AI Prospecting for Lockheed Martin

Lockheed Martin is nearing a firm contract with the US Department of Defense for F-35 production Lots 18 and 19, with a "handshake deal" in place and final agreement expected by the end of 2024. The contract will include higher per-aircraft prices due to inflation and modernization costs[1][2][3].

Lockheed Martin reported third quarter 2024 net sales of $17.1 billion, with net earnings of $1.6 billion, or $6.80 per share. The company saw increases in net sales from tactical and strike missile programs and integrated warfare systems, but faced delays in F-35 Lots 18-19 production contract negotiations[1]. Lockheed Martin declared a fourth quarter 2024 dividend of $3.30 per share, a $0.15 increase, and announced Chauncey McIntosh as the new vice president and general manager of the F-35 Lightning II Program, effective December 1, 2024[2][4]. Sikorsky, a Lockheed Martin company, received a $6 million award from DARPA to add autonomy to U.S. Army-owned Black Hawk helicopters using the ALIAS/MATRIX™ system[2][3][4].

Lockheed Martin declared a fourth quarter 2024 dividend of $3.30 per share, a $0.15 increase. Chauncey McIntosh will become the new vice president and general manager of the F-35 Lightning II Program, effective December 1, 2024. Sikorsky, a Lockheed Martin company, received a $6 million DARPA award to add autonomy to U.S. Army-owned Black Hawk helicopters using the ALIAS/MATRIX™ system[2][3][4].