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 four business segments, including significant production ramps in missile defense and aeronautics programs. Cash from operations was $3.4 billion with free cash flow at $3.0 billion. Lockheed Martin also updated its 2026 financial outlook, raising guidance for sales, earnings per share, and free cash flow, reflecting confidence in sustained growth and innovation in defense technology.
Lockheed Martin shares are currently trading at USD 562.49 on Pluang, showing a 1.99% increase as of Oct 22, 2026 17:13 WIB. The stock's market cap stands at $127.28 billion, with all recent orders on the platform being buys, reflecting strong investor interest.
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...
