Lockheed Martin Wins $6Bn Deals For F-35 Global Fleet & Missile-Warning Satellites

  • U.S. Aerospace giant has won 2 deals worth nearly $6Bn for the F-35 stealth fighter program as well as three missile-warning satellites, to be operated by the U.S. space force
  • The first contract was awarded by the F-35 Joint Program Office of the US Department of Defense to Lockheed Martin , and its suppliers BAE Systems and Northrop Grumman for the sustainment of the F-35 fighters through June 30, 2021
  • According to Lockheed, the $1.28-billion deal is expected to pay for the sustainment of the worldwide F-35 fighter jet fleet
  • The other $4.9Bn deal is to develop three missile-warning satellites for the US Space Force by 2028
  • Under the deal, Lockheed will manufacture, assemble, integrate, test, and deliver three next-generation geosynchronous (NGG) Earth-orbiting space vehicles (SV), which will be operated by the US Space Force.

    Fundamentals Lockheed Martin

    Over the current book year the total revenu from the company based in Bethesda will be 65,27 billion USD (consensus estimates). This is slightly more than 2019's revenue of 59,81 billion USD.

    Historical revenues and results Lockheed Martin plus estimates 2020


    The analysts expect for 2020 a net profit of 6,88 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 24,49 USD. The price-earnings-ratio equals 13,96.

    Per share the analysts expect a dividend of 9,87 USD per share. Thus the dividend yield equals 2,89 percent. The average dividend yield of the aerospace & defense companies is a limited 0,24 percent.

    Based on the current number of shares Lockheed Martin 's market capitalization equals 96,06 billion USD. The Lockheed Martin stock was the past 12 months quite unstable. Since last January the stock is 16 percent lower. This year the stock price moved between 266 and 443 dollar.

    Historical stock prices Lockheed Martin past 10 years

    stock prices lockheedmartin

    Click here for dividend Lockheed Martin. On Tuesday the stock closed at 341,85 USD.

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