LMT Stock Recent News

LMT secures a contract to aid Hellfire, Long Range Anti-Ship Missile, Joint Air to Ground Missile and Joint Air to Surface Standoff Missile systems.

Lockheed Martin is a leading defense company with a strong market position, making it an attractive investment, especially during the current market drawback. FY2024 results show $71 billion in sales, $5.3 billion in net earnings, and a $176 billion backlog, highlighting robust demand and financial health. Management expects positive developments in FY2025, with revenue growth, strong free cash flow, and continued share repurchases.

Lockheed Martin Corporation (LMT) Citi's 2025 Global Industrial Tech and Mobility Conference Transcript

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LMT clinches a contract to support the F-35 Joint Strike Fighter aircraft program.

Investors expect European countries to ramp up spending on fighter jets, tanks, and other equipment, bolstering the shares of the companies that can build it.

Martijn Rozemuller, CEO of Europe at VanEck — which manages a defense-focused ETF — discusses investing in the sector after European defense stocks hit a record high.

“NATO is dead,” wrote Vertical Research Partners analyst in a Tuesday report summarizing recent news for his clients.

As officials meet with Russian counterparts in Saudi Arabia Tuesday to discuss ending the war in Ukraine, shares are climbing again.

Defense shares surge on expectations of higher NATO spending as Trump seeks deal with Putin