Lockheed Martin - LMT STOCK NEWS

Amentum (NYSE: AMTM) has announced an agreement to sell its Rapid Solutions hardware and product business to Lockheed Martin (NYSE: LMT) for $360 million in cash. The transaction is expected to close in the second half of 2025 and generate approximately $325 million in after-tax proceeds.

Rapid Solutions, representing about 1% of Amentum's annual Revenue and Adjusted EBITDA, manufactures ISR, advanced communications, and tactical systems for national security missions. The divestiture will strengthen Amentum's position as a pure-play provider of technology-enabled solutions and support its debt reduction goals. Approximately 230 employees will transition to Lockheed Martin upon closing.

Lockheed Martin (LMT) reported strong Q1 2025 financial results with sales increasing 4% to $18.0 billion compared to Q1 2024. Net earnings rose to $1.7 billion, or $7.28 per share, up from $1.5 billion ($6.39 per share) in Q1 2024.

The company generated $1.4 billion in cash from operations and $955 million in free cash flow. LMT returned $1.5 billion to shareholders through dividends ($796 million) and share repurchases (1.7 million shares for $750 million).

Notable segment performance included: Aeronautics sales up 3% to $7.1 billion, Missiles and Fire Control up 13% to $3.4 billion, Rotary and Mission Systems up 6% to $4.3 billion, while Space segment decreased 2% to $3.2 billion. The company maintains a substantial $173 billion backlog and reaffirmed its 2025 financial outlook.

Lockheed Martin (NYSE: LMT) has announced the appointment of Evan Scott as its new Senior Vice President and Chief Financial Officer (CFO), effective immediately. Scott, a 26-year company veteran who previously served as treasurer and CFO of two business areas, succeeds Jesus "Jay" Malave, who is departing to pursue other opportunities.

The company will hold its first quarter 2025 earnings results webcast on Tuesday, April 22, 2025, at 11 a.m. ET. CEO James Taiclet and VP of Treasury and Investor Relations Maria Ricciardone will reaffirm the company's 2025 guidance, excluding impacts from tariffs and the Next Generation Air Dominance announcement. The results will be published before market opening, with the webcast and presentation materials available on the company's investor website.

Lockheed Martin (NYSE: LMT) and the Royal Netherlands Air Force (RNLAF) achieved a significant breakthrough in military interoperability during the Ramstein Flag exercise. For the first time outside the US, they demonstrated live classified data sharing between an F-35 in flight and Keystone, a Dutch Command and Control environment.

The exercise showcased successful detection, identification, and transmission of targeting data from Dutch F-35s through Skunk Works' Open Systems Gateway (OSG) to Keystone, which then coordinated with rocket artillery to engage ground targets. The entire process was completed within minutes, marking a major advancement in multi-domain operations.

This breakthrough enables allied air and missile defense systems to receive precise targeting information from F-35s, enhancing their threat response capabilities. The achievement demonstrates the F-35's ability to integrate with international partners' command and control systems, strengthening collective defense capabilities.

Lockheed Martin Skunk Works® and Arquimea have successfully demonstrated an advanced anomaly detection capability for Intelligence, Surveillance, and Reconnaissance (ISR) platforms. The technology reduces the number of required sensor scans while improving the detection of changes in physical features through electro-optical and infrared spectra.

In demonstrations, the team simulated a small uncrewed air system (UAS) navigating through jungle environments, utilizing neural networks with episodic memories to identify physical changes. The system can generate unique environmental views even from previously unobserved angles, comparing stored memories with new observations using machine learning to detect irregularities.

The collaboration aims to enhance security, disaster response, and environmental monitoring capabilities. In 2025, both companies will explore expanding these techniques to improve other sensors and decision-making processes for autonomous systems, focusing on crewed-uncrewed teaming optimization.

JLens, sponsor of the JLens 500 Jewish Advocacy U.S. ETF (NYSE: TOV), has urged shareholders to vote against specific proposals at upcoming General Dynamics (GD) and Lockheed Martin (LMT) annual meetings. The proposals in question request a Human Rights Impact Assessment at GD and an evaluation of political activities alignment with human rights policy at LMT.

The shareholder votes are scheduled for May 7, 2025 (GD) and May 9, 2025 (LMT). JLens argues these proposals are motivated by the BDS (Boycott, Divestment, and Sanctions) movement and aim to pressure companies to cut ties with Israel. Both companies' Boards of Directors have recommended voting AGAINST these proposals.

The TOV ETF, launched with ADL support, aims to combat what they describe as antisemitic and anti-Israel activities in corporate governance. JLens has filed Notices of Exempt Solicitation with the SEC opposing both proposals.

Lockheed Martin (NYSE: LMT) has completed delivery of the final two F-35A fighter jets to Norway, making it the first F-35 partner nation to complete its program of record with 52 aircraft. Norwegian Minister of Defence Tore O. Sandvik emphasized the F-35's role in safeguarding Norwegian sovereignty across land, sea, and air.

The F-35 fleet enhances Norway's defense capabilities and NATO cooperation, particularly in the High North region. The program represents a 50-year partnership between Lockheed Martin and Norway, focusing on maintaining technological superiority against emerging threats.

The global F-35 fleet has achieved over one million flight hours with more than 1,150 aircraft operating from 48 bases worldwide across 10 nations. The aircraft's advanced connectivity enables integrated operations across multiple domains including land, sea, air, space, and cyber.

Lockheed Martin (NYSE: LMT) has scheduled its first quarter 2025 earnings results conference call for Tuesday, April 22, 2025, at 11 a.m. ET. The webcast will feature Chairman, President and CEO James Taiclet, CFO Jay Malave, and VP of Treasury and Investor Relations Maria Ricciardone.

The Q1 2025 results will be released before market opening on April 22. The presentation slides and financial charts will be accessible on the company's investor relations website. An on-demand replay will remain available through May 6, 2025, along with a podcast version of the call.

Lockheed Martin (NYSE: LMT) and Google Public Sector have announced a strategic collaboration to integrate Google's generative AI capabilities into Lockheed Martin's AI Factory ecosystem. The partnership, announced on March 27, 2025, aims to enhance critical national security, aerospace, and scientific applications.

The integration will leverage Google Cloud's Vertex AI platform to train, deploy, and customize large language models securely at scale. Lockheed Martin will implement these AI capabilities across various domains including:

• Advanced intelligence analysis
• Real-time decision-making
• Predictive aerospace maintenance
• Engineering design optimization
• Supply chain management
• Secure software development
• Workforce training
• Scientific research acceleration

The collaboration emphasizes security and reliability, with AI Factory providing traceability, monitoring, and high-assurance deployment capabilities while supporting both open-source and proprietary AI models.