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.
As the Pentagon's January 2027 ban on Chinese-origin rare earth materials nears, REalloys (ALOY) is investing $20.6 million in Saskatchewan Research Council's Saskatoon facility, securing exclusive preferred rights to up to 80% of expanded NdPr, dysprosium, and terbium output.
REalloys is also funding a standalone heavy rare earth metallization system, to be transferred to its Ohio plant, and has signed a 15-year offtake for 15% of Phase 1 production from Greenland's Tanbreez project. The commentary highlights how this emerging Western supply chain underpins major defense contractors, including Boeing (NYSE: BA), Lockheed Martin, RTX, Northrop Grumman, and General Dynamics.
Lockheed Martin (NYSE:LMT) reported a first-ever launch of a Sanctum C-UAS–controlled JAGM missile from its GRIZZLY containerized launcher, successfully intercepting a Group 3 one-way attack test drone. Fortem R-40 radars, Sanctum battle management and GRIZZLY were integrated with hardware-in-the-loop and live-fire testing in under 45 days.
The system combines scalable radar sites, wireless connectivity, containerized launch, low-cost commercial sensors and eight-round capacity to provide distributed, modular, layered defense for Group 1–4 UAV threats on land and maritime platforms.
Lockheed Martin (NYSE:LMT) opened an 88,000-square-foot Missile Assembly Building 5 in Courtland, Alabama to produce the Next Generation Interceptor (NGI) for the Missile Defense Agency.
The facility consolidates advanced digital manufacturing, automation and “digital twin” processes to support faster, high-quality NGI production and bolster U.S. homeland missile defense while expanding high-skill jobs in North Alabama.
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.