Latest Articles
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A Deeper Look At Lockheed Earnings: F-35 Program Promises Bright Topline Growth
Lockheed Martin (NYSE: LMT) reported its third quarter earnings on October 20, 2015. The defense contractor posted a better than expected top line growth of 3% and revised the full year guidance to $45 billion, slightly up from the previously st...
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Lockheed Martin Pre-Earnings: Revenue Growth To Continue, Margins To Improve
Lockheed Martin (NYSE:LMT) will announce its third quarter earnings Tuesday, October 20th. The defense contractor is coming off a good second quarter in which its revenues grew by 3% year over year to $11.6 billion. In the third quarter, we beli...
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Lockheed Q2 Earnings Review: Lockheed’s Growth Streak Continues, Increases EPS Guidance For Full Year 2015 Again
Lockheed Martin (NYSE:LMT) announced its Q2 2015 earnings on July 20th, 2015. The company reported $11.6 billion in revenues for the second quarter, impressing the market by beating analysts’ estimates by more than 5%. The higher revenues w...
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Lockheed Will Be The New Owner Of Sikorsky Helicopters
Over the past few months, we have been exploring the possibilities that existed for Sikorsky Helicopters after United Technologies (NYSE:UTX) announced its intention to divest the helicopter manufacturing division . There was a lot of speculati...
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A Comprehensive Look At Lockheed Martin’s Hybrid Airships
One of the bigger announcements that came out of the recently held Paris Air Show was the launch of Lockheed Martin’s (NYSE:LMT) hybrid airship LMH-1.The LMH-1 has created significant buzz about potentially revolutionizing the way the hea...
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Aerospace Industry: Key Takeaways From The Paris Air Show
The bi-annual Paris Air Show was held this week, making it an important week for companies operating in the Aerospace industry. One of the prime highlights at the event is the rivalry between Airbus and Boeing, with both companies presenting impr...
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Lockheed Martin’s Winning Streak Continues in F-35 Program
Lockheed Martin ‘s (NYSE:LMT) F-35 fighter jet program is continuing to witness growth in the global fighter jet markets. In an announcement made by the Pentagon, it was revealed that the defense contractor has won a $920 million contract t...
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If Sikorsky’s Out to Bid – Who Could Be The Buyer?
In a recent article, we explored the potential benefits for United Technologies (NYSE:UTX) if it decided to spin-off it’s only platform providing business, Sikorsky. However, United Technologies is also exploring the option of selling its r...
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Lockheed Revises FY’15 Earnings Guidance in Light of Strong Q1 Performance
Lockheed Martin (NYSE:LMT) announced its Q1 2015 earnings on April 21, 2015. The company reported $10.1 billion in revenues for the first quarter, slightly lower than the $10.2 billion that analysts expected. The lower revenues were primarily dri...
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Proposed Defense Budget For Fiscal 2016 Brings Cheer To Lockheed
President Obama has proposed a significant hike in the country’s defense budget for the fiscal year 2016, bringing cheer to major defense contractors such as Lockheed (NYSE:LMT) and Boeing (NYSE:BA). Over the past few years, as the governm...
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Rising F-35 Volumes Lift Lockheed’s Results Despite Weak U.S. Military Spending
Higher production and delivery volume of the F-35 fighter jet lifted Lockheed ‘s (NYSE:LMT) fourth quarter results even as overall U.S. defense spending remains weak. The defense contractor’s revenue rose by 9% per year to $12.5 billi...
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Higher F-35 Volume, Share Buybacks Will Lift Lockheed’s Earnings Despite Weak U.S. Military Spending
Lockheed Martin (NYSE:LMT) will announce its fourth quarter and full year 2014 results on Tuesday, January 27. The company is coming off a good third quarter in which its profit rose on higher F-35 production volume. In the fourth quarter, we ant...
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Lower Oil Prices Could Hit Lockheed’s Defense Sales To The Middle-East
Lockheed Martin (NYSE:LMT) is trying to grow its international defense sales as it is battling a flat-to-declining defense budget in the U.S. However, with the sharp drop in global crude oil prices, countries from the Middle-East could be forced...
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Declining F-35 Prices Bode Well For Lockheed’s Future
Lockheed Martin (NYSE:LMT) recently announced that it has reached an agreement in principle with the U.S. Department of Defense (DoD) for the eighth production lot of F-35s. Importantly, the average unit price of F-35 in this lot 8 will be around...
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Lockheed Boosts Stock Repurchase As Weak U.S. Military Spending Pressures Its Top Line
Lockheed Martin (NYSE:LMT) has said that it will reduce its outstanding share count to below 300 million over the next 3 years from roughly 315 million currently. The company outlined this buyback strategy while announcing its third quarter resul...
