp. LMT, -0.90% said late Friday its board approved a 7% hike to the aerospace and defense company’s dividend. The company said it will pay a $3-a-share dividend, up from a pre...
Wells Fargo downgrades Lockheed Martin despite the Ukraine war
Lockheed Martin Corporation (NYSE: LMT) is up 13% versus the start of 2022 but a Wells Fargo analyst says it’s pretty much as far as it goes. Lockheed Martin is fairly priced On Wednesday, Matthew Ake...
Raytheon secures $1 billion US defense contract beating Lockheed Martin and Boeing
Raytheon Technologies (NYSE: RTX) was awarded a US Department of Defense contract worth $985 million on September 22. More notably, Raytheon beat out Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) ...
Lockheed Martin grabs another defense contract worth over $500 million
Lockheed Martin (NYSE: LMT) secured another contract with the US Department of Defense worth $524.1 million on August 9. More specifically, the agreement represents a modification of a previously awar...
Defense Companies Hurt by Staffing Shortages Amid Growing Weapons Demand
July 30, 2022 11:04 am ET Listen to article (2 minutes) U.S. defense companies are experiencing staffing shortages when the war in Ukraine and tensions surrounding Taiwan are expected to stoke demand ...
Lockheed Martin recovers in Q2 after dipping slightly on earnings miss
Lockheed Martin (NYSE: LMT) reported its Q2 earnings on Tuesday, July 19, missing the top and bottom lines due to supply chain issues. Further, the full-year guidance was trimmed as the problems cause...
LMT Stock: Lockheed Slashes Guidance After Earnings Miss As Defense Giants Wipe Out Ukraine Invasion Gains
Lockheed Martin (LMT) on Tuesday reported second-quarter earnings and revenue came in below analyst expectations, and the defense giant also slashed guidance. LMT stock closed flat on Tuesday after br...
Lockheed and Pentagon near $30 billion deal; What it could mean for LMT stock?
Lockheed Martin (NYSE: LMT) is looking to provide the U.S. government with roughly 375 F-35 fighter jets over a three-year period. Namely, reports surfacing on July 18 pointed to the U.S. Department o...
Lockheed Martin stock falls despite successful test of hypersonic missile
On Wednesday, July 13, the Pentagon said the U.S. Air Force successfully tested a pair of Lockheed Martin (NYSE: LMT) hypersonic missiles. Apparently, the test was done off the California coast this w...
Kroger, S&P Global, Lockheed Martin, Pfizer, Matson
Kroger’s Board of Directors approved a dividend increase from $0.84 to $1.04 per year. The next quarterly dividend of 26 cents per share will be paid on September 1, 2022, to shareholders of rec...
Sell Lockheed Martin to buy later at lower valuations
Lockheed Martin Corporation (NYSE:LMT) has enjoyed support since the war in Ukraine started. The war triggered a need for many countries to increase war stockpiles. The share hit the highest valuation...
GM, Lockheed take lunar rover project to the commercial space market
MILFORD, Mich. — General Motors and Lockheed Martin said Thursday they plan to produce an array of moon-roving vehicles for commercial space missions and services powered by the automaker’s elec...
“21st Century Security” Becomes Lockheed Martin’s Driving Vision Of The Future
Two years into his tenure as CEO of Lockheed MartinLMT , James D. Taiclet has done a decent job of keeping the world’s biggest arms maker on an even keel. This year will see a modest top-line decline ...
FileCoin Foundation and Lockheed Martin Sets Course to Build IPFS Nodes in Space – crypto.news
The FileCoin Foundation has partnered with Lockheed Martin Space to create blockchain nodes in space. According to a recent tweet, FileCoin is looking forward to developing the blockchain infrastructu...
Internet That’s out of This World: Lockheed Martin Teams up With Filecoin and Protocol Labs
Maryland-based defense contractor Lockheed Martin is teaming up with Protocol Labs’ decentralized Interplanetary File System to build in-space connectivity. In a bid to reduce dependence on earth-boun...