|Bid||425.21 x 1000|
|Ask||425.59 x 900|
|Day's Range||424.50 - 427.54|
|52 Week Range||278.00 - 427.54|
|Beta (5Y Monthly)||0.94|
|PE Ratio (TTM)||20.24|
|Earnings Date||Jan. 27, 2020|
|Forward Dividend & Yield||9.60 (2.26%)|
|Ex-Dividend Date||Nov. 27, 2019|
|1y Target Est||416.74|
Boeing (BA) could only manage to deliver 380 aircraft in 2019 compared to Airbus, which successfully delivered a record 863 commercial aircraft.
The computer-based logistics system of the F-35 stealth fighter jet made by Lockheed Martin , which has been plagued by delays, will be replaced by another network made by the same company, a Pentagon official said on Tuesday. The Autonomic Logistics Information System (ALIS) was designed to underpin the F-35 fleet's daily operations, ranging from mission planning and flight scheduling to repairs and scheduled maintenance, as well as the tracking and ordering of parts.
Lockheed's (LMT) C-130J variants are designed for night operations. Its proven on-board navigation system guides pilots to proper landing site quickly and safely.
Leidos (LDOS) will deliver Clarify-generated predictive insights, directly into a customer's healthcare operations, through its careC2 platform.
Walker joins the world's largest defence contractor from the U.S. Department of Defense's future warfare and technology agency DARPA, where he was a director. In his new role, Walker will act as the company's liaison to science and technology communities and help in the development of advanced weapons technologies.
The killing of General Soleimani by U.S. airstrike is the primary catalyst behind the Iran missile attack at Iraqi bases with U.S. troops.
The Zacks Analyst Blog Highlights: AES, The Southern Company, Lockheed Martin, Callon Petroleum and New Gold
PV Labs Receives Investment from Lockheed Martin in Fifth-Generation Advanced Stabilization Technology
One prominent policy strategist tells Yahoo Finance that the president’s response to the tensions in the Middle East may point to a deeper issue inside the White House.
L3Harris (LHX) delivers F-16 Aircrew Training Device, which enables pilots to improve their air-to-air and air-to-ground combat skills by acquiring and identifying targets
Defense stocks tend to rally when geopolitical tensions rise, banking on a possible uptick in defense contracts. Most importantly, such stocks tend to outperform the broader market for the six months following a major conflict.
(Bloomberg Opinion) -- Shots have been fired in the Middle East. Whether the feud escalates or not, Japan’s defense companies may have found the catalyst they needed.Stock prices of Japanese machinery makers that also produce assault rifles, flare bombs and other military equipment surged as much as 25% Wednesday, after Iran fired rockets at two U.S. bases in Iraq in response to the American attack that killed General Qassem Soleimani. Iran’s foreign minister said his country wasn’t seeking escalation, and President Donald Trump refrained from immediately threatening retaliation. Such price movements in defense-related stocks have happened before, when tensions worsen on the Korean Peninsula or military conflicts heat up. They often don’t last. This time, the rise could last longer as it coincides with the industrial cycle showing an upturn after a year of downbeat data and uncertainty.In China, a big demand driver for Japan’s machinery manufacturers, industrial profits rose 5.4% in November with production activity picking up after dropping for most of 2019. Excavator shipments are growing, and orders from large Chinese construction companies rose up to 25% in the nine months to September, compared with 1% to 9% percent in all of 2018. Industrial robot production increased 4% from a year earlier.While machine tool orders in Japan have been dropping, a survey in December showed that the sector’s builders association was optimistic going into the new year and expected a recovery. Aeronautics-related orders from France, for instance, rose in November, while machinery maker Fanuc Corp.’s export volumes turned around.Certainly, several parts of the industrial cycle are moving at different speeds. But overall, companies are emerging from their deep crisis of confidence. Those with military-related segments are helped by Tokyo expanding defense spending under a five-year procurement plan. That benefits them and the longstanding alliance with Washington. While larger Japanese companies help the likes of Lockheed Martin Corp. with maintenance and repair, smaller ones often struggle to find a foothold. Japan is working to bolster this part of the supply chain and boost exports. The U.S. has $20.7 billion in active government sales and permanent exports of almost $14.9 billion in defense articles such as gas turbine engines, missile vehicles and rockets to Japan.While Japan maintained stringent controls on arms exports until five years ago, it has partnered with the U.S. and its companies in other ways. Under a special agreement, Japan helps offset the cost of around $2 billion for American troops stationed there.Time will tell whether Trump’s conflict with Iran has legs, but the rally in Japan’s machinery stocks may run a while longer.To contact the author of this story: Anjani Trivedi at firstname.lastname@example.orgTo contact the editor responsible for this story: Patrick McDowell at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Anjani Trivedi is a Bloomberg Opinion columnist covering industrial companies in Asia. She previously worked for the Wall Street Journal. For more articles like this, please visit us at bloomberg.com/opinion©2020 Bloomberg L.P.
U.S. defense stocks put up an impressive show in the last five trading sessions owing to solid contract wins and escalated tension in U.S.-Iran relations.
General Soleimani's death raises the possibility of a war between the United States and its adversaries in the Middle East. To tackle the situation, the United States sends 3,000 more troops.
F-35 is Lockheed Martin's (LMT) largest program that generates more than 25% of its total sales. It is being used by the defense forces of the United States and 11 other nations.