Lockheed Martin Corp. (LMT): Price and Financial Metrics

Will the U.S. supply Ukraine with fighter jets after tank approval?

A decision by the U.S. and Germany to send battle tanks to Ukraine has reignited discussions on more advanced weapons platforms, such as fighter aircraft.

Lockheed Martin (NYSE:LMT) COO Frank St. John has revealed that there is "a lot of conversation about third party transfer of F-16s," under which countries would re-export their U.S.-made jets. The company is even going to ramp up F-16 production "to get to the place w...

Seeking Alpha | January 26, 2023

Lockheed Martin bags $320M Navy contract modification

• Lockheed Martin (NYSE:LMT) was awarded a not-to exceed $320M cost-plus-fixed-fee undefinitized modification to a previously awarded advanced acquisition contract.
• The modification adds scope to provide non-recurring engineering in support of the production of one F-35A, one F-35B, and one F-35C new flight science test aircraft to replace aging flight science test aircraft for the Air Force, Marine Corps, Navy, and non-U.S. Department of Defense, or DOD, participants.
• Work is expe...

  Seeking Alpha | January 25, 2023

SAP Expands 25-Year Partnership with Lockheed Martin

Lockheed Martin Corporation (NYSE: LMT) and SAP SE (NYSE: SAP) announced today an expansion of their strategic relationship to transform the mission-critical business systems that power Lockheed Martin's OneLM Transformation Program (1LMX). 1LMX is the industry-leading business and digital transformation effort that is enhancing the speed, agility, insights and competitiveness of Lockheed Martin. By leveraging data as a strategic asset, enabling a model-based enterprise that spans the full produ

Yahoo | January 25, 2023

Lockheed ready with F-16s as Kyiv allies revive debate over fighter jets

Lockheed Martin has said it stands ready to meet demand for its F-16 aircraft as some of Ukraine’s closest European allies revive efforts to provide fighter jets to Kyiv. The US-German decision to send tanks to Ukraine has reignited discussions, which European defence officials cautioned were at an early stage. Frank St. John, chief operating officer of Lockheed Martin, the largest US defence contractor, told the FT that there was “a lot of conversation about third party transfer of F-16s” — whereby countries would re-export their US jets to Ukraine to defend its airspace.

Yahoo | January 25, 2023

Textron boss remains confident in Army helicopter win

Although its competitor has initiated a contract protest, the head of Textron Inc. on Wednesday expressed confidence in his company retaining its winner status in a massive U.S. Army helicopter award. Textron (NYSE: TXT) subsidiary Bell in early December was named the winner of the Army’s Future Long-Range Assault Aircraft contract — a modernization program that could eventually be worth as much as $70 billion. Bell won the initial award with its V-280 Valor tiltrotor, topping the Defiant X being offered the Sikorsky unit of Lockheed Martin Corp. (NYSE: LMT) and its Boeing Co. (NYSE: BA) partner.

Yahoo | January 25, 2023