LS Cable & System to invest additional $689M in Virginia [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
South Korea-based LS Cable & System is planning to spend an additional $689 million for a manufacturing campus in Chesapeake, Virginia, Gov. Glenn Youngkin announced Friday . The company expects to break ground on the project in 2026 The project will be initiated through three of the communication cable and system company's subsidiaries, including LS Greenlink USA, and will create 430 jobs. Additionally, the manufacturing complex will establish a domestic supply chain for magnetic copper wire and rare earth magnets to bypass what the governor's officer described as a “monopoly of Chinese suppliers.” The site will feature advanced manufacturing capabilities through three business lines: rod production using recycled and smelted copper; magnet wire manufacturing for automotive and industrial markets; and rare-earth magnet production for electric motors and weapon systems, including Lockheed Martin and Raytheon's Javelin missile and the F-35 fighter jet “This investment represen
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LMT
News
- Lockheed Martin Trails Rivals in Growth Prospects, Morgan Stanley Says in Downgrade [Yahoo! Finance]Yahoo! Finance
- Finland and Lockheed Martin Celebrate Debut of Finland's First F-35A [Yahoo! Finance]Yahoo! Finance
- Finland and Lockheed Martin Celebrate Debut of Finland's First F-35APR Newswire
- BAE Systems awarded $11M contract from KAI [Yahoo! Finance]Yahoo! Finance
- Lockheed Martin (NYSE:LMT) was given a new $543.00 price target on by analysts at Morgan Stanley.MarketBeat
LMT
Earnings
- 10/21/25 - Beat
LMT
Sec Filings
- 12/9/25 - Form 4
- 12/9/25 - Form 4
- 12/9/25 - Form 4
- LMT's page on the SEC website