LMT / Lockheed Martin stock trends higher on earnings beat, strong demand

In May 2022, Quiver Quantitative, an alternative data platform designed for retail investors, launched a trading bot. more_horizontal

Lockheed Martin Corp. (NYSE: LMT), based in Pennsylvania, landed a hefty $996.21 million Air Force contract on October 30. The work under this billion more_horizontal

According to a recent research report by Spherical Insights & Consulting, the global space exploration market size was an impressive $486 billion in 2 more_horizontal

Defense spending as a percentage of GDP in the US is likely to stabilize and increase, making the defense industry a useful portfolio diversifier. Loc more_horizontal

Lockheed Martin (NYSE:LMT) has pulled out from the United States Air Force's competition to build at least 75 refuelling tankers, Reuters reported on more_horizontal

Defense companies have been hit with rising costs and a problematic supply chain in recent years, but both issues are starting to ease. A classified m more_horizontal

The defense industry holds a number of appealing stocks for dividend growth investors. Constant geopolitical concerns and rising defense budgets aroun more_horizontal

Lockheed Martin Corporation (NYSE:LMT ) Q3 2023 Earnings Conference Call October 17, 2023 11:00 AM ET Company Participants Maria Ricciardone Lee - VP more_horizontal