最新ニュース Lockheed Martin (NYSE:LMT) 株価情報

Lockheed Martin

Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.

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本日の注目ポイントは以下の通りです。投機的なセンチメント以下の点に注目：この記事は個別の銘柄ではなく、大局についてのものである。TSLA株のチャートはさまざまな視点について示すために使用されている。

ヒューマロイドロボットの競争激化　市場は投機的に

Short Sellers

Short Ideas

ロッキード・マーティン（NYSE：LMT）のフロートのショート比率（割当株式に対する空売り株の割合）が、前回の報告から15.05％増のなっている。同社は最近、215万株が空売りされたと報告しており、これは取引可能な全ての普通株式のうち1.07％に相当する。取引量と合わせると、空売りポジションをカバーするには、平均して2.43日の取引が必要だ。

ロッキード・マーティン　215万株の空売りに直面

Lockheed Martin Corp

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LOCKHEED MARTIN ORD

In the current market session, Lockheed Martin Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) stock price is at $605.14, after a 0.11% decrease. However, over the past month, the company's stock increased by 6.80%, and in the past year, by 38.63%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1728069370_0.png" alt="Past Year Chart" />

<h3>How Does Lockheed Martin P/E Compare to Other Companies?</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 85.93 in the Aerospace &amp; Defense industry, Lockheed Martin Inc. has a lower P/E ratio of 21.99. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1728069370_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

P/E Ratio Insights for Lockheed Martin

Lockheed Martin Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmt#NYSE">LMT</a>) announced that its board of directors approved a 4.8% hike in its quarterly dividend to $3.30 per share, marking the 22nd consecutive annual dividend hike. The revised quarterly dividend is payable on Dec. 27, 2024, to shareholders of record at the close of the business on Dec. 2, 2024.
The company&#39;s new annualized dividend rate is $13.20. The current dividend yield is 2.08%, better than the Zacks S&amp;P 500 composite&#39;s 1.24%.
Along with dividend payments, Lockheed&#39;s management continues to increase shareholder value by repurchasing shares. The board authorized an additional $3 billion for share repurchases, which resulted in a total authorization under the repurchase program of nearly $10 billion.
<h2>Can Lockheed Sustain Dividend Hikes?</h2>
Lockheed has a platform-centric focus and leveraged presence in the Army, Air Force, Navy and IT programs of the U.S. Department of Defense that guarantee a steady inflow of follow-on orders. The company continues to clinch big defense deals from the U.S. government and allied countries. As a consequence, it exited the second quarter of 2024 with a record backlog of $158.3 billion, backed by increasing demand and a rising global defense budget. This shall boost LMT&#39;s sales growth and cash flow in the coming quarters.
Apart from domestic orders, the company also enjoys the advantage of having a wide international customer base. In the second quarter of 2024, 25.8% of total net sales were from international customers. The company is focused on expanding its international footprint, which continues to support earnings.
Lockheed Martin is the largest U.S. defense contractor with a platform-centric focus that guarantees a steady inflow of follow-on orders from its leveraged presence in the Army, Air Force, Navy and IT programs. The F-35 program continues to be a key growth program for Lockheed. The production of F-35 jets is expected to continue for many years ahead, given the U.S. government&#39;s current inventory target of 2,456 aircraft for the Air Force, Marine Corps and Navy. This will support its top line and boost its earnings.
Courtesy of Lockheed&#39;s global presence, strong backlog, F-35 program and contract wins, the company continues to generate strong operating cash flow, which provides assurance that it will be able to sustain shareholder-friendly moves in the future as well.
<h2>Other Aerospace Companies&#39; Recent Dividend Hikes</h2>
Here are some defense companies that have been rewarding shareholders with impressive dividend payouts. 
On May 14, 2024, Northrop Grumman Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/noc#NYSE">NOC</a>) announced that its board of directors approved a 10% hike in its quarterly dividend to $2.06 per share, marking the 21st consecutive annual dividend hike. 
Northrop boasts a long-term (three to five years) earnings growth rate of 8.7%. The Zacks Consensus Estimate for NOC&#39;s 2024 sales implies an improvement of 5.4% from the previous year&#39;s level.
On May 10, 2024, Curtiss-Wright (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cw#NYSE">CW</a>) announced that its board of directors declared a 5% increase in the quarterly dividend to 21 cents per share. The company authorized an additional $300 million for future share repurchases, increasing the total available authorization to $400 million.
Curtiss-Wright boasts a four-quarter earnings surprise of 11.52%, on average. The Zacks Consensus Estimate for CW&#39;s 2024 sales implies an improvement of 7.1% from the prior-year figure.
On May 2, 2024, RTX Technologies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rtx#NYSE">RTX</a>) announced a dividend of 63 cents per, calling for an increase of 6.8% over the prior quarter&#39;s dividend amount.
RTX Technologies has a long-term earnings growth rate of 10.4%. The Zacks Consensus Estimate for RTX&#39;s 2024 sales calls for an improvement of 7% from the prior-year figure.
<h2>LMT Stock Price Movement</h2>
In the past three months, shares of LMT have rallied 31.1% compared with its industry&#39;s rise of 12.2%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/68/80333.jpg?v=301050165" />
Image Source: Zacks Investment Research
<h2>LMT&#39;s Zacks Rank</h2>
Lockheed Martin currently carries a Zacks Rank #2 (Buy).
<a href="https://www.zacks.com/stock/news/2345980/lockheed-shares-more-profit-raises-dividend-buyback-authorization?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2345980">To read this article on Zacks.com click here.</a>

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Large Cap

Dividends

Contracts

Buybacks

Analyst Ratings

Lockheed Shares More Profit, Raises Dividend & Buyback Authorization

Retail industry veteran Seth Golden recently warned that, according to a widely used oscillator Williams %R, the <a href="https://www.benzinga.com/topic/s-p-500">S&amp;P 500</a> has been overbought for an entire year.
Golden, a hedge fund consultant who previously worked for household names such as Target and now-defunct Bed Bath &amp; Beyond, pointed out that this is just the 23rd time in history that this has occurred.
Based on historical data he shared in a post on <a href="https://x.com/SethCL/status/1841808020705075700">X</a>, he pointed out that when this happened, it continued the same trend for the rest of the year — posting a fourth-quarter median return of 5.29%.
<a href="https://www.benzinga.com/11/04/1035270/pros-and-cons-of-williams-r-indicator">Williams %R</a>, often dubbed the Williams percent range, is a momentum indicator. It measures the overbought and oversold levels on a scale from 0 to 100. A reading above -20 is overbought and a reading below -80 is oversold.
Golden used a 28-month parameter, an industry standard for this indicator.
See Also: <a href="https://www.benzinga.com/general/travel/24/10/41172625/will-airlines-soar-or-stall-what-insider-trades-say-about-airline-industrys-future">Will Airlines Soar Or Stall? What Insider Trades Say About Industry&#8217;s Future</a>
Looking deeper into the list of overbought stocks brings an interesting mix of domestic and foreign catalysts.
Lockheed Martin's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) presence on this list is unsurprising. The leading aerospace and defense manufacturer&#8217;s stock hit a fresh all-time high, reaching $609 and giving it a market cap of over $144B. The firm benefits from increased defense spending during <a href="https://www.benzinga.com/news/global/24/10/41126038/iran-attacks-israel-with-missiles-middle-east-tensions-escalates-s-p-500-stocks-bitcoin-fall-as-oil">escalating global conflicts</a> and with a <a href="https://www.benzinga.com/news/earnings/24/10/41164528/lockheed-wins-2-1b-contract-to-aid-trident-ii-d5-missile-program">new multi-billion U.S. Navy contract</a> it landed last Thursday. Despite a hefty $19.26B debt, the firm has the balance sheet to easily manage it, plus pay a reliable 2.1% dividend. Its Williams %R overbought score is currently -11.41.
Next on the list is Lowe's Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>), a North Carolina-based retailer specializing in home improvement. It recently hit a new all-time high of $274.16. Along with other home improvement stocks, Lowe <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41008424/lowes-set-for-delayed-benefits-from-macro-demand-improvements-says-optimistic-analy">experienced a surge</a> following the FED's rate cut. Still, this strong performance is surprising, given the firm's revenue decline of nearly 10% year over year and dimmed future growth projections. Its Williams %R overbought score is currently -5.71.
Entergy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>) has been a utility industry standout, delivering an almost 30% return year-to-date. Despite such numbers, the stock trades at a reasonable P/E ratio of 15.9x, below some of its peers like Exelon or FirstEnergy.
Entergy provides electric power to the southern U.S. states, benefiting from rapid energy growth in states such as Texas. Investors expect the company to scale with its target market, with a booming population and increased industrial activity prompting higher energy consumption. The stock's Williams %R overbought score currently stands at -7.41.
Read Next: <a href="https://www.benzinga.com/government/24/10/41172781/oil-prices-rally-biden-confirms-us-discussions-with-israel-about-striking-iran-facilities"> •&nbsp;Oil Prices Rally: Biden Confirms US &#8216;Discussions&#8217; With Israel About Striking Iran Facilities</a>
Photo: Shutterstock

Analyst Color

Equities

Why S&P 500's Year-Long Overbought Signal Has This Expert Talking, Plus 3 Stocks To Watch

Deutsche Bank analyst Scott Deuschle maintains Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) with a Buy, raising the <a target="_blank" href="https://www.benzinga.com/quote/LMT/analyst-ratings" rel="noreferrer noopener">price forecast from&nbsp;$600&nbsp;to&nbsp;$620.</a>
The analyst suggests that Lockheed Martin likely prefunds its pension in the fourth quarter, although the company may delay a formal announcement until after it&#8217;s completed.
Deuschle adds that the associated debt issuance for this funding is expected to occur sooner.
The analyst forecasts third-quarter EPS of $6.70, approximately 4% above the Street&#8217;s estimate of $6.47.
Deuschle sees revenue of around $17.4 billion, which is $100 million below the Street&#8217;s expectation, as the analyst incorporates the $500 million F-35 contract delay impact at Aeronautics, which is not fully reflected in the Street&#8217;s projections.
The analyst identifies the greatest upside potential in Space, noting that underlying margins excluding United Launch Alliance (ULA)&nbsp;are expected to decline significantly in the second half.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/09/41012117/lockheed-martins-unit-secures-contract-for-ch-53k-gearbox-assemblies" rel="noreferrer noopener">Lockheed Martin&#8217;s Unit Secures Contract for CH-53K Gearbox Assemblies</a>
This outlook seems conservative, considering that two major contracts—Orion and OPIR—are entering a highly mature phase of their production lifecycle.
The analyst projects a third-quarter revenue beat, which may lead to an upward revision of the full-year revenue guidance, potentially nearing $72 billion.
Deuschle also sees a 1%-2% increase to the midpoint of the full-year segment EBIT guidance, especially if EBIT upside is realized in Space during the third quarter, as seen in the first half.
The analyst sees the company offer some indication for 2025 financial trends.
Given the firm&#8217;s conservative track record, the analyst sees the company is likely to project approximately 3% revenue growth and reiterates its target for 10-20 basis points of margin expansion.
Deuschle also projects a dividend increase announcement ahead of earnings, and the buyback authorization will likely be topped up.
Price Action: LMT shares are trading lower by 0.29% to $601.79 at last check Thursday.
Photo via Shutterstock
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Price Target

Reiteration

General

Lockheed Martin's Greatest Upside Potential Is In Space: Analyst Sees Dividend Hikes, Buyback Top Ups

Lockheed Martin Corp.&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmt#NYSE">LMT</a>) business segment, Space Systems, recently clinched a modification contract for manufacturing its Trident II D5 missile. Per the terms of the deal, Lockheed will also offer deployed systems support and Warhead 93/Mark7 development for Trident II D5 missile.&nbsp;
<h2>Details of the Deal</h2>
Valued at $2.11 billion, the contract is projected to be completed by Sept. 30, 2029. The award has been provided by the Strategic Systems Programs, Washington, D.C.
A major portion of work related to this deal will be carried out in Denver, CO, Valley Forge, PA, Titusville, FL and Magna, UT.
<h2>LMT Stock&#39;s Place in Missile Market</h2>
Lockheed is a well-known manufacturer of missiles and missile defense systems in the global defense industry. While its Missiles and Fire Control&nbsp;business segment provides air and missile defense systems, tactical missiles and air-to-ground precision strike weapon systems like the Patriot Advanced Capability-3 (PAC-3), Terminal High Altitude Area Defense and Hellfire missiles, its Space Systems division builds notable strike missile as well as missile defense systems like the Next Generation Interceptor (NGI).&nbsp;
As far as Lockheed&#39;s Trident II D5 missile is concerned, it is the latest generation of the U.S. Navy&#39;s submarine-launched fleet ballistic missiles, following the highly successful Polaris, Poseidon and Trident I C4 programs. The fact that this program is the only submarine-launched intercontinental ballistic missile currently in production in the United States surely highlights its significance in the country&#39;s naval defense and the solid demand the company enjoys in the missile marketplace. The latest contract win is a bright example of that.&nbsp; &nbsp;
With such unique featured missile products in its portfolio, Lockheed frequently enjoys a solid order flow for the company&#39;s missiles from the Pentagon and other U.S. allies. This boosts the top-line growth for its MFC and Space Systems unit. Evidently, LMT&#39;s MFC unit registered 12.6% year-over-year growth in its sales in the last reported quarter, while Space Systems witnessed a 1% top-line rise.&nbsp;
<h2>What Lies Ahead for LMT Stock?</h2>
In the past decade, nations across the globe have significantly increased their spending on military equipment and weaponry to modernize and upgrade their defense systems in the face of rapidly rising geopolitical tensions and cross-border disputes worldwide. Amid this backdrop, the demand for missiles has also gained substantial momentum as these play a very important role in military missions.
This must have prompted the Morder Intelligence firm to predict that the global missile and missile defense systems market will witness a CAGR of 5% in the 2024-2029 period. Such solid market expansion projections exemplify immense growth opportunities for Lockheed.
Notably, the company&#39;s Space Systems unit&#39;s major programs include the Next Generation Overhead Persistent Infrared (Next Gen OPIR) system, which provides the U.S. Space Force with enhanced worldwide missile warning capabilities, apart from the Trident II missile. Moreover, its NGI program utilizes next-generation propulsion and sensors to provide homeland missile defense.
<h2>Growth Opportunities for LMT&#39;s Peers</h2>
Apart from LMT, other prominent defense majors that are likely to enjoy the perks of the expanding global missile and missile defense market are mentioned below:
Northrop Grumman (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/noc#NYSE">NOC</a>): It manufactures notable strike missiles like the Advanced Anti-Radiation Guided Missile Extended Range (AARGM-ER), which is a supersonic, air-launched tactical missile system. NOC&#39;s Missile Products business unit is a leading U.S. provider of solid rocket propulsion for national security and defense, providing stages for weapon systems, such as air-launched missiles, interceptors, submarine-launched systems and hypersonic missile systems.
NOC has a long-term earnings growth rate of 8.7%. The Zacks Consensus Estimate for its 2024 sales implies growth of 5.4% from the prior-year reported figure.
The Boeing Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>): Its air and missile defense systems have been protecting the United States, warfighters, allies and international partners against threats ranging from intercontinental ballistic missiles to hostile aircraft for the past 25 years. Its renowned missile and related products include the Aegis Ballistic Missile Defense, PAC-3 Missile Seeker, Ground-Based Midcourse Defense and a few more.&nbsp;
BA boasts a long-term earnings growth rate of 21.3%. The Zacks Consensus Estimate for BA&#39;s third-quarter 2024 sales indicates growth of 10% from the prior-year reported figure.
RTX Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rtx#NYSE">RTX</a>): It is a renowned manufacturer of missiles and missile defense systems. RTX&#39;s product portfolio includes combat-proven missiles like the TOW missile, Guidance Enhanced Missile, Advanced Medium Range Air-to-Air Missile, Tomahawk, Standard Missile 2 and a few more.&nbsp;
RTX boasts a long-term earnings growth rate of 10.4%. The Zacks Consensus Estimate for its 2024 sales indicates growth of 7% from the prior-year reported figure.
<h2>Price Movement</h2>
In the past year, shares of Lockheed have surged a solid 49.3% compared with the industry&#39;s growth of 17.9%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/23/80164.jpg?v=635114415" /> 
Image Source: Zacks Investment Research
<h2>Zacks Rank</h2>
LMT currently carries a Zacks Rank #2 (Buy).
<a href="https://www.zacks.com/stock/news/2345287/lockheed-wins-2-1b-contract-to-aid-trident-ii-d5-missile-program?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2345287">To read this article on Zacks.com click here.</a>

Lockheed Wins $2.1B Contract to Aid Trident II D5 Missile Program

Management

IAM Says New Agreement With Kentucky Lockheed Martin Features Wage Increases Of 4%, 3%, 3.5% And 3.5%; More Than 300 IAM Local 219 (District 1888) Members At Lockheed Martin At Bluegrass Station Voted To Ratify Their First Agreement

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Morgan Stanley raised the price target for Transocean Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIG#NYSE">RIG</a>) from $5 to $6. Morgan Stanley analyst Daniel Kutz maintained an Equal-Weight rating. Transocean shares fell 1.4% to close at $4.33 on Wednesday. <a href="https://www.benzinga.com/quote/RIG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho lowered the price target for Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) from $17 to $8. Mizuho analyst Vijay Rakesh downgraded the stock from Neutral to Underperform. Wolfspeed shares gained 2.9% to close at $9.15 on Wednesday. <a href="https://www.benzinga.com/quote/WOLF/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group slashed Academy Sports and Outdoors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) price target from $65 to $60. Evercore ISI Group analyst Greg Melich downgraded the stock from Outperform to In-Line. Academy Sports and Outdoors shares fell 1.3% to close at $55.56 on Wednesday. <a href="https://www.benzinga.com/quote/ASO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank raised Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) price target from $600 to $620. Deutsche Bank analyst Scott Deuschle maintained a Buy rating. Lockheed Martin shares fell 0.4% to close at $603.20 on Wednesday. <a href="https://www.benzinga.com/quote/LMT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank slashed The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) price target from $225 to $195. Deutsche Bank analyst Scott Deuschle maintained a Buy rating. Boeing shares fell 0.9% to close at $152.89 on Wednesday. <a href="https://www.benzinga.com/quote/BA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities raised the price target for CME Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CME#NASDAQ">CME</a>) from $177 to $180. B of A Securities analyst Craig Siegenthaler maintained an Underperform rating. CME fell 0.8% to close at $223.57 on Wednesday. <a href="https://www.benzinga.com/quote/CME/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank raised GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) price target from $212 to $235. Deutsche Bank analyst Scott Deuschle maintained a Buy rating. GE Aerospace shares gained 0.1% to close at $186.44 on Wednesday. <a href="https://www.benzinga.com/quote/GE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler raised the price target for On Holding AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>) from $52 to $56. Piper Sandler analyst Anna Andreeva maintained an Overweight rating. On Holding shares fell 0.3% to close at $49.21 on Wednesday. <a href="https://www.benzinga.com/quote/ONON/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B. Riley Securities cut CoreCard Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCRD#NYSE">CCRD</a>) price target from $19 to $15. B. Riley Securities analyst Hal Goetsch downgraded the rating from Buy to Neutral. CoreCard shares fell 4.6% to close at $13.89 on Wednesday. <a href="https://www.benzinga.com/quote/CCRD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley cut New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>) price target from $35 to $15. Morgan Stanley analyst Devin McDermott downgraded the stock from Overweight to Equal-Weight. New Fortress Energy shares fell 7.6% to close at $8.94 on Wednesday. <a href="https://www.benzinga.com/quote/NFE/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying GE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03081857/image-13-1024x512.png" alt="" class="wp-image-578508" style="width:618px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03081857/image-13-1024x512.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03081857/image-13-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03081857/image-13-768x384.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03081857/image-13.png 1342w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Pre-Market Outlook

CCRD

ONON

WOLF

GE Aerospace To Rally Around 26%? Here Are 10 Top Analyst Forecasts For Thursday

Deutsche Bank analyst Scott Deuschle maintains Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) with a Buy and raises the price target from $600 to $620.

Deutsche Bank Maintains Buy on Lockheed Martin, Raises Price Target to $620

United Nations Security Council members convened for an emergency session Wednesday in New York to address Israel, Lebanon, Iran and whether an all-out war in the <a href="https://www.benzinga.com/topic/middle-east">Middle East is preventable</a>.
What Happened: Israeli Ambassador Danny Danon, in his remarks to the UN Security Council, called Iran&#8217;s missile strike the <a href="https://www.benzinga.com/news/global/24/10/41126038/iran-attacks-israel-with-missiles-middle-east-tensions-escalates-s-p-500-stocks-bitcoin-fall-as-oil">&#8220;largest&#8221; in Israel&#8217;s history</a>. 
&#8220;The council must understand the situation Israel is forced to live in. We are under attack,&#8221; Danon said, citing how holy sites were targeted. 
Israeli defense systems intercepted most of the 200 missiles Tuesday as they prepped for ground operations, the <a href="https://apnews.com/live/israel-lebanon-ground-operation-updates">Associated Press</a> reported.
&#8220;The world watched silently as Iran funded and directed attacks against us for the past year, arming and training their proxies for decades,&#8221; Danon added. &#8220;Now the world must step up. Iran must pay a heavy price for this attack. Anything less is complicity.&#8221;
As of early Wednesday afternoon, the meeting remained in session. See video below.
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<iframe loading="lazy" title="LIVE: UN Security Council meeting on the Middle East" width="500" height="375" src="https://www.youtube.com/embed/1VyjPJclLAI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/10/41143156/oil-prices-spike-energy-stocks-jump-after-irans-missile-attack-on-israel-what-investors-need-to-know">Oil Prices Spike, Energy Stocks Jump After Iran&#8217;s Missile Attack On Israel — What Investors Need To Know</a>
<h3 class="wp-block-heading">Bracing For Further Escalation</h3>
The UN meeting is taking place while Israeli troops&nbsp;battle Hezbollah militants&nbsp;inside Lebanon, making good on Israeli Prime Minister Benjamin Netanyahu&#8216;s&nbsp;vow to retaliate, per <a href="https://www.bloomberg.com/news/articles/2024-10-02/israel-vows-retaliation-for-massive-iranian-missile-attack">Bloomberg</a>.
The Israeli army Wednesday suffered at least eight fatalities since the ground operation began, CNN <a href="https://www.cnn.com/world/live-news/israel-iran-missile-attack-middle-east-10-02-24-intl-hnk#cm1rx3x98000e3b6qp2nmm7pn">reported</a> citing Israel Defense Forces. 
Iran launched the attack against Israel following the recent killing of <a href="https://www.benzinga.com/news/24/09/41079860/israel-tightens-grip-hezbollah-leader-hassan-nasrallah-killed">Hezbollah leader Hassan Nasrallah</a>. 
Since its formation in the early 1980s, Hezbollah — which the U.S. considers a terrorist organization — has received substantial support from Tehran, which views the group as an ally in advancing its influence in the Middle East.
The White House promised consequences for Iran's attack on Israel. On Tuesday, President Joe Biden reiterated at the start of a meeting with officials: &#8220;Make no mistake, the United States is fully, fully supportive of Israel.&#8221;
Market Reaction: Following the missile attacks from Iran on Israel, plus Tuesday&#8217;s <a href="https://www.benzinga.com/news/econ-s/24/10/41139919/private-sector-job-gains-outpace-forecasts-in-september-as-us-adds-143-000-jobs">job and economic data</a>, major stock indices dropped. As of early Tuesday afternoon:
<ul>
<li>The S&amp;P 500 was down slightly by 0.08%. </li>
<li>The Dow Jones was down by 0.02%. </li>
<li>The Nasdaq was up by 0.09%. </li>
</ul>
At last check, ETFs that track the indexes were up:
<ul>
<li>SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was down 0.01% at $568.56 Tuesday.</li>
<li>SPDR Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) was down slightly at $421.23.</li>
<li>The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the Nasdaq 100, is up 0.22% to $482.33.</li>
</ul>
&#8220;Financial markets have reacted as one would expect to the heightened geopolitical tensions in the Middle East, with a bout of risk aversion sweeping through asset classes in the past 24 hours,&#8221; said Matthew Ryan, head of market strategy and global financial services at Ebury.
Equity markets are trading lower and, in currencies, the safe-havens have outperformed most of their peers, he adds. This includes the U.S. dollar, which remains buoyed following some hawkish <a href="https://www.federalreserve.gov/newsevents/speech/powell20240930a.htm">comments</a> from Federal Reserve Chair Jerome Powell on Monday.
The conflict is also causing broader concerns for inflation and central bank policy. Higher oil prices could undermine the U.S. Federal Reserve&#8217;s efforts to control inflation, potentially delaying future interest rate cuts, per <a href="https://www.timesofisrael.com/stock-markets-slump-oil-jumps-as-iran-attack-sparks-fear-of-all-out-war-in-mideast/" target="_blank" rel="noreferrer noopener">The Times of Israel</a>.
What To Look For: Ryan says investors are &#8220;rightly fearful&#8221; that Israel&#8217;s retaliation could disrupt oil supplies. After all, Iran is the seventh-largest oil producer in the world. 
The price of gold and oil both spiked higher after the attack. The United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) was trading slightly higher on the day at $72.13 at last check while the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) is down 0.11% to $245.33 Wednesday. 
&#8220;The wider implication for markets is the rising possibility of a sharp move higher in global oil futures, and another period of elevated energy prices and consumer inflation,&#8221; Ryan says.
The ramifications will not be &#8220;anywhere near as severe&#8221; as those that followed Russia&#8217;s invasion of Ukraine, Ryan adds. &#8220;So far, at least, the moves in markets have been relatively contained.&#8221;
Defense ETFs, as of Wednesday afternoon, were trending up:
<ul>
<li>IShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) rose 0.37% to $151.91.</li>
<li>Invesco Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPA#NYSE">PPA</a>) is up 0.15% to $116.10. </li>
<li>SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>) is up 0.67% to $159.98. </li>
</ul>
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41112728/us-boosts-military-presence-in-middle-east-deploys-fighter-squadrons-amid-rising-tensions-with-iran">US Boosts Military Presence In Middle East As Tensions Spike With Iran</a> </li>
</ul>
Image: Shutterstock.

Sector ETFs

Broad U.S. Equity ETFs

Commodities

Politics

Global

ETFs

SPDR Dow Jones Industrial Average ETF Trust

iShares Dow Jones US Aerospace & Defense Index Fund

Markets Turn Risk-Off As Israel, Iran Clash: Investors 'Rightly Fearful' Of Oil Disruption, Strategist Says

HEICO Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hei#NYSE">HEI</a>) recently signed a contract to acquire Marway Power Solutions, Inc. The acquiree provides the design and construction of power distribution solutions for mission-critical systems used in defense, aerospace, communications, test and measurement, and industrial applications on land, sea and air.
Per the deal, HEI bought 92.5% of Marway for cash. HEICO indicated that the transaction would be accretive to its earnings within one year of the buyout.
<h2>How Will the Buyout Benefit HEICO?</h2>
Marway&#39;s acquisition is expected to strengthen HEICO&#39;s footprint in the aerospace and defense industry, particularly in power distribution solutions for mission-critical systems. It develops and produces power distribution solutions in both standard rackmount and customized enclosures. Marway provides a variety of products, including transformers, switchgear and customized solutions adapted to specific sectors like defense, which are consistent with HEI&#39;s value-creating approach.
The aforementioned factors will provide HEICO Corporation with an opportunity to expand its customer base, enhance its product offerings and increase its market share in power distribution solutions for mission-critical systems business area.
<h2>What&#39;s Driving Acquisitions Among Aerospace Defense Players?</h2>
The military industry has seen a notable rise in mergers and acquisitions due to several factors, like the growing emphasis on cost-reduction initiatives, diversifying the portfolio to tackle competition and achieving economies of scale, along with operational efficiency to attain long-term goals. These transactions are becoming more significant, allowing businesses to grow as they see fit by expanding their operations, gaining access to new skills, developing technologies and producing higher-quality goods and services, as well as capturing larger market shares.
HEICO&#39;s latest decision to acquire Marway Power Solutions also seems to have been motivated by the aforementioned factors.
Some other defense companies have recently indulged in acquisition deals to expand their operations and widen product offerings.
In August 2024, Lockheed Martin Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmt#NYSE">LMT</a>) agreed to acquire a manufacturer of satellite products, Terran Orbital, for $450 million, which serves the aerospace and defense industry. Through this acquisition, LMT will be able to expand its customer base, enhance its product offerings and increase its market share in the satellite-based solutions business area.
Lockheed Martin has a long-term (three to five years) earnings growth rate of 4.7%. It delivered an average earnings surprise of 7.46% in the last four quarters.
In May 2024, TransDigm Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tdg#NYSE">TDG</a>) agreed to acquire Raptor Scientific for $655 million, a manufacturer of complex test and measurement solutions serving the aerospace and defense end markets. Through this acquisition, TDG should be able to provide a wider range of products and gain a larger market share in the highly engineered aviation components industry.
TransDigm Group has a long-term earnings growth rate of 20.7%. The Zacks Consensus Estimate for its fiscal 2024 sales calls for an improvement of 19.9% from the prior-year figure.
In April 2024, Curtiss-Wright Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cw#NYSE">CW</a>) completed the acquisition of WSC, Inc. for $34 million. The buyout is expected to expand Curtiss-Wright&#39;s portfolio of advanced commercial nuclear technologies utilized in the modernization of existing power plants and the design of new power plants, such as Advanced Small Modular Reactors.
Curtiss-Wright boasts a four-quarter earnings surprise of 11.52%, on average. The Zacks Consensus Estimate for CW&#39;s 2024 sales implies an improvement of 7.1% from the prior-year figure.
<h2>HEICO Stock Price Movement</h2>
In the past three months, shares of HEICO have risen 15% compared with the industry&#39;s growth of 12.5%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/26/79974.jpg?v=980363033" />
Image Source: Zacks Investment Research
<h2>HEI&#39;s Zacks Rank</h2>
HEI currently carries a Zacks Rank #3 (Hold).
<a href="https://www.zacks.com/stock/news/2344612/heico-buys-marway-power-widens-power-distribution-solution-capacity?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2344612">To read this article on Zacks.com click here.</a>

Offerings

HEICO Buys Marway Power, Widens Power Distribution Solution Capacity

Investors with a lot of money to spend have taken a bearish stance on Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LMT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 10 uncommon options trades for Lockheed Martin.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 40%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $89,950, and 8 are calls, for a total amount of $409,385.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $400.0 to $655.0 for Lockheed Martin over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Lockheed Martin's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Lockheed Martin's substantial trades, within a strike price spectrum from $400.0 to $655.0 over the preceding 30 days.
<h3>Lockheed Martin 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727884932_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$2.95</td>
<td>$2.75</td>
<td>$2.75</td>
<td>$620.00</td>
<td>$91.0K</td>
<td style="text-align: right;">614</td>
<td style="text-align: right;">458</td>
</tr>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$65.9</td>
<td>$58.2</td>
<td>$61.9</td>
<td>$600.00</td>
<td>$61.9K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$52.0</td>
<td>$50.2</td>
<td>$51.15</td>
<td>$600.00</td>
<td>$61.3K</td>
<td style="text-align: right;">124</td>
<td style="text-align: right;">13</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$10.8</td>
<td>$10.3</td>
<td>$10.8</td>
<td>$655.00</td>
<td>$54.0K</td>
<td style="text-align: right;">65</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$44.8</td>
<td>$41.7</td>
<td>$41.7</td>
<td>$580.00</td>
<td>$50.0K</td>
<td style="text-align: right;">692</td>
<td style="text-align: right;">23</td>
</tr>
</tbody>
</table>

<h3>About Lockheed Martin</h3>
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
Following our analysis of the options activities associated with Lockheed Martin, we pivot to a closer look at the company's own performance.
<h3>Where Is Lockheed Martin Standing Right Now?</h3>
<ul>
<li>With a volume of 440,199, the price of LMT is down -0.03% at $605.67. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 20 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Lockheed Martin, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Unpacking the Latest Options Trading Trends in Lockheed Martin

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.00</td>
<td>$37.9K</td>
<td>34.8K</td>
<td>1.3K</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$250.00</td>
<td>$40.9K</td>
<td>1.4K</td>
<td>1.2K</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$615.00</td>
<td>$45.8K</td>
<td>315</td>
<td>552</td>
</tr>
<tr>
<td>NXT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$40.00</td>
<td>$35.2K</td>
<td>5.1K</td>
<td>413</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$145.00</td>
<td>$34.2K</td>
<td>346</td>
<td>349</td>
</tr>
<tr>
<td>AVAV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$290.00</td>
<td>$139.9K</td>
<td>0</td>
<td>179</td>
</tr>
<tr>
<td>LHX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$260.00</td>
<td>$37.6K</td>
<td>1.3K</td>
<td>72</td>
</tr>
<tr>
<td>BLDR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$170.00</td>
<td>$37.4K</td>
<td>79</td>
<td>61</td>
</tr>
<tr>
<td>SAVE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.50</td>
<td>$28.6K</td>
<td>9.5K</td>
<td>52</td>
</tr>
<tr>
<td>FTAI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$145.00</td>
<td>$31.1K</td>
<td>0</td>
<td>33</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding AAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), we observe a put option sweep with bearish sentiment. It expires in 472 day(s) on January 16, 2026. Parties traded 253 contract(s) at a $10.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $37.9K, with a price of $150.0 per contract. There were 34817 open contracts at this strike prior to today, and today 1355 contract(s) were bought and sold. 
• For BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we notice a call option trade that happens to be bearish, expiring in 262 day(s) on June 20, 2025. This event was a transfer of 200 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $40.9K, with a price of $205.0 per contract. There were 1483 open contracts at this strike prior to today, and today 1211 contract(s) were bought and sold. 
• Regarding LMT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on October 18, 2024. Parties traded 56 contract(s) at a $615.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $45.8K, with a price of $820.0 per contract. There were 315 open contracts at this strike prior to today, and today 552 contract(s) were bought and sold. 
• Regarding NXT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on October 18, 2024. Parties traded 294 contract(s) at a $40.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $125.0 per contract. There were 5145 open contracts at this strike prior to today, and today 413 contract(s) were bought and sold. 
• For MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we notice a put option sweep that happens to be bullish, expiring in 45 day(s) on November 15, 2024. This event was a transfer of 31 contract(s) at a $145.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $1108.0 per contract. There were 346 open contracts at this strike prior to today, and today 349 contract(s) were bought and sold. 
• Regarding AVAV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>), we observe a call option sweep with bullish sentiment. It expires in 171 day(s) on March 21, 2025. Parties traded 171 contract(s) at a $290.00 strike. This particular call needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $139.9K, with a price of $820.0 per contract. There were 0 open contracts at this strike prior to today, and today 179 contract(s) were bought and sold. 
• For LHX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>), we notice a call option sweep that happens to be bullish, expiring in 80 day(s) on December 20, 2024. This event was a transfer of 71 contract(s) at a $260.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $37.6K, with a price of $530.0 per contract. There were 1344 open contracts at this strike prior to today, and today 72 contract(s) were bought and sold. 
• For BLDR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>), we notice a put option trade that happens to be bullish, expiring in 108 day(s) on January 17, 2025. This event was a transfer of 52 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $37.4K, with a price of $720.0 per contract. There were 79 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold. 
• Regarding SAVE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>), we observe a put option sweep with bullish sentiment. It expires in 108 day(s) on January 17, 2025. Parties traded 52 contract(s) at a $7.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $550.0 per contract. There were 9515 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold. 
• For FTAI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>), we notice a put option trade that happens to be bullish, expiring in 262 day(s) on June 20, 2025. This event was a transfer of 11 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $31.1K, with a price of $2830.0 per contract. There were 0 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AVAV

BLDR

FTAI

SAVE

10 Industrials Stocks With Whale Alerts In Today's Session

WIIM

Shares of aerospace and defense stocks are trading higher after Iran launched a missile attack on Israel.

Lockheed Martin Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) shares are moving higher today, driven by increased geopolitical tensions in the Middle East. Here&#8217;s <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/10/41120592/iran-set-to-launch-ballistic-missile-attack-against-israel-report">what you need to know</a>.
What To Know: Reports have surfaced indicating that Iran is preparing a ballistic missile strike against Israel in retaliation for an airstrike that killed Hezbollah leader Hassan Nasrallah. The U.S. has indicated that it believes the attack is imminent, heightening the risk of a broader regional conflict.
This potential escalation has intensified Israel&#8217;s military actions, including deployments into southern Lebanon to counter Hezbollah forces. The situation has prompted the U.S. to bolster its military presence in the region, preparing to assist Israel in the event of an attack. The looming strike and rising conflict have rattled global markets, with oil and gold prices surging as investors anticipate further disruptions in the region.
What Else: In addition, Lockheed Martin has scheduled its third-quarter 2024 earnings results webcast for October 23, where CEO James Taiclet and other top executives will discuss company performance and provide updates on key topics. The company is estimating expected EPS of $6.46 and expected revenue of $17.402 billion.
LMT Price Action: Lockheed Martin shares are up 3.61%, trading at $605.64 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="546" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01111836/LMT-1024x546.png" alt="" class="wp-image-574957" style="width:470px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01111836/LMT-1024x546.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01111836/LMT-300x160.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01111836/LMT-768x409.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01111836/LMT.png 1066w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also:
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/10/41121316/disney-stock-could-experience-joy-thanks-to-inside-out-2-in-theaters-and-streaming-on-disne">Disney Stock Could Experience Joy Thanks To &#8216;Inside Out 2&#8217; In Theaters And Streaming On Disney+</a></li>
</ul>
Image via Lockheed Martin.

Movers

Why Lockheed Martin Shares Are Trading Higher Today?

Shares of aerospace and defense stocks are trading higher following a report suggesting an Iranian missile strike at Israel is imminent.

On Monday, RTX Corporation&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) business, Pratt &amp; Whitney, won a contract worth up to $1.3 billion to <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/n41106085/rtxs-pratt-whitney-awarded-f135-engine-core-upgrade-contract" rel="noreferrer noopener">advance the F135 Engine Core Upgrade (ECU)</a>.
The contract is expected to boost engine durability and enhance power and cooling for Block 4 and future F-35 capabilities.
Jill Albertelli, president of Pratt &amp; Whitney&#8217;s Military Engines business, said, &#8220;It allows us to continue work in the risk reduction phase with a fully staffed team focused on design maturation, aircraft integration, and mobilizing the supply base to prepare for production.&#8221;
Jeff Shockey, senior vice president of RTX Global Government Relations, stated, &#8220;Their steadfast commitment to the F135 ensures it will deliver critical capabilities for decades to come.&#8221;
To date, Pratt &amp; Whitney has delivered over 1,200 F135 engines, accumulating more than 900,000 flight hours.
The F135 ECU will be integrated into new F-35s during production or retrofitted at global F135 depot sustainment facilities, making it accessible to all F-35 operators.
Apart from this, RTX&#8217;s Raytheon delivered its first sensor payload to Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), ensuring the U.S. Space Force&#8217;s Next-Generation Overhead Persistent Infrared (Next-Gen OPIR) Geosynchronous Earth Orbit (GEO) Block 0 missile warning satellite remains on s<a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/n41094163/rtxs-raytheon-delivers-missile-warning-sensor" rel="noreferrer noopener">chedule for its initial launch in 2025</a>.
Investors can gain exposure to the stock via iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) and First Trust Exchange-Traded Fund First Trust Indxx Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MISL#NYSE">MISL</a>).
Price Action: RTX shares are up 0.12% at $121.16 premarket at the last check Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/24/09/40888451/russia-to-expand-army-for-third-time-since-war-with-ukraine-began-defense-stocks-rtx-northrop-grumma" target="_blank" rel="noreferrer noopener">Russia To Expand Army For Third Time Since War With Ukraine Began: Defense Stocks RTX, Northrop Grumman Gain</a></li>
</ul>

MISL

RTX Wins $1.3B Contract For F135 Engine Upgrade: Details

Israel has told the U.S. it is considering putting troops <a href="https://www.benzinga.com/general/politics/24/09/41030927/israel-considers-ground-invasion-calls-up-reserve-brigades-as-conflict-escalates-in-lebanon-90k-">on the ground in Lebanon</a>.
The decision, reported <a href="https://www.washingtonpost.com/world/2024/09/30/israel-lebanon-hezbollah-hamas-war-news-gaza/">by</a> the Washington Post, which cited an unnamed U.S. official, comes as Israeli forces carry out air raids in Lebanon and Prime Minister Benjamin Netanyahu rejects <a href="https://www.benzinga.com/general/politics/24/09/41056542/israel-plans-to-disrupt-arms-delivery-from-iran-to-lebanon-in-motion-as-palestinian-president-cr" target="_blank" rel="noreferrer noopener">international calls for a cease-fire.</a>
Here&#8217;s a breakdown of the latest developments coming from the region:
<h3 class="wp-block-heading">Market Impact</h3>
Oil prices showed little reaction on Monday following the death of Hezbollah leader Hassan Nasrallah in an <a href="https://www.benzinga.com/news/24/09/41079860/israel-tightens-grip-hezbollah-leader-hassan-nasrallah-killed">Israeli airstrike in Beirut</a>. 
Brent crude currently hovers between $73 and $74 per barrel, while U.S. West Texas Intermediate increased by 0.23% to $68.34 at last check Monday. 
Observers noted that oil supply disruptions have been minimal since fighting between Israel and Hezbollah resumed in October 2023 in the weeks following Hamas&#8217; attack on <a href="https://www.benzinga.com/news/23/10/35136071/israel-under-siege-unprecedented-hamas-attack-sparks-intense-clashes-netanyahu-says-we-are-at-war">an Israeli musical festival</a>.
The U.S. considers both Hezbollah and Hamas to be terrorist organizations. 
Increased production from the U.S., Canada, and Guyana, combined <a href="https://www.benzinga.com/markets/asia/24/08/40596334/asia-markets-mixed-europe-gains-crude-oil-falls-on-chinese-demand-concerns-global-markets-today-whil">with weak Chinese demand</a>, is keeping the market stable. 
Reports indicate that oil prices could spike to $100 per barrel if the Strait of Hormuz—a vital route responsible for transporting about 20% of global oil — were to be affected.
ETFs To Watch: Despite heightened tensions, the market seems to be pricing in stability for now, barring any significant disruptions. United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) was down 0.38% at last check Monday due to rising tensions.
U.S. defense stocks, tracked by the iShares U.S. Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITA#NYSE">ITA</a>), are up 18.08% year-to-date.
Specific defense stocks did not gain as of Monday&#8217;s midday trading:
<ul>
<li>Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), down 0.4% to $580.</li>
<li>The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), down 2.38% to $152.60.</li>
<li>Northrop Grumman Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), down 0.75% to $522.84.</li>
</ul>
See Also: <a href="https://www.benzinga.com/news/24/09/41017016/bidens-speech-not-strong-not-promising-says-lebanons-foreign-minister-us-is-the-only-country-that-ca" target="_blank" rel="noreferrer noopener">Lebanon's Foreign Minister Says US Is The Only Country That Can ‘Really Make A Difference In The Middle East'</a>
<h3 class="wp-block-heading">Targeted Raids</h3>
Israel has been conducting targeted raids into southern Lebanon as part of efforts to push Hezbollah away from its northern border. These operations, described as intelligence-gathering and probing missions, come ahead of a potential broader ground incursion.
Hezbollah deputy leader Naim Qassem <a href="https://www.timesofisrael.com/hezbollah-deputy-leader-vows-terror-group-prepared-to-face-potential-idf-ground-op/">asserted</a> that the group is prepared for a prolonged conflict if Israeli troops enter by land, per the Times of Israel. 
Lebanon's Prime Minister Najib Mikati does not share the same sentiment and continues to call for a ceasefire.
<h3 class="wp-block-heading">What&#8217;s Next</h3>
On Monday, Reuters reported that the Lebanese government is looking to end Hezbollah&#8217;s armed presence south of the Litani River by invoking UN Security Council Resolution 1701. 
UNSC Resolution 1701 was adopted unanimously back in August 2006, ending the previous war between Hezbollah and Israel. 
The effectiveness of the resolution today depends on the political and military context, and the cooperation of the involved parties, particularly Israel, Hezbollah, and the international community.
It called for a cessation of hostilities and outlined a framework for a lasting peace between the parties involved.
Mikati is looking to elect a new president once a ceasefire occurs, ending a nearly two-year vacancy at the top post.
Now Read: 
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<li><a href="https://www.benzinga.com/etfs/sector-etfs/24/09/41098327/longshoremen-strike-looms-standoff-could-cost-1b-a-day-leave-thanksgiving-prep-in-a-pinch">Longshoremen Strike Looms, Standoff Could Cost $1B A Day, Leave Thanksgiving Prep In A Pinch</a></li>
</ul>
Image: Shutterstock

Oil Prices Remain Steady After Hezbollah Leader's Death, Israel Informs US Of Potential Ground Incursion Into Lebanon

USSF Next-Gen OPIR payload to provide critical missile warning data
EL SEGUNDO, Calif., Sept. 30, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) business, delivered its first sensor payload to prime contractor Lockheed Martin, keeping the U.S. Space Force Space Systems Command's first Next-Generation Overhead Persistent Infrared, or Next-Gen OPIR, Geosynchronous Earth Orbit (GEO) Block 0 missile warning satellite on track for a 2025 initial launch capability.
Designed to improve missile warning resilience and performance, two Next-Gen OPIR GEO satellites will eventually provide continuous coverage over mid-latitudes to the existing constellation. Raytheon is designing and building sensor payloads for both satellites.
Prior to delivery of the first payload, Raytheon completed a series of assessments including thermal vacuum testing. Thermal vacuum testing exposes the payload to a space-like environment and validates digital models to ensure the sensor meets design requirements. The second sensor payload is more than 60 percent completed and is scheduled to start thermal vacuum testing in early 2025.

RTX's Raytheon Delivered Its First Sensor Payload To Prime Contractor Lockheed Martin, Keeping The U.S. Space Force Space Systems Command's First Next-Generation Overhead Persistent Infrared, Or Next-Gen OPIR GEO Block 0 Missile Warning Satellite On Track For A 2025 Initial Launch Capability

Lockheed Martin Corporation&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmt#NYSE">LMT</a>) unit, Sikorsky Aircraft, recently secured an $84.3 million contract to supply eight gearbox assemblies for the CH-53K helicopters. The work will be carried out in Stratford, CT, and is set to be completed by December 2028.
The contract will serve the U.S. Navy and Israel military. The award has been provided by the Naval Supply Systems Command Weapon Systems Support, Philadelphia, PA.
<h2>What&#39;s Favoring LMT Stock?</h2>
With countries worldwide enhancing their defense capabilities, spending on advanced military arms and ammunition has been rapidly increasing. This also includes growing investments in military helicopters, which are crucial for air warfare missions. Lockheed, as a prominent manufacturer of combat helicopters, has been witnessing a steady flow of orders from the Pentagon and other U.S. allies. The latest contract win is an example of that.
LMT&#39;s CH-53K King Stallion is designed for modern combat and shipboard operations, being intelligent, reliable, low-maintenance and highly survivable in harsh environments. With more than 1,200 test flight hours, the helicopter achieved several milestones in 2018, including operating at high altitudes, extreme temperatures and low visibility.
These capabilities are likely to have driven this rotorcraft&#39;s demand in recent times and are expected to lead to more contract awards for Lockheed Martin in the days ahead. Such order flows, including the latest one, are expected to boost the company&#39;s revenues, thereby solidifying its position as a leading defense contractor in military aviation.
<h2>Growth Prospects for LMT Stock</h2>
Rising military conflicts, terrorism and border disputes, along with rapid technological advancements in military helicopters, have led nations to increase their defense spending, with combat-proven helicopters constituting an integral part of a nation&#39;s defense structure.
This is likely to have prompted Mordor Intelligence to forecast a compound annual growth rate of more than 2.9% for the military helicopter market during the 2024-2030 time period.
Such solid market prospects offer growth opportunities for Lockheed Martin. Notably, its portfolio includes well-established helicopters like the Black Hawk, MH-60R Seahawk and CH-148 Cyclone, in addition to the CH-53K King Stallion.
<h2>Opportunities for LMT&#39;s Peers</h2>
Some other defense companies that are expected to enjoy the perks of the expanding military helicopter market have been discussed below.
The Boeing Company: Its military rotorcraft serves the U.S. Army, Navy, Marines and Air Force and allied defense forces in more than 20 countries across the globe. Boeing&#39;s Defense, Space &amp; Security segment produces rotorcraft and rotary-wing programs, such as H-47 Chinook, AH-64 Apache, AH-6 Little Bird and V-22 Osprey.
The company has a long-term (three to five years) earnings growth rate of 21.3%.&nbsp; The Zacks Consensus Estimate for BA&#39;s 2025 sales indicates year-over-year growth of 21.7%.
Northrop Grumman Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/noc#NYSE">NOC</a>): Its Fire Scout is a combat-proven, autonomous helicopter system providing real-time intelligence, surveillance, reconnaissance and target-acquisition, laser designation and battle management to tactical users without relying on manned aircraft or space-based assets. NOC also provides avionics systems, mission equipment and support for military helicopters, including upgrades and modifications.
The company&#39;s long-term earnings growth rate is 8.7%. The Zacks Consensus Estimate for NOC&#39;s 2024 sales indicates year-over-year growth of 5.4%.
Textron (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/txt#NYSE">TXT</a>):&nbsp; Its Bell business segment supplies advanced military helicopters and provides parts and support services to the U.S. Government and military customers outside the United States. Its primary combat helicopters include H-1, Bell 412, Bell AH-1Z, Bell 407 and a few more rotorcraft.
TXT boasts a long-term earnings growth rate of 10.1%. The consensus estimate for TXT&#39;s 2024 sales indicates year-over-year growth of 5.5%.
<h2>LMT Stock&#39;s Price Movement</h2>
Shares of LMT have gained 24.7% in the past three months compared with the industry&#39;s 8.2% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/68/79022.jpg?v=1096845495" />
Image Source: Zacks Investment Research
<h2>LMT&#39;s Zacks Rank</h2>
LMT currently carries a Zacks Rank #2 (Buy).
<a href="https://www.zacks.com/stock/news/2340764/lockheed-martin-s-unit-secures-contract-for-ch-53k-gearbox-assemblies?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2340764">To read this article on Zacks.com click here.</a>

Lockheed Martin's Unit Secures Contract for CH-53K Gearbox Assemblies

Investors with a lot of money to spend have taken a bullish stance on Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LMT, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 14 options trades for Lockheed Martin.
This isn't normal.
The overall sentiment of these big-money traders is split between 35% bullish and 35%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $39,000, and 13, calls, for a total amount of $2,204,930.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $520.0 and $600.0 for Lockheed Martin, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Lockheed Martin options trades today is 301.27 with a total volume of 916.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Lockheed Martin's big money trades within a strike price range of $520.0 to $600.0 over the last 30 days.
<h3>Lockheed Martin Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727208927_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$57.4</td>
<td>$54.1</td>
<td>$56.35</td>
<td>$525.00</td>
<td>$1.6M</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">300</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$31.4</td>
<td>$30.8</td>
<td>$30.8</td>
<td>$570.00</td>
<td>$138.6K</td>
<td style="text-align: right;">560</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$15.2</td>
<td>$15.0</td>
<td>$15.2</td>
<td>$570.00</td>
<td>$60.8K</td>
<td style="text-align: right;">284</td>
<td style="text-align: right;">45</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$10.5</td>
<td>$10.0</td>
<td>$10.0</td>
<td>$577.50</td>
<td>$50.0K</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">57</td>
</tr>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$8.3</td>
<td>$7.8</td>
<td>$7.8</td>
<td>$577.50</td>
<td>$39.0K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">53</td>
</tr>
</tbody>
</table>

<h3>About Lockheed Martin</h3>
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
After a thorough review of the options trading surrounding Lockheed Martin, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Lockheed Martin</h3>
<ul>
<li>Currently trading with a volume of 701,991, the LMT's price is down by -0.32%, now at $578.63. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 21 days.</li>
</ul>
<h3>What The Experts Say On Lockheed Martin</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $635.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Lockheed Martin, targeting a price of $635. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Lockheed Martin with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Spotlight on Lockheed Martin: Analyzing the Surge in Options Activity

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Lockheed Martin Looks To The Quantum Resistant Ledger For Secure Blockchain Communication

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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Terran Orbital

TERRAN ORBITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Terran Orbital Corporation - LLAP

Poland and Lockheed Martin Celebrate Debut of Poland's First F-35A "Husarz"

Global Military Drone Industry Seeing Rapid Technological Advancements as Market Growth Accelerates

Lockheed Martin Chairman, President and CEO and CFO to Speak at the Morgan Stanley Conference

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