President Biden Must Match Rhetoric and Reality in Pledge to Avoid a New Cold War [Forbes]
Lockheed Martin Corporation (LMT)
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Source: Forbes
In his firstspeechIt’s an open secret that if the United States does decide to launch a new Cold War, the adversary of choice will be China, whose rise has caused fear and consternation in official Washington. The recent decision to share nuclear-powered submarines with Australia is the latest expression of this fear, as is the establishment of “the Quad” – a loose alliance of the United States, Australia, Japan and India that purports to be concerned with non-military matters but is clearly aimed at hemming in China’s regional ambitions. Officials in the Biden Pentagon have identified China as the “pacing challenge” for U.S. military spending and force development, and members of Congress of both parties have been pushing a $24 billion increase in the Pentagon’s already massive budget of over $750 billion per year based largely on an exaggerated view of the Chinese threat.NEW YORK, NEW YORK - SEPTEMBER 21: U.S. President Joe Biden addresses the 76th Session of the U.N.... [+]General
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News
- Lockheed Martin Co. (NYSE: LMT) had its price target raised by analysts at Wells Fargo & Company from $460.00 to $480.00. They now have an "equal weight" rating on the stock.MarketBeat
- Why Did Lockheed Martin Stock Drop? [Seeking Alpha]Seeking Alpha
- Northrop quarterly profit rose on strong global defense spending [Reuters]Reuters
- Lockheed Martin Co. (NYSE: LMT) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $467.00 to $487.00. They now have a "hold" rating on the stock.MarketBeat
- Ukraine, Israel bill to bolster Lockheed, RTX profits [Reuters]Reuters
LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/19/24 - Form PX14A6G
- LMT's page on the SEC website