BETHESDA -- Lockheed Martin Corp. on Tuesday reported fourth-quarter earnings of $1.79 billion. The Bethesda-based global security company said it had profit of $6.38 per share. The results matched Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of $6.38 per share.
Lockheed Martin, the Pentagon's leading contractor by sales, will prove its "culture of cash" for shareholders in the coming years after returning almost $4 billion in dividends and share buybacks in 2020 despite the COVID-19 crisis, tempered F-35 deliveries and slowing space work near term.
Lockheed Martin Corporation ( LMT) receives a strong valuation score of 64 from InvestorsObserver's analysis. Our proprietary scoring system considers the overall health of the company by looking at the stock's price, earnings, and growth rate to determine if it represents a good value.
Walgreens Boots Alliance Inc. is set to name Starbucks Corp. operating chief Roz Brewer as its next chief executive, according to people familiar with the matter, setting her up to be the only Black female leading a Fortune 500 company today.
By Doug Cameron Boeing Co. reported its biggest-ever annual loss and took a huge financial hit on its new 777X jetliner, reflecting the pandemic's worsening toll on the plane maker. The write-down comes just as the 737 MAX re-enters service and Boeing tries to recover from a series of botched jetliner and military programs that more than halved its market value over the past two years.
The Insight Partners analysts forecasts the latest report on "Global Homeland Security and Emergency Market (Covid-19) Impact and Analysis by 2027", according to report; The Homeland Security and Emergency Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth.
The Global UAV Software (COVID-19 Version) Market Research report provided by Reports Monitor is a detailed study of the Global UAV Software (COVID-19 Version) Market 2020, which covers all the essential information required by a new market entrant as well as the existing players to gain a deeper understanding of the market.
The 5th-generation F-22 Raptor has been one of the world's most dominant fighter aircraft since entering service and has defined what air dominance means to the U.S. Air Force.
Shares of Lockheed Martin Corp. slipped 1.1% in premarket trading Tuesday, after the aerospace and defense company reported fourth-quarter profit that rose less than expected while sales topped forecasts, and provided an in-line full-year outlook. Net income rose to $1.79 billion, or $6.38 a share, from $1.50 billion, or $5.29 a share.
Boeing and Lockheed are facing off against Bell to provide a solution that is faster, more maneuverable, and otherwise more capable than the H-60. Boeing-Lockheed Martin Boeing and Lockheed Martin have unveiled their proposed helicopter, dubbed Defiant X, for the U.S.
A rendered image of the Defiant X Sikorsky, a Lockheed Martin company, and Boeing unveiled their concept for the new Defiant X advanced helicopter on Monday, January 25. The helicopter design will be submitted to the U.S. Army's Future Long-Range Assault Aircraft competition, known as FLRAA.
Lockheed Martin and Boeing have taken the wraps off the Defiant X advanced military helicopter being developed for the US Army's Future Long-Range Assault Aircraft (FLRAA) competition. Billed as the fastest, most maneuverable, and most survivable assault helicopter in history, it is based on the...
Shares of Lockheed Martin (NYSE: LMT) moved higher by 0.9% in pre-market trading after the company reported Q4 results. Earnings per share increased 20.60% year over year to $6.38, which missed the estimate of $6.41. Revenue of $17,032,000,000 up by 7.27% year over year, which beat the estimate of $16,920,000,000.
Lockheed Martin has cleaned up 70% of the contaminant mass in a groundwater plume spanning 900 acres in North Hempstead but said remediation will continue for at least two more decades.
Lockheed Martin (LMT) came out with quarterly earnings of $6.38 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $5.29 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this aerospace and defense company would post earnings of $6.07 per share when it actually produced earnings of $6.25, delivering a surprise of 2.97%.
(RTTNews) - Lockheed Martin Corp. (LMT) will host a conference call at 11:00 AM ET on January 26, 2021, to discuss Q4 20 earnings results. To access the live webcast, log on to http://www.lockheedmartin.com/investor The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
By Doug Cameron Lockheed Martin Corp. raised its full-year sales and profit guidance as it works through a backlog of more than $147 billion in combat jets, missile defense systems and classified military hardware.
Germany stocks higher at close of trade; DAX up 1.80% By Investing.com Investing.com - Germany stocks were higher after the close on Tuesday, as gains in the Software, Chemicals and Consumer & Cyclical sectors led shares higher. At the close in...
Lockheed Martin's Sikorsky recently made a $200 million contract with the U.S. Coast Guard, which will procure 25 new hulls for the Coast Guard's MH-60T aircraft and will allow the lifesaving helicopters to be flown for a minimum of 10 additional years while ensuring work for the Troy facility.
By Caitlin Ostroff and Joanne Chiu U.S. stock futures were little changed after major indexes hit records a day earlier and investors got ready for a slew of blue-chip earnings. Futures tied to the S&P 500 wavered between gains and losses, indicating the benchmark gauge may open flat after notching a record high Monday.