Monday, August 8, 2011

Lockheed Martin (NYSE:LMT) Begins SMSS Journey

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tdp2664 E money daily Lockheed Martin (NYSE:LMT) has started the journey of its SMSS vehicles as part of the Military Utility Assessment. Lockheed Martin (NYSE:LMT) Begins SMSS Journey The US defense contractor Lockheed Martin (NYSE:LMT) announced that four of its Squad Mission Support System (SMSS) vehicles have begun their journey to Afghanistan as part of the Military Utility Assessment. This is the largest autonomous ground vehicle to be deployed with infantry. Scott Greene, Lockheed Martin (NYSE:LMT) ground vehicles vice president, said, "SMSS is the result of more than a decade of robotic technology development, and we welcome the opportunity to demonstrate this capability in theater, where it can have an immediate impact at the squad level. The Army has tested the system’s capabilities in three domestic user assessments, and SMSS has been deemed ready to deploy". Lockheed Martin (NYSE:LMT) shares were at 72.82 at the end of the last day’s trading. There’s been a -8.9% movement in the stock price over the past 3 months. Lockheed Martin (NYSE:LMT) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.52 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.5 Zack’s Rank: 2 out of 6 in the industry



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