Lockheed Martin has been chosen by the U.S. Space Force Space Systems Command to develop capabilities for the Space-Based Interceptor (SBI) program. This initiative aims to create an early engagement missile defense layer that enhances homeland security by expanding coverage and improving survivability against emerging missile threats. Leveraging its experience with proven interceptor systems like THAAD and PAC-3, Lockheed Martin plans to deliver an integrated demonstration of the SBI capabilities by 2028. This development is a key step toward a multi-layered defense system protecting critical infrastructure and national security.
Lockheed Martin has agreed to acquire Ultra Maritime for $3.45 billion to enhance its undersea and anti-submarine warfare capabilities. Ultra Maritime specializes in advanced undersea systems like sonar and torpedo defense, serving allied naval force...
Lockheed Martin has signed a definitive agreement to acquire Ultra Maritime, a defense company specializing in advanced undersea and anti-submarine warfare technologies, for $3.45 billion. This acquisition enhances Lockheed Martin's capabilities in s...
Lockheed Martin is close to acquiring Ultra Maritime, a naval defense company specializing in anti-submarine technology, for about $3.5 billion. Ultra, owned by Advent International, produces radar, electronic warfare systems, and torpedo defense cou...
Several major companies including Boeing, Lockheed Martin, and Oracle are sponsoring Freedom 250, a Trump-aligned celebration of America's 250th birthday. The event offers high-dollar donors VIP access to President Trump, sparking concerns from watch...
Lockheed Martin's stock has dropped over 20%, prompting an upgrade to Buy due to its attractive valuation at 16.9x forward earnings and a 5.7% free cash flow yield. The company recently secured over $43 billion in missile and munitions contracts, inc...
