Lockheed Martin reported first quarter 2026 sales of $18.0 billion, matching the previous year, with net earnings of $1.5 billion, down from $1.7 billion in Q1 2025. The company highlighted its success in space exploration with the Orion spacecraft and increased munitions production through new government agreements. Despite a drop in free cash flow to negative $291 million, Lockheed Martin reaffirmed its 2026 financial outlook, expecting sales growth of about 5% and operating profit growth of 25%. The company continues to focus on strategic investments and scaling production to meet high demand for defense systems.
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...
