Market Update: Lockheed Martin Corporation (NYSE:LMT) – AIRSHOW-Tech transfer, domestic production play growing role in arms deals

[Reuters] – Technology transfers and commitments to build and buy equipment locally have become key determinants in which companies win global arms sales orders, U.S. industry executives say. Lockheed Martin Corp, Boeing Co, Raytheon Co and other U.S. companies have boosted their foreign orders sharply in recent years as demand for U.S. weapons has increased. “If you want to be successful in any country, you have to have content in that country,” said Steve O’Bryan, head of business development for Lockheed Martin Corp’s Mission Systems and Training, which includes Sikorsky helicopters. Read more on this. , with a current market cap of $recting to http://finance.ya, finished at $. Looking at today’s trading action, the company’s one day range from $ with its 52-week range being $. 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. Consensus earnings for the current quarter by the 0 sell-side analysts covering the stock is an estimate of $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $, which would be a $0.00 worse when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $0.00 . If reported, 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 by the analysts covering it is $, which is 0.00% below where the stock opened. See more in (NYSE:LMT) Similar Articles: Stock Update: Lockheed Martin Corporation (NYSE:LMT) – Lockheed Martin, Arabsat and KACST Achieve Significant Milestone on Arabsat 6A and Hellas-Sat-4/SaudiGeoSat-1 Satellite Production Stock Update: Lockheed Martin Corporation (NYSE:LMT) – Lockheed, Austal each win deals to build new U.S. Navy ships Market Update: Lockheed Martin Corporation (NYSE:LMT) – For Lockheed Martin, cash is no longer king following big transactions
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