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 reports developments across its defense technology programs, including military aircraft, missile defense, space systems, and command-and-control platforms. Recurring updates cover F-35 and F-16 aircraft activity, Skunk Works® technologies such as the MDCX™ platform, layered missile defense programs using THAAD, PAC-3 and related interceptor experience, and GPS satellite production and launches.
Company news also includes U.S. and allied customer selections, contract awards, quarterly operating results, capital and production initiatives, and leadership changes within major businesses such as Aeronautics and Space.
Lockheed Martin (NYSE: LMT) will host a live webcast for its second quarter earnings results on July 21, 2020, at 11 a.m. EDT. The call will feature insights from CEO James Taiclet, CFO Ken Possenriede, and VP of Investor Relations Greg Gardner, who will discuss financial results and key updates. Earnings results will be published before market opening on the same date. Investors can access the webcast and related financial charts on the Lockheed Martin Investor Relations website, with a replay available until August 4, 2020.
The third Lockheed Martin-built GPS III satellite, GPS III SV03, successfully launched on June 30, 2020, and is now ascending to its operational orbit using its onboard propulsion system. Following separation from the SpaceX Falcon 9 rocket at Cape Canaveral, it will undergo on-orbit testing and is expected to enhance the GPS constellation offering improved accuracy and anti-jamming capabilities. This satellite contributes to the modernization of the GPS system, benefiting over four billion users globally and supporting significant economic advantages, valued at $300 billion annually.
Lockheed Martin Corporation (NYSE: LMT) has declared a $2.40 per share dividend for the third quarter of 2020. This dividend is set to be paid on Sept. 25, 2020, to shareholders recorded as of the close of business on Sept. 1, 2020. Lockheed Martin is a leading global security and aerospace company based in Bethesda, Maryland, employing approximately 110,000 people worldwide and engaged in advanced technology systems and services.