The Latest Breaking News from Lockheed Martin

When President Joe Biden visits a Lockheed Martin plant on Tuesday that manufactures an antitank weapons system, he’s certain to herald the U.S.-made arms as a gamechanger in Ukraine’s stiff resistance to the Russian invasion

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 15 years by 3.47% on an annualized basis producing an average annual return of 10.39%. Currently, Lockheed Martin has a market capitalization of $114.99 billion.

Germany will buy 60 CH-47F Chinook heavy transport helicopters from Boeing worth around 5 billion euros ($5.40 billion)as it upgrades its military armour, Bild am Sonntag newspaper reported on Sunday, citing government sources.

Lockheed Martin and Target are among five stocks that are showing relative strength as rising rates and inflation slam the broader market.

Lockheed Martin is the IBD Stock of the Day. LMT stock is among several defense giants in bases trying to bounce off key support levels.

Thursday: Labor leader Anthony Albanese wins the first leaders’ debate. Plus: Russia tests new missile from its nuclear arsenal

Wells Fargo analyst Matthew Akers raised the price target for Lockheed Martin Corp (NYSE:LMT) to $496 (an upside of 9%) from $486 while maintaining the Equal-Weight rating on the shares. The analyst stated that most of LMT's Q1 beat vs. the firm's model was driven by lower tax/interest, while operations were slightly ahead, including a…

Over the past 3 months, 8 analysts have published their opinion on Lockheed Martin (NYSE:LMT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Hundreds of Australians wrote letters saying sponsorship deals with arms manufacturers are ‘degrading to the memory of our war dead’