LMT Jan 2022 375.000 call
| Previous close | 41.95 |
| Open | 43.00 |
| Bid | 38.60 |
| Ask | 45.00 |
| Strike | 375.00 |
| Expiry date | 2022-01-21 |
| Day's range | 41.95 - 43.00 |
| Contract range | N/A |
| Volume | 3 |
| Open interest | 59 |
- Bloomberg
Tech Firm’s 2020 Rally Exceeds 100% With Deal for AI Startup
(Bloomberg) -- Software provider Kinaxis Inc. surged to a record high as it completed a deal for Rubikloud Technologies Inc. to boost its artificial intelligence capabilities.Ottawa-based Kinaxis, whose clients include Unilever NV and Lockheed Martin Corp., briefly passed $4 billion in market value for the first time Thursday amid a broad rally in Canadian technology stocks. The firm sells products that help companies manage supply chains, sales and operations.Its 103% rise this year makes it the fourth-best performing stock on the S&P/TSX Composite Index. The Covid-19 crisis has helped the business as global supply chains have been disrupted: Kinaxis has seen a 20% increase in user activity since January, Chief Executive Officer John Sicard said in an interview.“There’s never been a time where we’re more relevant, and especially under this particular crisis where all supply chains are experiencing a tremendous amount of volatility and disruption,” Sicard said, describing his company as “Canada’s best-kept secret.”The firm seized on Rubikloud to fill a gap in its product lineup. The target company, co-founded in 2013 by Kerry Liu, serves the enterprise retail industry, which Kinaxis did not.“Retail is not a vertical they’re currently in, but one that obviously, if you want to be a global leader in supply chain, you can’t ignore,” Liu said.Machine LearningThe Toronto startup has also made more advances in artificial intelligence and machine learning than Kinaxis has, Sicard said. These include helping clients predict the demand for an item so that they can determine appropriate pricing, according to Liu.The $60 million cash deal, announced June 15, had been in the making for a few months. Although the two companies had known each other for years, it was only earlier this year when talks started to heat up. At a dinner at Sicard’s home in Kanata, an Ottawa suburb, the two men found themselves “nearly finishing each other’s sentences,” Sicard said.Soon after, they decided to join forces.“In the world of acquisitions you usually find out it’s someone south of the border buying up Canadian technology. It’s not as common to see a Canadian company creating a union with another Canadian company,” he added.Liu will lead strategic innovation at the company. “I see myself continuing to be an evangelist in the space,” he said. “I think it’s as much about understanding and making sure that I’m a subject matter expert where available and then working closely on figuring out what do we need to do in the supply chain together now in this new world.”Rubikloud is Kinaxis’s second acquisition since going public in 2014. In February, it bought Indian firm Prana Consulting Services Pvt. Ltd. for an undisclosed sum.The stock is well-liked by analysts with 10 buy ratings, two hold recommendations and no sells, according to data compiled by Bloomberg.(Adds more CEO comments in tenth paragraph and analyst data in last paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
Raytheon Wins $495M Deal to Support AMRAAM Weapon System
Raytheon Technologies (RTX) is set to offer non-warranty repairs, program support, contractor logistics support and service life prediction program analysis, supporting the AMRAAM weapon system
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How Trading Your Own Retirement Can Fleece Your Financial Future - July 02, 2020
Achieving your retirement goals takes a much different investing approach than regular stock trading, from smartly managing risk to keeping emotions in check.
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Defense Stock Roundup: Contract Wins Dominate Headlines, RTX, HII Score Big
Over the past five trading sessions, the defense biggies put up a mixed show with Boeing and Lockheed Martin losing but Northrop and Textron recording gains.
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Lockheed Martin (LMT) Stock Sinks As Market Gains: What You Should Know
Lockheed Martin (LMT) closed the most recent trading day at $360.42, moving -1.23% from the previous trading session.
- Bloomberg
Peter Thiel-Backed Surveillance Startup Anduril Is Valued at $1.9 Billion
(Bloomberg) -- Anduril Industries Inc., a Southern California startup that builds technology for military agencies and border surveillance, said it raised a new funding round nearly doubling the company’s valuation to $1.9 billion.Silicon Valley money has rapidly propelled the three-year-old company. Venture capital firm Andreessen Horowitz led the latest financing, which totaled $200 million. The investment firm also participated in a deal about a year ago, along with Peter Thiel’s Founders Fund and other VCs, that valued Anduril at about $1 billion. That was four times the valuation from a year earlier.The business is controversial. Anduril builds surveillance towers and drones, along with software to automatically monitor areas like international borders and the perimeter of military bases. “We founded Anduril because we believe there is value in Silicon Valley technology companies partnering with the Department of Defense,” Brian Schimpf, the chief executive officer of Anduril, said in a statement Wednesday.But it’s Anduril’s work with other agencies that draws the greatest criticism. The company’s first government contracts were with U.S. Customs and Border Protection, where it put up towers along the U.S.-Mexican border. Mark Morgan, the acting commissioner of the agency, told Congress in February that immigration authorities planned to have 200 autonomous surveillance towers in place this year. On Thursday, Customs and Border Protection said in a statement that the tower system was a “program of record,” meaning it’s essential enough to have a dedicated line of funding from Congress, and that the towers would operate 24 hours a day, independent of the electrical grid. Few VC-backed startups have seriously pursued military contracts, mostly ceding the field to huge, politically connected defense contractors like Lockheed Martin Corp., Raytheon Technologies Corp., and Boeing Co. This is partially due to the impression that small companies will get too bogged down in government work to become profitable and partially because of political controversies surrounding high-tech surveillance and autonomous weapons.Anduril was founded in 2017 on the idea that such hesitation is an opportunity. Founders of the Irvine, California-based company include veterans of Thiel’s Palantir Technologies Inc.—a major contractor to government agencies including immigration officials—as well as Palmer Luckey, a vocal supporter of Donald Trump whose 2017 departure from Facebook Inc. became a flashpoint in an intramural political debate in Silicon Valley.Last year, Anduril expanded beyond surveillance, building a system of small drones that will automatically ram targets that enter contested airspace. Its initial pitch is to defend against small drones used to surveil or attack military bases, though Anduril has said the product could be expanded to combat larger targets in the future. Marc Andreessen described Anduril in a blog post last fall as part of a “new generation of Silicon Valley-style defense vendors.”Anduril now has more than 30 federal contracts which could be worth over $200 million, according to an analysis by Tech Inquiry, a research group. Anduril has said it works with U.S. allies, too, including the U.K. Ministry of Defense.(Updates with Customs and Border Protection statement in the fourth paragraph. )For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
Lockheed (LMT) Wins $361M Deal for F-35C Carrier Variant
Lockheed's (LMT) F-35C carrier variant (CV) is the world's only 5th Generation, long-range stealth strike fighter designed and built explicitly for carrier operations.
- Zacks
Ollie's Bargain Outlet, Designer Brands, AbbVie, Microsoft and Lockheed Martin highlighted as Zacks Bull and Bear of the Day
Ollie's Bargain Outlet, Designer Brands, AbbVie, Microsoft and Lockheed Martin highlighted as Zacks Bull and Bear of the Day
- Zacks
3 Dividend Stocks to Buy for Second Half of 2020 for Coronavirus Safety
Check out these three stocks with solid dividend yields that appear ready to continue to weather the coronavirus economic downturn in the second half of 2020...
- IPO-Edge.com
INTERVIEW: Cybereason CEO on Taking a Military Skillset to Corporations and the Prospect of an IPO
Cybereason CEO and Co-Founder Lior Div By John Jannarone For Cybereason CEO and Co-Founder Lior Div, protecting companies from cyberattacks has more to do with offense than defense. He applies a mindset cultivated during his time in the Israeli Defense forces, where he was trained to handle offensive cyber operations, learning skills that can help […]
- Zacks
Are You Looking for a High-Growth Dividend Stock? Lockheed Martin (LMT) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lockheed Martin (LMT) have what it takes? Let's find out.
- Zacks
US Mulls More Tariffs on EU Goods : Aerospace Stocks in Trouble?
The possible enforcement of an additional $3.1-billion tariff comes after the United States levied $7.5-billion tariffs on aircraft and other goods from the European Union last October.
- Zacks
The Zacks Analyst Blog Highlights: Verizon, Lockheed, American Express, Boeing and Micron
The Zacks Analyst Blog Highlights: Verizon, Lockheed, American Express, Boeing and Micron
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Lockheed Martin (LMT) Gains But Lags Market: What You Should Know
Lockheed Martin (LMT) closed at $362.82 in the latest trading session, marking a +0.83% move from the prior day.
- Zacks
Top Analyst Reports for Verizon, Lockheed & American Express
Top Analyst Reports for Verizon, Lockheed & American Express
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The Extreme Risks of Trading Your Own Retirement Assets - June 24, 2020
From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.
- Zacks
Lockheed Wins Navy Deal to Aid E-2D Advanced Hawkeye Program
Lockheed Martin's (LMT) Naval Electronics and Surveillance Systems supplies the principal AN/APY-9 radar system for the Hawkeye aircraft.
- Zacks
Defense Stock Roundup: Contract Wins in Focus, LMT, GD and Others Score Big
Over the past five trading sessions, defense biggies put up a mixed show. While Boeing and Textron gained, Lockheed Martin and L3Harris lost.
- Zacks
Lockheed (LMT) Clinches $16M Deal to Modify F-35 Program
Lockheed's (LMT)F-35 program is supported by an international team of leading aerospace majors, which makes the program reliable and attractive
- Zacks
Lockheed Martin (LMT) Stock Moves -0.17%: What You Should Know
Lockheed Martin (LMT) closed at $382.11 in the latest trading session, marking a -0.17% move from the prior day.
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The Zacks Analyst Blog Highlights: JNJ, WMT, BAC, IBM and LMT
The Zacks Analyst Blog Highlights: JNJ, WMT, BAC, IBM and LMT
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Coronavirus Mars Aerospace-Defense Stocks' Near-Term Prospects
Coronavirus Mars Aerospace-Defense Stocks' Near-Term Prospects
- TechCrunch
IonQ raises additional funding for its quantum computing platform
Quantum computing startup IonQ today announced that it has raised additional funding as part of its previously announced Series B round. This round extends the company's funding, including its 2019 $55 million Series B round, by about $7 million and brings the total investment into IonQ to $84 million. The new funding includes strategic investments from Lockheed Martin and Robert Bosch Venture Capital, as well as Cambium, a relatively new multi-stage VC firm that specializes in investing "in the future of computational paradigms."
- Stockopedia
Disentangling the effect of Covid-19 on Lockheed Martin's share price
Covid-19 has shaken world markets. One question likely to be on the minds of a lot of investors right now is how economic uncertainty caused by the pandemic wi...
- Zacks
Top Research Reports for Johnson & Johnson, Walmart & Bank of America
Top Research Reports for Johnson & Johnson, Walmart & Bank of America
