Lockheed (LMT) Clinches a $4.5B Contract for PAC-3 MSE Missiles [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
Army. Per the terms of the deal, Lockheed will procure 870 Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (“MSE”) missiles and associated hardware. What's Favoring Lockheed? Global geopolitical and socioeconomic unrest has led both developed and emerging nations to increase the size of their armaments, with missiles making up a large share of these arsenals. Consequently, leading missile manufacturers such as Lockheed are witnessing a solid contract flow for their combat-proven missiles and associated hardware. The latest contract win is evidence of it. Specifically, Lockheed's Missiles and Fire Control division develops cutting-edge combat missiles for the U.S. Army, Navy, Air Force, Marine Corps, NASA and several international allies of the United States. LMT's PAC-3 is a missile that is highly sophisticated and can protect against advanced threats, such as airplanes, cruise missiles, hypersonic missiles and tactical ballistic missiles. In light of this, i
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LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- 6/24/24 - Form 11-K
- LMT's page on the SEC website