Lockheed Martin shares are trading lower after the company pushed back its anticipated delivery schedule of the first TR-3 jet to between April and June 2024.
Portfolio Pulse from Benzinga Newsdesk
Lockheed Martin has delayed the delivery schedule of its first TR-3 jet to between April and June 2024, causing its shares to trade lower.
September 06, 2023 | 4:06 pm
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Lockheed Martin's stock is trading lower due to the delay in the delivery of its first TR-3 jet.
The delay in the delivery of Lockheed Martin's first TR-3 jet is a significant event for the company. This delay could potentially impact the company's revenues and profitability, leading to a decrease in the stock price. Investors may be concerned about the company's ability to meet its delivery schedules, which could further impact the stock price.
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IMPORTANCE 80
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