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.
Lockheed Martin Corporation (NYSE: LMT) generates frequent news coverage as a global defense technology company active in guided missile and space vehicle manufacturing, fighter aircraft production, missile defense, space systems, autonomy and artificial intelligence. The Lockheed Martin news feed on Stock Titan aggregates company announcements, program milestones and regulatory disclosures so readers can follow developments that shape the company’s operations and its role in U.S. and allied defense.
Recent news highlights include record annual deliveries of F-35 Lightning II fighter aircraft, ongoing expansion of the global F-35 fleet, and production of F-16 Block 70 aircraft for allied air forces under the U.S. Foreign Military Sales program. Articles also cover contracts and agreements for PAC-3 Missile Segment Enhancement interceptors, the Next Generation Interceptor production facility in Alabama, and space vehicle awards from the U.S. Space Development Agency for missile warning and tracking constellations.
Coverage extends to advanced research and autonomy demonstrations from Lockheed Martin Skunk Works, such as AI-driven mission contingency management for unmanned aerial vehicles and integration of multi-class drone command and control platforms. News about Astris AI, the company’s AI-focused subsidiary, details the Astris AI for Government initiative and its collaborations aimed at delivering secure AI platforms for federal and commercial customers.
Investors and observers can also find information on scheduled earnings webcasts, financial updates referenced in 8-K filings, and broader industrial investments in facilities and supply chains. By reviewing this news stream, users can track how Lockheed Martin’s programs, contracts, technology initiatives and financial communications evolve over time and influence the LMT stock narrative.
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.
Lockheed Martin (NYSE:LMT) announced the opening of a new facility in Johnstown, Pennsylvania, set to hire over 80 mechanics and technicians to support F-16 component production. This expansion reflects the company's commitment to job growth, alongside the celebration of 25 years of operations in Pinellas Park, Florida, where 50 new jobs are anticipated. The Johnstown site will produce critical components for F-16s, facilitating their assembly in Greenville, South Carolina. The Pinellas Park facility has achieved significant efficiency improvements, cutting production times by 50%.
The Lockheed Martin Corporation (NYSE: LMT) has declared a second quarter 2022 dividend of $2.80 per share, payable on June 24, 2022. This dividend will be distributed to shareholders on record as of the close of business on June 1, 2022. Lockheed Martin, headquartered in Bethesda, Maryland, is a major player in the global security and aerospace sector, employing approximately 114,000 people. The company focuses on advanced technology systems, products, and services.
Lockheed Martin Corporation (LMT) reported Q1 2022 net sales of $15.0 billion, down from $16.3 billion in Q1 2021. Net earnings were $1.7 billion or $6.44 per share, compared to $1.8 billion or $6.56 per share in the prior year. Cash from operations decreased to $1.4 billion, and free cash flow fell to $1.1 billion. The company returned $2.8 billion to shareholders via buybacks and dividends while reaffirming its financial outlook for the year.
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Lockheed Martin (NYSE: LMT) will host a live webcast for its first quarter 2022 earnings results on April 19, 2022, at 11 a.m. EDT. The session will feature James Taiclet, CEO, and other executives discussing the financial results and key updates. Investors can access results before market opening on the same day. The webcast will also be available for on-demand replay until May 3, 2022. For more information, visit the Lockheed Martin Investor Relations website.
The recent collaboration between DARPA, AFRL, Lockheed Martin (LMT), and Aerojet Rocketdyne (AJRD) successfully flight-tested the Hypersonic Air-breathing Weapon Concept (HAWC), achieving speeds over Mach 5 and altitudes exceeding 65,000 feet. This historic milestone showcases the potential of air-breathing hypersonic systems as effective responses to emerging security threats. Lockheed Martin's commitment to leveraging advanced technology and partnerships highlights its role in advancing hypersonic capabilities for U.S. defense.
Lockheed Martin (NYSE: LMT) and Intel (Nasdaq: INTC) signed a memorandum of understanding to enhance 5G communication solutions for the Department of Defense. This collaboration aims to deliver secure 5G.MIL® solutions, allowing faster, data-driven decisions for military operations. The partnership builds on a decade of collaboration, integrating Intel's technologies into Lockheed's 5G Hybrid Base Station, which facilitates seamless communication across multiple platforms. Their joint efforts also include developments in secure computing and network infrastructure crucial for modern defense capabilities.
Stratasys Ltd. (NASDAQ: SSYS) has released baseline material qualification data for Antero 840CN03, developed in collaboration with Lockheed Martin (NYSE: LMT) and Metropolitan State University of Denver. This data supports the use of Antero 840CN03 in aerospace applications, including components for the Orion spacecraft, utilizing Stratasys 3D printers. The material is designed for high thermal and chemical resistance, meeting NASA's outgassing and ESD performance requirements. Over 280 test coupons were printed and tested for tensile strength, confirming the material's high performance.
Lockheed Martin (NYSE: LMT) is set to host hiring events on March 28 in Valencia, California, and March 29 in Lancaster, California. These events will focus on interviews and same-day hiring for various critical positions including engineering and manufacturing. Candidates may receive up to $50,000 in sign-on bonuses. The hiring initiative supports long-term contracts worth over $400 million in capital investments, reflecting the company’s growth strategy in California’s aerospace sector.
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