Boeing would be 'thrilled' with role on new UK fighter-defence CEO

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Lockheed Martin (LMT) Tops Q2 EPS by 13c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook Above Consensus

July 24, 2018 7:33 AM EDT

Lockheed Martin (NYSE: LMT) reported Q2 EPS of $4.05, $0.13 better than the analyst estimate of $3.92. Revenue for the quarter came in at $13.4 billion versus the consensus estimate of $12.74 billion.

"The corporation achieved strong results in the second quarter, allowing us to increase our financial... More

Lockheed Martin (LMT) Secures $450M Contract to Commence Production of Multi-Mission Surface Combatant for Kingdom of Saudi Arabia

July 20, 2018 7:29 AM EDT

The U.S. government awarded Lockheed Martin (NYSE: LMT) an Undefinitized Contract Action (UCA) award for the production of the Multi-Mission Surface Combatant for the Kingdom of Saudi Arabia.

Lockheed Martin is being awarded a contract totaling $450 million to begin the detailed design and planning for construction of four Multi-Mission Surface Combatants (MMSC) that will be built at Fincantieri Marinette Marine shipyard in Marinette, Wisconsin.

The Kingdom of Saudi Arabia (KSA) will acquire four Multi-Mission Surface Combatants as part of a larger agreement between the United States and KSA to enhance... More