Market news

Boeing won a $131 billion F-15 order, but it may also be good news for rival Lockheed Martin.

In the most recent trading session, Lockheed Martin (LMT) closed at $512.21, indicating a -1.14% shift from the previous trading day.

L3Harris wins a $6B THAAD propulsion contract from Lockheed, expanding missile production capacity and revenue visibility.

L3Harris is expanding its missile-defense manufacturing footprint, with the new THAAD award adding another major multi-year propulsion program to its portfolio.

Detailed price information for Northrop Grumman Corp (NOC-N) from The Globe and Mail including charting and trades.

On September 18, the Department of War (DoW) awarded Lockheed Martin Corporation (NYSE:LMT) an $871 million modification to an existing F-35 Lightning II contract. The award lifts the ceiling to provide additional capacity for support equipment under the site activation and sustainment efforts. Also read: How Does This F-35A Rollout Strengthen NATO Deterrence for Lockheed […]

Lockheed Martin (NYSE:LMT) is expanding in directed energy weapons, AI-driven military drones and space-based computing platforms in 2026. Recent industry reports released this week highlight the company as a key defense contractor across lasers, microwave defenses and autonomous systems. Analysts point to growing global defense interest in AI-enabled satellite onboard computing that can process data directly in orbit. The push into directed energy weapons, autonomous drones and AI space...

Lockheed Martin Corporation (NYSE:LMT) has secured a U.S. Army contract worth up to $1.2 billion to produce the Increment 2 variant of its Precision Strike Missile (PrSM), a next-generation long-range weapon designed to replace the Army Tactical Missile System. The award follows a second successful flight test in August that demonstrated PrSM Increment 2’s ability […]

On September 17, 2026, Reuters reported that Lockheed Martin Corporation (NYSE:LMT) received its first shipment of critical housing components for Patriot PAC-3 MSE interceptors from General Motors Company (NYSE:GM)’s defense unit. It was just 22 days after the two companies signed a manufacturing agreement on August 6. Lockheed said the components, delivered August 28, traditionally […]

International Business Machines Corporation (NYSE:IBM) and Lockheed Martin Corporation (NYSE:LMT) have established a quantum innovation hub at ETH Zurich through an offset agreement with armasuisse, Switzerland’s Federal Office for Defence Procurement. The initiative will host Switzerland’s first IBM Quantum System Two, powered by IBM’s advanced Quantum Nighthawk processor, at the Swiss National Supercomputing Center in […]

On August 31, the Department of War (DoW) announced the signing of two seven-year framework agreements with General Dynamics Corporation (NYSE:GD)’s Ordnance and Tactical Systems (GD) and Lockheed Martin Corporation (NYSE:LMT) on August 31. The multiyear procurement contracts aim to triple PAC-3 MSE and quadruple THAAD interceptor capacity by scaling manufacturing for subcomponents like motor […]

Key Stats for Lockheed Martin StockCurrent Price: $524. 68Target Price (Mid): ~$798Street Target: ~$638Potential Total Return: ~52%Annualized IRR: ~10% / yearWhat Happened?Lockheed Martin (LMT) spent most of 2026 out of favor, its stock stuck near $525 while investors worried that fixed-price contracts and program charges would keep eating into profits.

Shipping giant UPS was sending a cockpit canopy and weapons bay door to the U.S. from Australia in late May when it was diverted to Hong Kong.

Sensitive F-35 parts were diverted to Hong Kong and seized by China, raising stealth supply-chain and export-control risks.

Detailed price information for Northrop Grumman Corp (NOC-N) from The Globe and Mail including charting and trades.

Sentinel Advanced Military Solutions’ StarForge platforms are designed to detect threats, coordinate response and deploy mission-critical capabi...

Mexico orders a second C-130J-30 Super Hercules from Lockheed Martin, boosting fleet modernization and humanitarian airlift capacity.

Boeing won a $562 million Navy drone contract and Lockheed Martin secured over $1.3 billion in awards, yet both stocks saw little market reaction due to differing valuation concerns.

Lockheed Martin Corporation (NYSE:LMT) signed a framework agreement with the U.S. Department of War on September 17 to accelerate production of the AIM-260 Joint Advanced Tactical Missile (JATM). The weapon is described as the most sophisticated U.S. air-to-air system and a direct response to China’s air threat. The agreement provides a long-term demand signal and […]

In the latest trading session, Lockheed Martin (LMT) closed at $522.34, marking a -2.44% move from the previous day.

A Reuters report on Iran's Hormuz offer sent defense primes tumbling Tuesday morning, but the selloff in Lockheed Martin and RTX started long before today's headline, raising a harder question about what the market is actually pricing in.

Lockheed Martin Secures $1.2 Billion PrSM Deal as Missile Production Set to Expand

Germany’s first F-35A Lightning II marks a major milestone for Lockheed Martin Corp. (NYSE:LMT), as the company presented it to the German government at Lockheed’s F-35 production facility. For Lockheed Martin, this development highlights the continuing expansion of an F-35 franchise now selected by 20 nations. Expanding Global Footprint In line with Germany’s program of […]

Lockheed Martin wins $1.2B U.S. Army contract for PrSM Increment 2 missiles targeting moving maritime targets.

Lockheed Martin (LMT) just secured an indefinite delivery, indefinite quantity contract worth up to US$1.2b for Increment 2 of its Precision Strike Missile program. This development brings the system firmly into the production phase. For context, Lockheed Martin’s share price is at US$535.40, with a 90-day share price return of 6.3% and a 1-year total shareholder return of 14.33%. This suggests momentum has been building even though the 30-day share price return is down 5.0% in the short...

Lockheed Martin Corporation (NYSE:LMT) has unveiled the AIM-260 Joint Advanced Tactical Missile (JATM), a classified next-generation air-to-air weapon designed to provide greater range and effectiveness against advanced threats such as China’s J-20 fighter. The missile will be integrated with the F-22 and F-35, while Lockheed has signed a framework agreement with the U.S. Department of […]

The U.S. Army has awarded Lockheed Martin (NYSE:LMT) an indefinite delivery, indefinite quantity (IDIQ) contract worth up to $1.2 billion to produce Increment 2 of the Precision Strike Missile (PrSM), further strengthening the nation's Arsenal of Freedom after a second flight test demonstrated the missile's ability to engage moving maritime targets.

The White House has a new helipad on the South Lawn

Detailed price information for General Dynamics Corp (GD-N) from The Globe and Mail including charting and trades.

More than a decade ago, Textron made a big mistake building a Scorpion fighter jet on spec. Is Lockheed Martin making the same mistake?

On September 14, the Pentagon announced nearly $1.9 billion in contract awards and potential contract value involving two of its largest prime contractors, showing how the US defense budget continues to provide recurring funding to both uncrewed systems and long-range tactical weaponry. The Boeing Company (NYSE:BA)’s long-delayed MQ-25A Stingray has finally begun production, thanks to […]

Key TakeawaysCFO Evan Scott told analysts Lockheed Martin returned $796 million to shareholders through dividends in the second quarter of 2026, adding that the company can “invest for growth and deliver tangible shareholder value at the same time. ”The dividend now stands at $3.

The defense industry environment is changing, and it's putting pressure on traditional ways of doing business.