Lockheed Martin Began Deliveries Of First Technology Refresh 3; Still Sees Production Rate Of 156 Aircraft Per Year; Expects Delivery Of 75 To 110 Aircraft In 2H
Portfolio Pulse from Benzinga Newsdesk
Lockheed Martin has started delivering the first Technology Refresh 3 aircraft and maintains a production rate of 156 aircraft per year. The company expects to deliver between 75 to 110 aircraft in the second half of the year.
July 19, 2024 | 7:43 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lockheed Martin has started delivering the first Technology Refresh 3 aircraft and maintains a production rate of 156 aircraft per year. The company expects to deliver between 75 to 110 aircraft in the second half of the year.
The commencement of deliveries for the Technology Refresh 3 aircraft and the maintained production rate indicate strong operational performance. The expected delivery range for the second half of the year suggests a stable revenue stream, positively impacting short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100