Browsing Tag
Lockheed Martin Corporation
39 posts
Lockheed Martin backlog hits $292bn as $52.5bn PAC-3 award changes defence outlook
Lockheed Martin reported 11% third-quarter sales growth and a record $292 billion backlog following a major PAC-3 missile interceptor award. Updated earnings and cash flow guidance reflect improving demand, although production capacity, contract timing and working capital remain critical risks.
Boeing secures $14.7bn PAC-3 seeker deal as Patriot missile production expands
Boeing's agreement with Lockheed Martin could triple production of missile seekers used in advanced Patriot interceptors. The award gives Boeing a substantial industrial opportunity, but an undefinitized contract and recent defence division losses make execution central to its financial significance.
Lockheed Martin unveils $300m Texas munitions expansion as 6,000 new jobs planned
Lockheed Martin is expanding its Grand Prairie manufacturing complex and bringing Hadrian's automated machining technology into missile production, part of a broader $8 billion to $9 billion industrial investment programme through 2030. The initiative targets higher output across major US missile programmes, but the commercial payoff will depend on production ramp-ups, supply chain performance and sustained defence procurement.
Lockheed Martin unveils PAC-3 Edge as US missile defence enters new phase
Lockheed Martin Corporation has introduced its next-generation PAC-3 Edge interceptor for the United States Army's Future Interceptor programme, targeting advanced missile and hypersonic threats with a new seeker, propulsion system and enhanced manoeuvrability.
KBR moves closer to Trinzic launch as $5bn national-security unit gains standalone leadership
KBR prepares to spin off $5 billion-plus Trinzic as an independent defense and space company with roughly $17.5 billion in backlog and options.
Ducommun raises acquisition ambitions to $500m as defense growth accelerates
Ducommun targets up to $1.7 billion revenue and a 23% EBITDA margin as VISION 2032 expands defense growth and acquisition ambitions.
F-35 parts mistakenly sent to Hong Kong trigger US-China security concerns over fighter jet technology
F-35 fighter jet parts bound for the US ended up in Hong Kong. Find out why the shipping error is raising new security questions over China.
Lockheed Martin gets $826m JASSM-LRASM award as missile contract tops $10.48bn
Lockheed Martin has received an $825.98 million modification for JASSM and LRASM large-lot procurement, pushing the cumulative contract value to $10.48 billion as the United States expands production of long-range strike and anti-ship missiles through 2030.
IBM and Lockheed Martin establish Swiss quantum innovation hub at ETH Zurich
IBM and Lockheed Martin are establishing a quantum innovation hub at ETH Zurich, anchored by Switzerland’s first IBM Quantum System Two, as the partners move from broad quantum research toward specific experiments in navigation and advanced manufacturing.
Golden Dome space-based interceptor race advances as 12 defence contractors clear first test gate
Golden Dome space-based interceptor contenders clear Gate 1. See what it means for $NOC, $LMT, $RTX, SpaceX, missile defence and investors.