Fake tweets from ‘verified’ Twitter accounts spur real losses for Lilly and Lockheed stock

Hoaxers taking advantage of Twitter’s new loosened rules for getting “verified” accounts have flooded the app with fake messages from celebrities and corporations, apparently slamming the stock prices of Eli Lilly (NYSE:LLY) and Lockheed Martin (NYSE:LMT) in the process. Lilly (LLY) fell some 4.5% Friday after someone used a verified account designed to look like … Read more

Lockheed Martin tops list of Pentagon contract recipients at $39.2B (NYSE:LMT)

Dondi Tawatao/Getty Images News Lockheed Martin (NYSE:LMT) was the biggest recipient of contracts from the U.S. Department of Defense in 2021, according to a report released Thursday. The company, whose products include the F-35 fighter jet and Himars missile system, received $39.2 billion in contracts last year. Drugmakers Pfizer (NYSE:PFE) and Moderna (NASDAQ:MRNA) were newcomers … Read more

Lockheed to boost HIMARS production – Politico — RT World News

The US-based company will reportedly make more rocket launchers to be sent to Kiev Lockheed Martin will ramp up production of M142 HIMARS multiple rocket launchers as the US promised to send more weapons to Ukraine amid the conflict with Russia, Politico reported on Tuesday, citing CEO Jim Taiclet’s call with investors. According to the … Read more

Why did Lockheed surge today? Q3 earnings beat, buyback plan send stock flying (NYSE:LMT)

rancho_runner/iStock via Getty Images Lockheed Martin (NYSE:LMT) soared Tuesday to its biggest daily gain in more than two years, closing +8.7% after beating Q3 earnings estimates and increasing its stock buyback authorization by $14B. Q3 adjusted earnings came in at a stronger than expected $6.87/share, and cash flow from operations jumped 62% to $3.13B, but … Read more

Lockheed beats estimates on F-35 sales, maintains guidance

The F-35 has had several recent successes in jet fighter competitions, including in Finland, Switzerland, and Germany The F-35 has had several recent successes in jet fighter competitions, including in Finland, Switzerland, and Germany U.S. weapons maker Lockheed Martin Corp reported better-than-expected quarterly revenue on Tuesday, helped by higher sales in its aeronautics unit, which … Read more

Raytheon tops Lockheed, Boeing for $1B hypersonic cruise missile order (NYSE:RTX)

Elen11/iStock via Getty Images Raytheon Technologies (NYSE:RTX) +0.7% post-market Thursday after beating Lockheed Martin (LMT) and Boeing (BA) for a $985M contract award from the U.S. Department of Defense contract to design, develop and produce the new Hypersonic Attack Cruise Missile. The HACM, which will use air-breathing propulsion to reach 5x the speed of sound, … Read more

Lockheed Martin L1011 Tristar: Eerie abandoned passenger plane sits on floor of Red Sea

(CNN) — Coming across this unexpected shape on the seabed is enough to take your breath away — so it’s a good job you’d probably have a tankful of breaths strapped to your back. The venerable old Lockheed Martin L1011 Tristar airplane, with its three engines, mounted on wings and tail fin, would be a … Read more