Sunday, June 22, 2014

5 Best Defense Stocks To Invest In Right Now

5 Best Defense Stocks To Invest In Right Now: Lockheed Martin Corporation(LMT)

Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the areas of defense, space, intelligence, homeland security, and government information technology in the United States and internationally. It also provides management, engineering, technical, scientific, logistic, and information services. The company operates in four segments: Aeronautics, Electronic Systems, Information Systems & Global Services (IS&GS), and Space Systems. The Aeronautics segment offers military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. Its products and programs comprise the F-35 multi-role, stealth fighter; the F-22 air dominance and multi-mission stealth fighter; the F-16 multi-role fighter; the C-130J tactical transport aircraft; and the C-5M strategic airlifter modernization program; and support for the P-3 maritime patrol aircraft, and the U-2 high-altitude reconnaissance aircraft. The Electronic Systems segment provides air and missile defense; tactical missiles; weapon fire control systems; surface ship and submarine combat systems; anti-submarine and undersea warfare systems; land, sea-based, and airborne radars; surveillance and reconnaissance systems; simulation and training systems; and integrated logistics and sustainment services. The IS&GS segment offers information technology solutions and advanced technology primarily in the areas of software and systems integration for space, air, and ground systems to various defense and civil government agencies. The Space Systems segment provides government and commercial satellites; strategic and defensive missile systems, including missile defense technologies and systems, and fleet ballistic missiles; and space tr! ansportation systems. Lockheed Martin Corporation was founded in 1909 and is based in Bethesda, Maryland.

Advisors' Opinion:
  • [By Quick Pen]

    American aerospace and defense giant Lockheed Martin (LMT) recently announced its plans of acquiring the satellite wing of Astrotech Corp. (ASTC), Astrotech Space Operations. Lockheed expects to close the deal by the third quarter of the current year. After the deal closes, Astrotech Space Operations would become the wholly owned subsidiary of Lockheed Martin and would operate under the company's Space Systems business segment.

  • [By MONEYMORNING.COM]

    For its part, Lockheed Martin Corp. (NYSE: LMT) is well-known for making military aircraft. But the firm also supplies combat ships and ground vehicles as well as advanced radar and tactical communications.

  • [By Rich Smith]

    Lockheed Martin (NYSE: LMT  )
    Lockheed Martin, in contrast, has almost no ties to the A-10 program whatsoever. Yet, it's arguably the single company most interested in the aircraft's fate.

  • [By Mike Deane]

    Before the opening bell on Tuesday, Lockheed Martin (LMT) reported its first quarter earnings, with net sales decreasing and earnings increasing over last year’s Q1.

    LMT’s Earnings in Brief

    Lockheed Martin reported first quarter revenues of $10.65 billion, down from last year’s Q1 revenues of $11.07 billion. Net earnings for the quarter came in at $933 million, a significant increase over last year’s Q1 figure of $761 million. The company's diluted EPS came in at $2.87 for the quarter, compared to last year’s figure of $2.33. LMT shattered analysts’ EPS estimates of $2.53, but came in below revenue estimates of $10.9 billion.

    CEO Commentary

    LMT’s chairman, president and CEO, Marillyn Hewson, had the following to say: ”The strong earnings and operating cash delivered in the first quarter are a resul! t of our ! continued focus on program performance, affordability and meeting commitments to our customers. Our diverse portfolio of products and services, investment in future innovations and dedicated workforce give me confidence that we’ll continue to deliver outstanding results for our customers and return value for our shareholders.”

    LMT’s Dividend

    Lockheed Martin most recently paid a quarterly dividend of $1.33 on March 28. We expect the company to declare a dividend of $1.33 in the next week.

    Stock Performance

    LMT stock was inactive in pre-market trading. YTD, the company’s stock is up 10.56%.

    LMT Dividend Snapshot

    As of Market Close on April 21, 2014

    Click here to see the complete history of LMT dividends.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-defense-stocks-to-invest-in-right-now.html

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