Cowen Raises Price Target on Lockheed Martin (LMT) Based on Extended Visibility

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Lockheed Martin Increases Share Repurchase Authority by $3.0 Billion

September 24, 2015 1:50 PM EDT

BETHESDA, Md., Sept. 24, 2015 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized the purchase of up to an additional $3.0 billion of Lockheed Martin common stock under its share repurchase program. The number of shares purchased... More

Lockheed Martin Declares Fourth Quarter 2015 Dividend

September 24, 2015 12:50 PM EDT

BETHESDA, Md., Sept. 24, 2015 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2015 dividend of $1.65 per share, representing a 10 percent increase or $0.15 over last quarter. The dividend is payable on December 24, 2015 to holders of record as of the close of business on December 1, 2015.

"Delivering innovative solutions to our customers' most complex challenges continues to drive our strong results," said Marillyn Hewson, Lockheed Martin Chairman, President and CEO. "Our performance returns exceptional value... More