Lockheed Martin Corporation (LMT) has been actively traded with multiple entities increasing and reducing their shareholdings. Elevatus Wealth Management has invested $5.01 million and AQR Capital Management has also purchased shares. Several banking and financial institutions including Citigroup, Bank of Nova Scotia, State Street Corp, and others have either initiated coverage or altered their holdings. Additionally, LMT's stock price has experienced fluctuations, with a noted 6% fall over six months and a recent 3.8% pullback. However, strong earnings reports and a robust backlog, contribute to the stocks attractiveness. A new $3 billion revolving credit agreement has been secured, along with plans for a $51 million expansion project in Owego. LMT's engagement in AI is notable; they have launched the Astris AI initiative for government and are collaborating with Google's public sector on Gen AI for National Security. Notably, they've won a $52 million contract for rocket systems and a five-year contract to build upto 99 CH-53K® Heavy Lift Helicopters for the U.S. Marine Corps.
Lockheed Martin Corp LMT News Analytics from Tue, 22 Apr 2025 07:00:00 GMT to Sat, 13 Dec 2025 15:27:49 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor -4
