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 Corporation (NYSE: LMT) generates frequent news coverage as a global defense technology company active in guided missile and space vehicle manufacturing, fighter aircraft production, missile defense, space systems, autonomy and artificial intelligence. The Lockheed Martin news feed on Stock Titan aggregates company announcements, program milestones and regulatory disclosures so readers can follow developments that shape the company’s operations and its role in U.S. and allied defense.
Recent news highlights include record annual deliveries of F-35 Lightning II fighter aircraft, ongoing expansion of the global F-35 fleet, and production of F-16 Block 70 aircraft for allied air forces under the U.S. Foreign Military Sales program. Articles also cover contracts and agreements for PAC-3 Missile Segment Enhancement interceptors, the Next Generation Interceptor production facility in Alabama, and space vehicle awards from the U.S. Space Development Agency for missile warning and tracking constellations.
Coverage extends to advanced research and autonomy demonstrations from Lockheed Martin Skunk Works, such as AI-driven mission contingency management for unmanned aerial vehicles and integration of multi-class drone command and control platforms. News about Astris AI, the company’s AI-focused subsidiary, details the Astris AI for Government initiative and its collaborations aimed at delivering secure AI platforms for federal and commercial customers.
Investors and observers can also find information on scheduled earnings webcasts, financial updates referenced in 8-K filings, and broader industrial investments in facilities and supply chains. By reviewing this news stream, users can track how Lockheed Martin’s programs, contracts, technology initiatives and financial communications evolve over time and influence the LMT stock narrative.
Lockheed Martin (NYSE: LMT) has announced that Chief Financial Officer Jay Malave will participate in a fireside chat at J.P. Morgan's 2025 Industrial Conference. The event is scheduled for Thursday, March 13, from 7:30 a.m. to 8:05 a.m. ET.
The presentation will be accessible via webcast through Lockheed Martin's investor relations website. Interested parties can view the live session, and a replay will remain available for two weeks following the presentation.
Lockheed Martin (NYSE: LMT) is set to launch its self-funded LM 400 technology demonstration satellite as early as March 15, 2025, aboard a Firefly Aerospace Alpha rocket from Vandenberg Space Force Base. The spacecraft, which arrived in California on March 1, is undergoing pre-launch processing at Astrotech Space Operations.
The demonstration aims to validate the design and risk-reduction efforts for LMT's mid-sized, LM 400 multi-mission satellite bus. The launch will also serve as a training opportunity for the U.S. Space Force's Space Safari Responsive Space program and Commercial Augmentation Space Reserve (CASR).
The LM 400 platform is Lockheed Martin's most flexible satellite bus, capable of supporting military, commercial, and civil missions. It can be customized for various applications including remote sensing, communications, imaging, and radar, operating in any orbit. The company confirms the LM 400 is already under contract.
Lockheed Martin's [NYSE: LMT] F-35 fleet has achieved a significant milestone by surpassing 1 million flight hours, demonstrating the program's extensive reach in maintaining global air dominance. The achievement includes the first combat operations of all F-35 variants, with the F-35C completing its inaugural combat mission in November 2024.
The global fleet now comprises over 1,100 jets, with the F-35 team focusing on expanding capabilities to counter adversarial threats. The aircraft's advanced features include the ability to control drones, including integration with the U.S. Air Force's future Collaborative Combat Aircraft fleet.
Lt. Gen. Michael Schmidt, Program Executive Officer, emphasized this milestone's significance in showcasing the aircraft's unmatched capability and the program's resilience. The F-35 continues to serve as the backbone of allied forces, connecting the battlespace and ensuring air superiority in coordination with 4th, 5th, and next-gen platforms.
Lockheed Martin (LMT), Nokia (NOK), and Verizon (VZ) have successfully integrated Nokia's military-grade 5G solutions into Lockheed Martin's 5G.MIL® Hybrid Base Station (HBS). The collaboration advances capabilities to merge commercial 5G connections with military communications systems.
The integration was demonstrated across multiple locations, including Verizon's Boston Innovation Center, Lockheed Martin's Valley Forge laboratory, and their Ft. Worth facility. The system showcased HBS connectivity to hybrid user equipment (HUE), enabling users to switch between commercial 5G and tactical LPx waveforms while maintaining uninterrupted application sessions on Android devices.
The partnership will continue at Lockheed Martin's 5G.MIL Experimental Network site in Orlando, Florida, focusing on expanding hybrid network testing to include additional user devices, broader tactical communication system interoperability, and secure public-private network configurations.
Lockheed Martin (NYSE: LMT) announced that Chairman, President and CEO Jim Taiclet and CFO Jay Malave will participate in a fireside chat at Citi's 2025 Global Industrial Tech and Mobility Conference. The event is scheduled for Thursday, February 20, from 8:00 a.m. to 8:40 a.m. ET.
The presentation will be accessible via live webcast on Lockheed Martin's investor relations website. Interested parties who cannot attend the live session can access a replay of the presentation, which will remain available for two weeks following the event.
Lockheed Martin (NYSE: LMT) announced that CFO Jay Malave will participate in a fireside chat at the TD Cowen 46th Annual Aerospace & Defense Conference. The event is scheduled for Thursday, February 13, from 8:30 a.m. to 9:10 a.m. ET.
The presentation will be accessible via live webcast on the company's investor relations website at lockheedmartin.com/investor. For those unable to attend the live session, a replay will remain available for two weeks following the presentation.
Lockheed Martin (NYSE: LMT) has delivered its first F-16 Block 70 jet to Bulgaria, marking a significant milestone in Bulgaria's air force modernization efforts. The delivery ceremony took place in Greenville, South Carolina, with Bulgarian Defence Minister Atanas Zapryanov and other officials in attendance.
Bulgaria has ordered a total of 16 aircraft. The F-16 Block 70 will enhance Bulgaria's role in allied peacekeeping missions in Europe and globally. Lockheed Martin currently has a backlog of 117 F-16 Block 70/72 jets to be produced at its Greenville facility, with 23 already delivered to international partners. The F-16 program supports over 46,000 American jobs.
Lockheed Martin (NYSE: LMT) has secured a $383 million contract modification from the U.S. Navy for the development of the next-generation Trident II Strategic Weapons System D5 missile. The project, known as Trident II D5 Life Extension 2 (D5LE2), will modernize missiles for COLUMBIA-class ballistic missile submarines, ensuring strategic weapon system credibility through 2084.
As part of this initiative, Lockheed Martin is constructing a new 225,000 square foot facility in Titusville, Florida, dedicated to D5LE2 component production. The facility, scheduled to begin operations in 2027, will create approximately 300 new highly-skilled jobs in Florida's Space Coast region.
The D5 missile, currently deployed on U.S. OHIO-class and U.K. VANGUARD-class submarines, represents the world's most advanced ballistic missile technology. This year marks Lockheed Martin's 70th year of supporting the Navy's Fleet Ballistic Missiles program.
Lockheed Martin (NYSE: LMT) has announced its dividend for the first quarter of 2025. The company's board of directors has authorized a quarterly dividend payment of $3.30 per share. Shareholders who are recorded as holders by the close of business on March 3, 2025, will receive the dividend payment on March 28, 2025.
Lockheed Martin (LMT) reported a 5% increase in net sales to $71.0 billion for 2024, with fourth quarter sales of $18.6 billion. The company faced significant challenges with pre-tax losses of $1.7 billion in Q4 and $2.0 billion for the full year from classified programs, impacting earnings per share by $5.45 and $6.16 respectively.
Net earnings for 2024 were $5.3 billion, or $22.31 per share, down from $6.9 billion ($27.55 per share) in 2023. The company generated $7.0 billion in cash from operations and $5.3 billion in free cash flow after a $990 million pension contribution. LMT achieved a record backlog of $176.0 billion by year-end and returned $6.8 billion to shareholders through dividends and share repurchases.