Welcome to our dedicated page for Lockheed Martin news (Ticker: LMT), a resource for investors and traders seeking the latest updates and insights on Lockheed Martin stock.
Lockheed Martin reports developments across its defense technology programs, including military aircraft, missile defense, space systems, and command-and-control platforms. Recurring updates cover F-35 and F-16 aircraft activity, Skunk Works® technologies such as the MDCX™ platform, layered missile defense programs using THAAD, PAC-3 and related interceptor experience, and GPS satellite production and launches.
Company news also includes U.S. and allied customer selections, contract awards, quarterly operating results, capital and production initiatives, and leadership changes within major businesses such as Aeronautics and Space.
Lockheed Martin (NYSE:LMT) has broken ground on a new Munitions Production Center in Troy, Alabama. The 87,000-square-foot Building 47 will support THAAD interceptors and future Next Generation Interceptor (NGI) work, nearly doubling current production space and creating significant jobs over three years.
This project is part of a more than $9 billion investment through 2030 to scale munitions production and upgrade or build over 20 U.S. facilities. Lockheed Martin reports having already invested well over $1 billion, tripling PAC-3 MSE capacity and planning to quadruple THAAD and Precision Strike Missile output.
Lockheed Martin (NYSE:LMT) announced that Chairman, President and CEO Jim Taiclet and CFO Evan Scott will speak at Bernstein's 2026 42nd Annual Strategic Decisions Conference on May 27, from 9:00 to 9:50 a.m. ET, with a live and two-week replay webcast.
The commentary highlights how U.S. military drone expansion depends on Chinese rare earth magnets, a key risk for defense contractors such as Boeing (NYSE: BA), Lockheed Martin, RTX, Northrop Grumman and General Dynamics.
China controls about 98% of rare earth magnet manufacturing, while at least 80,000 components across 1,900 U.S. weapons systems use Chinese-sourced rare earths. The Pentagon has ordered 30,000 one-way attack drones, with plans to scale above 300,000 by early 2028 and allocated $13.6 billion for autonomous systems in the 2026 defense budget.
Realloys (ALOY) is profiled as a fully non-Chinese "mine to magnet" heavy rare earth supplier in North America. It holds an exclusive offtake for 80% of the Saskatchewan Rare Earth Processing Facility output and raised an upsized $50 million public offering, with about $40 million earmarked to build a large heavy rare earth metallization facility targeting first operations in 2027. New 2027 procurement rules are expected to ban Chinese-origin rare earths from the U.S. defense supply chain.
Lockheed Martin (NYSE:LMT) declared a second quarter 2026 dividend of $3.45 per share. The dividend will be paid on June 26, 2026 to shareholders of record at the close of business on June 1, 2026, while the company maintains disciplined capital allocation.
Lockheed Martin (NYSE: LMT) announced that Aeronautics President Greg Ulmer will retire after more than 30 years, effective June 1. Orlando “OJ” Sanchez Jr. will succeed him as president of Aeronautics, a $30 billion business with >35,000 employees. Ulmer will serve as a strategic advisor during the transition. Sanchez joined Lockheed Martin in 2014 and most recently led Skunk Works.
Lockheed Martin (NYSE:LMT) was selected by U.S. Space Force Space Systems Command to develop capabilities for the Space-Based Interceptor (SBI) program, advancing an integrated, layered homeland missile defense solution. The work will accelerate development, testing and integration and aims for an integrated demonstration by 2028.
Lockheed Martin says SBI leverages experience from THAAD, PAC-3, Next Generation Interceptor, hypersonic strike systems and missile warning/tracking systems to provide an early engagement layer that expands coverage and survivability against evolving missile threats.
3 Rare Earth Metals Keeping Pentagon Planners Up At Night (symbol: BA) highlights critical supply risks for neodymium, dysprosium, and terbium, where >90% of production and metallization sits in China. REalloys (ALOY) and Saskatchewan Research Council partner to build a North American mine-to-metal supply chain, with an EXIM Letter of Intent for $200 million and phased output targets ahead of the DFARS 10 U.S.C. §4872 China-origin ban effective January 1, 2027.
Lockheed Martin (NYSE:LMT) Skunk Works MDCX platform controlled the first flight of the U.S. Navy's Boeing MQ-25A Stingray on April 22, 2026, from MidAmerica St. Louis Airport.
The MDCX software serves as the ground control component of the Navy's UMCS MD-5 ground control station and was selected for MQ-25A in 2020, demonstrating a ready-now, open-architecture C2 capability for carrier-based unmanned operations.
Lockheed Martin (NYSE:LMT) announced Peru will purchase 12 F-16 Block 70 fighters to modernize its air force, strengthen sovereignty, and deepen U.S. partnership. The jets will be produced in Greenville, South Carolina; Peru will join 29 other F-16 operators and a global fleet of > 2,800 aircraft.
Lockheed Martin (NYSE:LMT) reported Q1 2026 sales of $18.0 billion and net earnings of $1.49 billion ($6.44 diluted EPS). Cash from operations was $220 million and free cash flow was $(291) million. The company reaffirmed 2026 guidance: $77.5–$80.0 billion sales and $6.5–$6.8 billion free cash flow. Lockheed also signed multiyear framework agreements to accelerate munitions production, targeting a 3–4x increase in production rates and supporting investments in production infrastructure, supply chain, and workforce.