Everything You Need to Know About Lockheed Martin's New $17.7 Billion Missile Contract [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
to build and buy probably thousands of interceptor missiles to put a missile shield over the U.S. Three years of quiet... shattered by an explosion of good news for Lockheed Martin (NYSE: LMT) last week. On Monday, Lockheed announced that MDA has awarded it a prime contract to build "the most modern, reliable, and technically advanced interceptor in the history of the Ground-based Midcourse Defense system." In a separate statement, MDA added that both Lockheed and an unnamed rival ( which was Northrop Grumman ) submitted preliminary designs on competing interceptor missiles -- itself a $1.6 billion award split between the two teams -- but Lockheed came out on top. Boeing and Raytheon had previously also competed for the contract. Boeing, having built the original GMD system, was a favorite to win the upgrade work, but Boeing dropped out of the NGI competition in 2019, taking Raytheon with it. That left Lockheed with only one foe to vanquish, and it's accomplished that. Now what
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News
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LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 5/3/24 - Form 8-K
- 4/29/24 - Form 4
- 4/23/24 - Form 10-Q
- LMT's page on the SEC website