Lockheed Martin Stock Price, News & Analysis

MDA Ltd. has secured a contract from Lockheed Martin as part of the Space Development Agency's Tranche 1 Transport Layer program. MDA will design and produce antennas and control electronics for 42 low Earth orbit satellites. This contract enhances MDA's collaboration with Lockheed Martin and adds to its backlog in Q2 2022, with completion expected in 24 months. The T1TL constellation aims to provide a robust data transport communication system for national defense.

Lockheed Martin (NYSE: LMT) has appointed Evan T. Scott as vice president and treasurer, and H. Edward "Ed" Paul, III as vice president and controller, effective immediately. Scott succeeds John Mollard, who will retire after over 39 years with the company, while Paul replaces Brian Colan, who is retiring after more than 10 years. Scott will oversee global banking and risk management, whereas Paul will lead accounting and financial transformation functions. These appointments are part of a strategic transition aimed at bolstering financial operations and supporting the company's growth strategy.

Lockheed Martin (NYSE: LMT) will host a live webcast featuring CFO Jay Malave at the UBS Global Industrials and Transportation Conference on June 8, 2022, from 11:20 a.m. to noon EDT. Investors and analysts can access the webcast through Lockheed Martin's investor relations site. An audio replay will be available for two weeks following the presentation. Headquartered in Bethesda, Maryland, Lockheed Martin is a leading security and aerospace company employing approximately 114,000 people globally, involved in advanced technology systems and services.

Lockheed Martin (NYSE: LMT) will host a live webcast featuring Chairman, President, and CEO Jim Taiclet, along with CFO Jay Malave, at the Bernstein 38th Annual Strategic Decisions Conference on June 2, 2022, from 9:00 a.m. to 9:50 a.m. EDT. The webcast can be accessed at www.lockheedmartin.com/investor, with an audio replay available for two weeks post-event. Lockheed Martin is a global leader in security and aerospace, employing approximately 114,000 people worldwide.

Lockheed Martin has announced that Airbus will manufacture the aerial refueling boom system for the LMXT strategic tanker aircraft in western Arkansas. The LMXT, introduced in September 2021, is part of the U.S. Air Force's KC-Y program. This partnership aims to enhance U.S. defense capabilities, bringing skilled manufacturing jobs to Arkansas, which significantly contributes to the state's economy. The manufacturing facility will be the first for Airbus in Arkansas, expanding its U.S. footprint and supporting national defense.

Lockheed Martin (NYSE: LMT) will host a live webcast featuring CFO Jay Malave at the BofA Securities 29th Annual Transportation, Airlines and Industrials Conference on May 19, 2022, from 10:00 a.m. to 10:35 a.m. EDT.

The webcast can be accessed at www.lockheedmartin.com/investor, with an audio replay available for two weeks post-event. Lockheed Martin is a leading global security and aerospace company, employing around 114,000 people and focused on advanced technology systems.

Lockheed Martin (NYSE: LMT) announced a webcast of a presentation by CFO Jay Malave at the Goldman Sachs Industrials and Materials Conference on May 12, 2022, from 9:40 a.m. to 10:15 a.m. EDT. Investors can access the live presentation via Lockheed Martin's investor relations website, with an audio replay available for two weeks post-event. The company, based in Bethesda, Maryland, employs around 114,000 globally and specializes in advanced technology systems and services.

The U.S. Marine Corps has declared Initial Operational Capability (IOC) for the CH-53K heavy lift helicopter, designed by Sikorsky, a Lockheed Martin Company (NYSE: LMT). This announcement confirms the helicopter's readiness for global deployment of Marines and equipment. Over 3,000 flight hours have been logged, showcasing its capabilities, including day and night refueling and successful sea trials. With a full rate production decision anticipated in 2023, the Marine Corps aims to acquire 200 CH-53K helicopters. The program leverages advanced digital technologies for improved performance and maintenance.

Lockheed Martin (NYSE: LMT) will host a hiring event on May 4, 2022, at the Kennesaw State University, Marietta Campus from 9 a.m. to 6 p.m.. The company seeks to fill nearly 200 positions for critical hourly roles related to the C-130J Super Hercules and F-35 production. Candidates must register online to be considered. Successful applicants could receive a sign-on bonus of $15,000. Lockheed Martin has a strong production legacy in Marietta, established since 1951, with over 2,600 C-130 Hercules delivered.