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LMT Stock News Image - investorplace.com

Stocks in the space sector offer exciting diversity. Tech is one of the most essential parts of the space industry, and the drive to explore the cosmos and discover pushes innovation in tech to new heights.

investorplace.com 2024 Jun 12
LMT Stock News Image - invezz.com

Lockheed Martin (NYSE: LMT) stock price has been a perennial laggard in the past few years even after receiving billions of dollars worth of orders and as defense spending soared. Its total return this year is 3.5%, which is lower than the S&P 500 index's 12.70%.

invezz.com 2024 Jun 12
LMT Stock News Image - zacks.com

Lockheed (LMT) is set to procure aircraft armament equipment for its F-35 fighter jets.

zacks.com 2024 Jun 11
LMT Stock News Image - investorplace.com

As we venture into June 2024, the space industry continues to capture the imagination of investors and enthusiasts alike. With the global space economy projected to triple to $1 trillion by 2040, the potential for growth is immense.

investorplace.com 2024 Jun 11
LMT Stock News Image - zacks.com

In the most recent trading session, Lockheed Martin (LMT) closed at $467.46, indicating a -0.57% shift from the previous trading day.

zacks.com 2024 Jun 10
LMT Stock News Image - barrons.com

Global defense spending hit about $2.4 trillion in 2023, up about 8.5% compared with 2022.

barrons.com 2024 Jun 08
LMT Stock News Image - reuters.com

Lockheed Martin has entered a purchase agreement with Firefly Aerospace for up to 25 launches on its Alpha rocket by 2029, the U.S. defense contractor said on Wednesday.

reuters.com 2024 Jun 05
LMT Stock News Image - zacks.com

Lockheed's (LMT) HIMARS is the most technically advanced, affordable and sustainable artillery solution that can fire the entire Multiple Launch Rocket System family of munitions.

zacks.com 2024 Jun 05
LMT Stock News Image - prnewswire.com

IOWA CITY, Iowa , June 5, 2024 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT) partnered with the University of Iowa's Operator Performance Laboratory (OPL) to demonstrate the use of artificial intelligence (AI) in air-to-air intercept scenarios. The successful flights are a significant milestone for Skunk Works' Tactical AI team, in which AI directly flew and conducted tactical exercises with a full-scale, live aircraft – one of OPL's L-29 Delfin jets – using heading, speed and altitude commands.

prnewswire.com 2024 Jun 05
LMT Stock News Image - prnewswire.com

Companies Ink Agreement to Help Bring New Tech to Orbit Faster and Increase Access to Space DENVER , June 5, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) signed an agreement with Firefly Aerospace, Inc., for up to 25 launches on the company's Alpha rocket through 2029. Under this agreement, Firefly will routinely launch a variety of future Lockheed Martin spacecraft, including new payload technologies, into low-Earth orbit from Firefly's facilities on the west and east coasts.

prnewswire.com 2024 Jun 05
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