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 (LMT) authorized a fourth-quarter 2026 dividend of $3.60 per share, payable on December 31, 2026. The dividend increases by $0.15 per share over the last quarter and goes to holders of record at the close of business on December 1, 2026. This marks the company's 24th consecutive year of dividend increases.
Lockheed Martin (LMT) debuted PAC-3 Edge, a new interceptor for the U.S. Army's Future Interceptor program, which remains in competition. The Army advanced Lockheed Martin to the next development stage. The company plans to begin testing in 2027 to prepare for rapid deployment by 2031. PAC-3 Edge builds on PAC-3 MSE technology and is designed to counter air, missile and hypersonic threats at higher altitudes and longer ranges.
Starfighters Space (FJET) has completed the first flight hardware for its Wind Tunnel in the Sky reusable airborne testing platform. Robby Moto Engineering manufactured the components under a production agreement. They are en route to NASA's Kennedy Space Center for assembly into two modular underwing flight articles compatible with the company's existing F-104 aircraft pylons.
The company plans to expand testing capabilities for hypersonic technologies, advanced materials, sensors and other flight systems, alongside scientific payloads requiring extended-duration microgravity. The platform is designed for sustained Mach 2+ flight—more than twice the speed of sound. Before customer missions, the hardware must undergo ground handling, aircraft integration tests and flight evaluations while attached to the aircraft. Starfighters expects the program's flight data and operational experience to support development of its STARLAUNCH air-launch system.
Boeing (BA) received a contract award worth approximately $14.7 billion from Lockheed Martin to scale PAC-3 MSE seeker production and deliveries.
The award is an undefinitized contract action, meaning its terms are not yet finalized. It enables Boeing to triple seeker production under a previously announced seven-year framework agreement with the U.S. Department of War. Production ramp-up and hiring began earlier this year following the framework announcement. Boeing has invested in expanding its seeker factory and modernizing facilities, alongside supplier and process improvements. The company expects the contract to create hundreds of direct and indirect jobs in the Huntsville, Alabama, area.
Lockheed Martin (NYSE: LMT) joined Finland in marking the arrival of its first two permanently based F-35A aircraft in the country.
Finland has now received 10 of its 64 F-35A aircraft. Eight are temporarily stationed in Arkansas, where Finnish pilots and maintainers are training ahead of the aircraft's continued introduction into Finnish service. Earlier this year, Patria became the first company other than Lockheed Martin to produce the F-35 forward fuselage, a section of the aircraft's body.
Lockheed Martin (LMT) will webcast its third-quarter 2026 earnings conference call on October 22, 2026, at 8:30 a.m. ET. Earnings results, presentation slides and financial charts will be available before the market opens that day.
Chairman, president and CEO Jim Taiclet, CFO Evan Scott and Investor Relations vice president Mark Kvasnak will discuss results, provide updates and answer questions. The listen-only webcast will be available on the investor website, with an on-demand replay available through November 5, 2026.
Lockheed Martin (NYSE: LMT) MDCX powers the U.S. Navy’s second operational MD-5C ground control station for unmanned aircraft operations. USS Ronald Reagan received the station in August 2026, following USS Theodore Roosevelt in March. The deployments doubled the Navy’s capacity to operate the MQ-25A Stingray over five months. MDCX provides mission planning and execution software within the carriers’ onboard Unmanned Air Warfare Centers.
Mexico’s air force has acquired a second Lockheed Martin (LMT) C-130J-30 Super Hercules tactical airlifter as it modernizes its legacy fleet. The acquisition follows the first aircraft purchase announced in January 2026, which made Mexico the first Latin American nation to join the Super Hercules fleet.
Lockheed Martin expects the second aircraft to double Mexico’s C-130 response capacity. Earlier-model C-130 Hercules aircraft, not C-130J-30 aircraft, carried out the earthquake-relief mission in Venezuela cited as an example of Mexico’s humanitarian operations.
Lockheed Martin (LMT) received an indefinite delivery, indefinite quantity contract worth up to $1.2 billion from the U.S. Army to produce Precision Strike Missile (PrSM) Increment 2, following a second successful maritime flight test.
The IDIQ covers initial procurement, future orders, follow-on production and continued development, with work performed at Lockheed Martin facilities and across its U.S. industrial base. PrSM Increment 2 completed flight tests in March and August, engaging moving maritime targets and collecting critical flight data. The award moves Increment 2 from development and testing into production and supports the Army’s next-generation long-range precision fires capability, including a multimode seeker for moving land and maritime targets. Additional flight tests are scheduled for 2027.
Lockheed Martin (LMT) reported first delivery of PAC-3 MSE interceptor missile housing components from GM Defense just 22 days after signing a formal contract on August 6.
The rapid turnaround replaces a process that can traditionally take months to years and is presented as evidence of combining commercial manufacturing speed with defense-grade quality. Lockheed Martin is investing $8–9 billion to scale munitions production, including new buildings, site expansions and thousands of jobs across more than 20 U.S. locations. Production and warehousing space dedicated to munitions is expected to increase by almost 50% after planned expansions.