Lockheed Martin delivers 72 F-35 jets facing upgrade delays, Bloomberg News reports
1. Lockheed Martin delivered 72 F-35 jets as of May 1. 2. Deliveries were delayed due to late software upgrades.
FAQ
Why Bullish?
Delivering F-35 jets signals strong demand and sustained revenue, reminiscent of previous successful contracts that bolstered LMT's stock.
How important is it?
Routine military contract deliveries affect investor sentiment; stock reactions to earnings and contracts are historically significant for LMT.
Why Short Term?
The immediate revenue recognition from these deliveries can positively impact LMT's quarterly results and market perception.