LOCKHEED MARTIN, (LMT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LOCKHEED MARTIN, (LMT)

LMT 487.94

-0.8%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Shawn M. Downey who wrote ()	1/17/2000 10:31:00 PM
From: pcyhuang	Read Replies (3) of 732

A Major Beneficiary to Increased Defense Spending Lockheed Martin (LMT $20 1/2), the world's #2 aerospace and defense firm (behind Boeing). Lockheed's high-profile weapons systems include jet fighters such as the F-16 and the F-22. Other high-tech offerings include missiles for both offensive (Trident) and defensive (Theater HIgh Altitude Area Defense) purposes. It also is developing the X-33 reusable spacecraft, expected to replace the space shuttle. Lockheed also makes Milstar communications satellites and launch vehicles such as the Atlas, Titan, and Proton. It manages nuclear operations at the Department of Energy's Oak Ridge, Tennessee, facility. In recent weeks, LMT has benefited increasingly from the general improvement in the business climate of the defense industry: * 1.15.2000 -- LMT has received a contract to produce 50 F-16 fighter jets for Israel in a deal valued at about $2.5 billion. Israel also received an option to buy 60 additional F-16s, which would bring total value to $4.5 billion. * 1.06.2000 -- LMT has been selected as one of the two contractor teams for the Navy's $25 billion program in building a revolutionary "electric drive" for a new class of destroyers. * 1.05.2000 -- LMT has received three contracts valued at more than $143 million for the Patriot Advanced Capability Missile. * 1.04.2000 -- LMT has been awarded a $65 million contract for HIGH MObility Artillery Rocket System launchers. * 12.30.99 -- LMT has been awarded contracts totaling $1.6 billion to produce six test models of the F-22 fighter jet and begin initial work on 10 planned production jets. This is part of the Pentagon's program to build more than 300 of the radar-avoiding stealth jets a total cost of about $65 billion. LMT's possession of wide array of sophisticated technologies has drawn increased interests and attention from other European players, e.g., the British aviation firm Cobham Plc. LMT's current combined p/s and p/b ratio is less than 1.7, unusually stringent for such a major player in defense technology with its vast potential of creating increased valuation by spinning off particular divisions and/or merging others into either domestic or foreign defense players. I strongly recommend the purchase of LMT with an intermediate price target of $40 per share. siliconinvestor.com pcyhuang huangcapital.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next