RTX Wins Contract to Support Rolling Airframe Missile Program [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
Details of the Deal Valued at $33.8 million, the contract is expected to be completed by February 2027. Per the terms of the deal, RTX is going to provide Mod 5 Guided Missile Launching System (GMLS) requirements and spares for its RAM program. A major portion of the work related to this deal will be carried out in Ottobrunn, Germany. The contract will serve the U.S. Navy and German government. What's Favoring RTX? Increasing geopolitical tensions worldwide have prompted nations to strengthen their defense systems manifold. With rapid technological upgrades, missile defense has steadily become pivotal in a nation's defense strategy. With the United States being the world's largest weapon supplier and RTX a prominent U.S. missile maker, the increased missile defense adoption by nations provides the company with solid order flows. The latest contract win is a bright example of that. Notably, RTX's RAM-guided missile weapon system is the world's most modern ship self-defense w
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News
- Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts [Yahoo! Finance]Yahoo! Finance
- Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts [Yahoo! Finance Canada]Yahoo! Finance Canada
- China sanctions several Lockheed Martin units, three executives over arms deals with Taiwan [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Global Critical Infrastructure Protection Industry Research 2024-2029: Rising Cyberattacks on Critical Infrastructure Systems, Government Initiatives Drive Growth [Yahoo! Finance]Yahoo! Finance
LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 6/12/24 - Form 144
- 6/6/24 - Form 144
- 6/5/24 - Form 4
- LMT's page on the SEC website