Hadrian, a defense manufacturing startup that serves the Pentagon, Lockheed Martin Corp. and others, secured a $7.87 billion valuation in a funding round. This funding will help the company expand its workforce.
Boeing and Lockheed Martin’s rocket joint venture plans to sell bonds in the private market to refinance debt.
Northrop Grumman Corp. has secured agreements worth as much as $3 billion to supply key components for missile interceptors produced by Lockheed Martin Corp., part of a broader effort to boost output of munitions drawn down by the Iran war.
The Pentagon awarded Lockheed Martin Corp. a $59 billion deal to triple Patriot missile production over the next seven years. This move comes as the Trump administration works to boost a munitions stockpile drained by the Iran war.
Lockheed Martin Corp. shares jumped in pre-market trading after the company raised its full year sales forecast. This increase in forecast comes as geopolitical tensions around the world boost defense spending.
Lockheed Martin has introduced the PAC-3 ACE™, a high-performance, low-cost interceptor designed for rapid production and deployment. The new missile is said to cost less than half the price of a regular interceptor, enhancing affordability and efficiency in defense operations.
The Army official overseeing Lockheed Martin Corp.’s hypersonic missile program said 'quality defects' were delaying deliveries. Efforts are underway to improve the manufacturing process.
US defence group Lockheed Martin announced plans to develop a new Patriot missile designed to counter drone threats. The new weapon will be priced at less than half the cost of the current flagship interceptor.
The landing pad under construction on the White House South Lawn will allow the new Lockheed Martin Corp. VH-92 helicopter designed to carry the president to meet a key unmet performance requirement — not damaging the grass, the US Navy said.
Lockheed seeks U.S. mineral supplies after Trump supply-chain push, sources say
SpaceX Is Stuffing Its Rockets With Starlink — And Everyone Else Is Getting Shut Out
US signs deal to boost production of missile-interceptor parts
The Pentagon Is Making Production Promises Only Congress Can Keep
Missiles Are Hot. That's Good for Lockheed Martin Stock.
US awards Lockheed Martin $58.6 billion in largest-ever Patriot missile deal
Western defense companies are looking to Ukrainian firms for lessons on how to build in wartime conditions
Lockheed Isn't Waiting For Pentagon Orders Anymore
Lockheed Martin, RTX lift 2026 forecasts as Pentagon looks to restock weapons
QUICK SPARK: Trump's Defense Buildup Pays Off For Lockheed Martin and RTX
Lockheed Martin, Quest Diagnostics, Thermo Fisher Scientific And Other Big Stocks Moving Higher On Thursday