The US government has granted Lockheed Martin a $4.7 billion contract to speed up production of the PAC-3 Missile Segment Enhancement (MSE), a key advanced air defense system. This contract supports the administration's strategy to enhance defense capabilities by delivering a record number of interceptors to US and allied forces. Lockheed Martin has invested billions to expand production capacity and workforce, ensuring strong munitions stockpiles to protect against diverse threats. The move also boosts American jobs and strengthens national and allied defense readiness.
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
Small-cap stocks in the U.S. market continue to be the most undervalued segment, even after their best first-half performance in over 30 years, according to Morningstar's Q3 2026 outlook. The overall market shows a modest 8% discount to fair value, b...
Xanadu Quantum Technologies and Lockheed Martin have launched a collaboration to enhance quantum computing skills among Lockheed Martin engineers through the Quantum Talent Pipeline (QTP) program. This initiative uses Xanadu's PennyLane platform and ...
Lockheed Martin reaffirmed its 2026 financial guidance with expected sales of $77.5–$80 billion, EPS of $29.35–$30.25, and free cash flow of $6.5–$6.8 billion, anticipating margin improvements in the second half of the year. The company faces near-te...
