News just in ....
Mon, January 24, 2022, 6:14 PM
Latest Developments: LMT beat the expectations for 2021 F-35 deliveries, delivering 142 jets to domestic and international customers, 3 more than expected. For 2022 the guided production goal is at 151-153 jets. While the company made deals with Switzerland and Finland in 2021,
the focus is now on Canada, which needs to replace its fighter jet fleet, for a potential contract of US$14.8b. Furthermore, the company signed a variety of new deals and modifications:
US$847m contract modification regarding materials, parts & components for F-35 Joint Strike Fighter aircraft
US$492m contract modification for logistic support to F-35 Joint Strike Fighter aircraft
US$324m contract modification to support the calendar year 2022 modification and retrofit activities for the F-35 Joint Strike Fighter program
US$286.4m modification contract for The Missle Defense Agency
US$102.4m contract for production and delivery of hardware components for Apache Attack Helicopter
This is an incomplete list of multi-billion contracts and modifications that the company received in several weeks.
https://www.yahoo.com/finance/news/lockheed-martin-nyse-lmt-potentially-111422976.html
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Go QHL !! houston ..... all systems are check and ready for lift off !! roger QHL !
Lockheed Martin (NYSE:LMT) - A Potentially Undervalued Dividend Payer That is Outperforming the Downturn
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