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 (LMT) received a follow-on order from the Fuerza Aérea Mexicana for a second C‑130J‑30 Super Hercules tactical airlifter, expanding Mexico's modern airlift fleet after its first C‑130J‑30 acquisition in January 2026.
The FAM is recapitalizing legacy Hercules aircraft with the stretch C‑130J‑30 variant, which adds 15 feet of cargo space and offers increased power, range, fuel efficiency and payload capacity. The first C‑130J‑30 has already supported relief missions after earthquakes in Venezuela, and the second aircraft is expected to double this response capability, enhancing Mexico's ability to provide humanitarian aid and strengthen regional security cooperation with U.S. and allied forces.
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.
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.
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.
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.
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.
Lockheed Martin, working with Verizon (NYSE: VZ), NVIDIA, Keysight Technologies, ODC and Astris AI, demonstrated the NetSense Airspace Awareness-as-a-Service system in the Miami area. The July trial used Verizon’s existing 5G spectrum, ODC’s AI-native RAN, NVIDIA’s AI Aerial platform and Keysight’s RF simulation to detect, track and maintain custody of unmanned aircraft systems in real time without changing cellular radio deployments.
NetSense combines Lockheed Martin warning and tracking systems with AI to analyze RF disturbances and send real-time alerts. According to Lockheed Martin, the subscription-based service targets critical infrastructure and public venues, with pilot deployments planned for late 2026–early 2027 and broader commercial availability in 2027.
Lockheed Martin (NYSE: LMT) reported a successful static-fire test of the L3Harris Technologies Stage 2 rocket motor for the Next Generation Interceptor (NGI) program inside a high-vacuum chamber simulating low-Earth orbit. The test validated key performance metrics, supports progress toward Critical Design Review, and aligns with plans to field NGI by 2030, while capital investments in Alabama facilities and nationwide supply chain support aim to meet future missile defense production demands.
Lockheed Martin (NYSE: LMT) launched Strigo™, a modular family of RF sensors, missile datalinks and missile seeker technologies built on a common baseline to support air and missile defense and air‑to‑surface missions. To speed development, the company created a dedicated Strigo Product Center as a storefront for ready-now and near-ready solutions.
The Strigo Product Center, established less than two years ago, has already advanced multiple concepts from design to successful testing and has informed aspects of the PrSM Increment 2 seeker package. According to Lockheed Martin, it has committed $250 million so far to this center to fund proactive R&D and modular architectures intended to lower lifecycle costs and support long-term sustainment.