March 31 (Reuters) - Lockheed Martin (LMT.N), opens new tab on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM).
Lockheed Martin reportedly submitted its proposal for the U.S. Navy’s sixth generation F/A-XX fighter but didn’t satisfy the requirements, leaving Boeing and Northrop Grumman as the remaining ...
RBC Capital Markets downgraded Lockheed Martin to Sector Perform from Outperform and lowered its price target to $480 from $550.Conversely, RBC upgraded Northrop Grumman to Outperform from Sector ...
NASA’s Lunar Trailblazer, launched on 26 February, has lost communication and is running low on power. The spacecraft, meant to detect water ice on the moon, has been unable to perform key ...
Lockheed Martin shares were downgraded at several investment banks following the company's unsuccessful bid to build the Air Force's next fighter jets. Lockheed remains an attractive franchise ...
AVALON, Australia–Lockheed Martin is seeing signs that supply chain pressure on solid rocket motors is easing, but continues to look for ways to bolster production capacity globally.
In its fourth quarter 2024 investor letter, Conventum – Alluvium Global Fund emphasized stocks such as Lockheed Martin Corporation (NYSE:LMT). Based in Bethesda, Maryland, Lockheed Martin ...
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So things have not been great for aerospace stock Lockheed Martin (LMT). It lost a major government contract to biggest rival and disaster bait Boeing (BA), and now, there are signs a recent sale ...