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Lockheed Martin Corp. - LMT STOCK NEWS

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

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
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
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none
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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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
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none
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.
Rhea-AI Impact
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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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Rhea-AI Summary
The Special Competitive Studies Project (SCSP) announced three sponsors for the AI Expo for National Competitiveness in Washington, D.C. Lockheed Martin (NYSE: LMT) is a key sponsor, alongside Datenna and Groq®, focusing on AI, defense, and national security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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AI
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Rhea-AI Summary
Lockheed Martin (LMT) will webcast a live presentation by CFO Jay Malave at the TD Cowen 45th Annual Aerospace and Defense Conference on February 14th. The webcast will be available at http://www.lockheedmartin.com/investor, with an audio replay available for two weeks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
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conferences
Rhea-AI Summary
The Czech Republic government has officially agreed to procure 24 Lockheed Martin F-35 Lightning II aircraft, joining the global F-35 program and strengthening interoperability with NATO and other European nations. The procurement includes personnel training, service and logistical support, and other support services to ensure successful deliveries of all 24 F-35s. The F-35 is the European aircraft of choice for replacing legacy fighter fleets, offering unmatched interoperability and creating jobs for the next 40-50 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
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Lockheed Martin Corp.

NYSE:LMT

LMT Rankings

LMT Stock Data

108.32B
177.31M
0.07%
75.25%
0.9%
Guided Missile and Space Vehicle Manufacturing
Manufacturing
Link
US
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.