Lockheed Martin Corp. (LMT)

Index:

S&P 100

$ 463.96
   
  • Change Today:
    $-5.24
  • 52 Week High: $614.61
  • 52 Week Low: $423.19
  • Currency: US Dollars
  • Shares Issued: 234.00m
  • Volume: 1,845,269
  • Market Cap: $108,567m
  • RiskGrade: 96
  • Beta: 0.21

Trump criticises cost overruns on Lockheed Martin´s F35 programme

By Alexander Bueso

Date: Monday 12 Dec 2016

LONDON (ShareCast) - (ShareCast News) - Shares in US defense and space engineering group Lockheed Martin were sent lower at the start of the week following criticism from US President-elect via social platform Twitter.
In a tweet posted to his account, Donald Trump echoed fairly prevalent criticism in the industry of cost overruns in the company´s F-35 next-generation fighter jet development programme.

"The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th," Trump said.





The F-35 Lightining II is a so-called 5th Generation fighter sporting advanced stealth capabilities which is meant to become the next leading-edge platform for the US Air Force, Navy and Marines, as well for the armed forces of nearly 10 US allies, including the UK, Netherlands and Australia.

As of 1402 GMT shares in the engineer were down 2.70% at $252.51.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LMT Market Data

Currency US Dollars
Share Price $ 463.96
Change Today $ -5.24
% Change -1.12 %
52 Week High $614.61
52 Week Low $423.19
Volume 1,845,269
Shares Issued 234.00m
Market Cap $108,567m
Beta 0.21
RiskGrade 96

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 10
Sell 2
Strong Sell 0
Total 22
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 18-Jul-2025

Time Volume / Share Price
16:00 648,981 @ $463.96
16:00 488 @ $464.10
16:00 171 @ $464.10
16:00 3,917 @ $464.11
16:00 1,781 @ $464.10

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