Lockheed Martin introduced Strigo™, a new modular defense system featuring RF sensors, missile datalinks, and seeker technologies on a common platform. This system allows quick reconfiguration for various missions such as air defense and missile defense. The company established the Strigo Product Center to speed up development and delivery, investing $250 million to innovate ahead of formal requirements. This initiative aims to provide faster, adaptable solutions to maintain military advantage and support future U.S. defense capabilities.
Defense stocks including Lockheed Martin and RTX fell about 3% following a Reuters report that Iran offered to reopen the Strait of Hormuz if the U.S. eases military pressure. This diplomatic move reduces geopolitical risk, causing crude oil prices t...
Lockheed Martin's stock has underperformed major indices in 2026, rising only about 7.7% year-to-date despite two strong rallies. However, the company continues to offer a stable annual dividend yield of 2.58%, with the next $3.45 per share payment d...
The U.S. Army has awarded Lockheed Martin a $1.2 billion contract to produce Increment 2 of the Precision Strike Missile (PrSM), which demonstrated the ability to engage moving maritime targets in recent flight tests. This contract moves the missile ...
Lockheed Martin and RTX both raised dividends in 2026 and have strong defense backlogs and cash flow. Lockheed Martin provides a higher current dividend yield and a longer, uninterrupted history of dividend increases, making it more attractive for re...
Lockheed Martin delivered Germany's first F-35A Lightning II fighter jet in a ceremony held in Fort Worth, Texas, marking a major step for the German Air Force and NATO. The F-35A, known for its stealth, advanced sensors, and data integration, will e...
