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Lockheed Martin Corp (LMT.N)

LMT.N on New York Stock Exchange

338.78USD
24 May 2019
Change (% chg)

$-1.29 (-0.38%)
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Latest Key Developments (Source: Significant Developments)

Team Dynetics Wins $130 Mln 100Kw-Class High Energy Laser Contract For U.S. Army
Wednesday, 15 May 2019 

May 15 (Reuters) - DYNETICS: :TEAM DYNETICS WINS $130 MILLION 100KW-CLASS HIGH ENERGY LASER CONTRACT FOR U.S. ARMY.  Full Article

Lockheed Martin Names Dean Acosta Senior Vice President, Communications
Wednesday, 15 May 2019 

May 15 (Reuters) - Lockheed Martin Corp ::LOCKHEED MARTIN NAMES DEAN ACOSTA SENIOR VICE PRESIDENT, COMMUNICATIONS.LOCKHEED MARTIN CORP - APPOINTED DEAN ACOSTA AS SENIOR VICE PRESIDENT, COMMUNICATIONS, EFFECTIVE MAY 20, 2019.  Full Article

Lockheed Martin Inks Long-Term Contracts With More F-35 Suppliers
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Lockheed Martin Corp ::LOCKHEED MARTIN INKS LONG-TERM CONTRACTS WITH MORE F-35 SUPPLIERS.LOCKHEED MARTIN - TRANSITIONED ADDITIONAL F-35 SUPPLIERS TO LONGER TERM PERFORMANCE BASED LOGISTICS CONTRACTS AND MASTER REPAIR AGREEMENTS.  Full Article

Tempo Automation Announces Contract With Lockheed Martin
Monday, 25 Mar 2019 

March 25 (Reuters) - Lockheed Martin Corp ::TEMPO AUTOMATION ANNOUNCES CONTRACT WITH LOCKHEED MARTIN.TEMPO AUTOMATION, ELECTRONICS MANUFACTURER FOR PROTOTYPING AND LOW-VOLUME PRODUCTION OF PCBAS, - ANNOUNCES A CONTRACT AGREEMENT WITH LOCKHEED MARTIN.  Full Article

Lockheed Martin Tech To Allow Satellites To Change Missions In Orbit
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Lockheed Martin Corp ::LOCKHEED MARTIN CORP - ANNOUNCED A NEW GENERATION OF SPACE TECHNOLOGY LAUNCHING THIS YEAR THAT WILL ALLOW SATELLITES TO CHANGE THEIR MISSIONS IN ORBIT.  Full Article

Sikorsky's AAG & BLADE Announce Agreement For On-Demand Urban Mobility Option In NY City Using Sikorsky S-76 Helicopter
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Lockheed Martin Corp ::SIKORSKY'S AAG AND BLADE ANNOUNCE AGREEMENT FOR ON-DEMAND URBAN MOBILITY OPTION IN NEW YORK CITY USING SIKORSKY S-76® HELICOPTER.LOCKHEED MARTIN CORP - BLADE ALSO WILL GAIN ACCESS TO AAG'S FULL FLEET OF SIKORSKY HELICOPTERS, LARGEST IN NORTHEAST, AS NEEDED.  Full Article

Raytheon/Lockheed Martin Javelin JV Awarded Contract For 2,100 F-Model Missiles
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Lockheed Martin Corp ::RAYTHEON/LOCKHEED MARTIN JAVELIN JOINT VENTURE AWARDED CONTRACT FOR 2,100 F-MODEL MISSILES, MARKING INITIAL FULL-RATE PRODUCTION.LOCKHEED MARTIN CORP - CONTRACT LAUNCHES INITIAL FULL-RATE PRODUCTION AGREEMENT FOR JAVELIN F-MODEL MISSILE, REPLACING JAVELIN FGM-148E (BLOCK I).LOCKHEED MARTIN - JAVELIN F-MODEL ROUND DELIVERIES ARE PLANNED FOR EARLY 2020.LOCKHEED MARTIN - THERE ARE ALSO FUNDED EFFORTS UNDERWAY TO DEVELOP HIGHER PERFORMANCE LIGHTWEIGHT COMMAND LAUNCH UNIT AND FGM-148G MODEL MISSILE.  Full Article

Lockheed Martin Q4 Earnings Per Share $4.39 From Continuing Operations
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Lockheed Martin Corp ::LOCKHEED MARTIN REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 EARNINGS PER SHARE $4.39 FROM CONTINUING OPERATIONS.Q4 SALES $14.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $13.75 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $4.40 -- REFINITIV IBES DATA.2019 FINANCIAL OUTLOOK PROVIDED.BACKLOG OF $130.5 BILLION AT END OF 2018.CASH FROM OPERATIONS OF $2.2 BILLION IN Q4 AND $3.1 BILLION IN 2018, AFTER ANNUAL PENSION CONTRIBUTIONS OF $5.0 BILLION.SEES 2019 NET SALES $55.75 MILLION- $57.25 MILLION.SEES 2019 DILUTED EARNINGS PER SHARE $19.15 - $19.45.EXPECTS 2019 NET FAS/CAS PENSION BENEFIT TO BE APPROXIMATELY $1.5 BILLION.SEES 2019 CASH FROM OPERATIONS GREATER THAN OR EQUAL TO $7.4 BILLION.LOCKHEED MARTIN - AS RESULT OF $5.0 BILLION IN CONTRIBUTIONS TO QUALIFIED DEFINED BENEFIT PENSION PLANS IN 2018, DOES NOT EXPECT TO MAKE CONTRIBUTIONS IN 2019.IN Q4 RECOGNIZED A NON-CASH ASSET IMPAIRMENT CHARGE OF $110 MILLION FOR ITS INTERNATIONAL EQUITY METHOD INVESTEE AMMROC.FY2019 EARNINGS PER SHARE VIEW $19.55, REVENUE VIEW $56.23 BILLION -- REFINITIV IBES DATA.PENSION TRANSACTIONS DID NOT IMPACT CORPORATION'S EARNINGS OR CASH FLOWS IN 2018.  Full Article

IEEE And Lockheed Martin To Sign Corporate Partnership Agreement
Friday, 21 Dec 2018 

Dec 21 (Reuters) - IEEE::IEEE AND LOCKHEED MARTIN TO SIGN CORPORATE PARTNERSHIP AGREEMENT.  Full Article

Lockheed Martin Names Kenneth Possenriede Chief Financial Officer
Tuesday, 11 Dec 2018 

Dec 10 (Reuters) - Lockheed Martin Corp ::LOCKHEED MARTIN NAMES KENNETH R. POSSENRIEDE EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.LOCKHEED MARTIN CORP - BRUCE L. TANNER TO RETIRE.LOCKHEED MARTIN CORP - POSSENRIEDE'S APPOINTMENT IS EFFECTIVE FEB. 11, 2019.  Full Article

Lockheed Martin's Sikorsky wins $1.1 billion U.S. defense contract

WASHINGTON Sikorsky, a unit of Lockheed Martin Corp, has been awarded a $1.1 billion contract for 12 CH-53K King Stallion helicopters, including logistics and other support, the Pentagon said on Friday.