LMT Lockheed Martin Corporation
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Lockheed Martin Upgraded to Buy, UBS Eyes 150% Missile Growth Surge
UBS upgraded Lockheed Martin (LMT) to Buy from Neutral on Tuesday. The bank raised its 12-month price target to $674 from $581. Analysts project a 9% revenue...
Sweden to Acquire Lockheed Martin's HIMARS in $729 Million Deal
Sweden will purchase the High Mobility Artillery Rocket System (HIMARS) from Lockheed Martin. The deal totals approximately $729 million, or 7 billion Swedish...
Lockheed Martin faces supply risks, as China restricts critical laser minerals
Lockheed Martin (LMT) faces heightened supply chain risks following China's decision to restrict exports of 12 critical minerals. These materials are essential...
Lockheed Martin and General Dynamics land Pentagon deals, tripling missile output
The Pentagon signed seven-year framework agreements with Lockheed Martin and General Dynamics to expand missile defense interceptor production. These deals aim...
Lockheed Martin JV Signs MoU with Tata to Co-Produce Javelin Missiles in India
The Javelin Joint Venture (JJV) signed a memorandum of understanding (MoU) with India's Tata Advanced Systems Limited (TASL). JJV is a partnership between...
Robert Olstein's Firm Exits Lockheed Martin Amid Fund Merger
In a significant portfolio shift, Robert Olstein's Olstein Capital Management completely sold its stake in defense contractor Lockheed Martin (LMT) during the...
🟢 Lockheed Martin is trading 6.6% up in after-hours trading
Lockheed Martin is trading 6.6% up at $600.97 after closing at $563.85 on August 28, with no clear, directly attributable catalyst identified. - The company...
Lockheed Martin F-35 costs surge $51 billion, driven by system upgrades
Lockheed Martin Corp.’s F-35 program costs increased by approximately $51 billion since the end of 2023, according to Bloomberg. Necessary upgrades to...
Lockheed Martin Delays Bulgaria F-16 Deliveries to 2030, Citing Production Issues
Lockheed Martin postponed the delivery of eight F-16 Block 70 fighter jets to Bulgaria. The company set a new delivery timeline for the second quarter of 2030....
Lockheed Martin fires JAGM from Saildrone, proving rapid combat integration
Lockheed Martin and Saildrone completed a live-fire demonstration of the Joint-Air-to-Ground Missile (JAGM) from an unmanned surface vessel. The test occurred...
Lockheed Martin Launches Strigo Defense Suite, Slashing Development Time to Months
Lockheed Martin launched Strigo™, a modular defense family including radio-frequency sensors, missile seekers, and datalink technologies. The common...
Hadrian raises $1.37B for AI defense factories, hitting $8B valuation
Hadrian raised $1.37 billion in a Series D funding round. The investment values the defense manufacturing startup at nearly $8 billion. The company operates...
Lockheed Martin targets US minerals, cutting China supply reliance
Lockheed Martin is negotiating with U.S.-linked companies to secure critical minerals. The initiative supports the Trump administration's push to reduce supply...
Lockheed Martin AI intercepts live jet, advancing autonomous combat
Lockheed Martin’s Skunk Works and the U.S. Air Force Test Pilot School demonstrated an AI agent autonomously flying a fighter jet. The AI-controlled X-62A...
Lockheed Martin Lands $54 Billion Army Deal, Pushing Backlog Toward $300 Billion
Lockheed Martin received a $53.86 billion contract modification from the U.S. Army for PAC-3 Missile Segment Enhancement interceptors. This agreement spans...
Lockheed Martin Wins $58.6B Patriot Missile Deal, Tripling Output Amid Global Demand
The U.S. government awarded Lockheed Martin a contract valued at up to $58.62 billion. This agreement covers a seven-year production period. The undefinitized...
Lockheed Martin targets joint production in Ukraine, focusing on Patriot systems
President Volodymyr Zelenskyy met Lockheed Martin representatives in Washington on July 28. The meeting focused on deepening defense partnerships through joint...
Lockheed Martin builds weapons before orders, accelerating delivery amid rising tensions
Lockheed Martin is shifting its business model to develop weapons and expand manufacturing capacity before receiving formal Pentagon contracts. CEO Jim Taiclet...
Lockheed and BAE lead record $4.1B startup investment, targeting drone tech
Global defense contractors invested a record $4.1 billion in military technology startups year-to-date. Dealroom data indicates this funding surge helps...
RBC Capital Raises Lockheed Martin Price Target to $600
RBC Capital increased its price target for Lockheed Martin (LMT) to $600 from $575. The firm reaffirmed its 'Sector Perform' rating. This adjustment follows...