Edition:
United States

Lockheed Martin Corp (LMT)

LMT on New York Consolidated

289.83USD
25 Jul 2017
Change (% chg)

-- (--)
Prev Close
$289.83
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
956,669
52-wk High
$292.97
52-wk Low
$228.50

Latest Key Developments (Source: Significant Developments)

U.S. Air Force awards Lockheed Martin $37 million for new JASSM-ER wing design
Wednesday, 19 Jul 2017 10:00am EDT 

July 19 (Reuters) - Lockheed Martin Corp :U.S. Air Force awards Lockheed Martin $37 million for new JASSM-ER wing design.‍Current phase of design work is progressing as anticipated and is on schedule to be incorporated into production lot 17​.  Full Article

Lockheed Martin ‍increases 2017 outlook for sales
Tuesday, 18 Jul 2017 07:30am EDT 

July 18 (Reuters) - Lockheed Martin Corp ::Lockheed Martin reports second quarter 2017 results.Q2 earnings per share $3.23 from continuing operations.Q2 sales $12.7 billion versus I/B/E/S view $12.44 billion.Q2 earnings per share view $3.11 -- Thomson Reuters I/B/E/S.Lockheed Martin Corp - ‍increases 2017 outlook for sales, operating profit and earnings per share​.Lockheed Martin Corp - current outlook for FY 2017 net sales is ‍$49,800 - $51,000​ million.Lockheed Martin Corp - ‍aeronautics' net sales in q2 of 2017 increased $850 million, or 19 percent, compared to same period in 2016​.Sees 2017 diluted earnings per share $12.30 - $12.60 versus prior EPS guidance of $12.15 - $12.45 per share.Fy2017 earnings per share view $12.53, revenue view $50.25 billion -- Thomson Reuters I/B/E/S.Lockheed - higher Q2 aeronautics' net sales due to higher net sales for F-35 program due to higher volume on aircraft production, sustainment activities​.  Full Article

Kaman signs multi-year IX H-60 cockpit contract with Sikorsky
Monday, 17 Jul 2017 04:15pm EDT 

July 17 (Reuters) - Kaman Corp :Kaman signs multi-year IX H-60 cockpit contract with Sikorsky.Kaman Corp says new agreement extends Sikorsky H-60 relationship to 2022.Kaman - entered into new multi-year contract with Sikorsky, a Lockheed Martin Co, which outlines pricing & conditions for manufacture of H-60 cockpits.Kaman - Under agreement, co to continue manufacturing UH-60m Black Hawk, HH-60M MEDEVAC model cockpits for Sikorsky at co's Jacksonville, Florida, facility.  Full Article

CPI Aero signs $21 million, five-year supply agreement with Sikorsky
Monday, 17 Jul 2017 08:00am EDT 

July 17 (Reuters) - CPI Aerostructures Inc ::CPI aero signs $21 million, five-year supply agreement with Sikorsky.CPI Aerostructures- signed long-term supply agreement with Sikorsky, a lockheed martin, to manufacture fuel panel assemblies for uh-60m black hawk helicopter.CPI Aerostructures Inc - long-term agreement is valued at up to approximately $21 million for a period of five years.  Full Article

United Rotorcraft receives contract for Black Hawk Medical Interior
Friday, 14 Jul 2017 10:58am EDT 

July 14 (Reuters) - United Rotorcraft :United Rotorcraft receives contract for Black Hawk Medical Interior.Signed contract to provide Sikorsky, 75 shipsets of United Rotorcraft Black Hawk Medical Interior System over next five years.  Full Article

Lockheed Martin receives $471 million U.S. Army contract
Wednesday, 12 Jul 2017 03:39pm EDT 

July 12 (Reuters) - Lockheed Martin Corp :Lockheed Martin receives $471 million U.S. Army contract for guided MLRS rocket production.Work will be performed at Lockheed Martin facilities in Camden, Arkansas, and Dallas.All production deliveries are anticipated to be completed by summer of 2019.  Full Article

Lockheed Martin says received $22.45 mln contract from Bahrain Defense Force
Monday, 10 Jul 2017 10:00am EDT 

July 10 (Reuters) - Lockheed Martin Corp : :Bahrain to purchase Lockheed Martin's Sniper® Advanced Targeting Pod.Uunder $22.45 million contract, Lockheed Martin will deliver ATPs, spares and support equipment for integration.Received contract from Bahrain Defense Force to provide Sniper Advanced Targeting Pods for its F-16 fleet ​.To meet Bahrain Defense Force's urgent operational need, pod deliveries will begin in early 2018​.  Full Article

Saab wins order worth about SEK 100 mln from U.S. Army
Monday, 10 Jul 2017 08:06am EDT 

July 10 (Reuters) - Saab AB :Saab says wins order worth about SEK 100 million from U.S. Army.Says Saab in cooperation with Lockheed Martin are awarded a contract for training system .Says order value for Saab's part of the contract is approximately MSEK 100 with deliveries taking place between 2017 and 2018.  Full Article

Poland selects Lockheed Martin's HIMARS launcher for Homar Program
Friday, 7 Jul 2017 10:04am EDT 

July 7 (Reuters) - Lockheed Martin Corp ::Poland selects Lockheed Martin's HIMARS launcher for Homar Program for exclusive further negotiations.  Full Article

Lockheed Martin awarded $73.8 mln contract for phase 2 of LRPF program
Thursday, 6 Jul 2017 02:43pm EDT 

July 6 (Reuters) - Lockheed Martin Corp :Lockheed Martin awarded $73.8m contract for phase 2 of the long range precision fires program.During 36-month phase 2 LRPF contract, co to design, develop, fly prototype missiles in anticipation of emd phase of program.  Full Article

UPDATE 2-Northrop tops estimates, raises profit forecast again

July 26 Northrop Grumman Corp's quarterly profit and revenue trumped expectations, helped by increased demand for its manned aircraft, and the maker of Global Hawk surveillance planes raised its full-year profit forecast for the second time.