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Lockheed Martin Corp. - $LMT STOCK NEWS

Welcome to our dedicated page for Lockheed Martin news (Ticker: $LMT), a resource for investors and traders seeking the latest updates and insights on Lockheed Martin stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lockheed Martin's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lockheed Martin's position in the market.

Rhea-AI Summary

Elsight collaborated with Lockheed Martin to integrate Elsight's Halo connectivity platform with the Indago 4 Uncrewed Aerial System, enhancing its capabilities for beyond visual line-of-sight (BVLOS) flights. The Halo system ensures continuous connectivity through diverse IP links, improving situational awareness and data transmission for defense, public safety, surveillance, and remote inspection applications.

Rhea-AI Impact
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End-of-Day
0.84%
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Rhea-AI Summary

Lockheed Martin's X-62A VISTA aircraft, equipped with AI technology, hosted U.S. Air Force Secretary Frank Kendall for flights to test and advance AI-enabled autonomous flight capabilities. The AI pathfinder facilitates the development and testing of cutting-edge AI techniques for uncrewed vehicles. With over 100,000 lines of flight-critical software changes completed, the platform demonstrates the potential of AI in aerospace innovation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
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AI
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Rhea-AI Summary

Lockheed Martin's board of directors declared a second quarter 2024 dividend of $3.15 per share, payable on June 28, 2024. Thomas J. Falk was elected as the new independent lead director of the board, succeeding Daniel F. Akerson. Falk, a member of the board since 2010, will take over the role's responsibilities, including presiding over executive sessions and providing feedback to management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
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dividends earnings
Rhea-AI Summary
Lockheed Martin reported impressive first quarter 2024 financial results with net sales of $17.2 billion, net earnings of $1.5 billion, and cash from operations of $1.6 billion. The company returned $1.8 billion to shareholders through dividends and share repurchases, reaffirming its 2024 financial outlook. Lockheed Martin's backlog of $159 billion showcases its strong position in National Security Space awards and commitment to joint all domain operations. Adjusted earnings before income taxes, net earnings, and diluted EPS show a positive trend year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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Rhea-AI Summary
Lockheed Martin has been selected by the U.S. Missile Defense Agency to provide the Next Generation Interceptor, a cutting-edge missile defense system. The company aims to deliver a reliable and advanced interceptor to protect the nation from long-range ballistic missile threats.
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End-of-Day
0.27%
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Rhea-AI Summary
Lunar Outpost, in collaboration with Lockheed Martin and industry partners, has been awarded a NASA contract to develop a human-rated Moon rover for the Artemis campaign. The Lunar Dawn team, consisting of companies like General Motors, Goodyear, and MDA Space, aims to create a cutting-edge Lunar Terrain Vehicle (LTV) to support astronauts on the Moon's surface, enhancing exploration capabilities and contributing to a sustainable cislunar economy.
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Rhea-AI Sentiment
End-of-Day
1.37%
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Rhea-AI Summary
Lockheed Martin (LMT) will webcast its first quarter 2024 earnings results conference call on April 23, 2024. Key executives will discuss financial results, updates, and answer questions.
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Rhea-AI Sentiment
End-of-Day
-0.46%
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Rhea-AI Summary
Lockheed Martin (LMT) CFO Jay Malave to present at J.P. Morgan Industrials Conference. Webcast details and replay information provided.
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0.35%
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conferences
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Rhea-AI Summary
Barnes Group Inc. (B) announces the planned retirements of Chairman Thomas O. Barnes and Lead Independent Director Mylle H. Mangum. Richard Hipple appointed as Chair Elect. Adam Katz joins the Board. Cooperation agreement with Irenic Capital Management. Thomas O. Barnes to become Chairman Emeritus. Board of Directors selects Richard J. Hipple as Chair Elect.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
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management
Rhea-AI Summary
Lockheed Martin (LMT) achieves a significant milestone in the Next Generation Interceptor program, demonstrating advanced development progress and technological maturity. The company successfully completed the first Knowledge Point ahead of schedule, paving the way for the Critical Design Review. NGI aims to enhance the nation's defense against long-range ballistic missile threats, with the first interceptor expected to be delivered by Fiscal Year 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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Lockheed Martin Corp.

NYSE:LMT

LMT Rankings

LMT Stock Data

111.97B
177.31M
0.07%
75.25%
0.9%
Guided Missile and Space Vehicle Manufacturing
Manufacturing
Link
United States of America
BETHESDA

About LMT

The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area.