Company Update (NYSE:LMT): Sikorsky Establishes Forward Stocking Location in Australia; Announces Aberdeen FSL

[PR Newswire] – FARNBOROUGH, England, July 13, 2016 /PRNewswire/ — Sikorsky, A Lockheed Martin Company (LMT) today announced the opening of a Forward Stocking Location in Brisbane, Australia, at the Sikorsky Helitech facility. This expediency improves aircraft readiness and reduces the operators’ overall expenses,” said Joe Triompo, vice president, Sikorsky Customer Support. In March, Sikorsky announced it had opened an FSL in Stavanger, Norway, to support one of the largest S-92® helicopter operating regions in the world. Sikorsky also expects to open an FSL in Aberdeen, Scotland, this year. Read more on this. , valued at $recting to http://finance.ya, ended trading yesterday at $. Today’s price range has been between $ per share and has traded between $ over the past year. LMT shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $ would be a $0.00 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. In terms of ratings, d LMT from to (/fi). Previously, d LMT from to . The average price target for LMT shares is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:LMT) Similar Articles: Company Update: Lockheed Martin Corporation (NYSE:LMT) – Sikorsky and Turkish Industry Launch Program to Build T70 Utility Helicopters Company Update: Lockheed Martin Corporation (NYSE:LMT) – Thai Aviation Services Selects Fleet of Sikorsky Helicopters to Support Gulf of Thailand Operations Stock Update (NYSE:LMT): Sikorsky Releases Flight Crew Operating Manual for S-92® and S-76D™ Helicopters
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