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Lockheed Martin Corp (LMT.N)

LMT.N on New York Stock Exchange

317.01USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Lockheed Martin to build full-scale prototype of NASA Cislunar Habitat
Thursday, 20 Jul 2017 12:00pm EDT 

July 20 (Reuters) - Lockheed Martin Corp ::Lockheed Martin to build full-scale prototype of NASA Cislunar Habitat.Will build deep space avionics integration laboratory in Houston to demonstrate command, control between deep space gateway, Orion.Under partnership, NASA awarded co Phase II contract for next space technologies for exploration partnerships habitat study contract.  Full Article

Lockheed Martin selected to improve energy and water efficiency at federal facilities​
Monday, 5 Jun 2017 02:04pm EDT 

June 5 (Reuters) - Lockheed Martin Corp ::Has been selected for a department of energy contract to improve energy and water efficiency at federal facilities​.Individual projects are part of IDIQ contract shared across all contractors with a base period of 5 yrs with one 18-month extension option​.  Full Article

Lockheed Martin Canada has been awarded contract to replace combat management system
Tuesday, 23 May 2017 09:13am EDT 

May 23 (Reuters) - Lockheed Martin Corp : :Lockheed Martin Canada- it has been awarded contract to replace combat management system and select subsystems for Chilean navy's three type 23 frigates.  Full Article

Lockheed Martin sets quarterly dividend of $1.82 per share
Wednesday, 26 Apr 2017 09:30pm EDT 

April 26 (Reuters) - Lockheed Martin Corp :Sets quarterly dividend of $1.82 per share.  Full Article

Lockheed Martin CEO Marillyn Hewson's FY 2016 compensation $20.6 mln vs $28.6 mln in 2015
Friday, 17 Mar 2017 04:23pm EDT 

Lockheed Martin Corp : Ceo marillyn hewson's fy 2016 total compensation $20.6 million versus $28.6 million in fy 2015 - sec filing .Chief financial officer bruce tanner's 2016 total compensation was $8.8 million versus $9.5 million in 2015.  Full Article

Lockheed Martin to support DoD's efforts against cyber criminals under new contract
Thursday, 16 Mar 2017 08:04am EDT 

Lockheed Martin Corp : Lockheed Martin Corp - will support Department Of Defense's efforts against cyber criminals under a new contract .Lockheed Martin Corp - DoD renews $347 million contract to continue supporting defense cyber crime center.  Full Article

State Street reports 16.6 percent passive stake in Lockheed Martin, as of Dec. 31, 2016
Tuesday, 14 Feb 2017 12:45pm EST 

Lockheed Martin Corp :State Street Corporation reports 16.6 percent passive stake in Lockheed Martin Corp, as of Dec. 31, 2016 - SEC filing.  Full Article

Lockheed Martin Corp says co, Geoscience Australia entered into collaborative research project
Monday, 13 Feb 2017 10:07am EST 

Lockheed Martin Corp : Co, geoscience australia entered into a collaborative research project . Collaborative research project is for second-generation satellite-based augmentation system .Once sbas testbed is operational, basic Global Navigation Satellite System signals will be monitored by Geoscience Australia.  Full Article

Lockheed Martin sets Q1 2017 dividend of $1.82 per share
Thursday, 26 Jan 2017 01:05pm EST 

Lockheed Martin Corp : Lockheed Martin declares first quarter 2017 dividend .Sets quarterly dividend of $1.82 per share.  Full Article

Lockheed Martin posts Q3 EPS of $3.61 from continuing operations
Tuesday, 25 Oct 2016 07:10am EDT 

Lockheed Martin Corp : Lockheed Martin reports third quarter 2016 results . Q3 earnings per share $3.61 from continuing operations . Q3 sales $11.6 billion versus I/B/E/S view $11.45 billion . Q3 earnings per share view $2.87 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales up about 7 percent . Increased share repurchase authorization by $2.0 billion . Updates 2016 outlook . Increased quarterly dividend rate 10 percent to $1.82 per share . 2016 financial outlook for cash from operations is likely to be impacted by a delay in collections on F-35 program . Says 2017 total business segment operating margin is expected to be in 10.0 percent to 10.5 percent range. . Any delay in 2016 customer payments on f-35 program will increase corporation's cash from operations in 2017 . "Corporation may determine to fund customer programs itself pending government appropriations" . Sees 2017 fas/cas pension benefit to be about $800 million assuming 3.625 percent discount rate, a 75 basis point decrease from end of 2015 . Depending on timing of F-35 collections, 2017 cash from operations will be greater than or equal to $5.0 billion or greater than or equal to $5.7 billion. . Does not expect to make contributions to its legacy qualified defined benefit pension plans in 2017 . Sees 2016 net sales about $46,500 million . Sees 2016 diluted earnings per share from continuing operations about $12.10.  Full Article

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Lockheed Martin may top Boeing in race to supply Canada jets: experts

OTTAWA Canada's decision to make it harder for Boeing Co to win a major jet order hands rival plane maker Lockheed Martin Corp an advantage in capturing the contract, defense experts said on Wednesday.