Lockheed Martin reported strong Q3 2026 results, beating Wall Street estimates with earnings of $7.97 per share and sales of $20.7 billion, up 11% year-over-year. Net earnings rose 14% to $1.8 billion, supported by a record backlog of $292 billion, including a $52.5 billion multiyear missile contract. Despite higher profits, cash from operations and free cash flow declined slightly. The company raised its annual forecast, driven by increased missile and jet production, signaling strong future growth potential.
Lockheed Martin (LMT) shares rose 3.35% to USD 570.00 as of Oct 22, 2026 18:13 WIB on Pluang. The stock trades near its 52-week high of USD 676.70, reflecting strong investor interest. Market participants hold the stock for an average of 87 days, with all current Pluang orders being buys.
Lockheed Martin reported a strong third quarter in 2026 with sales increasing 11% to $20.7 billion and net earnings rising 14% to $1.8 billion, or $7.97 per share. The company achieved a record backlog of $292 billion, driven by growth across all fou...
The US Department of War and Lockheed Martin announced a 10-year framework agreement for the production and sustainment of 850 F-35 aircraft, including spare parts and modifications. This multiyear plan aims to stabilize the supply chain, reduce cost...
Lockheed Martin, General Dynamics, Northrop Grumman, and RTX are defense companies with record or near-record Pentagon contract backlogs, ensuring stable and growing dividend payouts. Lockheed Martin leads with the highest yield and a $230 billion ba...
Wall Street is reacting to predictions of a Democratic sweep in the upcoming midterm elections by selling off aerospace and defense stocks, with the iShares U.S. Aerospace & Defense ETF down nearly 18% since mid-August. Northrop Grumman is hit hardes...
The U.S. Army has awarded a $215 million contract to the Javelin Joint Venture, a partnership between Raytheon and Lockheed Martin, for the production of Lightweight Command Launch Units (LWCLU). These next-generation launchers are 30% smaller, 25% l...
