Lockheed Martin has been awarded a $10.5 billion, 12-year contract by the U.S. Department of War to lead the Special Operations Forces Global Logistics Support Services II (SOF GLSS 2). This contract continues Lockheed Martin's role in providing critical logistics, maintenance, and IT support to U.S. Special Operations Command, ensuring rapid deployment and mission readiness. The contract covers global supply chain management, equipment repair, and infrastructure support. This is USSOCOM's largest service contract, highlighting the importance of sustained logistical support for special operations missions worldwide.
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...
