Government Contract Update: $88M payment to LOCKHEED MARTIN CORP

We just received data on a $88M payment to LOCKHEED MARTIN CORP from the Department of Defense. This payment was made on 2024-10-30 by the Department of the Air Force. We received this data from USASpending.gov.

Here is the award's description:

NEXT GENERATION OVERHEAD PERSISTENT INFRARED GEOSYNCHRONOUS EARTH ORBIT SPACE VEHICLE 1-3 PHASE 1

Our code mapped this contract to $LMT.

$LMT Government Contracts

We have seen $27,334,789,014 of award payments to $LMT over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

• LONG RANGE ANTI-SHIP MISSILE/JOINT AIR-TO-SURFACE STANDOFF MISSILE LARGE LOT PROCUREMENT: $2,423,365,242
• EXECUTE PHASED ARRAY TRACKING RADAR TO INTERCEPT ON TARGET (PATRIOT) ADVANCED CAPABILITY-3 (PAC-3) MISSILE ...: $1,752,017,350
• CY24 AVSC SUPPLY SUPPORT: $1,574,319,467
• MULTI-YEAR TEN (MY X) BLACK HAWK PRODUCTION AWARD FOR PROCUREMENT OF 120 H-60M BLACK HAWK HELICOPTERS FOR F...: $1,458,102,170
• CH-53K FRP LOT 7 LONG LEAD ITEMS: $1,431,474,023

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$LMT Congressional Stock Trading

Members of Congress have traded $LMT stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $LMT stock by members of Congress over the last 6 months:

• REPRESENTATIVE JARED MOSKOWITZ purchased up to $15,000 on 11/08.
• REPRESENTATIVE JOHN JAMES sold up to $15,000 on 09/04.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$LMT Hedge Fund Activity

We have seen 1,189 institutional investors add shares of $LMT stock to their portfolio, and 1,102 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• WULFF, HANSEN & CO. removed 1,018,820 shares (-99.8%) from their portfolio in Q3 2024, for an estimated $595,561,419
• BLACKROCK, INC. added 704,322 shares (+4.1%) to their portfolio in Q3 2024, for an estimated $411,718,468
• STATE STREET CORP removed 655,559 shares (-1.8%) from their portfolio in Q3 2024, for an estimated $383,213,569
• VAN ECK ASSOCIATES CORP added 507,312 shares (+1239.6%) to their portfolio in Q4 2024, for an estimated $246,523,193
• CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 466,215 shares (-6.9%) from their portfolio in Q3 2024, for an estimated $272,530,640
• JANE STREET GROUP, LLC removed 376,124 shares (-94.4%) from their portfolio in Q3 2024, for an estimated $219,867,045
• BARCLAYS PLC added 344,673 shares (+48.1%) to their portfolio in Q3 2024, for an estimated $201,482,048

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.