Lockheed Martin has signed a framework agreement with the U.S. Department of War to accelerate production and delivery of the AIM-260 Joint Advanced Tactical Missile (JATM). This missile offers superior range and effectiveness against enemy air threats and is compatible with key U.S. Air Force and Navy aircraft like the F-22 and F-35. The deal supports increased investment and forms the basis for a multiyear procurement contract pending Congressional approval. Additionally, Australia is investing nearly $736 million to equip its air force with JATM, enhancing allied defense capabilities.
As of Sep 17, 2026 19:14 WIB, Lockheed Martin Corporation (LMT) trades at USD 539.28 on Pluang, showing a modest 0.38% increase in one day. The stock has a market capitalization of $123.99 billion and a dividend yield of 2.57%. Despite the recent news on missile production acceleration, Pluang investors currently lean heavily towards selling, with 90% of order activity in that direction.
