$LMT (Lockheed Martin Corporation)

$LMT {{ '2016-04-27T22:30:22+0000' | timeago}} • Announcement

$LMT said its BoD authorized a second quarter 2016 dividend of $1.65 per share. The dividend is payable on June 24, 2016 to holders of record as of the close of business on June 1, 2016.

$LMT {{ '2017-07-19T15:44:40+0000' | timeago}} • Webcast

$LMT said it delivered 34 aircraft so far in 2017 and is on track to deliver 36 by the end of July. The company expects five international deliveries to take place in 2H17, and close the year with a total of 66 aircraft deliveries.

$LMT {{ '2017-07-19T15:11:05+0000' | timeago}} • Webcast

Revolving around the recent US-Saudi Arabia security deals, $LMT said the kingdom has expressed its intent to procure over $28Bil worth of Lockheed Martin products and services, touching each of its four business areas. The company stressed the growth potential of this deal on its portfolio.

$LMT {{ '2017-07-18T14:35:26+0000' | timeago}} • Infographic

$LMT Lockheed Martin Corp. Earnings AlphaGraphics: Q2 2017 highlights

$LMT {{ '2017-07-18T13:39:22+0000' | timeago}} • Announcement

$LMT's net sales in the Aeronautics segment in 2Q17 rose 19% YoY, primarily due to higher volume on aircraft production. Missiles and Fire Control net sales fell 3% due to lower deliveries on certain programs, while Rotary and Mission Systems sales grew 3% on certain adjustments recorded in 2016. Meanwhile, Space Systems' sales grew 9% in 2Q17.

$LMT {{ '2017-07-18T13:31:26+0000' | timeago}} • Announcement

For the second time, $LMT raised its 2017 profit forecast. It now expects net earnings in the range of $12.30–12.60 per share, compared to the earlier forecast of $12.15–12.45 per share announced in April. The Bethesda, Maryland-based company also raised its sales outlook to $49.8-51Bil vs the earlier projection of $49.5-50.7Bil.

$LMT {{ '2017-07-18T13:24:18+0000' | timeago}} • Announcement

Aerospace and defense major $LMT reported net sales of $12.7Bil in 2Q17, up 8.6%, primarily due to higher sales in the Aeronautics segment. Net earnings for the quarter fell to $942MM, or $3.23 per share, compared to $1.02Bil, or $3.32 per share a year ago.

$LMT {{ '2017-07-12T20:45:44+0000' | timeago}} • Announcement

$LMT received a $471MM contract from the U.S. Army for lot 12 production of Guided Multiple Launch Rocket System rockets. The work will be performed at the $LMT facilities in Camden, Arkansas, and Dallas. All production deliveries are expected to be completed by the summer of 2019.

$LMT {{ '2017-07-10T16:28:04+0000' | timeago}} • Announcement

$LMT received a direct commercial sale contract from the Bahrain Defense Force (BDF) to provide Sniper Advanced Targeting Pods (ATP) for its F-16 fleet, becoming the 25th international customer for the program. Under the $22.45MM contract, $LMT will deliver ATPs, spares and support equipment for integration.

$LMT {{ '2017-07-10T12:52:45+0000' | timeago}} • Announcement

$LMT received a $288MM contract from the U.S. Army to modernize its live training program. As the prime contractor, $LMT will partner with Saab to provide a simplified training solution that combines multiple vehicle crew training systems into a single product line.

$LMT {{ '2017-07-07T15:54:40+0000' | timeago}} • Announcement

$LMT said it has been selected by Polish Armament Group for further negotiations with regard to development of the Polish Homar program, based on the Lockheed Martin High Mobility Artillery Rocket System. The program envisages in-country defense technology modernization.

$LMT {{ '2017-07-06T21:48:37+0000' | timeago}} • Announcement

$LMT has received a $73.8MM contract from the US Army for second phase of the Long Range Precision Fires program. The program includes technology maturation and risk reduction for the development of a prototype LRPF missile system. Under the contract, Lockheed Martin will design, develop and fly multiple prototype missiles.

$LMT {{ '2017-07-03T10:45:23+0000' | timeago}} • Announcement

$LMT subsidiary Sikorsky signed a five-year contract for 257 H-60 Black Hawk helicopters for delivery to the U.S. Army and Foreign Military Sales customers. The contract value is about $3.8Bil and includes options for an additional 103 aircraft, with total contract value potentially reaching $5.2Bil. Deliveries are scheduled to begin in Oct. 2017.

$LMT {{ '2017-06-29T19:33:19+0000' | timeago}} • Announcement

$LMT said Lockheed Martin Ventures is making a strategic investment in Terran Orbital, an expert in nanosatellite design, development, manufacturing, testing and launch. The agreement includes cash and in-kind investments for an equity stake in Terran. This will create opportunities to share expertise to advance this emerging technology.

$LMT {{ '2017-06-28T11:30:19+0000' | timeago}} • Announcement

$LMT unit Sikorsky has delivered its second S-92 helicopter for search and rescue to The South Korea Coast Guard. Since 2004, Sikorsky has delivered more than 275 S-92 helicopters.

$GFF {{ '2017-06-22T19:35:56+0000' | timeago}} • Announcement

$GFF unit Telephonics has received an Indefinite Delivery Indefinite Quantity production contract from $LMT for radar retrofit kits. Under the $37MM deal, Lockheed Martin will provide the AN/APS-153(V)1 system with Automatic Radar Periscope Detection and Discrimination capability. It will be installed on the US Navy's MH-60R Sea Hawk helicopters.

$LMT {{ '2017-06-22T17:12:17+0000' | timeago}} • Announcement

$LMT's BoD authorized a 3Q17 dividend of $1.82 per share. The dividend is payable on Sept. 22, 2017 to shareholders of record as of the close of business on Sept. 1, 2017.

$LMT {{ '2017-06-22T12:24:30+0000' | timeago}} • Announcement

Derco, a $LMT company, has been selected by Global Defense Solutions LP as the exclusive distributor for all direct commercial sales of the C-130 E/H/J Loadmaster Crashworthy Seat (CWS). The CWS is certified for C-130 E-J aircraft. The CWS is now available via direct commercial sales through Derco.

$LMT {{ '2017-06-21T11:49:07+0000' | timeago}} • Announcement

$LMT has received a $104MM contract from the US Air Force to develop, produce and field a threat simulator for future combat aircrew training. The program will use radar threat emitters to simulate advanced medium-range surface-to-air missiles to support legacy and combat aircrew training requirements.

$LMT {{ '2017-06-21T11:45:50+0000' | timeago}} • Announcement

$LMT unit Sikorsky has signed an agreement with Israel's Ministry of Defense to supply spare parts and other engineering services to support heavy lift helicopters operated by the Israeli Air Force. Under the seven-year program, Sikorsky will manage and source its supply chain for the spare parts that are either obsolete or in diminishing supply.

$LMT {{ '2017-06-20T11:34:25+0000' | timeago}} • Announcement

$LMT received Indefinite Delivery/Indefinite Quantity Foreign Military Sales contract from U.S. Air Force to provide sustainment support for Sniper Advanced Targeting Pods and LANTIRN Navigation Pods. The work of the $200MM 5-year contract will be conducted in Warner Robins, Georgia; Orlando and Ocala, Florida; and Santa Barbara, California.

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