Lockheed Martin secured a $694 million contract from the U.S. Air Force to produce the Air-Launched Rapid Response Weapon (ARRW), a hypersonic missile capable of speeds over Mach 5. The contract includes expanding Lockheed Martin's Alabama facility to triple production space and create new jobs. ARRW offers rapid, precise strike capability from the B-52 bomber, enhancing U.S. military readiness against emerging threats. Lockheed Martin is investing heavily in advanced manufacturing to meet growing defense demands and maintain strategic advantage.
Lockheed Martin Corporation (LMT) shares trade at USD 625.44 on Pluang as of Oct 28, 2026 02:41 WIB, down 1.54% in the last day. The stock holds a market cap of $146.73 billion and a dividend yield of 2.27%. Despite recent selling pressure with 69% of orders to sell, investors typically hold LMT for about 87 days on the platform.
Lockheed Martin shares surged after Morgan Stanley upgraded the stock to Overweight and raised its price target to $835, citing a new Pentagon F-35 framework agreement that reduces risk for the company. The framework outlines plans for 850 F-35 jets ...
Citizens Financial Group raised its quarterly dividend by 13%, supported by solid earnings and increased buybacks, offering a 3.18% yield. Lockheed Martin extended its 24-year streak of dividend increases backed by record cash flow and a $292 billion...
RTX Corporation is highlighted as the top Buy among defense companies due to its exceptional backlog growth of 36% year-over-year and a high book-to-bill ratio of 4.57x, signaling strong demand and long-term revenue visibility. The defense sector ben...
Lockheed Martin reported strong third-quarter results for 2026, driven by a major Patriot missile contract that helped the company achieve a record backlog of $292 billion. The Missiles and Fire Control division is the main growth driver, with plans ...
