The Latest Breaking News from LMT

Lockheed Martin Corp (NYSE:LMT) reported a first-quarter FY22 net sales decline of 8% year-over-year to $14.96 billion, missing the consensus of $15.55 billion. EPS declined to $6.44 from $6.56 in 1Q21, beating the consensus of $6.21. The operating profit decreased by 11.4% Y/Y to $1.93 billion, and the margin contracted by 50 bps…

  Lockheed Martin (NYSE:LMT) reported its Q1 earnings results on Tuesday, April 19, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

SpiderOak Mission Systems and Lockheed Martin Corp (NYSE:LMT) Space's Mission Solutions business collaborate for developing and testing a zero-trust cybersecurity platform to secure data across the space data supply chain. The two companies signed an agreement to field key components of the SpiderOak OrbitSecure platform. OrbitSecure is SpiderOak's lightweight software-only solution for ground and…

Someone with a lot of money to spend has taken a bearish stance on Lockheed Martin (NYSE:LMT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Due to concerns over the possibility of aggressive interest rate increases and the consequences of a prolonged Ukraine-Russia war, current market volatility has caused many quality stocks to trade at attractive valuations. For example, fundamentally sound stocks Lockheed Martin (LMT), HCA Healthcare (HCA), FedEx (FDX), Enterprise Products (EPD), and Walgreens…

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 10 years by 4.76% on an annualized basis producing an average annual return of 17.19%. Currently, Lockheed Martin has a market capitalization of $118.60 billion.

Canada will announce that Lockheed Martin Corp (NYSE:LMT) is the preferred bidder to supply 88 new fighter jets, a clear sign the U.S. company is set to win the multibillion-dollar contract, reported Reuters. The move suggests that Canada is under pressure to boost defense spending as the war in Ukraine rages. The report…

Triumph Group Inc's (NYSE:TGI) operating company Actuation Products & Services secured a multi-year contract from Sikorsky, a Lockheed Martin Corp (NYSE:LMT) company, to produce equipment for the CH-53K helicopter. Financial terms were not disclosed. The strategic follow-on contract will contribute significant work for Triumph's Seattle location. Triumph will provide all equipment for the Main Rotor…

A whale with a lot of money to spend has taken a noticeably bullish stance on Lockheed Martin. Looking at options history for Lockheed Martin (NYSE:LMT) we detected 11 strange trades.