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Lockheed Martin Corp (LMT.N)

LMT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Lockheed Martin ‍receives $12 mln contract from U.S. Army
Tuesday, 17 Oct 2017 09:00am EDT 

Oct 17 (Reuters) - Lockheed Martin Corp :Lockheed Martin to develop next-gen sensor fusion testbed to enhance helicopter survivability.Lockheed Martin Corp - ‍received a $12 million contract from U.S. Army to develop a Multi-Modal Sensor Fusion (MMSF) testbed for rotary-wing aircraft​.  Full Article

Lockheed Martin enters into extension agreement to its $2.5 bln credit agreement ​
Tuesday, 10 Oct 2017 08:15am EDT 

Oct 10 (Reuters) - Lockheed Martin Corp :Lockheed Martin says ‍effective Oct 9 entered into extension agreement to its $2.5 billion 5-year credit agreement dated as of October 9, 2015 - SEC filing​.Lockheed Martin Corp - ‍amendment extends expiration date of credit agreement by one year from October 9, 2021 to October 9, 2022​.  Full Article

Lockheed Martin increases share repurchase authority by $2 bln
Thursday, 28 Sep 2017 02:59pm EDT 

Sept 28 (Reuters) - Lockheed Martin Corp ::Lockheed martin increases share repurchase authority by $2.0 billion.Lockheed martin - ‍with the increase, total remaining authorization for future repurchases under share repurchase program is approximately $4.0 billion​.  Full Article

Lockheed Martin declares Q4 2017 dividend of $2.00 per share
Thursday, 28 Sep 2017 02:41pm EDT 

Sept 28 (Reuters) - Lockheed Martin Corp ::‍Board of Directors has authorized a Q4 2017 dividend of $2.00 per share, representing a 10 percent increase​.  Full Article

Lockheed Martin Ventures invests in Ocean Aero
Friday, 15 Sep 2017 10:43am EDT 

Sept 15 (Reuters) - Lockheed Martin Corp ::Lockheed Martin Ventures invests in Ocean Aero, strengthening focus on unmanned maritime systems.‍lockheed Martin Ventures is making a strategic investment in Ocean Aero, developer of Submaran unmanned maritime vehicle​.  Full Article

Lockheed Martin and Elbit Systems to partner on the Maritime Electronic Warfare Programme
Wednesday, 13 Sep 2017 11:43am EDT 

Sept 13 (Reuters) - Lockheed Martin Corp :Lockheed Martin and Elbit Systems to partner on the Maritime Electronic Warfare Programme for The Royal Navy.Says ‍Lockheed Martin UK and Elbit Systems UK signed teaming agreement to partner on Maritime Electronic Warfare Programme for Royal Navy​.  Full Article

BRIEF-Lockheed Martin Says Sixty-Six F-35 Deliveries In 2017 Represents More Than A 40 Pct Increase From 2016

* LOCKHEED MARTIN AERONAUTICS COMPANY SAYS SIXTY-SIX F-35 DELIVERIES IN 2017 REPRESENTS MORE THAN A 40 PERCENT INCREASE FROM 2016