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Hot Stocks
Lockheed Martin awarded $133.62M Navy contract modification » 17:27
01/31/23
01/31
17:27
01/31/23
17:27
LMT

Lockheed Martin

$463.20 /

+2.5399 (+0.55%)

Lockheed Martin was…

Lockheed Martin was awarded a $133.62M firm-fixed-price modification to an order against a previously issued basic ordering agreement. This modification adds scope to procure low rate initial production VII systems to include 39 Infrared Receivers; 34 Processors and 12 Inertial Measurement Units for the Navy in support of the F/A-18 Infrared Search and Track System Block II upgrade. Work is expected to be completed in October 2026. FY23 aircraft procurement funds in the amount of $111.79M; FY22 National Guard and Reserve Equipment in the amount of $13.77M; FY22 aircraft procurement funds in the amount of $905,888 and FY21 aircraft procurement funds in the amount of $7.16M will be obligated at the time of award, $7.16M of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.

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LMT Lockheed Martin
$463.20 /

+2.5399 (+0.55%)

LMT Lockheed Martin
$463.20 /

+2.5399 (+0.55%)

01/30/23 DZ Bank
Lockheed Martin upgraded to Buy from Hold at DZ Bank
01/25/23 Credit Suisse
Lockheed Martin price target raised to $408 from $384 at Credit Suisse
01/25/23 Argus
Lockheed Martin a 'value opportunity', says Argus
01/25/23 Wells Fargo
Lockheed Martin price target raised to $422 from $417 at Wells Fargo
LMT Lockheed Martin
$463.20 /

+2.5399 (+0.55%)

LMT Lockheed Martin
$463.20 /

+2.5399 (+0.55%)

LMT Lockheed Martin
$463.20 /

+2.5399 (+0.55%)

LMT Lockheed Martin
$463.20 /

+2.5399 (+0.55%)

Monday
Upgrade
Lockheed Martin upgraded to Buy from Hold at DZ Bank » 05:21
01/30/23
01/30
05:21
01/30/23
05:21
LMT

Lockheed Martin

$459.82 /

-0.055 (-0.01%)

DZ Bank analyst Robert…

DZ Bank analyst Robert Czerwensky upgraded Lockheed Martin to Buy from Hold with a $523 price target.

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LMT Lockheed Martin
$459.82 /

-0.055 (-0.01%)

LMT Lockheed Martin
$459.82 /

-0.055 (-0.01%)

01/25/23 Credit Suisse
Lockheed Martin price target raised to $408 from $384 at Credit Suisse
01/25/23 Argus
Lockheed Martin a 'value opportunity', says Argus
01/25/23 Wells Fargo
Lockheed Martin price target raised to $422 from $417 at Wells Fargo
01/25/23 Susquehanna
Lockheed Martin price target raised to $512 from $510 at Susquehanna
LMT Lockheed Martin
$459.82 /

-0.055 (-0.01%)

LMT Lockheed Martin
$459.82 /

-0.055 (-0.01%)

LMT Lockheed Martin
$459.82 /

-0.055 (-0.01%)

LMT Lockheed Martin
$459.82 /

-0.055 (-0.01%)

Over a week ago
Hot Stocks
Lockheed Martin awarded $656.77M Army contract modification » 17:27
01/26/23
01/26
17:27
01/26/23
17:27
LMT

Lockheed Martin

$459.88 /

+5.53 (+1.22%)

Sikorsky, a Lockheed…

Sikorsky, a Lockheed Martin company, was awarded a $656.77M modification to a contract for UH-60M aircraft. Work will be performed in Stratford, Connecticut, with an estimated completion date of June 30, 2027. FY10 Foreign Military Sales funds in the amount of $656.77M were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.

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LMT Lockheed Martin
$459.88 /

+5.53 (+1.22%)

LMT Lockheed Martin
$459.88 /

+5.53 (+1.22%)

01/25/23 Credit Suisse
Lockheed Martin price target raised to $408 from $384 at Credit Suisse
01/25/23 Argus
Lockheed Martin a 'value opportunity', says Argus
01/25/23 Wells Fargo
Lockheed Martin price target raised to $422 from $417 at Wells Fargo
01/25/23 Susquehanna
Lockheed Martin price target raised to $512 from $510 at Susquehanna
LMT Lockheed Martin
$459.88 /

+5.53 (+1.22%)

LMT Lockheed Martin
$459.88 /

+5.53 (+1.22%)

LMT Lockheed Martin
$459.88 /

+5.53 (+1.22%)

LMT Lockheed Martin
$459.88 /

+5.53 (+1.22%)

Hot Stocks
Lockheed Martin Ventures invests in Machina Labs » 08:12
01/26/23
01/26
08:12
01/26/23
08:12
LMT

Lockheed Martin

$454.20 /

+5.055 (+1.13%)

Machina Labs announced…

Machina Labs announced the completion of an investment by Lockheed Martin Ventures, or LMV, the venture arm of Lockheed Martin. Machina Labs combines AI and robotics to rapidly manufacture advanced sheet metal products. This latest funding brings the total raised by Machina Labs to $21.8M. The investment will be used to accelerate company growth to meet customer demand, and to expand R&D into additional processes and metallurgical offerings.

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LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

01/25/23 Credit Suisse
Lockheed Martin price target raised to $408 from $384 at Credit Suisse
01/25/23 Argus
Lockheed Martin a 'value opportunity', says Argus
01/25/23 Wells Fargo
Lockheed Martin price target raised to $422 from $417 at Wells Fargo
01/25/23 Susquehanna
Lockheed Martin price target raised to $512 from $510 at Susquehanna
LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

Hot Stocks
Textron awarded $113.11M Navy contract » 17:35
01/25/23
01/25
17:35
01/25/23
17:35
TXT

Textron

$70.14 /

+0.57 (+0.82%)

Textron was awarded a…

Textron was awarded a $113.11M firm-fixed-price contract to provide for the production and delivery of 10 Multi-Engine Training System aircraft, initial spares, peculiar support equipment, instructor pilot training, and maintenance personnel training to provide intermediate and advanced training for accession into P-8, EP-3, KC-130, E-6, E-2, CMV-22 and MV-22 aircraft in support of the mission of Chief Naval Air Training for the Navy. Work is expected to be completed in June 2024. Fiscal 2023 aircraft procurement funds in the amount of $113.11M will be obligated at the time if award, none of which will expire at the end of the current fiscal year. This contract was competitively procured via an electronic request for proposal; one offer was received. The Naval Air Systems Command is the contracting activity.

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TXT Textron
$70.14 /

+0.57 (+0.82%)

TXT Textron
$70.14 /

+0.57 (+0.82%)

12/06/22 Morgan Stanley
Textron's FLRAA win should be 'positively received,' says Morgan Stanley
12/05/22 Jefferies
Textron award estimated at $11 per share net present value, says Jefferies
09/13/22 Bernstein
Textron initiated with a Market Perform at Bernstein
07/29/22 Susquehanna
Textron price target lowered to $84 from $90 at Susquehanna
TXT Textron
$70.14 /

+0.57 (+0.82%)

TXT Textron
$70.14 /

+0.57 (+0.82%)

TXT Textron
$70.14 /

+0.57 (+0.82%)

TXT Textron
$70.14 /

+0.57 (+0.82%)

Hot Stocks
SAP selected by Lockheed Martin for 1LMX program solution » 17:03
01/25/23
01/25
17:03
01/25/23
17:03
SAP

SAP

$116.16 /

-0.06 (-0.05%)

, LMT

Lockheed Martin

$454.20 /

+5.055 (+1.13%)

Lockheed Martin (LMT) and…

Lockheed Martin (LMT) and SAP (NSAP) expanded their strategic relationship to transform the mission-critical business systems that power Lockheed Martin's OneLM Transformation Program - 1LMX -. 1LMX is the business and digital transformation effort that aims to enhance 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 product value chain, and streamlining systems and processes. Lockheed Martin is leveraging the RISE with SAP solution to expand its enterprise cloud capabilities and introduce the tools needed to implement core business processes in managed FedRAMP-compliant cloud environments through the 1LMX initiative. In addition, SAP Business Technology Platform will provide Lockheed Martin with an innovation platform on which to develop emerging technologies.

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SAP SAP
$116.16 /

-0.06 (-0.05%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

SAP SAP
$116.16 /

-0.06 (-0.05%)

01/19/23 Cowen
SAP price target raised to $116 from $106 at Cowen
01/12/23 Deutsche Bank
SAP price target raised to EUR 120 from EUR 115 at Deutsche Bank
01/09/23 JPMorgan
SAP price target raised to EUR 119 from EUR 116 at JPMorgan
12/06/22 Oddo BHF
SAP downgraded to Underperform from Neutral at Oddo BHF
LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

01/25/23 Credit Suisse
Lockheed Martin price target raised to $408 from $384 at Credit Suisse
01/25/23 Argus
Lockheed Martin a 'value opportunity', says Argus
01/25/23 Wells Fargo
Lockheed Martin price target raised to $422 from $417 at Wells Fargo
01/25/23 Susquehanna
Lockheed Martin price target raised to $512 from $510 at Susquehanna
SAP SAP
$116.16 /

-0.06 (-0.05%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

SAP SAP
$116.16 /

-0.06 (-0.05%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

SAP SAP
$116.16 /

-0.06 (-0.05%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

SAP SAP
$116.16 /

-0.06 (-0.05%)

LMT Lockheed Martin
$454.20 /

+5.055 (+1.13%)

Recommendations
Lockheed Martin price target raised to $408 from $384 at Credit Suisse » 08:35
01/25/23
01/25
08:35
01/25/23
08:35
LMT

Lockheed Martin

$449.14 /

+7.5 (+1.70%)

Credit Suisse analyst…

Credit Suisse analyst Scott Deuschle raised the firm's price target on Lockheed Martin to $408 from $384 and keeps an Underperform rating on the shares following quarterly results. Overall, it was a solid Q4, with sales, EPS, and free cash flow nicely ahead, albeit with EBIT and OCF both below, the firm notes.

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LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

01/25/23 Argus
Lockheed Martin a 'value opportunity', says Argus
01/25/23 Wells Fargo
Lockheed Martin price target raised to $422 from $417 at Wells Fargo
01/25/23 Susquehanna
Lockheed Martin price target raised to $512 from $510 at Susquehanna
01/13/23 Goldman Sachs
Lockheed Martin downgraded to Sell from Neutral at Goldman Sachs
LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

Recommendations
Lockheed Martin a 'value opportunity', says Argus » 07:55
01/25/23
01/25
07:55
01/25/23
07:55
LMT

Lockheed Martin

$449.14 /

+7.5 (+1.70%)

Argus analyst John Eade…

Argus analyst John Eade keeps a Buy rating and $500 price target on Lockheed Martin while calling the stock a "value opportunity". The company offers a "strong" balance sheet" and growing dividend while consistently delivering positive surprises to the Street in recent years, the analyst tells investors in a research note. Argus adds however that the stock has underperformed, falling 2% over the past quarter vs. a gain of 7% for the S&P500.

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LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

01/25/23 Wells Fargo
Lockheed Martin price target raised to $422 from $417 at Wells Fargo
01/25/23 Susquehanna
Lockheed Martin price target raised to $512 from $510 at Susquehanna
01/13/23 Goldman Sachs
Lockheed Martin downgraded to Sell from Neutral at Goldman Sachs
12/15/22 Morgan Stanley
Lockheed Martin downgraded to Equal Weight from Overweight at Morgan Stanley
LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

Recommendations
Lockheed Martin price target raised to $422 from $417 at Wells Fargo » 07:17
01/25/23
01/25
07:17
01/25/23
07:17
LMT

Lockheed Martin

$449.14 /

+7.5 (+1.70%)

Wells Fargo analyst…

Wells Fargo analyst Matthew Akers raised the price target on Lockheed Martin to $422 from $417 and keeps an Underweight rating on the shares. The firm sees further risk to defense stocks and expects Lockheed Martin's portfolio to lag peers on worse program mix. 2023 sales/EPS outlook appears achievable, but R&D tax interpretation is a risk to cash flow versus peers, it adds.

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LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

01/25/23 Susquehanna
Lockheed Martin price target raised to $512 from $510 at Susquehanna
01/13/23 Goldman Sachs
Lockheed Martin downgraded to Sell from Neutral at Goldman Sachs
12/15/22 Morgan Stanley
Lockheed Martin downgraded to Equal Weight from Overweight at Morgan Stanley
12/08/22 Citi
Lockheed Martin initiated with a Buy at Citi
LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

Recommendations
Lockheed Martin price target raised to $512 from $510 at Susquehanna » 07:10
01/25/23
01/25
07:10
01/25/23
07:10
LMT

Lockheed Martin

$449.14 /

+7.5 (+1.70%)

Susquehanna analyst…

Susquehanna analyst Charles Minervino raised the firm's price target on Lockheed Martin to $512 from $510 and keeps a Positive rating on the shares. The analyst updated the firm's estimates following its 4Q earnings results noting the new estimates temper the revenue and growth assumptions.

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LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

01/13/23 Goldman Sachs
Lockheed Martin downgraded to Sell from Neutral at Goldman Sachs
12/15/22 Morgan Stanley
Lockheed Martin downgraded to Equal Weight from Overweight at Morgan Stanley
12/08/22 Citi
Lockheed Martin initiated with a Buy at Citi
12/06/22 Morgan Stanley
Textron's FLRAA win should be 'positively received,' says Morgan Stanley
LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

LMT Lockheed Martin
$449.14 /

+7.5 (+1.70%)

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