Lockheed Martin (LMT) Raises Quarterly Dividend 10% to $1.65; 3.3% Yield
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Cowen Raises Price Target on Lockheed Martin (LMT) Based on Extended Visibility
September 28, 2015 7:33 AM EDTCowen reiterated a Market Perform rating on Lockheed Martin (NYSE: LMT), and raised the price target to $220.00 (from $200.00), on extended visability. Expected F-35 revenue/margin build should easily outweigh production end on F-16 (Q3:17) & C-5M (mid-'18) to allow 5%-type 2016-18 Aeronautics revenue gains with modestly... More
Lockheed says U.S. approves its $9 billion takeover of Sikorsky
September 24, 2015 9:03 AM EDTBy Andrea Shalal
WASHINGTON (Reuters) - Lockheed Martin Corp said on Thursday that U.S. officials have approved its $9 billion takeover of Black Hawk helicopter maker Sikorsky Aircraft from United Technologies Corp.
In a filing with the U.S. Securities and Exchange Commission, the company said authorities in Japan and South Korea had also approved the deal, but it was waiting for other regulatory approvals.
Multiple sources familiar with the matter said Lockheed was now likely to... More
