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 live webcast for its second quarter 2021 earnings results on July 26, 2021, at 11 a.m. EDT. Key executives, including James Taiclet and Ken Possenriede, will discuss the financial results and address investor questions. The results will be published prior to the market's opening on the same day. An on-demand replay will be available until August 9, 2021. Investors can access the live webcast and financial materials through the Lockheed Martin Investor Relations website.
Lockheed Martin (NYSE: LMT) is hosting a virtual investor event on August 5, 2021, from 10:00 a.m. to 12:30 p.m. EDT. Key executives, including CEO James Taiclet and CFO Ken Possenriede, will discuss growth drivers and their strategic initiatives for 21st Century Warfare. The webcast will be available live on the company’s Investor Relations website, with an on-demand replay until September 23, 2021. Lockheed Martin employs about 114,000 people globally and focuses on advanced technology systems and services.
Lockheed Martin opened its Spacecraft Test, Assembly and Resource (STAR) Center in Titusville, Florida, to enhance the production of NASA's Orion spacecraft. This $20 million facility spans 55,000 square feet and leverages advanced manufacturing and digital transformation technologies. The STAR Center will allow for faster assembly of Orion spacecraft, especially for the Artemis III mission, and is equipped with an Intelligent Factory Framework for real-time data access. NASA has committed to ordering Orion vehicles for six missions through 2030, with potential expansions.
Lockheed Martin's F-35 Lightning II has been selected by Switzerland in its New Fighter Aircraft competition. This decision marks Switzerland as the 15th nation to join the F-35 program, enhancing global airpower. The Swiss Air Force will receive tailored F-35A aircraft and a comprehensive training program. This collaboration promises long-term economic and technical benefits, with opportunities for Swiss industry in research, development, and production. Currently, over 655 F-35s are in service globally, supported by extensive training programs.
Lockheed Martin's board of directors has announced a $2.60 per share dividend for the third quarter of 2021. This dividend is set to be paid on September 24, 2021, to shareholders on record as of September 1, 2021. As a leading global security and aerospace company, Lockheed Martin continues to demonstrate its commitment to returning value to shareholders while maintaining a skilled workforce of approximately 114,000 employees.
The fifth GPS III satellite, developed by Lockheed Martin (LMT), successfully launched on June 17, 2021, from Cape Canaveral, Florida, and is on its way to an operational orbit. This satellite enhances the U.S. military's GPS capabilities, offering three times better accuracy and improved anti-jamming. It will serve as the 24th M-Code signal-enabled vehicle, crucial for secure military positioning. The GPS system is vital for the U.S. economy, generating approximately $300 billion annually. Future satellites GPS III SV06, SV07, and SV08 are ready for launch.
Lockheed Martin has been selected by NASA to design, build, and operate two missions, VERITAS and DAVINCI+, aimed at exploring Venus. Launching between 2028 and 2030, these missions will investigate Venus' atmosphere, geology, and evolution, offering insights into potential past life on the planet. This marks NASA's return to Venus after over three decades. Lockheed Martin, which has a history of successful missions, will leverage its expertise to support scientific understanding of rocky planets, including Earth.
Lockheed Martin has been selected by NASA to design and operate two missions, VERITAS and DAVINCI+, aimed at studying Venus. Set to launch in 2026 and 2030, respectively, these spacecraft will explore the planet's atmosphere and geology.
As Earth's sister planet, Venus could offer insights into planetary evolution and climate change. Both missions represent NASA's first return to Venus in over three decades, and they aim to unravel the mysteries of how Venus became inhospitable.
Lockheed Martin (NYSE: LMT) will host a live webcast featuring CFO Ken Possenriede at the UBS Global Industrials and Transportation Conference on June 8, 2021, from 8:00 a.m. to 8:45 a.m. EDT. Investors can access the webcast through the Lockheed Martin investor relations website. An audio replay will be available for two weeks post-event. Headquartered in Bethesda, Maryland, Lockheed Martin employs approximately 114,000 personnel and specializes in advanced technology systems and services.
Lockheed Martin Corporation has elected Patricia E. Yarrington to its board of directors. Yarrington recently retired as the CFO of Chevron, bringing 38 years of experience in financial strategy and capital allocation. She is recognized as an 'independent director' and meets SEC criteria as an 'audit committee financial expert.' Yarrington will join both the Audit Committee and Management Development and Compensation Committee. CEO James Taiclet emphasizes her expertise will enhance Lockheed Martin's innovative technology and shareholder value.