Lockheed Martin (LMT) Stock News

Lockheed Martin delivered a C-130J-30 Super Hercules to the U.S. Navy on Oct. 15. The aircraft will be modified into the E-130J Phoenix II, the Navy's next-generation TACAMO airborne nuclear command-and-control platform. Northrop Grumman will serve as mission systems integrator.

Lockheed Martin's Skunk Works and the Royal Netherlands Aerospace Centre (NLR) have expanded their strategic partnership, moving from an exploratory MOU to a broader collaboration. The next phase focuses on four pillars: connectivity to the Dutch industrial base, military operational analysis, technology roadmaps, and unmanned aerial systems. The partnership has already matured projects in cutting-edge technologies such as thermoplastics.

Lockheed Martin is investing $300 million to expand its Grand Prairie, Texas facility to 735,000 square feet, creating 6,000 US jobs (2,000 in Texas). The company will add nearly 100 advanced machines by end of 2026 and partner with Hadrian on an automated machining cell starting early 2027.

Lockheed Martin and Avio have signed a strategic cooperation agreement.

L3Harris has been awarded a $250 million contract from Lockheed Martin to supply solid rocket motors. No further details were provided.

Lockheed Martin's board authorized a Q4 2026 dividend of $3.60 per share, a $0.15 increase from the prior quarter, marking the 24th consecutive year of dividend growth. Payable Dec 31 to holders of record Dec 1.

Lockheed Martin debuts PAC-3 Edge interceptor for Army Future Interceptor program.

TD Cowen lowered its price target for Lockheed Martin from $600.00 to $570.00.

Barclays started coverage of Lockheed Martin (LMT) with an Equal-Weight rating. The firm did not provide a price target.

Barclays initiated Lockheed Martin (LMT) coverage with Equal Weight rating and $554 price target. The neutral stance offers a benchmark for defense sector valuation.

Rothschild & Co Redburn began coverage of Lockheed Martin with a Buy rating and $650 price target, signaling confidence in the defense contractor's outlook.

Rothschild & Co started coverage on Lockheed Martin (LMT) with a Buy rating. No price target was disclosed.

A claim on a prediction market states Lockheed Martin disclosed a collaboration between OpenAI and its F-35 program to address complex math and physics problems. The source is unverified and lacks detail.

Elroy Air expanded its PIPE commitments to $175 million ahead of its SPAC merger with Inflection Point Acquisition Corp. VII (IPXG). Lockheed Martin Ventures participated, and $75 million has already been funded. The company also highlighted recent milestones: a $46M U.S. Army contract, tripled Bristow delivery reservations (15 slots), and first autonomous flights under FAA eIPP.

The Mexican Air Force has ordered a second C-130J-30 Super Hercules tactical airlifter from Lockheed Martin, following the first aircraft announced in January 2026. The stretch-variant aircraft adds cargo capacity and supports humanitarian and regional security missions.

Lockheed Martin has been awarded a $1.2 billion contract for the Precision Strike Missile (PRSM) Increment 2, following the system's second maritime test. The contract reinforces Lockheed's position in the U.S. Army's long-range precision strike program. PRSM Increment 2 features a multimode seeker for moving land and maritime targets. Additional testing is scheduled for 2027, and Lockheed plans to quadruple PRSM production capacity to support anticipated demand.

Trump posted on Truth Social that he is leaving the White House lawn on the maiden voyage from the newly built heliport, thanking Lockheed Martin CEO Jim Taiclet for a valuable contribution. He said the government had been thinking about it for 25 years but never got it done.

Lockheed Martin's CFO indicated that third-quarter program risk retirements could be lower than in Q2, and there may be some lumpiness as the company approaches its guided margins. The statement suggests potential variability in quarterly earnings within the guided range.

Germany is set to purchase €3.4 billion worth of US Tomahawk missiles and Lockheed Martin Typhon systems. The deal provides a clear revenue boost for Lockheed Martin and underscores strong NATO-aligned demand for US defense hardware.

IBM and Lockheed Martin announced a Swiss Quantum Innovation Hub at ETH Zurich, featuring Switzerland's first IBM quantum computer. The hub will focus on quantum computing research and development.

Lockheed Martin received a $826 million modification to an existing contract with the U.S. Air Force for Joint Air-to-Surface Standoff Missile and Long Range Anti-Ship Missile large lot procurement.

Lockheed Martin has been awarded a $1.32 billion contract by Australia to develop the Joint Air Battle Management System. The work adds to the company's defense backlog and supports its integrated air and missile defense portfolio.

The Pentagon has entered into seven-year agreements with General Dynamics and Lockheed Martin to accelerate production of THAAD and Patriot missile interceptors.