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Lockheed Martin (LMT) Stock News

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Lockheed Martin (LMT) signed a framework agreement with the U.S. Department of War to rapidly accelerate production and delivery of the AIM-260 Joint Advanced Tactical Missile (JATM).

The agreement underpins a planned multiyear procurement contract, pending Congressional approval, which is intended to provide long-term demand and expand the defense industrial base for the program. Lockheed Martin will fund necessary internal investments to support higher production rates in partnership with the U.S. Air Force and Navy. Australia has separately announced a nearly $736 million investment to equip the Royal Australian Air Force with JATM, supporting allied air dominance and interoperability.

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Ducommun (DCO) received a follow-on agreement from Simmonds Precision Products valued at over $35 million to provide electronic assemblies for Lockheed Martin’s PAC-3 missile family.

The work will be performed at Ducommun’s engineering and manufacturing performance center in Tulsa, Oklahoma and extends the company’s existing PAC-3 missile franchise, which management links to growth in its defense business under its VISION 2027 Strategy.

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Lockheed Martin (LMT)/b) announced that Chairman, President and CEO Jim Taiclet and CFO Evan Scott will join a fireside chat at Morgan Stanley's 14th Annual Laguna Conference on Thursday, September 17, from 7:45 to 8:20 a.m. PT. A live webcast and a replay available for two weeks can be accessed via the company's investor relations website.

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IBM (IBM) and Lockheed Martin (LMT) have established a quantum innovation hub at ETH Zurich, which plans to host Switzerland's first IBM Quantum System Two at the Swiss National Supercomputing Center in Lugano.

The system, operated by IBM and powered by an IBM Quantum Nighthawk processor, is expected to be deployed by the end of 2026. ETH Zurich will provide access, expertise and resources for Swiss industries, startups and academia, including cloud access to IBM's broader quantum fleet. The initiative aims to accelerate research, develop new algorithms and industrial use cases, and support quantum education and workforce development across Switzerland.

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FAQ

What is the current stock price of Lockheed Martin (LMT)?

The current stock price of Lockheed Martin (LMT) is $505.41 as of October 2, 2026.

What is the market cap of Lockheed Martin (LMT)?

The market cap of Lockheed Martin (LMT) is approximately 116.6B.