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Lockheed Martin Corporation - $LMT STOCK NEWS

Welcome to our dedicated page for Lockheed Martin Corporation news (Ticker: $LMT), a resource for investors and traders seeking the latest updates and insights on Lockheed Martin Corporation stock.

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 Corporation'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 Corporation's position in the market.

Rhea-AI Summary
The Special Competitive Studies Project (SCSP) announced three sponsors for the AI Expo for National Competitiveness in Washington, D.C. Lockheed Martin (NYSE: LMT) is a key sponsor, alongside Datenna and Groq®, focusing on AI, defense, and national security.
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0.48%
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AI
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Lockheed Martin (LMT) will webcast a live presentation by CFO Jay Malave at the TD Cowen 45th Annual Aerospace and Defense Conference on February 14th. The webcast will be available at http://www.lockheedmartin.com/investor, with an audio replay available for two weeks.
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0.74%
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The Czech Republic government has officially agreed to procure 24 Lockheed Martin F-35 Lightning II aircraft, joining the global F-35 program and strengthening interoperability with NATO and other European nations. The procurement includes personnel training, service and logistical support, and other support services to ensure successful deliveries of all 24 F-35s. The F-35 is the European aircraft of choice for replacing legacy fighter fleets, offering unmatched interoperability and creating jobs for the next 40-50 years.
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-0.44%
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Lockheed Martin (LMT) and Red 6 announced a strategic joint venture and Mentor-Protégé Agreement under the U.S. Small Business Administration Mentor-Protégé Program. This agreement aims to support both companies' efforts to innovate at a more rapid pace, with Lockheed Martin gaining access to small business teaming partner contracts and potential Red 6 technology integration into various fighter platforms and emerging trainers. The partnership also demonstrates Lockheed Martin's commitment to providing customers with 21st Century Security capabilities and integrated air power solutions.
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-1.82%
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partnership
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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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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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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.
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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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Lockheed Martin Corporation

NYSE:LMT

LMT Rankings

LMT Stock Data

111.35B
177.31M
0.07%
75.25%
0.9%
Guided Missile and Space Vehicle Manufacturing
Manufacturing
Link
United States of America
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.