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 (NYSE: LMT) and the Department of War announced a framework agreement to accelerate production of Precision Strike Missiles (PrSM), building on a prior $4.94 billion Army contract and aiming to quadruple PrSM production capacity. The deal includes the ability to negotiate a multi‑year contract up to seven years, contingent on future congressional authorization. Lockheed cites >115,000 sq ft of PrSM operations, ~400 current U.S. employees, and its >$7 billion cumulative investment in capacity expansion.
Lockheed Martin (NYSE:LMT) subsidiary ForwardEdge ASIC announced a strategic collaboration with BrainChip to integrate BrainChip’s Akida neuromorphic AI into ForwardEdge ASIC architectures for RF and signal-processing edge systems. The partnership targets ultra-low-power, low-latency cognitive sensing solutions by embedding AI acceleration directly into custom ASIC and RF platforms.
The collaboration emphasizes real-time classification, scalable ASIC reuse across programs, and reduced data movement and power consumption to enable autonomous edge operation in aerospace, defense, and advanced-technology applications.
Lockheed Martin (NYSE: LMT) Chairman, President and CEO Jim Taiclet and CFO Evan Scott will speak at Citi's 2026 Global Industrial Tech and Mobility Conference on Wednesday, Feb. 18, 2026 from 2:40–3:20 p.m. ET.
A live webcast will be available at the company's investor site and a replay will be accessible for two weeks after the presentation.
Lockheed Martin (NYSE: LMT) declared a first quarter 2026 dividend of $3.45 per share, payable March 27, 2026, to shareholders of record as of close of business March 2, 2026.
The company said it is significantly increasing investments while maintaining a disciplined, dynamic approach to capital allocation.
Lockheed Martin (NYSE: LMT) reported 2025 sales of $75.0 billion (up 6%) and net earnings of $5.0 billion or $21.49 per share, including a $479 million pension settlement charge. Cash from operations was $8.6 billion and free cash flow $6.9 billion. Record backlog reached $194 billion. Fourth quarter sales were $20.3 billion with net earnings of $1.3 billion ($5.80 per share). The company provided 2026 outlook: sales of $77.5–$80.0 billion, diluted EPS $29.35–$30.25, and free cash flow $6.5–$6.8 billion.
Lockheed Martin (NYSE: LMT) signed a framework agreement with the U.S. Department of War to quadruple THAAD interceptor production from 96 to 400 interceptors per year, phased over the next seven years. The company will break ground on a new Munitions Acceleration Center in Camden, Arkansas, and expects an initial contract award tied to final FY2026 Congressional appropriations.
Lockheed Martin cites >$7 billion invested since 2017, including ~$2 billion for accelerating munitions, and plans multibillion-dollar investments over three years to expand and modernize 20+ facilities.
Lockheed Martin (NYSE: LMT) launched its ninth GPS III space vehicle, GPS III SV09, into orbit on Jan 28, 2026, aboard a SpaceX Falcon 9 from Cape Canaveral.
SV09 achieved signal acquisition and is under Lockheed Martin operational control pending official acceptance into the GPS operational control network. GPS III delivers 3x better accuracy, 8x improved anti-jamming, and M-code for military users. SV09 also carries a laser retroreflector array to improve Earth-orientation measurements. Lockheed Martin completed production of GPS III SV01–SV10 and is manufacturing next-generation GPS IIIF satellites.
Lockheed Martin (NYSE: LMT) announced that the Fuerza Aérea Mexicana purchased its first C-130J-30 Super Hercules, making Mexico the first country in Latin America to operate the C-130J. The sale closed in 2025 and was the first of two international C-130J contract awards that closed out last year. The C-130J-30 adds 15 feet of cargo space and offers increased power, range and fuel efficiency. Mexico joins 24 other nations and a global fleet of more than 560 C-130Js, enabling faster modernization through existing logistics and maintenance infrastructure.
Lockheed Martin (NYSE: LMT) hosted Secretary of War Pete Hegseth at its Fort Worth F-35 production facility on January 12, 2026, highlighting the company's role in accelerating acquisition transformation and supporting the warfighter.
Key points: 600 employees attended the event out of 19,000 Fort Worth staff; the company reported a record 191 F-35 deliveries in 2025; annual F-35 production is running at a pace five times faster than any other allied fighter in production; and Lockheed announced a landmark framework agreement with the U.S. Department of War to accelerate production and delivery of PAC-3 MSE interceptors.
Lockheed Martin (NYSE:LMT) reported a record F-35 production year in 2025, delivering 191 aircraft versus the prior record of 142. Annual production now runs at a pace the company says is five times faster than other allied fighters, and the program surpassed one million flight hours. The program completed TR-3 software and sustained a global fleet of about 1,300 aircraft. International orders grew with Italy adding 25 jets and Denmark 16. In September, the F-35 Joint Program Office and Lockheed Martin finalized Lots 18-19 for up to 296 F-35s for $24 billion and agreed an Air Vehicle Sustainment Contract for 2025 and beyond.
The release highlights operational use in 2025, including deployment flight hours and reported combat engagements, and emphasizes continued production, sustainment, and global demand.