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Stock impact report

Lockheed Martin Peru F-16 Deal And GPS III Launch Reshape Growth Story [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Lockheed Martin (NYSE:LMT) secured a direct commercial sale of F-16 Block 70 fighter jets to the Peruvian Air Force, marking the first such F-16 commercial deal in decades. The agreement expands Lockheed Martin's fighter aircraft presence in South America and deepens U.S.–Peru defense ties. Separately, the company supported the launch of the GPS III SV10 satellite, a step in its ongoing work on GPS III and future GPS IIIF systems. For investors watching NYSE:LMT, these moves add fresh detail to the story around a large U.S. defense and space contractor with an international reach. The stock closed at $529.79, with returns of 6.6% year to date and 16.6% over the past year, and longer term performance of 23.5% over 3 years and 59.4% over 5 years. Recent 7 day and 30 day returns, at a 12.8% decline and 13.2% decline respectively, show that near term trading has been more volatile than the longer track record. The Peru F-16 order and GPS III SV10 launch could be relevant for how Show less Read more
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