How a UPS Transport Gone Wrong Apparently Left Lockheed Martin’s Secrets in China’s Hands F-35 parts landed in Chinese hands, but the risk to Lockheed Martin looks more contained than the headlines suggest. Barchart · Sep 30
What You Need To Know Ahead of Lockheed Martin's Earnings Release Lockheed Martin is poised to announce its third-quarter results soon, and analysts predict a single-digit rise in the company’s bottom-line figure. Barchart · Sep 30
Legendary US spy plane vanishes from California base amid mystery over new NASA aircraft A historic Lockheed SR-71A Blackbird has gone missing from NASA’s Neil Armstrong Flight Research Center in California, igniting speculation about a new cutting-edge experimental aircraft initiative. Recently, NASA Administrator Jared Isaacman teased the possibility of revitalizing the agency's fleet of X-planes, suggesting potential ties to the SR-71A. This remarkable aircraft,… The Economic Times · Sep 25
Amid Rapidly Growing Demand for Several of Lockheed’s Offerings, LMT Stock Looks Meaningfully Undervalued Worries about Congressional Democrats cutting the defense budget appear to be overdone. Barchart · Sep 24
F-35 parts with stealth technology were mistakenly shipped to Hong Kong in May. Now China has reportedly taken possession of them It’s unknown how the delivery got rerouted. We Got This Covered · Sep 24
F-35 stealth jet parts diverted to Hong Kong in major security blunder The Pentagon is investigating how parts of the nation’s most advanced fighter jet ended up in Hong Kong The Independent UK · Sep 24
Lockheed's Stock Hasn't Priced In Its Own Backlog—Boeing's Might Already Have Boeing won a $562 million Navy drone contract and Lockheed Martin secured over $1.3 billion in awards, yet both stocks saw little market reaction due to differing valuation concerns. MarketBeat · Sep 23
Australia investigates after F-35 fighter jet parts bound for US land up in Hong Kong Australian defence minister says the country is working with US and Lockheed Martin to investigate what happened The Independent UK · Sep 22
Australia investigating how F-35 fighter jet parts bound for US went missing in Hong Kong Disappearance of jet components sparks concern some of the program’s technology secrets could have been exposed The Guardian - AU · Sep 22
Why General Motors Is Now in the Missile Manufacturing Business and What It Means for GM Stock General Motors has entered the missile sector, delivering its first batch of parts for the Patriot system. Barchart · Sep 21
Lockheed Martin reveals new secret missile, fast tracks production Lockheed Martin revealed its new AIM-260 missile for countering Chinese threats. This advanced weapon offers greater range and effectiveness than current missiles. The Pentagon is increasing munitions production after depleting stocks during recent conflicts. Australia will purchase approximately $521 million worth of these new JATM missiles. Lockheed Martin will invest… The Economic Times · Sep 17
Lockheed carries out missile launches directly from a drone boat - will the US Navy be next? A crewless sailboat fired two live missiles at RIMPAC, six months after Lockheed and Saildrone started work. The boat sails itself, but a Navy-operated fire control system still makes weapon-deployment decisions. TechRadar · Sep 2
Lockheed Martin Stock: Is LMT Outperforming the Industrial Sector? Although Lockheed Martin has outperformed relative to the industrial sector over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects. Barchart · Sep 2
Tata Advanced Systems locks on to Javelin missile co-production in India The memorandum of understanding (MoU) between Tata Advanced Systems Limited and the Javelin Joint Venture, a partnership between Raytheon and Lockheed Martin, covers the co-production of the Javelin All Up Round (AUR) missile within the country, according to a joint press release issued by the entities. The Economic Times · Aug 31
Fortune · Aug 18 Ousted L3Harris CEO Chris Kubasik forfeits $45 million—but he’ll still walk away with $80 million The ex-CEO was previously forced to resign from Lockheed Martin after a 2012 ethics investigation confirmed he had a personal relationship with a subordinate.
MarketBeat · Aug 14 Is Lockheed Martin Gearing Up to Lead Defense Stocks? Lockheed Martin shares have surged on strong Q2 earnings and a record $230 billion backlog, breaking out technically even as analysts keep a Hold rating with modest upside.
The Economic Times · Aug 10 What is the Patriot missile system and why are supplies depleted worldwide? Global conflicts are rapidly depleting U.S. Patriot missile supplies. Ukraine urgently needs interceptors to counter Russian ballistic missile attacks. The Iran war has drained arsenals in the U.S. and Gulf states. European countries are also conserving missiles for their own defense needs. The U.S. is exploring options for Ukraine to…
The Economic Times · Aug 7 What is the Patriot missile system and why are supplies depleted worldwide? The Patriot air defense system faces high demand amid global conflicts. Ukraine urgently needs interceptors to counter Russian missile strikes. Middle East conflicts have depleted arsenals in the US and Gulf nations. Several European countries are also conserving their missile supplies. This situation prompts increased production and potential foreign manufacturing…
The Guardian - US · Aug 4 Wingtip from downed fighter plane flown by ‘ace of aces’ Richard Bong brought to US from South Pacific Lockheed P-38 Lightning nicknamed ‘Marge’ and flown by Bong crashed in 1944 over what is now Papua New Guinea
Benzinga · Jul 30 Pentagon Commits Over $135 Billion to Patriot Missiles, Nuclear Submarines as Trump Pressures Defense Contractors to Ramp Up Production The Pentagon committed more than $135 billion on Wednesday to accelerate Patriot interceptor and nuclear-submarine production as President Donald Trump presses defense contractors to expand factories and prioritize output over shareholder payouts.
The Economic Times · Jul 30 US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns The US Army awarded Lockheed Martin a significant contract for Patriot interceptor missiles. This deal aims to bolster depleted weapons stockpiles due to ongoing global conflicts. The agreement converts a previous one-year deal into a seven-year procurement plan. Lockheed will triple production capacity and increase jobs at its Arkansas plant.…
MarketBeat · Jul 26 RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? RTX and Lockheed Martin topped Q2 earnings estimates and grew their backlogs to record levels, sending both defense stocks higher as the Iran conflict reignites investor interest.
MarketBeat · Jul 25 Defense Earnings Show Readiness Now and Modernization Ahead Lockheed Martin, Northrop Grumman, and RTX posted record backlogs and raised guidance this week, driven by both near-term missile defense demand and long-term military modernization programs.
Tom’s Hardware · Jul 25 Lockheed Martin unveils counter-drone system that can ‘neutralize up to 50 enemy drones in a single mission’ — sensor-agnostic system uses High Power Microwave to purge enemies from the sky Lockheed Martin has unveiled a ground-launched high-power microwave counter-drone system which cab 'neutralize up to 50 enemy drones in a single mission.'
Benzinga · Jul 24 Lockheed Isn't Waiting For Pentagon Orders Anymore For decades, the U.S. defense industry has followed a familiar playbook: the Pentagon identifies a need, issues a request for proposals, and contractors compete to build the winning system. According to Lockheed Martin Corp (NYSE:LMT), that model is changing.