LMT Stock Recent News

LMT secures a $13.3 million modification contract to aid the Long-Range Anti-Ship Missile Program.

Lockheed Martin's stock, down 26% from its October 2024 high, may be undervalued, presenting a potential buying opportunity despite losing the NGAD contract. Defense stocks, including Lockheed Martin, could benefit from the current trade turmoil as tariffs shift investor focus back to defense, which is more tariff-resistant. The White House's push for higher defense budgets, aiming for 5% of GDP, supports a positive outlook for defense contractors like Lockheed Martin.

Lockheed Martin (LMT) reachead $454.78 at the closing of the latest trading day, reflecting a +0.42% change compared to its last close.

LMT secures a $65.5 million modification contract to provide support to the F-35 jet program.

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Dublin, April 03, 2025 (GLOBE NEWSWIRE) -- The "Lockheed Martin Corporation - Strategy Playbook - 2025 - Strategy Focus, Key Strategies & Plans, SWOT, Trends & Growth Opportunities, Market Outlook" company profile has been added to ResearchAndMarkets.com's offering. The 2025 edition of this Strategy Playbook report analyses the overall Strategy Focus and provides insights into the overall Strategy Focus and decrypts the key Strategies & Plans being pursued by the Lockheed Martin Corporation for the near to medium term horizon amid a complex, difficult & challenging global macroeconomic environment marked by rising geopolitical tensions and looming threat of renewed trade wars under Trump Administration 2.0.

Lockheed Martin announced it received a roughly $5 billion contract from the U.S. Army for providing Precision Strike Missiles (PrSM) that will replace the Army Tactical Missile.

FORT WORTH, Texas , April 1, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today completed the delivery of the 51st and 52nd F-35As to the Royal Norwegian Air Force, making Norway the first F-35 partner nation to fulfill its program of record. "The F-35 is the world's best fighter jet and I am very pleased that we will receive the last of the 52 fighter jets from Lockheed Martin that Norway has ordered," said Tore O.

Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

LMT secures a $4.94 billion contract to aid the manufacturing of the Precision Strike Missile Increment One.