Latest LMT News & Updates

See the latest news and media coverage for LMT. We track all announcements, press releases, and industry mentions in real time, all in one place.

LMT

Telecommunications and technology services provider

lmt.lv

Headquarters: Rīga, Latvia
Founded year: 1992
Company type: Private company
Number of employees: 1,000–5,000
Industry: Wireless Telecommunications Services

Last updated October 23

Latest news about LMT

In short: LMT reported strong nine-month growth, with turnover reaching €262.6 million and new-venture revenue doubling.

Company announcements

October 23 LMT

LMT reports nine-month results from a hot air balloon

Vice President Ingmārs Pūķis reflects on them above the autumnal Sigulda, emphasizing the group's growth outside Latvia.

October 22 LMT

LMT Group's revenues from new directions have doubled

In the first nine months of the year, export and development of new solutions accounted for a 97% increase in revenue, with total turnover reaching EUR 262.6 million.

July 17 LMT

LMT group's turnover increased by 11%

EBITDA increased by 2.5%, the number of customer connections increased by 30,000, and 13.3 million euros were invested in the network.

April 29 LMT

LMT group improves IT systems for Saeima elections

Together with partners Tet and Latvian State Forests, focuses on polling station operations, secure and accurate compilation of results. Relies on experience in cybersecurity and critical infrastructure.

Media coverage

September 20 TelecomTV

LMT Group and Novaspace partner to develop strategy for 5G/6G satellite communications hub in Latvia

During the international Industry Space Days 2026 event at the European Space Agency's ESTEC facility in Noordwijk, the Netherlands, the Latvian Mobile...

May 19 GuruFocus

Is LMT Overvalued? DCF Says Worth $368

On May 19, 2026, we conducted a discounted cash flow (DCF) analysis for Lockheed Martin Corp (LMT), a company that has seen a price performance...

May 2 Houston Chronicle

LMT wins six awards, sets its new high for first-place finishes at 2026 TME awards

Laredo Morning Times won six TME awards, including its most ever first-place honors, at the 2026 Texas Managing Editors/Headliners Excellence in Journalism Contest in El...

April 23 GuruFocus

Lockheed Martin (LMT) Shares Drop 5% After Q1 Earnings Miss Expe

On April 23, 2026, Lockheed Martin Corp LMT experienced a stock decline of approximately 5% following its first-quarter earnings report, which fell short of Wall...

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