Lockheed Martin Secures a Contract for HELLFIRE II Missiles & JAGM [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
Lockheed Martin Corporation LMT recently secured a modification contract valued at $42 million to provide HELLFIRE II Missiles and Joint Air-to-Ground Missiles (JAGM). The work related to this deal will be carried out in Orlando, FL, and is projected to be completed by Sept. 30, 2027. The award has been provided by the U.S. Army Contracting Command, Redstone Arsenal, AL. What's Favoring LMT? With countries worldwide enhancing their defense capabilities, spending on advanced military arms and ammunition has been rapidly increasing. This also includes growing investments in missiles and missile systems, which are crucial for warfare missions. Lockheed Martin, as a prominent manufacturer of missiles and missile defense systems, has thus been witnessing a steady flow of orders from the Pentagon and other U.S. allies. The latest contract win is an example of that. Notably, Lockheed Martin's HELLFIRE II missile provides precision-strike accuracy across multiple missions and targets
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LMT
Earnings
- 7/23/24 - Beat
LMT
Sec Filings
- 8/27/24 - Form 8-K
- 8/5/24 - Form 4
- 8/1/24 - Form 144
- LMT's page on the SEC website