Lockheed Martin stock is Money Morning's Pick of the Week.
One of the primary U.S. defense contractors, Lockheed Martin Corp. (NYSE: LMT) is a stock that can serve as a counterweight to the current market volatility.
LMT stock has vastly outperformed the market over the past three years and has held up well through the recent volatility.
But despite its impressive gains, Lockheed Martin stock still has much to offer new investors...
Lockheed Martin stock is Money Morning's Pick of the Week.
One of the primary U.S. defense contractors, Lockheed Martin Corp. (NYSE: LMT) is a stock that can serve as a counterweight to the current market volatility.
LMT stock has vastly outperformed the market over the past three years and has held up well through the recent volatility.
But despite its impressive gains, Lockheed Martin stock still has much to offer new investors...
Lockheed Martin stock just received a huge catalyst this morning after the company announced a $262.8 million contract with the U.S. Air Force.
Through the contract, Lockheed Martin Corp. (NYSE: LMT) will service Saudi Arabia's F-15 sniper targeting systems and radars. Those systems allow for day and night low-level navigation.
Here's what the deal means for Lockheed Martin stock...
Lockheed Martin stock was little changed Wednesday at $203.53 as the global security and aerospace titan rolled out its first highly anticipated F-35A Lightning II for the Norwegian Armed Forces.
Despite the muted reaction, Lockheed Martin stock is poised to rise.
Yesterday (Wednesday), a number of key defense stocks were up big.
Leading the pack was Northrop Grumman Corp. (NYSE: NOC). NOC stock soared 6.2%. Raytheon Co. (NYSE: RTN) stock was up 4.1%. General Dynamics Corp. (NYSE: GD) jumped 3.9%. And Lockheed Martin Corp. (NYSE: LMT) stock got a 2.2% bump.
So how do defense stocks continue to soar even as the Pentagon pulls back?
What if the F-35 is cancelled?
That's a question that has no doubt been on the mind for every holder or prospective buyer of Lockheed Martin Corp. (NYSE: LMT) stock.
But even without this massive contract, LMT stock will survive. Here's why...
We may be looking at a blockbuster acquisition with Lockheed Martin Corp. (NYSE: LMT) prepared to front $8 billion for United Technologies Corp.'s (NYSE: UTX) Sikorsky Aircraft.
Will Lockheed Martin buy Sikorsky Aircraft?
It's certainly an intriguing purchase. Here's what it means for both Lockheed Martin and Sikorsky...
The 51st Bi-Annual Paris Air Show was the event of the year for the Aerospace industry.
Held in Le Bourget Airport in Paris, France, this prestigious air show has brought together industry leaders from across the globe to hunt for new commercial opportunities - and over 2115 exhibitors marketing their latest and greatest projects.
As the largest and longest-running aerospace trade show in the world, the Paris Air Show features companies from over 44 different countries, 285 official delegations, 3,100 international journalists, and nearly 139,000 professionals year after year.
But you don't have to be perusing the Parisian halls of Le Bourget to be a part of the action.
But that is just the tip of the iceberg...
Our Money Morning 2015 top stock picks show that the sentiment for one of the lesser-known defense stocks is really ramping up.
Kratos Defense & Security Solutions Inc. (Nasdaq: KTOS) may not be gunning for the huge contracts like Lockheed Martin Corp. (NYSE: LMT) or Raytheon Co. (NYSE: RTN), but it's mopping up this year.
Here's why it's up more than 30% this year and still has upside.
In baseball and football, making the cover of Sports Illustrated is the Holy Grail recognition achievement.
In modeling, it's the cover of Vogue.
And in the world of innovation, making the cover of Popular Science gives you top bragging rights.
And we've found a company that just has...
The Lockheed Martin stock price remained unmoved in morning trading on the release of Lockheed Martin earnings.
A big contributor to the Lockheed Martin earnings miss on revenue came from a 7.4% decline in its aeronautics segment. If investors are ever hesitant to buy Lockheed Martin stock, it would come from negative developments on this front.
But here's the real story behind the falling jet sales...
The Lockheed Martin stock price (NYSE: LMT) this year has been sensitive to developments in the Joint Strike Fighter program.
Investors can expect this LMT stock price driver to be around for some time.
That's enough to sour some investors on Lockheed Martin stock. Don't let it deter you...
The commercialization of space is estimated to be worth more than $300 billion a year.
Over the past two decades, the role of private industry has grown as that of the government has shrunk, opening up new investing opportunities in the "final frontier."
Choosing the best stock to buy to play the commercial space race has enormous upside potential for investors.
That's because the private space industry is worth billions. Exemplar is news today (Tuesday) that NASA awarded Boeing (NYSE: BA) and SpaceX - which is backed by Tesla (Nasdaq: TSLA) CEO Elon Musk - a whopping $6.8 billion contract for its Commercial Crew program.
Boeing stock is up 78% this year. And that's despite getting hit by a lot of widely reported problems with its 787 Dreamliner commercial aircraft as well as the ever-looming threat of defense spending cuts. Not many companies can bull their way through such setbacks and emerge a strong buy.
Here's why investors have so much confidence in Boeing...
