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.
Resecurity, a U.S.-based cyber threat intelligence and digital risk management firm, has joined the Space Information Sharing and Analysis Center (Space ISAC) as a member. The collaboration focuses on expanding information sharing, enhancing threat intelligence, and strengthening collective defense for critical space infrastructure.
According to Resecurity and Space ISAC, the partnership will support cyber resilience across the global space ecosystem through joint analysis, training, operational collaboration, and exchange of actionable threat intelligence. Resecurity contributes capabilities such as external attack surface monitoring, digital risk management, fraud prevention, dark web intelligence, and adversary infrastructure tracking to help protect terrestrial and space-based assets.
Lockheed Martin Skunk Works (NYSE: LMT), the U.S. Air Force Test Pilot School and industry partners demonstrated sensor‑powered AI autonomy on the X‑62 Variable In‑flight Simulation Test Aircraft (VISTA) at Edwards Air Force Base. Across eight flights, the X‑62 executed 27 AI‑controlled air intercepts against a live T‑38 target, using targeting data from an operational Legion Pod sensor.
The objective was to prove that the X‑62’s integrated autonomy architecture can use real sensor data to inform AI behavior, validating the full cycle from development and simulation through training and flight. Skunk Works cites its “Supermassive” AI agent generation capability and a three‑month integration and ground test timeline, and plans a Mission Systems Upgrade to enable broader integration of combat systems, sensors and airborne AI agents within a next‑generation mesh network.
Lockheed Martin (NYSE: LMT) has been awarded a seven-year undefinitized contract action modification by the U.S. government for up to $53.86 billion to produce PAC-3 Missile Segment Enhancement (MSE) interceptors, supporting the Department of War's Acquisition Transformation Strategy. This award raises the total multiyear contract value to $58.62 billion, including a prior $4.7 billion award for year one.
According to Lockheed Martin, the funding is expected to enable tripled PAC-3 MSE production capacity by the end of 2030 and support a 50% workforce increase in Camden, Arkansas, from 1,200 to about 1,850 jobs. The company also highlights plans to invest $8–$9 billion through 2030 to modernize more than 20 U.S. facilities and scale munitions output, alongside a previously awarded $35 billion multiyear THAAD interceptor contract under the same acquisition model.
Lockheed Martin (NYSE:LMT) reported second quarter 2026 sales of $20.1 billion, up 11% from 2025, with net earnings of $1.8 billion and diluted EPS of $7.94. Business segment operating profit rose to $2.2 billion, and free cash flow reached $2.9 billion.
Cash from operations was $3.2 billion. The company booked $65 billion of new orders, taking backlog to a record $230 billion, including a $35 billion multi‑year THAAD interceptor contract with the Missile Defense Agency. According to Lockheed Martin, 2026 guidance was raised for sales, segment operating profit, EPS and free cash flow.
Lockheed Martin (NYSE:LMT) announced that its board of directors has authorized a third quarter 2026 dividend of $3.45 per share. The dividend will be paid on September 25, 2026, to shareholders of record as of the close of business on September 1, 2026. According to Lockheed Martin, the company continues to invest in programs that drive its backlog while maintaining a disciplined and dynamic capital allocation approach.
Lockheed Martin (NYSE: LMT) and Venus Aerospace entered a joint technology development agreement to evaluate and mature Rotating Detonation Rocket Engine (RDRE) propulsion for future long-range precision fires. The collaboration aims to accelerate transition of Venus Aerospace's flight-tested RDRE technology from subsystem demonstration into practical missile applications.
According to Lockheed Martin, RDREs use continuously traveling detonation waves rather than subsonic combustion, which could improve propulsion efficiency, extend range, increase speed and maintain compatibility with affordable, scalable production. Lockheed Martin will apply its systems integration and advanced manufacturing expertise to assess RDREs against operational military requirements and potential next-generation precision fires roles.
Lockheed Martin (NYSE:LMT) introduced the MORFIUS™ X-Rotor, an airborne high-power microwave (HPM) counter-drone system designed to neutralize more than 50 hostile drones in a single flight while remaining field-recoverable and reusable. The system aims to keep cost per kill low and is sensor and command-and-control agnostic, avoiding reliance on dedicated fire-control radars.
According to Lockheed Martin, MORFIUS is the only ground-launched, field-reusable airborne HPM system that can achieve this kill capacity using any command and control system. The company is accelerating prototype production and planning further flight tests after recent campaigns in Arizona, California and Oklahoma, aligning the program with the U.S. Department of War's 2025‑2028 Rapid Response Counter-UAS Roadmap.
Lockheed Martin (NYSE:LMT) introduced the PAC-3 Adapted Capability Effector (PAC-3 ACE), a new low-cost interceptor designed to defeat a broad range of air and missile threats at less than half the per-unit cost of the PAC-3 MSE. Built on the existing PAC-3 fire-control system, PAC-3 ACE is fully linked to the Patriot weapon system and the Integrated Battle Command System (IBCS) to accelerate development, testing and deployment. The company plans to collaborate with American and European partners to jointly develop and produce PAC-3 ACE, aiming to increase magazine depth, provide multi-threat coverage, and strengthen interoperable, transatlantic air and missile defense.
Lockheed Martin (NYSE: LMT) has been named by the Department of War as prime contractor for U.S. Special Operations Command’s next-generation logistics and sustainment program, the Special Operations Forces Global Logistics Support Services II (GLSS2), under a $10.5 billion, 12-year contract.
According to the company, GLSS2 is a competitive follow-on to contracts it has managed since 2010 and covers global supply chain operations, repair and maintenance of aircraft, vehicles and equipment, and critical infrastructure and business process transformation. USSOCOM identifies SOF GLSS 2 as its largest service contract vehicle. Lockheed Martin leads a team of subcontractors, operates SOF GLSS from Bluegrass Station in Lexington, Kentucky, and reports employing over 3,300 people worldwide in this line of work, supporting around-the-clock operations for military and government agencies.
Lockheed Martin (NYSE: LMT) is expanding Lockheed Martin Ventures by opening a London office and earmarking at least $100 million of its $1 billion venture fund for investments in the United Kingdom and Europe. The move aims to back promising defense technologies, support allied customers, and strengthen the transatlantic defense industrial base.
According to the company, the fund’s capacity was increased from $400 million to $1 billion in April. Lockheed Martin Ventures has invested more than $500 million in over 120 companies since 2007, maturing 60 of them into suppliers, including several in European markets.