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Fly News Breaks for April 26, 2017
LMT
Apr 26, 2017 | 08:45 EDT
Argus analyst John Eade says that the 3% decline in Lockheed's stock after the company missed Q1 EPS expectations creates a buying opportunity,. The analyst expects the company to benefit from GOP control in DC and he thinks that the stock's valuation is attractive. Eade keeps a Buy rating on the shares.
News For LMT From the Last 2 Days
LMT
Mar 28, 2024 | 08:01 EDT
Notable profits for the buyer who lifted the $8.78 offer for 2,600 Lockheed (LMT) Jul-24 475 calls yesterday at 15:35ET when underlying shares were trading at $454.75. Shares closed at $456.78, and the calls at $9.47 for a mark-to-market profit of 8%, or $180K, on the $2282K outlay.
LMT
Mar 27, 2024 | 17:34 EDT
Lockheed Martin was awarded a $439.89M firm-fixed-price modification to a previously awarded cost-plus-fixed-fee, cost-plus-incentive-fee, firm-fixed-price, and fixed-price-incentive-fee, indefinite-delivery/indefinite-quantity contract. This modification exercises options to provide support equipment, pilot flight equipment, and post ejection survival training material, as well as associated administrative, contract management, planning and readiness reviews and non-recurring introduction to service support in support of site activation and initial sustainment activities for the F-35A, F-35B and F-35C aircraft for the Air Force, Marine Corps, Navy, non-Department of Defense participants, and Foreign Military Sales customers. Work is expected to be completed in December 2029. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. Naval Air Systems Command is the contracting activity.