Edition:
United States

Lockheed Martin Corp (LMT.N)

LMT.N on New York Stock Exchange

314.87USD
22 Nov 2017
Change (% chg)

$-2.07 (-0.65%)
Prev Close
$316.94
Open
$316.31
Day's High
$316.64
Day's Low
$314.50
Volume
162,095
Avg. Vol
258,900
52-wk High
$321.74
52-wk Low
$245.55

Latest Key Developments (Source: Significant Developments)

U.S. Postal Service selects Lockheed Martin to provide enhanced package processing system
Tuesday, 7 Nov 2017 08:37am EST 

Nov 7 (Reuters) - Lockheed Martin Corp :U.S. Postal Service selects Lockheed Martin to provide enhanced package processing system.Lockheed Martin Corp - ‍Has been selected by U.S. Postal Service to provide package processing systems​.Lockheed Martin Corp - ‍Indefinite delivery indefinite quantity contract has a maximum potential value of $215 million​.Lockheed Martin Corp - ‍System is scheduled to be fully tested, accepted and on-line in October 2018 to support peak mailing season​.  Full Article

Lockheed Martin receives $26.3 million contract to develop compact airborne high energy laser capabilities
Monday, 6 Nov 2017 11:05am EST 

Nov 6 (Reuters) - Lockheed Martin Corp ::Lockheed Martin receives contract to develop compact airborne high energy laser capabilities.Air Force Research Lab awarded Lockheed Martin $26.3 million for design, development and production of high power fiber laser​.  Full Article

CPI Aero says awarded $15.8 mln multi-year contract by Lockheed Martin
Monday, 6 Nov 2017 08:00am EST 

Nov 6 (Reuters) - CPI Aerostructures Inc ::CPI Aero awarded $15.8 million multi-year contract by Lockheed Martin for F-35 canopy drive shaft assemblies.CPI Aerostructures Inc - ‍deliveries are expected to begin during Q3 of 2018 and continue through December 31, 2022​.  Full Article

Lockheed Martin gets $158.5 mln upgrade contract
Wednesday, 1 Nov 2017 09:03am EDT 

Nov 1 (Reuters) - Lockheed Martin Corp :Lockheed Martin awarded $158.5 million upgrade contract for Germany P-3C Orion Aircraft.  Full Article

‍BAE Systems begins production of long range anti-ship missile sensor​
Wednesday, 1 Nov 2017 09:00am EDT 

Nov 1 (Reuters) - Lockheed Martin Corp :‍BAE Systems says begins production of long range anti-ship missile sensor​.‍BAE Systems says Lockheed Martin has contracted bae systems to produce seeker technology for long range anti-ship missile​.‍BAE Systems says begun production of sensor technology for long range anti-ship missile following $40 million order from Lockheed Martin​.  Full Article

U.S. Air Force awards Lockheed Martin $131 million contract for laser guided bombs
Wednesday, 25 Oct 2017 09:00am EDT 

Oct 25 (Reuters) - Lockheed Martin Corp :U.S. Air Force awards Lockheed Martin $131 million contract for Paveway II Plus laser guided bombs.Lockheed Martin Corp- ‍production of guidance kits and air foil groups for GBU-10 (2,000 pound) and GBU-12 (500 pound) LGBs will begin in Q1 of 2018​.  Full Article

Orbital ATK awarded $24 million contract from Lockheed Martin for F-35 composite structures
Tuesday, 24 Oct 2017 08:30am EDT 

Oct 24 (Reuters) - Orbital ATK Inc :Orbital ATK awarded $24 million contract from Lockheed Martin for F-35 composite structures.Orbital ATK Inc- ‍under terms of three-year contract, Co to produce bullnose and blade seals at facility in Clearfield, Utah​.  Full Article

Lockheed Martin sees 2017 diluted EPS $12.85–$13.15‍​
Tuesday, 24 Oct 2017 07:30am EDT 

Oct 24 (Reuters) - Lockheed Martin Corp :Lockheed martin reports third quarter 2017 results.Q3 earnings per share $3.24 from continuing operations.Q3 sales $12.2 billion versus i/b/e/s view $12.81 billion.Q3 earnings per share view $3.26 -- Thomson Reuters I/B/E/S.Sees fy 2018 sales up about 2 percent.Lockheed martin corp - ‍increased quarterly dividend rate 10 percent to $2.00 per share​.Lockheed martin corp - sees 2017 diluted earnings per share $12.85 – $13.15‍​.Lockheed martin corp - sees fy 2017 net sales $50 billion – $51.2 bln‍​.Lockheed martin corp says quarter-end total backlog was $103,600‍​ million versus $96,200 million as at dec. 31, 2016.Lockheed martin corp - corporation expects 2018 net sales to increase by about 2.0 percent as compared to 2017 outlook adjusted for adoption of asc 606‍​.Lockheed martin corp - total business segment operating margin in 2018 is expected to be in the 10.3 percent to 10.5 percent range.Lockheed-Preliminary 2018 outlook assumes u.s. government continues to support,fund corp's key programs beyond continuing resolution for government fy 2018‍​.Lockheed martin corp - cash from operations is expected to be greater than or equal to $5.0 billion in 2018.Lockheed martin corp - corporation expects to make contributions of $1.6 billion to its qualified defined benefit pension plans in 2018‍​.  Full Article

Lockheed Martin missile defense sensor technology receives prototyping contract
Thursday, 19 Oct 2017 01:00pm EDT 

Oct 19 (Reuters) - Lockheed Martin Corp ::Lockheed Martin next generation missile defense sensor technology receives prototyping contract.  Full Article

Lockheed Martin to upgrade IRST21 sensor system for U.S. Navy aircraft
Thursday, 19 Oct 2017 09:00am EDT 

Oct 19 (Reuters) - Lockheed Martin Corp :Lockheed martin to upgrade irst21 sensor system for u.s. Navy fighter aircraft.Lockheed martin corp - ‍recently received two contracts to upgrade its irst21 sensor system for use on u.s. Navy's f/a-18e/f fleet​.Lockheed martin corp - ‍awarded by aircraft prime contractor boeing, block ii contracts provide up to $100 million.  Full Article

Photo

Raytheon gets OK for $10.5 billion Patriot sale to Poland: Pentagon

The U.S. State Department approved a possible $10.5 billion sale of Raytheon Co's Patriot missile defense system to Poland, the Pentagon said on Friday.