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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 Corporation (LMT) has announced a first quarter 2024 dividend of $3.15 per share, payable on March 29, 2024, to holders of record as of March 1, 2024.
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-1.82%
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Rhea-AI Summary
Lockheed Martin Corporation reported net sales of $18.9 billion in the fourth quarter and $67.6 billion in 2023. The company's net earnings were $1.9 billion, or $7.58 per share in the fourth quarter, and $6.9 billion, or $27.55 per share in 2023. Cash from operations was $2.4 billion in the fourth quarter and free cash flow of $1.7 billion, and $7.9 billion in the full year of 2023. Lockheed Martin also returned $9.1 billion to shareholders through dividends and share repurchases in 2023. The company's backlog reached a record $160.6 billion. The 2024 financial outlook was provided by the company's Chairman, President, and CEO Jim Taiclet, who expressed optimism about the company's opportunities to support global security and its mid-single digit growth target in free cash flow per share.
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-4.16%
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Rhea-AI Summary
Lockheed Martin (LMT) delivered the first of eight C-130J-30 Super Hercules tactical airlifters to the Georgia Air National Guard, marking a new era in Hercules operations for the 165th Airlift Wing. The C-130J-30 offers unprecedented power, space, integration, and versatility, and is the most advanced Hercules ever produced. The delivery represents Lockheed Martin's long-term commitment to the state of Georgia. The C-130J Super Hercules is the proven standard in tactical airlift, with over 530 deliveries to 26 operators in 22 nations.
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Lockheed Martin (LMT) will webcast its Q4 and full year 2023 earnings results conference call on Jan. 23, 2024. The company's top executives will discuss the results, provide updates, and answer questions. The live webcast and presentation slides will be available on the company's investor website. An on-demand replay and podcast will also be accessible.
Rhea-AI Impact
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-1.15%
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Rhea-AI Summary
Lockheed Martin Skunk Works (LMT) has rolled out the X-59, an experimental aircraft designed to reduce the loudness of sonic booms to a gentle thump, marking a significant milestone in the journey to solve the challenges of supersonic flight. The project, a collaboration between Lockheed Martin and NASA, aims to provide statistically valid data to regulators for new rules that could allow quiet commercial supersonic flight over land, cutting commercial flight times in half.
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Lockheed Martin Skunk Works (LMT) and Verizon (VZ) demonstrated 5G streaming for real-time visualization content on edge computing devices to advance Department of Defense (DOD) sustainment missions. The strategic collaboration validated three key technology areas: 5G at the edge, streaming of real-time, complex, 3D visualization content, and streaming to edge compute devices. These technologies enable Lockheed Martin's 'Maintainer as a Node' concept, providing crucial 21st Century Security technologies that drive speed, efficiency, quality, and reliability where needed most.
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1.15%
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Rhea-AI Summary
Lockheed Martin (LMT) presented Belgium's first F-35A Lightning II to the Belgian government, marking a significant milestone in the Belgian Air Force's history. The F-35 will provide the next generation of air power to ensure the Belgian Air Force can fulfill its NATO missions and protect the alliance's key interests. The introduction of the F-35 strengthens the alliance between the United States and Belgium, a key NATO ally. The first aircraft, designated AY-01, will be delivered to the Belgian Air Force next year and will be based at Luke Air Force Base, Arizona. The F-35 also creates high-quality, long-term employment opportunities for Belgium. Lockheed Martin has delivered more than 980 F-35s, trained more than 2,250 pilots and 15,125 maintainers, and the F-35 fleet has surpassed 768,000 cumulative flight hours.
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X-Bow Systems Inc (X-Bow) secures interim funding led by Lockheed Martin Ventures to expand solid rocket motor production capacity. The investment fulfills matching requirements for the $60M STRATFI Program with AFWERX and the U.S. Airforce. The funds will be used for solid rocket motor technology and the phase I build out of a 'gigafactory' style solid rocket motor campus, completed in months at a fraction of the typical cost.
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-0.2%
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Lockheed Martin (NYSE: LMT) opens a $16.5M engineering facility at its Huntsville campus, enhancing missile defense innovation in North Alabama. The new Missile System Integration Lab (MSIL) will support the development, testing, and system integration of the Next Generation Interceptor (NGI) for the U.S. Missile Defense Agency. The facility also includes a digital engineering center to maintain a digital thread throughout the integration process, showcasing Lockheed Martin's commitment to investing in advanced technology and facilities critical to reducing risk for the NGI program.
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-0.18%
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Rhea-AI Summary
The Republic of the Philippines Department of National Defense has announced the acquisition of three new C-130J-30 Super Hercules tactical airlifters from Lockheed Martin.
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0.7%
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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.