Lockheed Martin Stock Drops 2.32% in Fourth Consecutive Day of Losses, Trading Volume Ranks 85th

On May 14, 2025, Lockheed Martin (LMT) experienced a 2.32% decline, marking its fourth consecutive day of losses, with a total decrease of 5.34% over the past four days. The company's trading volume reached $962 million, placing it 85th in the day's stock market rankings.

Lockheed Martin's stock price dropped midday as its Chief Financial Officer (CFO) presented at an industry conference. The CFO indicated potential delays in cash inflows related to the F-35 fighter jet program, which could shift into the third quarter. This development raised concerns about the company's ability to meet its financial targets for the current quarter.

Additionally, the CFO mentioned that the company expects to secure a finalized contract for its F-35 fighter jets sooner than previously anticipated. This news, however, did not seem to alleviate investor concerns, as the stock continued to decline.