Browsing Tag
Lockheed Martin
95 posts
Lockheed Martin wins up to $1.2bn as PrSM Increment 2 moves into production
Lockheed Martin has secured an IDIQ contract worth up to $1.2 billion for Precision Strike Missile Increment 2, moving the multimode-seeker weapon into initial production after flight tests against moving maritime targets while the company works to quadruple overall PrSM manufacturing capacity.
Lockheed Martin’s $24.3bn Saudi F-35 opportunity moves to Congress
The State Department approval covers 48 stealth fighters, 49 Pratt & Whitney engines and extensive support, but congressional scrutiny and Israel’s military edge remain decisive conditions.
Lockheed Martin’s Mk70 launcher on Spectre becomes the real prize after RIMPAC
Lockheed Martin's first live missile fire from a Saildrone USV took six months from partnership to RIMPAC; Spectre and Mk70 carry the real MFC upside.
Sunrise Energy Metals (ASX: SRL) lands $400m Pentagon loan commitment for Syerston scandium project
Sunrise Energy Metals lands a conditional US$400m OSC loan and eyes a US listing as Syerston targets a 2H26 final investment decision and 2H28 first output.
Ducommun backlog reaches $1.16bn as aerospace and missile demand accelerates
Ducommun posted record revenue and margins as aerospace and missile orders lifted backlog to $1.16 billion despite accounting and destocking risks.
Kratos (NASDAQ: KTOS) lands US Army Enhanced Seeker contract for Javelin
Kratos won a US Army contract to develop the Javelin Enhanced Seeker, moving up the value chain on a $7.2 billion program led by Lockheed Martin and RTX.
US missile stockpiles face dangerous strain as Iran war drains critical air defenses
US missile inventories face mounting strain as the Iran war consumes Patriot, THAAD and long-range weapons faster than factories can replace them.
Lockheed Martin advances NGI toward Critical Design Review with Huntsville burst test
Lockheed Martin's NGI cleared a second-stage motor burst test on 4 August, but a 2030 fielding date sits nearly two years behind the original Q4 FY2028 IOC.
General Dynamics beats Q2 estimates, raises 2026 guidance on record backlog
General Dynamics beat Q2, raised full-year EPS guidance to $16.80-$16.90 and hit a record $136.5B backlog, yet shares fell 3.1% on supply chain concerns.
Lockheed Martin (LMT) wins $58.62bn PAC-3 MSE multiyear as Patriot demand triples
Lockheed Martin's $58.62B seven-year PAC-3 MSE award triples Patriot output by 2030. Can the Camden ramp keep pace with stretched NATO stockpiles?