Previous close | 44.16 |
Open | 42.49 |
Bid | 77.40 |
Ask | 85.40 |
Strike | 500.00 |
Expiry date | 2024-06-21 |
Day's range | 41.16 - 45.54 |
Contract range | N/A |
Volume | |
Open interest | 16 |
Key Insights Given the large stake in the stock by institutions, Lockheed Martin's stock price might be vulnerable to...
A good defense is supposed to be the best offense, but Lockheed Martin returns would make any investor defensive. Lockheed is the quintessential defense “prime” contractor, delivering F-35 joint strike jet fighters, Blackhawk combat helicopters, satellite systems, Hellfire missiles, lasers, drones, cruise missiles, hypersonic weapons, and more. Lockheed has been beset by problems ranging from supply-chain issues, which limited production, to concerns about government military spending.
Texas-based Firefly makes small and medium launch vehicles for commercial launches to orbit. Its small-launch vehicle, Alpha, will fly Lockheed's spacecraft and payload into low-Earth orbit from its facilities on west and east coasts, Lockheed said. The lower-cost launch vehicles would help reduce risk for its self-funded technology demonstration missions, Lockheed said.