On Jan. 28, share prices of Lockheed Martin (NYSE: LMT) fell by 9.2%, marking the largest single-session drop since Oct. 26, 2021. Defense contractors like Lockheed Martin are relatively safe ...
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Lockheed Martin is down 4.9% since the beginning of the year, and at $458.49 per share, it is trading 25.4% below its 52-week high of $614.61 from October 2024.
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Driven by the Soviet Union's advancements in radar and missile systems, the US military moved beyond just reducing radar visibility to designing fully radar-evading aircraft like Lockheed Martin's ...
Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior.
The U.S. Navy has awarded Lockheed Martin a potential eight-year, $1 billion contract to support the development, integration, production and testing of AN/SQQ-89A(V)15 anti-submarine warfare ...
Lockheed Martin offers reliable, growing dividends with a 22-year streak and a current yield of 2.83%, making it ideal for dividend growth investors. The company has a robust capital allocation ...
Shares were last down 7.6% on the day. The F-35 is the most expensive U.S. defense program and easily Lockheed's biggest revenue generator, contributing about 30%. Lockheed has been navigating ...