Lockheed Martin secures $478.61M Navy contract modification

  • Lockheed Martin ’s (NYSE:LMT) Sikorsky Aircraft has been awarded a ~$478.61M firm-fixed-price modification to a previously awarded contract.
  • This modification exercises options for the procurement of five Lot Three low rate initial production Presidential Helicopters Replacement Program (VH-92A) aircraft, and associated interim contractor support, two cabin interior reconfiguration kits, support equipment, initial spares, and system parts replenishment.
  • Work to be performed at multiple locations and is expected to be completed in December 2023.

    Fundamentals Lockheed Martin

    For this year the company, based inBethesda revenue will be around 68.12 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2019's revenue of 65.4 billion USD.

    Historical revenues and results Lockheed Martin plus estimates 2020

    financiële analyse

    The analysts expect for 2020 a net profit of 7.36 billion USD. For this year the consensus of Lockheed Martin 's result per share is a profit of 26.33 USD. Based on this the price/earnings-ratio is 12.8.

    Huge dividend Lockheed Martin

    Per share the analysts are expecting a dividend of 10.64 USD per share. Lockheed Martin 's dividend yield thus equals 3.16 percent. The average dividend yield of the aerospace & defense companies is a limited 0.2 percent.

    Lockheed Martin 's market capitalization is based on the number of outstanding shares around 94.37 billion USD. The Lockheed Martin stock was the past 12 months quite volatile. Since last February the stock is 21 percent lower. This year the stock price moved between 266 and 443 dollar.

    Historical stock prices Lockheed Martin

    fundamental research lockheedmartin

    Click here for dividend Lockheed Martin. At 21.40 the stock trades 0.07 percent higher at 337.04 USD.

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