Latest Articles
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Lockheed’s Net To Likely Rise On Growing F-35 Volume & Cost Cuts Despite Weak U.S. Military Spending
Lockheed Martin (NYSE:LMT) will announce its third quarter earnings Tuesday, October 21. The defense contractor is coming off a good second quarter in which its profit rose on higher F-35 volume and reversal of pension expenses. In the third quar...
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Lockheed Makes Progress In Its International Expansion With Israeli Unit
Lockheed Martin (NYSE:LMT) has established a subsidiary in Israel, seeking to grow its contracts from the Israel Defense Forces (IDF). This subsidiary, called Lockheed Martin Israel Ltd. and registered with the Israel Corporations Authority, will...
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Lockheed Martin’s $165 Fair Value Rides On Its F-35 Program & Its Growing International Sales
Lockheed Martin (NYSE:LMT) is the largest defense contractor of the U.S. government. The company’s wide product portfolio consisting of fighter jets, missiles, defense shields, combat ships and satellites positions it well to not only retai...
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Higher F-35 Volume Lifts Lockheed’s Net, Despite Weak U.S. Military Spending
Lockheed Martin ‘s (NYSE:LMT) second quarter earnings rose by 5% annually to $2.76 per share as higher F-35 production volume and reversal of pension expenses outweighed weak U.S. military spending. Since the last quarter, new rules have ac...
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Cost Cuts Could Lift Lockheed’s Earnings Despite Weak U.S. Military Spending
Lockheed Martin (NYSE:LMT) will announce its second quarter earnings Tuesday, July 22. The defense contractor is coming off an average first quarter in which its revenues fell by 4% annually, as higher F-35 sales were more than offset by lower co...
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A Look At Some Of The Players In The Drone Space
Submitted by Roger Hannington as part of our contributors program . A Look At Some Of The Players In The Drone Space The suggestion by Amazon CEO Jeff Bezos towards the end of last year that Amazon could start delivering packages via the Amazo...
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What Are Lockheed Martin’s Two Biggest Growth Opportunities?
Lockheed Martin ‘s (NYSE:LMT) 2013 top line fell by 4% annually to $45.4 billion due to the U.S. government’s across-the-board spending cuts, called sequestration. In the current year, due to flat defense spending from the government,...
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Ramp Up In F-35 Production & Rising International Sales Will Help Return Lockheed’s Top Line To Growth Trajectory After 2014
Lockheed Martin ‘s (NYSE:LMT) top line rose steadily from $44 billion in 2009 to $47.2 billion in 2012, but fell sharply to $45.4 billion in 2013 due to the negative impact from across-the-board government spending cuts, called sequestratio...
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Higher Margins Driven By Cost Cuts Lift Lockheed’s Profits Despite Lower Sales
Lockheed Martin ‘s (NYSE:LMT) first quarter revenues fell by 4% annually to $10.7 billion, as higher F-35 sales were more than offset by lower contract volumes in the company’s other segments. However, even as revenues decreased, the ...
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Cost Cutting & A Better Defense Spending Environment Will Likely Boost Lockheed’s Earnings
Lockheed Martin (NYSE:LMT) will announce its first quarter earnings Tuesday, April 22. The defense contractor is coming off a very challenging 2013 in which the U.S. government’s lower defense spending slashed nearly 4% from its top line. B...
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Lockheed’s F-35 Expands International Client Reach With South Korean Order
South Korea’s arms procurement agency said Monday, March 25, that it would buy 40 Lockheed F-35 fighter jets in a deal valued at $6.8 billion. This confirmation from South Korea for Lockheed ‘s (NYSE:LMT) F-35 fighter jet program, is ...
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A Better Defense Spending Environment In 2014 Will Help Lockheed’s Results
Last year, Lockheed Martin ‘s (NYSE:LMT) results were severely impacted due to across-the-board government spending cuts, called sequestration. The defense contractor’s 2013 top line fell by $1.8 billion, or 4% annually, to $45.4 bill...
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Five of the Biggest Dividend Payers Just Got the Axe
Submitted by Wall St. Daily as part of our contributors program This past Friday, Dividend.com released a list of “10 Big-Name Stocks Going Ex-Dividend this Week.” Many traders utilize dividend ex-dates in an attempt to hold a stock just l...
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Lockheed Misses Earnings Guidance But Expects Higher Profits In 2014
Lockheed Martin ‘s (NYSE:LMT) revenues fell by 5% annually to $11.5 billion in the fourth quarter due to the government’s defense spending cuts. This decline was in line with the company’s earlier guidance. However, the defense...
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Lockheed’s Cost Cutbacks Will Offset Sequestration Impact To Lift Its Profits
Lockheed Martin (NYSE:LMT) will announce its fourth quarter earnings Thursday, January 23. The defense contractor will likely post higher profits despite a negative impact on its top line from across-the-board spending cuts, called sequestration...
