Lockheed Martin Corp (LMT)

Lockheed Martin Demonstrates First-Ever Sanctum™ C-UAS Launch from GRIZZLY™ Containerized LauncherJune 3, 2026 6:30 AM
PR Newswire (US) Sanctum™ C-UAS, GRIZZLY™ Containerized Launcher and JAGM Missile successfully integrated and was delivered in under 45 days to defeat Group 3 one-way attack drones.BETHESDA, Md., June 3, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) successfully intercepted a Group 3 one-way attack test drone using a Joint-Air-to-Ground Missile (JAGM) launched from a GRIZZLY™ containerized launcher for the first time. Sanctum Counter-Unmanned Aerial System (C-UAS) battle manager and Fortem R-40 Radars were used for the successful detection, tracking and engagement of the drone target.  THE BIG PICTURE Sanctum's sensors detected and tracked a hostile Unmanned Aerial Vehicle (UAV), the Sanctum mission management software processed the engagement, and the GRIZZLY launcher fired a JAGM missile neutralizing the target. With integration of hardware-in-the-loop and live-fire testing completed in under 45 days, this event highlights Lockheed Martin's ability to demonstrate an end-to-end solution with speed, agility and affordability — critical attributes in today's rapidly evolving drone-threat environment.Built on existing prototype architecture, GRIZZLY enables users to employ the ready-to-fire Sanctum C-UAS system without extensive infrastructure and logistical footprints. By integrating advanced sensor, battle management and missile technologies, Lockheed Martin delivers a decisive C-UAS capability that aligns with our customers' needs for agile and distributed lethality.WHY IT MATTERSScalable Detection & Deployment: Small footprint radar sites with distributed sensors offer configurable coverage options. Containerized launcher can be mounted on ground sites or maritime platforms, supporting distributed operations with minimal logistical footprint.Distributed Connectivity: Wireless communication solution between radars, battle management and launcher allows for rapid and agile deployment.Affordable Lethality: Low-cost, commercial sensors, toolless reload and eight-round capacity reduces sustainment expenses while maintaining high-volume firepower.End-to-End Multi-Mission Capability: Radar, battle management, proven-weapon container and existing layered effectors integrated through Sanctum C-UAS Battle Management software for a complete kill web against group 1-4 UAV threats. This integration will protect forward operating bases, critical assets and maritime platforms.JAGM Layered Defense: JAGM's dual-mode seeker (SAL/MMW), combined with its C-UAS capability, provides a cost-effective effector that can be rapidly deployed from a multi-missile launcher across a variety of domains, providing enhanced layered defense to protect high-value assets.EXPERT PERSPECTIVES"The ability to integrate GRIZZLY's proven launch architecture with Sanctum's battle manager on an accelerated timeline demonstrates how Lockheed Martin is applying battlefield innovation and cross-program collaboration to rapidly deliver layered defense capabilities to the warfighter," said Randy Crites, vice president and general manager of Lockheed Martin Advanced Programs. "This test demonstrated a modular, affordable point-defense solution that can be quickly scaled and deployed across multiple domains to counter evolving threats.""This test demonstrates a rapid, low-cost and modular point-defense solution that can be deployed on land or maritime platforms within days," said Paul Lemmo, vice president and general manager of Lockheed Martin Sensors, Effectors and Mission Systems. "The demonstrated kill chain can operate standalone or integrated with higher echelon command and control systems through the Sanctum mesh network, showing our commitment to meet our customers' toughest missions."About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.  View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-demonstrates-first-ever-sanctum-c-uas-launch-from-grizzly-containerized-launcher-302789224.htmlSOURCE Lockheed Martin Original: Lockheed Martin Demonstrates First-Ever Sanctum™ C-UAS Launch from GRIZZLY™ Containerized Launcher

Lockheed Martin Opens Next Generation Interceptor Facility in Courtland, AlabamaJune 1, 2026 2:00 PM
PR Newswire (US) New 88,000-square foot facility expands advanced manufacturing capacity and supports rapid delivery of homeland defense capability.   COURTLAND, Ala., June 1, 2026 /PRNewswire/ -- Lockheed?Martin (NYSE:?LMT) today inaugurated an 88,000-square foot, purpose-built Missile Assembly Building 5 (MAB-5) in Courtland, Alabama. The state-of-the-art plant will produce the Next Generation Interceptor (NGI) for the Missile Defense Agency (MDA) and bolster the nation's layered missile defense architecture.  MAB-5 consolidates Lockheed?Martin's most sophisticated digital manufacturing tools and smart processes, enabling high efficiency, repeatable production. The plant draws best practices from high-reliability programs like Terminal High Altitude Area Defense (THAAD) and hypersonics and adopts a "digital twin" methodology that reduces risk from design through sustainment. Automation and data driven workflows guarantee consistent, high-quality output.  By bringing together digital engineering and modern manufacturing techniques, this facility is designed to accelerate production while maintaining the highest standards of quality and reliability. In a statement, Director of Golden Dome for America Gen. Mike Guetlein, who leads the Department of Defense's effort to develop a next-generation missile defense shield, hailed the facility as a critical asset to national security.  "You are not just building infrastructure, you are building the Arsenal of Freedom," Gen. Guetlein said. "We are moving with purpose, with urgency, and we are moving out…we are forging the shield to secure the Homeland together." Smarter, More Agile Defense NGI is an open system interceptor that meshes seamlessly with a layered defense network of space-based sensors, radars, command and control systems and other interceptors.  "Think of this as deterrence through defense,"?said Christopher Jewell, NGI vice president and program manager at Lockheed Martin. "It sends a clear signal that threats can be detected, tracked and defeated before they ever reach their intended target." Its modular architecture also allows rapid incorporation of new technologies. Unlike legacy systems, NGI upgrades can be performed while the missile remains in its silo, avoiding costly removal and replacement. "NGI was designed from the start to adapt,"?added Jewell. "Its digital foundation allows new technologies to be integrated more quickly, ensuring the system can stay ahead of emerging threats." Real Progress Underway "Golden Dome for America is real, and it is not theoretical. We are building it right now in Courtland," Gen. Guetlein said. "We are taking proven, world-class capabilities, combining them with next-generation space-based tracking and advanced interceptors, and fusing them together with Artificial Intelligence."? Supporting that momentum, NGI is moving from design to production, with key elements of the system advancing through development test and integration. Core technologies,?including the interceptor's engagement capability, sensors, software and propulsion,?are?demonstrating?system-level performance and operation ahead of Critical Design Review (CDR).? MAB-5 will streamline workflows, cut unnecessary handling and support tighter tolerances required for complex components. Integrated digital tools link design data directly to the factory floor, bolstering configuration control, quality assurance and repeatability as production scales. "These facilities were intentionally designed around the system they produce," Jewell said. "By aligning the factory to the product at the onset of development, we can improve quality, increase efficiency, adapt and ramp up production quicker as the system evolves." Continued Investment in Alabama The opening of MAB 5 underscores Lockheed?Martin's longstanding commitment to North Alabama as a hub for deterrence and defense. The company has been present in the region since 1963 and has been producing defense systems in Courtland since 1994.  Lockheed?Martin's Troy, Alabama, facility will also support NGI production through hardware integration and large-scale manufacturing. Together, the Troy and Courtland campuses form the core of the company's commitment to national missile defense readiness. "The talent in north Alabama is the engine behind the next generation of our nation's defense systems, and this project will create high-skill jobs and new career pathways while strengthening our local economy," said U.S. Rep. Dale Strong. "This state-of-the-art facility will play a major role in protecting our homeland as well as reshaping Courtland's role as a steady source of quality jobs and growth for the Tennessee Valley." About Lockheed Martin Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at www.Lockheedmartin.com.?   View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-opens-next-generation-interceptor-facility-in-courtland-alabama-302787414.htmlSOURCE Lockheed Martin Original: Lockheed Martin Opens Next Generation Interceptor Facility in Courtland, Alabama

New Lockheed Martin Facility to Support America's Arsenal of Freedom, Accelerated Production of THAAD InterceptorsMay 21, 2026 5:34 PM
PR Newswire (US) Department of War and state officials celebrate groundbreaking in Alabama todayTROY, Ala., May 21, 2026 /PRNewswire/ -- Today, Lockheed Martin broke ground on a new Munitions Production Center in Troy, Alabama, marking its latest investment to expand munitions production for the United States and its allies. Building 47 will add 87,000 square feet of production space, supporting Terminal High Altitude Area Defense (THAAD) interceptors and future work with Next Generation Interceptor (NGI). Lockheed Martin's more than $9 billion investment through 2030 is already delivering tangible results to meet heightened munitions demand, including this new facility along with more than 20 others across the United States. The expansion will nearly double the facility's current production space and is expected to generate a significant number of new American jobs over the next three years, adding to the almost 4,000 Lockheed Martin employees in the state of Alabama.EXPERT PERSPECTIVE "This partnership is critical to surging our munitions capacity, and Lockheed Martin has leaned in aggressively. Today is a testament to that partnership and that progress," said the Honorable Michael Duffey, Under Secretary of War for Acquisition and Sustainment, during his remarks at the groundbreaking ceremony."Lockheed Martin is ready now to meet the urgent demand to expand production capacity," said Lockheed Martin Chairman, President and CEO Jim Taiclet. "We have already invested well over a billion dollars in this expansion, which directly strengthens deterrence and helps ensure our service members and allies have the capabilities they need when they need them."WHY IT MATTERSIn addition to the U.S., THAAD is operated by the United Arab Emirates and the Kingdom of Saudi Arabia. It is the only U.S. system designed to intercept targets outside and inside the atmosphere and is integrated with PAC-3® Missile Segment Enhancement (MSE) to provide the warfighter with an expanded battlespace and enhanced flexibility.ADDITIONAL CONTEXT Future Growth in Alabama: Lockheed Martin is planning several additional facility groundbreakings and expansions in the state in support of other programs including Next Generation Interceptor (NGI), AGM-158 and Air-Launched Rapid Response Weapon (ARRW).Alabama Community Support: Lockheed Martin is strengthening Alabama communities through investments in military and veteran support, STEM education and community resilience. In 2025, the company awarded more than $640,000 in grants to 18 nonprofit partners statewide and has invested nearly $200,000 in the STEM Academy Lab at the Center for Advanced Academics and Accelerated Learning in Pike County Schools, supporting hands-on student learning with advanced tools and technologies.Multibillion-Dollar Investment: Lockheed Martin is investing more than $9 billion through 2030 and is already using that funding to scale munitions production and upgrade or build more than 20 facilities across the United States to meet heightened defense demand.Supply Chain Resilience: Lockheed Martin is strengthening resilience of our supply chain, deepening collaboration with suppliers and driving innovation across operations. Last week Lockheed Martin hosted a summit with suppliers that are critical to scaling munitions production, focusing on building stronger relationships, emphasizing speed and driving solutions to better prepare for current and future threats. Acquisition Transformation Strategy: Lockheed Martin was the first in the industry to announce a framework agreement for munitions acceleration under the Department of War's Acquisition Transformation Strategy, tripling production capacity of the combat-proven PAC-3 MSE interceptor. Following that agreement, Lockheed Martin has announced further agreements to quadruple production of THAAD and Precision Strike Missile (PrSM).  Manufacturing Details: Lockheed Martin has more than 340,000 square feet of dedicated operations space for THAAD across nine U.S. sites, with nearly 750 U.S.-based suppliers across 42 states.About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.  View original content to download multimedia:https://www.prnewswire.com/news-releases/new-lockheed-martin-facility-to-support-americas-arsenal-of-freedom-accelerated-production-of-thaad-interceptors-302779609.htmlSOURCE Lockheed Martin Original: New Lockheed Martin Facility to Support America's Arsenal of Freedom, Accelerated Production of THAAD Interceptors

Lockheed Martin CEO and CFO to Speak at Bernstein's 2026 42nd Annual Strategic Decisions ConferenceMay 21, 2026 1:00 PM
PR Newswire (US) BETHESDA, Md., May 21, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Chairman, President and CEO Jim Taiclet and Chief Financial Officer Evan Scott will participate in a fireside chat at Bernstein's 2026 42nd Annual Strategic Decisions Conference on Wednesday, May 27, from 9:00 to 9:50 a.m. ET. A live webcast will be available at http://www.lockheedmartin.com/investor. A replay will be available for two weeks after the presentation.About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-ceo-and-cfo-to-speak-at-bernsteins-2026-42nd-annual-strategic-decisions-conference-302779234.htmlSOURCE Lockheed Martin Original: Lockheed Martin CEO and CFO to Speak at Bernstein's 2026 42nd Annual Strategic Decisions Conference

The Pentagon Has Decided It Has a Hypersonic Problem -- and the Process Discipline to Solve It Is Coming Out of the Commercial SectorMay 19, 2026 12:05 PM
PR Newswire (Canada) Issued on behalf of Starfighters Space, Inc.Defense primes are reporting record backlogs, raised guidance, and accelerating missile and hypersonic program ramps. Capacity, not contracts, is now the binding constraint. Starfighters Space (NYSE American: FJET) just engaged Integrated Launch Solutions to add launch, range, licensing and mission integration depth to its STARLAUNCH pathway — exactly the type of process layer the Pentagon's demand is searching for.CAPE CANAVERAL, Fla., May 19, 2026 /CNW/ -- Equity-Insider.com News Commentary — The Q1 2026 earnings cycle in defense and aerospace has been remarkably consistent on one point: demand for hypersonic, missile defense, and responsive space capabilities is running well ahead of installed capacity. The senior primes have all but said the quiet part out loud — programs are getting funded, framework agreements are getting signed, but the binding constraint is now industrial throughput, integration cycle time, and the availability of seasoned engineering and mission integration teams. That is the context against which Starfighters Space, Inc. (NYSE American: FJET) — the owner and operator of the world's fastest fleet of commercial supersonic aircraft — disclosed that it has engaged Integrated Launch Solutions, Inc. ("ILS") to provide engineering and technical integration support as it advances the STARLAUNCH pathway from design and analysis toward flight and launch services. [1]The work is expected to support program planning, requirements definition, trajectory analysis, licensing strategy, range coordination and related integration activities. ILS will serve as an extension of the Starfighters team, providing subject matter expertise in mission design, analysis, and simulation; systems engineering and technical integration; regulatory and safety compliance; and range integration. [1] The ILS resource pool draws from Boeing, Lockheed Martin, United Launch Alliance, SpaceX and the U.S. Air Force, with prior work supporting the U.S. Air Force, the National Reconnaissance Office, NASA and commercial customers."STARLAUNCH is a pathway, and the pathway depends on execution," said Tim Franta, Chief Executive Officer of Starfighters Space. He framed the ILS engagement as adding "process discipline and execution capacity required to expedite space launch development from concept through flight readiness," paired with the recent appointments of Jose Arias as Vice President, Space Operations, and Catrina L. Medeiros as Director, STARLAUNCH Operations — both senior leaders drawn from Blue Origin's New Glenn program. [1][2]The strategic logic becomes clearer when you look at what the senior defense and aerospace primes have been telling investors over the past four weeks.For more information, please read our full report on Equity-Inisder.com Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) reported Q1 2026 revenue of $371.0 million on May 6, 2026 — up 22.6% year-over-year and 15.8% organically — and raised its full-year 2026 outlook to $1.700 billion to $1.760 billion in revenue. [3] On the earnings call, CEO Eric DeMarco confirmed that what Kratos groups as its "defense rocket support" business — the segment housing its hypersonic work — has an expectation of $400 million in 2026 revenue and $700 million in 2027 revenue. [4] DeMarco linked hypersonic funding visibility to defense budget actions including the reconciliation bill, said Kratos has been verbally informed of success on certain hypersonic program awards, and referenced a separate "$1 billion plus sole source hypersonic program expansion verbal award" that he said the company believes it will receive shortly. [4] Kratos also expects to begin small jet engine LRIP later this year for cruise missiles and powered munitions, with plans to produce "several thousand engines" in 2027. [4]Lockheed Martin Corporation (NYSE: LMT) reported Q1 2026 sales of $18.0 billion on April 23, 2026 and reaffirmed its full-year sales target of $77.5 billion to $80.0 billion. [5] On the same day, the Company was awarded a $365 million contract for Aegis Ballistic Missile Defense and was subsequently selected by the U.S. Space Force as one of 12 vendors eligible for Space-Based Interceptor (SBI) prototype agreements with an aggregate ceiling of up to $3.2 billion under the Golden Dome layered missile defense architecture. [6] Lockheed signed a 7-year framework agreement with the Department of War to ramp PAC-3 Missile Segment Enhancement (MSE) production from approximately 600 to 2,000 missiles annually, structured with provisions for inflation and protection against term adjustments. [7] Strategic and missile defense programs on the Fleet Ballistic Missile and Next Generation Interceptor (NGI) programs were called out as drivers of Q1 segment-level growth at Missiles and Fire Control. [5]Northrop Grumman Corporation (NYSE: NOC) reported Q1 2026 sales of $9.9 billion on April 21, 2026, with diluted EPS of $6.14 — up 85% year over year — and ended the quarter with $96 billion in backlog. [8] Notably, shortly after the close of the quarter, Northrop secured an award to accelerate development of the Glide Phase Interceptor (GPI), bringing the total contract value to $1.3 billion. [8] GPI is designed to intercept hypersonic missiles that can evade traditional missile defense systems — a capability the company described as critical given the proliferation of hypersonic weapons. CEO Kathy Warden told investors on the call that Northrop's missile defense business now accounts for nearly 10% of company sales, that demand in the area has been "exceptionally strong," and that Northrop is "well-positioned to capitalize on significant opportunities such as Golden Dome." [9] Tactical solid rocket motor production capacity has doubled, with further expansion targeted to complete by 2027.Karman Holdings Inc. (NYSE: KRMN) — operating as Karman Space & Defense — has positioned itself as a pure-play supplier of mission-critical systems for launch vehicle, satellite, spacecraft, missile defense, hypersonic and unmanned aircraft systems customers. The Company posted record full-year 2025 results in late March 2026, with revenue up 37% and adjusted EBITDA up 37% year-over-year. [10] Hypersonics and Strategic Missile Defense revenue for the year was reported at $150.0 million, up 30.9% year-over-year. [11] For full-year 2026 the Company raised its expectations to total revenue of $715 million to $730 million and non-GAAP adjusted EBITDA of $207 million to $218 million, representing annual growth of 53% in revenue and 46% in adjusted EBITDA at the midpoints. [10] CEO Jon Rambeau cited "the generational increase in demand for the missile and munitions programs that Karman supports" combined with the U.S. government's efforts to establish multi-year prime procurement contracts as the basis for what he described as a "high-growth trajectory." [10]The pattern is unmistakable. Across Kratos, Lockheed Martin, Northrop Grumman, and Karman, the Q1 2026 prints share the same architecture — record or accelerating backlog, raised guidance, hypersonic and missile defense programs called out as standout growth drivers, and framework agreements being signed to lock in multi-year production ramps that exceed current rates by orders of magnitude.For more information, please read our full report on Equity-Inisder.comWhat is also unmistakable is that none of those primes can flight-test a production-size hypersonic article in real, variable atmospheric conditions in a single 45-minute mission. That capability is being commercialized by Starfighters Space.The Asset Behind the STARLAUNCH PathwayStarfighters Space is the operator of the largest fleet of MACH 2+ capable aircraft in the world, and the only commercial company with the ability to fly payloads at sustained MACH 2+ and with the capability to launch those payloads to space. [1] The Company operates from NASA's Kennedy Space Center, where it maintains a fleet of seven modified F-104 supersonic aircraft configured to act as a first-stage lifting platform carrying payloads up to 45,000 feet for air launch to space.STARLAUNCH 1 is being developed as a sub-orbital vehicle designed to support short-duration microgravity missions and to serve as a pathfinder for future air-launched concepts. The Company has reported wind tunnel testing that demonstrated clean separation from the aircraft platform, followed by a Critical Design Review process. [1] The Wind Tunnel in the Sky service uses the F-104 to fly as an airborne wind tunnel — the platform can fly at MACH 2 for over ten minutes, generating the equivalent of approximately 20 traditional 30-second ground wind tunnel runs, and compressing what would otherwise take about ten days of fixed-facility testing into a single 45-minute flight. [2]That is precisely the kind of throughput economics the Pentagon's hypersonic program managers — and the senior primes feeding those programs — are looking for as installed test capacity becomes the binding constraint on flight cadence.The ILS engagement now puts a deep bench of launch, range, licensing and mission integration experience around that operational asset, with prior work supporting the U.S. Air Force, the National Reconnaissance Office, NASA and commercial customers. Combined with the recent Blue Origin operational hires, Starfighters is building the engineering, regulatory, and execution stack required to move STARLAUNCH from milestone to flight at exactly the moment the customer base — the defense industrial complex — is ramping demand.The primes are signaling the demand is there. The Pentagon is signaling the funding is there. The bottleneck has shifted to capacity and execution. Starfighters Space (NYSE American: FJET) is positioning to be one of the operators that closes that gap.For more information on Starfighters Space, Inc. (NYSE American: FJET), visit equity-insider.com/fjet-landingCONTACT:
Equity Insider
editor @acblanke1Article Sources:[1] Starfighters Space, Inc. press release, "Starfighters Space Engages Integrated Launch Solutions to Advance STARLAUNCH Pathway," May 2026.
[2] Business Wire — "Starfighters Space Adds Blue Origin Leaders to Accelerate STARLAUNCH Development," May 7, 2026 — businesswire.com 
[3] StockTitan — "Kratos Q1 revenue up 22.6%, lifts FY26 outlook," May 6, 2026 — stocktitan.net
[4] Investing.com — "Earnings call transcript: Kratos Defense outperforms expectations in Q1 2026," May 7, 2026 — investing.com
[5] Lockheed Martin Corporation press release — "Lockheed Martin Reports First Quarter 2026 Financial Results," April 23, 2026 — news.lockheedmartin.com 
[6] StockTitan — "Lockheed Martin Wins U.S. Space Force SBI Contracts," April 2026 — stocktitan.net
[7] TIKR.com — "Lockheed Martin vs. RTX Corporation: Which Defense Stock Is the Smarter Investment?" — tikr.com
[8] Northrop Grumman Corporation press release — "Northrop Grumman Reports First Quarter 2026 Financial Results," April 21, 2026 — SEC.gov
[9] Investing.com — "Earnings call transcript: Northrop Grumman beats Q1 2026 forecasts," April 21, 2026 — investing.com
[10] StockTitan — "Karman Holdings posts record 2025 growth and raises 2026 revenue and EBITDA guidance," March 25, 2026 — stocktitan.net
[11] Karman Holdings Inc. Form 8-K Filing — FY2025 results, SEC.govDISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed by Equity Insider on behalf of Market IQ Media Group Inc. ("MIQ"). Regarding this publication, MIQ has been paid a fee for Starfighters Space, Inc. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of Starfighters Space, Inc., and may liquidate their shares which could have a negative effect on the price of the stock. The owner/operator of MIQ does not currently own shares of Starfighters Space, Inc. but reserves the right to buy and sell, and will buy and sell shares of Starfighters Space, Inc. at any time without any further notice commencing immediately and ongoing. This potential for trading constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this, individuals are strongly encouraged to not use this publication as the basis for any investment decision. Please let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been reviewed and approved on behalf of Starfighters Space, Inc. by CDMG. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results.Logo - https://mma.prnewswire.com/media/2840019/Equity_Insider_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/the-pentagon-has-decided-it-has-a-hypersonic-problem--and-the-process-discipline-to-solve-it-is-coming-out-of-the-commercial-sector-302775905.htmlSOURCE Equity Insider Original: The Pentagon Has Decided It Has a Hypersonic Problem -- and the Process Discipline to Solve It Is Coming Out of the Commercial Sector

Lockheed Martin Declares Second Quarter 2026 DividendMay 12, 2026 4:52 PM
PR Newswire (US) BETHESDA, Md., May 12, 2026  /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a second quarter 2026 dividend of $3.45 per share. The dividend is payable on June 26, 2026, to holders of record as of the close of business on June 1, 2026. Consistent with our full-year guidance, Lockheed Martin is significantly increasing our investments while maintaining our historical practice of disciplined and dynamic capital allocation.     About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.   View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-declares-second-quarter-2026-dividend-302770111.htmlSOURCE Lockheed Martin Original: Lockheed Martin Declares Second Quarter 2026 Dividend

Lockheed Martin Aeronautics' President Greg Ulmer to Retire, OJ Sanchez named successorMay 6, 2026 9:15 AM
PR Newswire (US) BETHESDA, Md., May 6, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced that Aeronautics President Greg Ulmer has decided to retire after more than 30 years of service to the company. Effective June 1, Orlando Sanchez, Jr. (OJ) will become the new president of Aeronautics, a $30 billion business with more than 35,000 people. From his beginnings as a flight test engineer and his work across all of Lockheed Martin's major aircraft programs to his leadership delivering key advancements in the Aeronautics portfolio, Ulmer served in a variety of critical roles across the company.Sanchez joined Lockheed Martin in 2014 following a successful career as an Air Force officer and F-22 combat fighter pilot. He most recently led Skunk Works® the proven center of innovation and delivery of some of the most impactful weapons systems in our nation's inventory."We are all thankful to Greg and what he has done throughout his career for our customers, nation and allies to strengthen global security through air power," said Lockheed Martin Chairman, President and CEO Jim Taiclet. "OJ has demonstrated steadfast leadership and a passion for performance and the mission -- we look forward to his continued impact as he leads Aeronautics into its next chapter.""It has been the honor of a lifetime to serve alongside the talented men and women of Lockheed Martin Aeronautics. I am proud of all we have accomplished together in support of our customers and their critical missions, and I am deeply grateful for the opportunity to have been part of this remarkable team," said Ulmer.Ulmer will serve as a strategic advisor to support a smooth transition. "I am honored to step into the role of president of Lockheed Martin Aeronautics and grateful for the trust placed in me. Aeronautics has an extraordinary legacy, a critical mission and some of the best talent in the industry, and I look forward to building on that strong foundation as we continue to deliver results that matter for our customers and our company," said Sanchez.About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-aeronautics-president-greg-ulmer-to-retire-oj-sanchez-named-successor-302764184.htmlSOURCE Lockheed Martin Original: Lockheed Martin Aeronautics' President Greg Ulmer to Retire, OJ Sanchez named successor

Lockheed Martin Awarded U.S. Space Force Space-Based Interceptor Contracts to Meet Layered Missile Defense DemandMay 1, 2026 5:52 PM
PR Newswire (US)

HUNTSVILLE, Ala., May 1, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has been selected by U.S. Space Force Space Systems Command to develop capabilities supporting the Space-Based Interceptor (SBI) program. These agreements mark progress toward fielding core elements of an integrated, layered homeland defense solution. 







This work will accelerate development, testing and integration of SBI capabilities, delivering an early engagement layer that expands coverage, enhances survivability and strengthens deterrence against emerging missile threats.Lockheed Martin's SBI system leverages our experience with combat-proven interceptors like THAAD and PAC-3 as well as the Next Generation Interceptor, hypersonic strike systems and missile warning and tracking systems.The result is an early, additional layer to the multi-domain, layered shield that protects the homeland and critical infrastructure from evolving missile threats."Lockheed Martin is already making next generation integrated air and missile defense a reality with our proven capabilities and the expertise across our entire network," said Robert Lightfoot, Lockheed Martin Space president. "We're investing in technology and infrastructure, while bringing together the strength of the full industrial base, to deliver advanced capabilities like SBI faster and are committed to delivering an integrated demonstration by 2028." About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at www.Lockheedmartin.com.The views and conclusions contained in this document are those of the authors and should not be interpreted as representing the official policies, either expressed or implied, of the U.S. Government.










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Original: Lockheed Martin Awarded U.S. Space Force Space-Based Interceptor Contracts to Meet Layered Missile Defense Demand

Hypersonic Test Capacity Bottleneck: U.S. Defense Enterprise Signals Demand as Starfighters Space Brings F-104 Fleet to MarketApril 30, 2026 1:02 PM
PR Newswire (Canada)

Issued on behalf of Starfighters Space, Inc.SECTOR INTELLIGENCE BRIEF | The U.S. is developing next-generation hypersonic systems faster than it is building the infrastructure to test them. Federal procurement signals are clear. Starfighters Space's April 30 announcement positions one of the few operationally-available airborne aerodynamic test platforms in the U.S. directly into that demand window.World Street Intelligence News Commentary CAPE CANAVERAL, Fla., April 30, 2026 /CNW/ -- A Department of Defense procurement pattern that began with NASA's first new wind tunnel build in over four decades, broadened through service-level FY2026 budget allocations across the Air Force, Navy, and Army, and intensified through a March 2026 federal sources-sought notice for hypersonic test facility reactivation now extends into the airborne segment of the test infrastructure stack. On April 30, 2026, Starfighters Space, Inc. (NYSE American: FJET) announced the immediate availability of its F-104 Starfighter fleet — described as the world's largest fleet of commercial supersonic aircraft — as an aerodynamic test platform for the U.S. defense and aerospace community.SECTOR SIGNALThe Test-Capacity Gap Is Now a Procurement PriorityThe thesis is straightforward and increasingly visible across DoD budget documents and procurement actions: U.S. hypersonic weapons, vehicles, and propulsion systems are advancing through development at a pace that is structurally outpacing the test infrastructure required to validate them. The signal is not subtle. NASA recently completed its first major new wind tunnel in more than 40 years. The Air Force, Navy, and Army each carry active budget line items for wind tunnel construction, reactivation, or modernization in fiscal year 2026. A federal sources-sought notice for hypersonic test facility reactivation drew industry responses as recently as March 2026.The implication for the defense industrial base is twofold. First, multi-year ground-based capacity expansion — wind tunnel construction, reactivation, modernization — will be funded through capital programs running 5–10+ years. Second, near-term operational capacity that is available immediately becomes structurally valuable inside that build-out window. Starfighters' April 30 announcement positions FJET squarely in that second category.FIRM PROFILEStarfighters Space, Inc. — Operational Today, Expanding GeographyStarfighters Space describes itself as the only commercial company in the world with the ability to fly payloads at sustained MACH 2+ and the capability to launch those payloads to space. The company operates a fleet of modified supersonic F-104 aircraft from its hangar at the Shuttle Landing Facility at NASA's Kennedy Space Center — one of the longest runways in the world. The company is expanding its operational footprint with a second location at the Midland International Air & Space Port in Texas, where aircraft and engines are already on-site.According to the announcement, the F-104 platform replicates the aerodynamic conditions of the first 30 seconds of a vertical rocket launch — historically among the most difficult phases of flight to test accurately in a static environment. The aircraft expose test articles to turbulent, variable atmospheric conditions representative of actual operational flight, and can carry models closer to production size than most ground-based tunnels permit. Test complexity can be layered simultaneously, including g-forces, humidity, and dynamic pressure variations, in a single flight profile. The result is a test environment narrowing the gap between laboratory simulation and real-world flight.CEO Tim Franta in the announcement: "Every generation has a moment where infrastructure either keeps up with ambition, or it does not. We are in that moment for hypersonic development, and Starfighters Space exists precisely to close that gap. We fly tomorrow."Starfighters' published customer list includes Lockheed Martin, GE, Innoveering, Meggitt, Space Florida, and the U.S. Air Force Research Laboratory.CAPITAL CONTEXTFederal Hypersonic Spending Beneficiaries — Comparable SetInvestors evaluating exposure to the broader federal hypersonic and aerospace test infrastructure spending cycle have a defined U.S.-listed comparable set of established defense primes and tier-one suppliers. Each has reported material newsflow within the past month tied to the same federal capital cycle that supports Starfighters' positioning.Lockheed Martin Corporation (NYSE: LMT)Lockheed Martin is the dominant U.S. defense prime and one of Starfighters' published customers. Lockheed reported Q1 2026 financial results on April 23, 2026, with sales of $18.0 billion and reaffirmed FY2026 guidance of $77.5–$80.0 billion in net sales and $29.35–$30.25 in earnings per share. The company maintains an explicit Hypersonic Solutions business unit and continues to deliver across multiple service-branch hypersonic programs. Hypersonic and missile-defense exposure is one of three explicit transformative-technology pillars in Lockheed's "21st Century Security" framework alongside 5G.MIL Solutions and Spectrum Dominance.Northrop Grumman Corporation (NYSE: NOC)Northrop Grumman reported Q1 2026 results on April 21, 2026, beating consensus on both EPS ($6.14 vs. $6.05 estimate) and revenue ($9.88 billion vs. $9.76 billion estimate). The company secured an award shortly after the close of the quarter to accelerate development of its Glide Phase Interceptor (GPI) program, bringing the total contract value to $1.3 billion. GPI is designed to intercept hypersonic missiles during the glide phase of flight — directly tied to the same federal hypersonic capability buildout that drives demand for aerodynamic test infrastructure. Northrop reaffirmed full-year guidance, citing strong demand across defense and aeronautics segments.L3Harris Technologies, Inc. (NYSE: LHX)L3Harris Technologies has emerged as a key partner across the hypersonic propulsion and electronics ecosystem. In late 2025, Kratos Defense issued a Letter of Intent for 60 full-rate production Zeus motors from L3Harris — a multi-year revenue stream for L3Harris' propulsion division tied directly to hypersonic flight test cadence. L3Harris carries an analyst consensus rating profile reflecting Buy positioning across the majority of covering analysts. The company's position across hypersonic propulsion, secure communications, and sensor integration on test platforms makes it one of the most diversified beneficiaries of the federal hypersonic test infrastructure spending cycle.HEICO Corporation (NYSE: HEI)HEICO is an aerospace and defense supplier with a specialized footprint in legacy aircraft modifications, FAA-approved replacement parts, and life-extension components. The relevance to Starfighters' positioning is structural: modified legacy supersonic platforms — including the F-104 — depend on a specialized supply chain for parts, engine components, and modifications. In April 2026, HEICO announced an acquisition of an 80% interest in Sherwood's defense MRO business, further expanding its defense aerospace aftermarket footprint. HEICO's broader exposure to the defense aerospace aftermarket and component supply chain provides indirect exposure to the operational sustainment requirements of platforms like Starfighters' fleet.TransDigm Group Incorporated (NYSE: TDG)TransDigm operates one of the highest-margin component supply businesses in U.S. defense aerospace, with a portfolio focused on highly engineered, often sole-sourced components used across military and commercial aircraft platforms — including supersonic and tactical aircraft. On April 7, 2026, TransDigm completed its previously announced acquisition of Jet Parts Engineering and Victor Sierra Aviation Holdings for approximately $2.2 billion in cash. The earlier 2026 acquisition of Stellant Systems added advanced microwave and RF capabilities for defense platforms. TransDigm's pricing power and margin profile on long-cycle defense aerospace components has made it a structural beneficiary of multi-year defense capital cycles, with exposure overlapping the operational sustainment of platforms like the F-104 fleet.BOTTOM LINEDirect Play on a Federal Spending Cycle Already UnderwayThe U.S. defense enterprise has signaled, through both budget allocation and procurement activity, that hypersonic test capacity is one of the most consequential infrastructure constraints of the current capability cycle. The federal funding response — a multi-service FY2026 wind tunnel construction, reactivation, and modernization commitment, plus the first new NASA wind tunnel in 40+ years — establishes the spending signal. The procurement response — sources-sought notices and accelerated contract awards — establishes the timing.Starfighters Space's April 30 announcement positions FJET's F-104 fleet directly into that demand window with operational capacity available today rather than capacity dependent on capital build-out. The customer base is established (Lockheed Martin, GE, AFRL among others), the operational footprint is expanding (Kennedy Space Center primary, Midland Texas in motion), and the broader corporate identity — only commercial company in the world with sustained MACH 2+ payload-to-space capability — provides additional optionality across the broader commercial space air-launch architecture.For investors evaluating exposure to the federal hypersonic capability buildout, the comparable set above (LMT, NOC, LHX, HEI, TDG) represents the established prime and supplier beneficiaries. Starfighters Space represents the airborne test platform component — a different angle on the same underlying spending cycle.For more information on Starfighters Space, Inc., visit https://starfightersspace.com/ or the investor profile at usanewsgroup.com/fjet-profile/.CONTACT:
Market IQ Media Group
info @acblanke1DISCLAIMER/DISCLOSURE:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed for World Street Intelligence on behalf of Market IQ Media Group Inc. ("MIQ"). Regarding this publication, MIQ has been paid a fee for Starfighters Space, Inc. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of Starfighters Space, Inc., and may liquidate their shares which could have a negative effect on the price of the stock. The owner/operator of MIQ also owns shares of Starfighters Space, Inc., that were purchased in the open market and reserves the right to buy and sell, and will buy and sell shares of Starfighters Space, Inc. at any time without any further notice commencing immediately and ongoing. This potential for trading constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this, individuals are strongly encouraged to not use this publication as the basis for any investment decision. Please let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been reviewed and approved by the company directly (Starfighters Space, Inc.), and CDMG.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.FORWARD-LOOKING STATEMENTS:This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that demand for U.S. aerodynamic and hypersonic test infrastructure will continue to accelerate; that Starfighters Space, Inc.'s F-104 platform will provide testing capabilities at the cadence and conditions described; that the Company's expansion to Midland, Texas will proceed as planned; that the Company will retain and grow its existing customer base; that comparable companies will perform as expected. The forward-looking information contained herein is provided for the purpose of assisting the reader to understand the Company's business, however such information may not be appropriate for other purposes. Risks that could change or prevent these statements from coming to fruition include changing governmental laws and policies; the Company's ability to obtain and retain necessary licensing; political and competitive risks; failure of forecasts and assumptions to come to fruition; and other unforeseen circumstances. The publisher of this article does not take responsibility for the accuracy of any statements made by the issuing company or its representatives. Readers are cautioned not to place undue reliance on these forward-looking statements, and the publisher undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.



View original content:https://www.prnewswire.com/news-releases/hypersonic-test-capacity-bottleneck-us-defense-enterprise-signals-demand-as-starfighters-space-brings-f-104-fleet-to-market-302759198.htmlSOURCE World Street Intelligence

Original: Hypersonic Test Capacity Bottleneck: U.S. Defense Enterprise Signals Demand as Starfighters Space Brings F-104 Fleet to Market

Skunk Works®' MDCX™ Controls Boeing MQ-25A™ First FlightApril 27, 2026 10:29 AM
PR Newswire (US)

MASCOUTAH, Ill., April 22, 2026 /PRNewswire/ -- The Lockheed Martin Skunk Works® MDCX™ command and control (C2) platform controlled the first flight of the U.S. Navy's MQ-25A StingrayTM.







The historic flight, conducted from MidAmerica St. Louis Airport, was controlled by the MDCX software platform, which is the backbone of the Navy's Unmanned Carrier Aviation Mission Control System (UMCS) MD-5 Ground Control Station (GCS). MDCX was selected as the ground control component for Boeing's MQ-25A in 2020.Why it mattersThe successful first flight underscores UMCS's ability to command and control the MQ-25A for the USN and positions MDCX as the foundational C2 platform for the Navy's Air Wing of the Future.What Our Partners are Saying"Today's successful first flight relied on the seamless integration between a MQ-25 aircraft and Lockheed Martin's ground control station," said Rear Adm. Tony Rossi, who oversees the Program Executive Office for Unmanned Aviation and Strike Weapons.  "This milestone proves the strength of our partnership in developing the command-and-control infrastructure necessary to operate unmanned platforms safely and effectively from our carriers."A Ready-Now Capability"Our MDCX open architecture C2 solution integrated seamlessly with a Boeing MQ-25A, delivering secure UAV control for its first flight," said OJ Sanchez, vice president and general manager of Skunk Works. "This achievement is a result of our enduring partnership with the U.S. Navy to expand its capabilities and interoperability by enabling a single carrier-based command station to control multiple uncrewed vehicles to advance its Air Wing of the Future vision."This milestone is the latest proof point of MDCX delivering a ready-now, open-architecture, secure C2 and autonomy capability.For additional information, visit our website: https://www.lockheedmartin.com/en-us/products/mdcx.htmlAbout Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.  










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Original: Skunk Works®' MDCX™ Controls Boeing MQ-25A™ First Flight

Peru Selects Lockheed Martin F-16 Block 70, Strengthening Sovereignty and U.S. PartnershipApril 23, 2026 10:00 AM
PR Newswire (US)

GREENVILLE, S.C., April 23, 2026 /PRNewswire/ -- Lockheed?Martin (NYSE:?LMT) welcomes the Government of Peru's announcement to purchase 12 new F-16 Block 70 aircraft to modernize the nation's fighter fleet and strengthen its national defense capabilities.







The F-16 will provide Peru with a proven, highly capable and interoperable multirole fighter aircraft that enhances air sovereignty, supports regional security and enables long-term operational readiness. The Block 70 is the newest and most capable F-16 ever built with the longest service life, lowest lifecycle cost, and strongest global support base of any fighter in production today. It features advanced technology, radar, and weapons systems that give pilots better awareness and greater protection to achieve their mission and return home safe.  "Peru's choice of the F-16 underscores the aircraft's unmatched operational performance and combat record, as well as its ability to meet the most pressing defense requirements," said Mike?Shoemaker, Vice President of Integrated Fighter Group at Lockheed?Martin. "We are proud that the most advanced F-16 ever produced will help protect Peru's national sovereignty while strengthening the enduring partnership between our nations." The acquisition marks a major step in the Peruvian Air Force's fighter fleet transformation, reinforces a longstanding strategic partnership with the United States, and enables industrial collaboration opportunities.  "Cooperation between U.S. and allied defense industrial bases has always been a shared source of security and economic benefit," added Shoemaker. "These ties will continue to strengthen with Peru through the F-16 Block 70 program, fostering economic growth for all partners."  With the selection of the F-16, Peru?joins 29 other nations and a global fleet of more than 2,800 F-16s operating today. Peru's fleet of F-16s will be produced at Lockheed Martin's facility in Greenville, South Carolina.  










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Original: Peru Selects Lockheed Martin F-16 Block 70, Strengthening Sovereignty and U.S. Partnership

Lockheed Martin shares slide after Q1 earnings and revenue missApril 23, 2026 8:19 AM
IH Market News
Lockheed Martin Corporation (NYSE:LMT) reported first-quarter results that came in below market expectations, sending its shares down 6.3% in premarket trading.The defense group posted adjusted earnings of $6.44 per share on revenue of $18.0 billion, missing analyst forecasts of $6.74 per share and $18.26 billion. Revenue was unchanged compared with $18.0 billion in the same period last year, while net income declined to $1.5 billion from $1.7 billion a year earlier.



Full-year outlook maintained despite weak quarter



Despite the softer quarterly performance, Lockheed Martin reaffirmed its 2026 guidance, forecasting annual sales between $77.5 billion and $80.0 billion and diluted earnings per share of $29.35 to $30.25. The midpoint of the revenue outlook, at $78.75 billion, aligns with analyst expectations, while the company anticipates free cash flow of $6.5 billion to $6.8 billion.“Lockheed Martin’s superior capabilities in delivering advanced defense technology and systems and in space exploration have been proven again and again in 2026,” said Jim Taiclet, chairman, president and CEO. “Our Orion spacecraft safely carried the crew farther from Earth than ever before during NASA’s historic Artemis II mission, concluding with a precisely executed re-entry and splashdown.”



Segment performance pressured by Aeronautics



Operating profit across business segments fell by $262 million, or 13%, to $1.8 billion, mainly due to weaker profit booking adjustments in the Aeronautics division and the absence of favorable items seen in the prior-year period.The Aeronautics unit recorded $125 million in unfavorable adjustments related to the F-16 program, driven by production issues and delays in development.Lockheed Martin stock price

Original: Lockheed Martin shares slide after Q1 earnings and revenue miss

Lockheed Martin Reports First Quarter 2026 Financial ResultsApril 23, 2026 6:30 AM
PR Newswire (US)

Orion capsule successfully completes historic mission around the moonLockheed Martin and Department of War sign multiyear framework agreements to increase munitions productionSales of $18.0 billionNet earnings of $1.5 billion, or $6.44 per shareCash from operations of $220 million and free cash flow of $(291) millionReaffirms 2026 financial outlookBETHESDA, Md., April 23, 2026 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported first quarter 2026 sales of $18.0 billion, compared to $18.0 billion in the first quarter of 2025. Net earnings in the first quarter of 2026 were $1.5 billion, or $6.44 per share, compared to $1.7 billion, or $7.28 per share, in the first quarter of 2025. Cash from operations was $220 million in the first quarter of 2026, compared to $1.4 billion in the first quarter of 2025. Free cash flow was $(291) million in the first quarter of 2026, compared to $955 million in the first quarter of 2025.







"Lockheed Martin's superior capabilities in delivering advanced defense technology and systems and in space exploration have been proven again and again in 2026. Our Orion spacecraft safely carried the crew farther from Earth than ever before during NASA's historic Artemis II mission, concluding with a precisely executed re-entry and splashdown. Our superior fifth generation fighter jets, the F-35 and F-22, continue to operate with great effectiveness in contested and difficult missions. Additionally, our layered missile defense architecture, including phased array radars, Aegis integrated command and control system, and the THAAD and advanced Patriot Missile interceptors, protected both military assets and civilians," said Lockheed Martin Chairman, President and CEO Jim Taiclet."Given the high level of demand for many of these systems, we also pioneered a number of commercially inspired, long-term business arrangements with U.S. government leadership. In the first quarter, we signed several framework agreements to accelerate and scale munitions production, including advanced Patriot Missile, THAAD, and PrSM. We anticipate that these groundbreaking agreements will benefit both industry and the government and serve as the example for future contracting initiatives. The multi-year demand commitments defined in these framework agreements will in turn support strategic investments in production infrastructure, bolster our supply chain, and enhance our workforce to increase production rates of these critical systems by 3-4 times current rates," continued Taiclet."Our first quarter revenue of more than $18 billion, segment operating profit of $1.8 billion, and substantial backlog were a result of both strong customer demand, our continued commitment to operational performance and focused risk management. We reaffirm our 2026 full year guidance with anticipated sales and operating profit growth of approximately 5% and 25% year-over-year, respectively, and expected free cash flow between $6.5 and $6.8 billion."Summary Financial ResultsThe following table presents the company's summary financial results:
(in millions, except per share data)
Quarters Ended



March 29,2026
March 30,2025

Sales
$           18,021
$           17,963








Business segment operating profit1
$             1,823
$             2,085

Unallocated items





  FAS/CAS pension operating adjustment
421
379

  Intangible asset amortization expense
(50)
(64)

  Other, net2
(131)
(28)

Total unallocated items
240
287

Consolidated operating profit
$             2,063
$             2,372








Net earnings
$             1,488
$             1,712








Diluted earnings per share
$               6.44
$               7.28








Cash from operations
$                220
$             1,409

Capital expenditures
(511)
(454)

Free cash flow1
$               (291)
$                955







1Business segment operating profit and free cash flow are non-GAAP measures. See the "Use of Non-GAAP Financial Measures" section of
this news release for more information.
2Other, net for the quarter ended March 29, 2026 included net losses of $44 million ($33 million, or $0.14 per share, after-tax) due to changes
in fair value of net assets and liabilities for deferred compensation plans, compared to net gains of $29 million ($22 million, or $0.09 per share,
after-tax) for the quarter ended March 30, 2025.







Cash from operations in the quarter ended March 29, 2026 was $220 million with free cash flow of $(291) million compared to $1.4 billion with $955 million of free cash flow in the quarter ended March 30, 2025. The decrease in cash from operations was primarily due to higher working capital largely as a result of timing of billing activities.The company's cash activities in the quarter ended March 29, 2026, included the following:capital expenditures of $511 million;independent research and development of $458 million;cash dividends of $816 million; andscheduled long-term debt repayments of $1.0 billion.2026 Financial OutlookThe company's financial outlook and other sections of this news release contain forward-looking statements, which reflect the company's judgment based on the information available at the time of this news release. It is the company's practice not to incorporate adjustments into its financial outlook for future gains or losses related to changes in valuations of the company's net assets and liabilities for deferred compensation plans or early-stage company investments, pension annuity contracts or discretionary contributions, financing transactions, changes in law, or new accounting standards until such items have been consummated, enacted or adopted. Actual results may differ materially from those projected. For additional factors that may impact the company's actual results, refer to the "Forward-Looking Statements" section in this news release.
(in millions, except per share data)
2026 Outlook






Sales
$77,500 - $80,000






Business segment operating profit1
$8,425 - $8,675






Total FAS/CAS pension adjustment
~$1,365






Diluted earnings per share
$29.35 - $30.25






Cash from operations
$9,150 - $9,450

Capital expenditures
$2,500 - $2,800

Free cash flow1
$6,500 - $6,800





1Business segment operating profit and free cash flow are non-GAAP measures. See the "Use of Non-GAAP Financial Measures" section of
this news release for more information.



Segment ResultsThe company operates in four business segments organized based on the nature of products and services offered: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The following table presents summary operating results of the company's business segments and reconciles these amounts to the company's consolidated financial results.
(in millions)
Quarters Ended



March 29,2026
March 30,2025

Sales





Aeronautics
$            6,953
$            7,057

Missiles and Fire Control
3,649
3,373

Rotary and Mission Systems
3,991
4,328

Space
3,428
3,205

Total sales
$          18,021
$          17,963








Operating profit





Aeronautics
$               619
$               720

Missiles and Fire Control
500
465

Rotary and Mission Systems
423
521

Space
281
379

Total business segment operating profit
1,823
2,085

Unallocated items





FAS/CAS operating adjustment
421
379

Intangible asset amortization expense
(50)
(64)

Other, net
(131)
(28)

Total unallocated items
240
287

Total consolidated operating profit
$            2,063
$            2,372



For information on factors impacting comparability of the company's segment sales, operating profit and operating margins, see "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the company's Annual Report on Form 10-K for the year ended Dec. 31, 2025.Total sales during the quarter ended March 29, 2026 was comparable to the same period in 2025. Higher sales at MFC and Space were offset by lower sales at RMS and Aeronautics.Total business segment operating profit decreased $262 million, or 13% primarily due to lower net profit booking rate adjustments at Aeronautics in the first quarter of 2026 and the absence of favorable performance in the first quarter of 2025 upon completion on certain commercial civil space programs at Space and a classified program at Aeronautics.Aeronautics 
(in millions)
Quarters Ended



March 29,2026
March 30,2025

Sales
$       6,953
$       7,057

Operating profit
619
720

Operating margin
8.9 %
10.2 %
Sales during the quarter ended March 29, 2026 decreased $104 million, or 1%, compared to the same period in 2025. The decrease was primarily attributable to lower sales of approximately $325 million on classified programs due to lower volume; and approximately $145 million for the F-16 program due to the sales impact of unfavorable profit adjustments recognized in first quarter of 2026 and lower production volume. These decreases were partially offset by higher sales of approximately $325 million for the F-35 program due to higher volume on sustainment contracts.Operating profit during the quarter ended March 29, 2026 decreased $101 million, or 14%, compared to the same period in 2025, primarily due to a $95 million decrease in profit booking rate adjustments. This decrease in profit book rate adjustments reflects $125 million of unfavorable profit adjustments on the F-16 program as a result of production performance and development delays; $55 million of net unfavorable profit adjustments on the C-130 program as a result of continued diminishing manufacturing source integration challenges and associated delivery delays; and the absence of an $80 million adjustment that occurred in the quarter ended March 30, 2025 resulting from favorable performance at completion on a classified program. These decreases in profit booking rate adjustments were partially offset by $130 million of higher favorable profit adjustments on the F-35 program.Missiles and Fire Control
(in millions)
Quarters Ended



March 29,2026
March 30,2025

Sales
$        3,649
$        3,373

Operating profit
500
465

Operating margin
13.7 %
13.8 %
Sales during the quarter ended March 29, 2026 increased $276 million, or 8%, compared to the same period in 2025. This increase was primarily attributable to production ramp-up of $190 million at integrated air and missile defense programs (existing contracts on PAC-3) and $75 million at tactical and strike missile programs (Joint Air-to-Surface Standoff Missile (JASSM), Long Range Anti-Ship Missile (LRASM) and Precision Strike Missile (PrSM)).Operating profit during the quarter ended March 29, 2026 increased $35 million, or 8%, compared to the same period in 2025. This increase was primarily attributable to higher sales volume previously described.Rotary and Mission SystemsEffective?January 2026, the Integrated Warfare Systems and Sensors (IWSS) and C6ISR lines of business within RMS were restructured and renamed Sensors, Effectors & Mission Systems (SEMS) and Mission Integrated Command and Control (MIC2). This includes realignment of various programs, such as Aegis and River-Class Destroyer (RCD) moving from what was historically IWSS to MIC2, which more closely aligns with C6ISR. SEMS and MIC2 will therefore incorporate an updated mix of existing program portfolios designed to accelerate mission–focused solutions and enhance the company's customers' experience.
(in millions)
Quarters Ended



March 29,2026
March 30,2025

Sales
$        3,991
$        4,328

Operating profit
423
521

Operating margin
10.6 %
12.0 %
Sales during the quarter ended March 29, 2026 decreased $337 million, or 8% compared to the same period in 2025. The decrease was primarily attributable to lower net sales of $170 million on SEMS programs due to lower volume on radar programs; and $110 million on Sikorsky helicopter programs (CH-53K, Seahawk and Black Hawk) primarily due to lower volume and the sales impact of unfavorable profit adjustments recognized in the quarter ended March 29, 2026.Operating profit during the quarter ended March 29, 2026 decreased $98 million, or 19%, compared to the same period in 2025. This was primarily attributable to a $50 million decrease in profit booking rate adjustments largely driven by unfavorable profit adjustments on the CH-53K and Seahawk programs; and the absence of a $50 million cost recovery related to an intellectual property license arrangement that occurred in the quarter ended March 30, 2025.Space
(in millions)
Quarters Ended



March 29,2026
March 30,2025

Sales
$        3,428
$        3,205

Operating profit
281
379

Operating margin
8.2 %
11.8 %
Sales during the quarter ended March 29, 2026 increased $223 million, or 7%, compared to the same period in 2025. This increase was primarily attributable to higher sales volume of $245 million for strategic and missile defense programs on the FBM and Next Generation Interceptor (NGI) programs.Operating profit during the quarter ended March 29, 2026 decreased $98 million, or 26%, compared to the same period in 2025. This decrease was primarily attributable to a $125 million decrease in profit booking rate adjustments driven by favorable performance at completion on certain commercial civil space programs for the quarter ended March 30, 2025; partially offset by an increase from higher sales volume previously described.Income TaxesThe company's effective income tax rates were 16.1% and 15.9% for the quarters ended March 29, 2026 and March 30, 2025. The rates for all periods benefited from the tax deductions for foreign derived deduction eligible income (formerly known as foreign derived intangible income), research and development tax credits, dividends paid to the company's defined contribution plans with an employee stock ownership plan feature and employee equity awards.On February 18, 2026, the U.S. Department of Treasury issued Notice 2026-7 (the Notice) providing additional interim guidance regarding the application of the CAMT. The company is continuing to evaluate the impacts of the One Big Beautiful Bill Act and the Notice and there could be additional impacts to its financial results or cash flows.Use of Non-GAAP Financial MeasuresThis news release contains the following non-generally accepted accounting principles (non-GAAP) financial measures (as defined by U.S. Securities and Exchange Commission (SEC) Regulation G). While management believes that these non-GAAP financial measures may be useful in evaluating the financial performance of the company, this information should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP. In addition, the company's definitions for non-GAAP financial measures may differ from similarly titled measures used by other companies or analysts.Business segment operating profitBusiness segment operating profit represents operating profit from the company's business segments before unallocated income and expense. This measure is used by the company's senior management in evaluating the performance of its business segments and is a performance goal in the company's annual incentive plan. Business segment operating margin is calculated by dividing business segment operating profit by sales. The table below reconciles the non-GAAP measure business segment operating profit with the most directly comparable GAAP financial measure, consolidated operating profit.
(in millions)
2026 Outlook

Business segment operating profit (non-GAAP)
$8,425 - $8,675

FAS/CAS operating adjustment1
~1,685

Intangible asset amortization expense
~(200)

Other, net
~(475)

Consolidated operating profit (GAAP)
$9,435 - $9,685





1Reflects the amount by which total CAS pension cost of $1.7 billion exceeds FAS pension service cost and excludes non-service FAS pension
expense. Refer to the supplemental table "Selected Financial Data" included in this news release for a detail of the FAS/CAS operating
adjustment.



Free cash flowFree cash flow is a non-GAAP financial measure that the company defines as cash from operations less capital expenditures. The company's capital expenditures are comprised of equipment and facilities infrastructure and information technology (inclusive of costs for the development or purchase of internal-use software that are capitalized). The company uses free cash flow to evaluate its business performance and overall liquidity. While management believes that free cash flow as a non-GAAP financial measure may be useful in evaluating the company's financial performance, it should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP and may not be comparable to similarly titled measures used by other companies.Webcast and Conference Call InformationLockheed Martin Corporation will webcast live the earnings results conference call (listen-only mode) on Thursday, April 23, 2026, at 8:30 a.m. ET on the Lockheed Martin Investor Relations website at www.lockheedmartin.com/investor. The accompanying presentation slides and relevant financial charts are also available at www.lockheedmartin.com/investor. For additional information, visit the company's website: www.lockheedmartin.com. About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at www.lockheedmartin.com. Forward-Looking StatementsThis news release contains statements that, to the extent they are not recitations of historical fact, constitute forward-looking statements within the meaning of the federal securities laws, and are based on Lockheed Martin's current expectations and assumptions. The words "believe," "estimate," "anticipate," "project," "intend," "expect," "plan," "outlook," "scheduled," "forecast" and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks and uncertainties. Actual results may differ materially due to factors such as:the company's reliance on contracts with the U.S. Government, which are dependent on U.S. Government funding and can be terminated for convenience, and the company's ability to negotiate favorable contract terms;budget uncertainty, the risk of future budget cuts, the impact of continuing resolution funding mechanisms, the debt ceiling and government shutdowns, and changing funding and acquisition priorities;risks related to the development, production, sustainment, performance, schedule, cost and requirements of complex and technologically advanced programs, including the F-35 program;planned production rates and orders for significant programs, compliance with stringent performance and reliability standards, and materials availability, including government furnished equipment and rare earth minerals;the timing of contract awards or contract definitization, decisions by government customers to impose contract terms following undefinitized contract actions, achievement of performance milestones, customer acceptance of product deliveries, and receipt of customer payments;the company's ability to recover costs under U.S. Government contracts, the mix of fixed-price and cost-reimbursable contracts and the risks inherent in preparing estimates for fixed-price contracts (particularly for complex and technologically advanced programs);customer procurement and other policies, laws, regulations and executive actions that affect the company and its industry, programs, future opportunities, and financial performance, including those relating to mission priorities, competing domestic and international spending, contracting terms (such as fixed-price requirements), acquisition process reforms, treatment of contractor performance issues, and contractor access to competitive opportunities;performance and/or financial viability of key suppliers, teammates, joint ventures (including United Launch Alliance), joint venture partners, subcontractors and customers;changes in economic, capital market and political conditions in the U.S. and globally;the impact of inflation and other cost pressures;government actions that restrict or prevent the sale or delivery of the company's products (such as delays in approvals for exports requiring Congressional notification);foreign policy and international trade actions taken by governments such as tariffs, sanctions, embargoes, export and import controls, buying preferences, and other trade restrictions;the company's success expanding into and doing business in adjacent markets and internationally and the risks posed by international sales, including potential effects from fluctuations in currency exchange rates;changes in non-U.S. national priorities and government budgets and planned orders;the competitive environment for the company's products and services;the company's ability to develop and commercialize new technologies and products, including emerging digital and network technologies and capabilities;the company's ability to benefit fully from or adequately protect its intellectual property rights;the company's ability to attract and retain a highly skilled workforce and the impact of work stoppages or other labor disruptions;cyber or other security threats or other disruptions faced by the company or its suppliers;the company's ability to implement and continue, and the timing and impact of, capitalization changes such as share repurchases, dividend payments and financing transactions, including as a result of presidential executive orders;the accuracy of the company's estimates and projections;changes in pension plan assumptions and actual returns on pension assets; cash funding requirements and pension annuity contracts and associated charges;realizing the anticipated benefits of acquisitions or divestitures, investments, joint ventures, teaming arrangements or internal reorganizations, and market volatility affecting the fair value of investments that are marked to market;the company's efforts to fund and increase production capabilities and the efficiency of its operations and improve the affordability of its products and services, including through digital transformation and cost reduction initiatives;the risk of an impairment of the company's assets, including the potential impairment of goodwill and intangibles;the availability and adequacy of the company's insurance and indemnities;compliance with laws, regulations, policies, and customer requirements relating to environmental matters;the impact of public health crises, natural disasters and other severe weather conditions on the company's business and financial results, including supply chain disruptions and delays, employee absences, and program delays;changes in accounting, U.S. or foreign tax, export or other laws, regulations, and policies and their interpretation or application, and changes in the amount or reevaluation of uncertain tax positions; andthe outcome of legal proceedings, bid protests, environmental remediation efforts, audits, administrative reviews, government investigations or government allegations that the company has failed to comply with law, other contingencies and U.S. Government identification of deficiencies in its business systems.These are only some of the factors that may affect the forward-looking statements contained in this news release. For a discussion identifying additional important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, see the company's filings with the U.S. Securities and Exchange Commission including, but not limited to, "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" in the company's most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q. The company's filings may be accessed through the Investor Relations page of its website, www.lockheedmartin.com/investor, or through the website maintained by the SEC at www.sec.gov.The company's actual financial results likely will be different from those projected due to the inherent nature of projections. Given these uncertainties, forward-looking statements should not be relied on in making investment decisions. The forward-looking statements contained in this news release speak only as of the date of its issuance. Except where required by applicable law, the company expressly disclaims a duty to provide updates to forward-looking statements after the date of this news release to reflect subsequent events, changed circumstances, changes in expectations, or the estimates and assumptions associated with them. The forward-looking statements in this news release are intended to be subject to the safe harbor protection provided by the federal securities laws.Lockheed Martin CorporationConsolidated Statements of Earnings1(unaudited; in millions, except per share data)



Quarters Ended


March 29,2026
March 30,2025
Sales
$       18,021
$       17,963
Operating costs and expenses
(15,943)
(15,640)
Gross profit
2,078
2,323
Other (expense) income, net
(15)
49
Operating profit
2,063
2,372
Interest expense
(269)
(268)
Non-service FAS pension expense
(80)
(98)
Other non-operating income, net
60
30
Earnings before income taxes
1,774
2,036
Income tax expense
(286)
(324)
Net earnings
$         1,488
$         1,712
Effective tax rate
16.1 %
15.9 %






Earnings per common share




Basic
$           6.47
$           7.30
Diluted
$           6.44
$           7.28






Weighted average shares outstanding




Basic
229.9
234.4
Diluted
231.1
235.3






Common shares reported in stockholders'   equity at end of period
230
233











1The company closes its books and records on the last Sunday of the calendar quarter to align its financial closing with its business processes,
which was on March 29, for the first quarter of 2026 and March 30, for the first quarter of 2025. The consolidated financial statements and
tables of financial information included herein are labeled based on that convention. This practice only affects interim periods, as the company's
fiscal year ends on Dec. 31.

Lockheed Martin CorporationBusiness Segment Summary Operating Results(unaudited; in millions)



Quarters Ended




March 29,2026
March 30,2025
%
Change
Sales






Aeronautics
$    6,953
$    7,057
(1 %)
Missiles and Fire Control
3,649
3,373
8 %
Rotary and Mission Systems
3,991
4,328
(8 %)
Space
3,428
3,205
7 %
  Total sales
$  18,021
$  17,963
— %








Operating profit






Aeronautics
$       619
$       720
(14 %)
Missiles and Fire Control
500
465
8 %
Rotary and Mission Systems
423
521
(19 %)
Space
281
379
(26 %)
  Total business segment operating profit
1,823
2,085
(13 %)
Unallocated items






FAS/CAS operating adjustment
421
379


Intangible asset amortization expense
(50)
(64)


Other, net
(131)
(28)


Total unallocated items
240
287
(16 %)
  Total consolidated operating profit
$    2,063
$    2,372
(13 %)








Operating margin






Aeronautics
8.9 %
10.2 %


Missiles and Fire Control
13.7 %
13.8 %


Rotary and Mission Systems
10.6 %
12.0 %


Space
8.2 %
11.8 %


  Total business segment operating margin
10.1 %
11.6 %










  Total consolidated operating margin
11.4 %
13.2 %



Lockheed Martin CorporationConsolidated Balance Sheets(in millions, except par value)



March 29,2026
Dec. 31,2025


(unaudited)

Assets




Current assets




Cash and cash equivalents
$            1,894
$            4,121
Receivables, net
2,322
3,901
Contract assets
15,885
13,001
Inventories
4,251
3,524
Other current assets
728
815
  Total current assets
25,080
25,362






Property, plant and equipment, net
11,283
11,292
Goodwill
11,306
11,314
Intangible assets, net
1,837
1,887
Deferred income taxes
2,802
2,975
Other noncurrent assets
6,930
7,010
Total assets
$          59,238
$          59,840






Liabilities and equity




Current liabilities




Accounts payable
$            4,707
$            3,630
Salaries, benefits and payroll taxes
2,676
3,184
Contract liabilities
10,735
11,440
Current maturities of long-term debt
168
1,168
Other current liabilities
3,804
3,913
  Total current liabilities
22,090
23,335






Long-term debt, net
20,529
20,532
Accrued pension liabilities
3,923
3,915
Other noncurrent liabilities
5,207
5,337
Total liabilities
51,749
53,119






Stockholders' equity




Common stock, $1 par value per share
230
229
Additional paid-in capital
32
—
Retained earnings
14,723
14,034
Accumulated other comprehensive loss
(7,496)
(7,542)
  Total stockholders' equity
7,489
6,721
  Total liabilities and equity
$          59,238
$          59,840

Lockheed Martin CorporationConsolidated Statements of Cash Flows(unaudited; in millions)


Quarters Ended

March 29,2026
March 30,2025Operating activities



Net earnings
$             1,488
$           1,712Adjustments to reconcile net earnings to net cash provided by operating
activities



Depreciation and amortization
398
397Stock-based compensation
83
60Deferred income taxes
161
(34)Qualified defined benefit pension plans
92
111Changes in assets and liabilities



Receivables, net
1,579
327Contract assets
(2,884)
(1,720)Inventories
(727)
(125)Accounts payable
1,222
1,680Contract liabilities
(705)
(420)Income taxes
103
339Other, net
(590)
(918)Net cash provided by operating activities
220
1,409




Investing activities



Capital expenditures
(511)
(454)Other, net
(30)
24Net cash used for investing activities
(541)
(430)




Financing activities



Repayments of long-term debt
(1,000)
—Repurchases of common stock
—
(750)Dividends paid
(816)
(796)Other, net
(90)
(113)Net cash used for financing activities
(1,906)
(1,659)




Net change in cash and cash equivalents
(2,227)
(680)Cash and cash equivalents at beginning of period
4,121
2,483Cash and cash equivalents at end of period
$             1,894
$           1,803

Lockheed Martin CorporationSelected Financial Data(unaudited; in millions)



2026Outlook
2025Actual
Total FAS pension expense and CAS cost




FAS pension expense
$            (370)
$            (924)
Less: CAS pension cost
1,735
1,568
Total FAS/CAS pension adjustment
$           1,365
$              644
Less: pension settlement charge
—
479
Total FAS/CAS pension adjustment - adjusted1
$           1,365
$           1,123






Service and non-service cost reconciliation




FAS pension service cost
$              (50)
$              (50)
Less: CAS pension cost
1,735
1,568
FAS/CAS pension operating adjustment
1,685
1,518
Non-service FAS pension expense
(320)
(874)
Total FAS/CAS pension adjustment
$           1,365
$              644
Less: pension settlement charge
—
479
Total FAS/CAS pension adjustment - adjusted1
$           1,365
$           1,123





1The cost components in the table above relate only to the company's qualified defined benefit pension plans. The company recognized anoncash, non-operating pretax settlement charge of $479 million in the fourth quarter of 2025.

Lockheed Martin CorporationOther Financial and Operating Information(unaudited; in millions, except for aircraft deliveries and weeks)

Backlog
March 29,2026
Dec. 31,2025
Aeronautics
$          55,032
$          59,435
Missiles and Fire Control
46,565
46,650
Rotary and Mission Systems
45,840
47,715
Space
38,990
39,822
  Total backlog
$        186,427
$        193,622




Quarters Ended
Aircraft Deliveries
March 29,2026
March 30,2025
F-35
32
47
F-16
—
4
C-130J
1
1
Government helicopter programs
19
9
Commercial helicopter programs
—
1


Number of Weeks in Reporting Period1
2026
2025
First quarter
12
13
Second quarter
13
13
Third quarter
13
13
Fourth quarter
14
13





1Calendar quarters are typically comprised of 13 weeks. However, the company closes its books and records on the last Sunday of each month,
except for the month of Dec., as its fiscal year ends on Dec. 31. As a result, the number of weeks in a reporting quarter may vary slightly during
the year and for comparable prior year periods. 



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Original: Lockheed Martin Reports First Quarter 2026 Financial Results

Lockheed Martin Launches GPS III Satellite, Paving the Way for Next-Generation GPS IIIF SpacecraftApril 21, 2026 5:00 AM
PR Newswire (US)

The final GPS III satellite delivers major upgrades in constellation resilience and accuracy, including a crosslink demonstration payload, as the next-gen GPS IIIF series is in production.CAPE CANAVERAL, Fla., April 21, 2026 /PRNewswire/ -- Early this morning, Lockheed Martin (NYSE: LMT) and the U.S. Space Force strengthened the Global Positioning System (GPS) constellation to its highest level ever achieved with the launch of GPS III Space Vehicle 10 (SV10), the final satellite in the GPS III series.







SV10 adds essential resiliency and accuracy enhancements to the GPS constellation, including an optical crosslink demonstration payload. With this payload, GPS III SV10 will demonstrate optical communication capabilities that will play a crucial role in the future strength of the constellation. The optical crosslinks allow GPS satellites to be able to directly communicate with each other in space, increasing on-orbit resiliency.The GPS III SV10 launch marks the fourth consecutive GPS launch on an accelerated schedule, demonstrating Lockheed Martin's rapid delivery of on-orbit capabilities to warfighters.GPS III SV10 launched from Cape Canaveral Space Force Station at 2:53 a.m. Eastern time. It secured signal acquisition soon after and is currently managed at Lockheed Martin's Denver Launch & Checkout Operations Center pending formal acceptance into the GPS operational control network.Why it mattersThis spacecraft paves the way for the advanced GPS IIIF generation, which will bring even stronger anti-jamming capabilities for warfighters and improvements for its six billion civilian users. GPS III satellites deliver critical advancements over legacy spacecraft, including three-times greater accuracy, eight-times stronger anti-jamming capability, and secure M-Code signals for warfighters worldwide.For military users, these improvements provide dependable positioning, navigation, and timing in contested or hostile environments. For civilian users, GPS III enhances everyday smartphone navigation, speeds up emergency response location, and supplies more precise timing for financial markets and telecommunications networks."The final GPS III deployment is an important milestone as we continue strengthening the GPS constellation," said Fang Qian, vice president of GPS at Lockheed Martin. "By launching SV10 into orbit, we're not only adding to the resiliency of today's GPS capabilities – we're opening the door to the next generation of GPS IIIF satellites that will provide greater resiliency and serve as the backbone of the GPS constellation for years to come."In addition to the crosslink demo, the satellite is also equipped with a demonstration Digital Rubidium Atomic Frequency Standard clock, an advanced atomic clock that will provide reliable and precise time-keeping capabilities.Preparing for a new era of GPS With GPS III SV10 in orbit, Lockheed Martin is now focused on production of GPS IIIF satellites. Deploying these next-generation spacecraft is essential for preserving reliable global coverage, and the IIIF block will add a new suite of capabilities that further harden the constellation's resilience.Among the upgrades, GPS IIIF will feature Regional Military Protection, delivering more than a 60-fold boost in anti-jamming performance for warfighters. This dramatic increase in resistance to hostile interference helps U.S. forces stay ahead of evolving electronic warfare threats.Lockheed Martin is actively producing GPS IIIF spacecraft at its Denver, Colorado facility. The company is integrating emerging technology, including augmented reality and digital twins, to accelerate GPS satellite production. Lockheed Martin is currently under contract to build 12 GPS IIIF satellites, demonstrating the company's long-term commitment to a resilient and robust navigation infrastructure.Today, more than 30 GPS satellites operate in orbit, delivering crucial positioning, navigation and timing services to warfighters, civilians and commercial users. Overall, GPS remains the world's most trusted space-based navigation system, serving billions of people.About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at LockheedMartin.com.










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Original: Lockheed Martin Launches GPS III Satellite, Paving the Way for Next-Generation GPS IIIF Spacecraft

Lockheed Martin Expands Venture Capital Fund to $1 BillionApril 14, 2026 8:52 AM
IH Market News
Lockheed Martin (NYSE:LMT) said it is significantly increasing the size of its venture capital arm, Lockheed Martin Ventures, raising its capacity from $400 million to $1 billion. The move represents a 250% expansion and marks the fund’s largest increase since its launch in 2007.The defense contractor said the additional capital will be deployed over time to advance critical national security technologies and accelerate the transition of innovations from research and development into operational use within the Defense Industrial Base.“Our venture capital investments are a critical part of our overall strategy to develop and integrate the best technologies for national security now and in the future,” said Evan Scott, CFO of Lockheed Martin. “Our investments help create a pipeline of cutting-edge technologies that create a resilient industrial base, drive growth, and ultimately help the United States and its allies deter the most pressing emerging threats.”Since its inception with $100 million in initial funding, Lockheed Martin Ventures has invested more than $500 million across over 120 companies. More than 60 of these firms have gone on to become suppliers to Lockheed Martin, collectively securing over $750 million in contracts. In the past two years alone, 25 new companies have been added to the portfolio.The fund targets emerging technologies such as quantum computing, autonomy, artificial intelligence, directed energy, advanced materials, and microelectronics. Lockheed Martin describes its venture arm as one of the most active and longest-running corporate venture capital platforms in the U.S. aerospace and defense sector.Lockheed Martin Ventures is also set to host its ninth annual Demo Day in August at the company’s headquarters, where it will showcase portfolio companies and startups operating in aerospace and defense.Lockheed Martin stock price

Original: Lockheed Martin Expands Venture Capital Fund to $1 Billion

Splashdown! Lockheed Martin-Built Orion Spacecraft Safely Returns Astronauts to Earth, Completing NASA's Artemis II MissionApril 10, 2026 10:50 PM
PR Newswire (US)

First crewed deep space mission in 53 years validates Orion for future lunar explorationDENVER, April 10, 2026 /PRNewswire/ -- After traveling 694,481 miles to the Moon and back, the Lockheed Martin (NYSE: LMT)-built Orion spacecraft has successfully splashed down in the Pacific Ocean, completing NASA's Artemis II mission and marking a major milestone in humanity's return to deep space exploration.







Following a 10-day journey around the Moon, Orion and its four-person crew dramatically re-entered Earth's atmosphere at speeds approaching 24,000 mph before deploying parachutes and splashing down off the coast of southern California. The mission demonstrated Orion's ability to safely carry astronauts beyond low-Earth orbit, farther from Earth than humans have ever traveled and return them safely home – capabilities essential for NASA's future Artemis missions."As Orion brings its crew safely home from humanity's first crewed mission to deep space in more than five decades, we've proven what's possible through relentless innovation, discipline, and partnership," said Robert Lightfoot, president of Lockheed Martin Space. "I am incredibly proud of our Lockheed Martin team. This mission validates Orion's performance in the most demanding environment and confirms we are ready to take bold next steps – returning astronauts to the lunar surface."Orion's Mission: Setting the Stage for Future Exploration During the mission aboard Orion, astronauts Reid Wiseman, Victor Glover, Christina Koch, and Canadian Space Agency astronaut Jeremy Hansen traveled thousands of miles beyond the far side of the Moon on a free-return trajectory. Along the way, the crew:Conducted critical system evaluations, including life support, navigation, communications, propulsion operations and manual pilotingCaptured science imagery and observations of the far side lunar surfaceTested Orion's fully integrated environmental control and life support systems, as well as advanced avionics and crew interfacesSet the record for the farthest human spaceflight from Earth at 252,756 milesThese systems enabled astronauts to live and work in deep space while gathering essential data. The data will be used to refine systems and operations ahead of Artemis III which will demonstrate critical docking with NASA's Human Landing System and Artemis IV, which aims to land astronauts on the Moon for the first time since Apollo.Orion performed exceptionally well throughout the mission, including its most demanding phase, Earth re-entry. The spacecraft's heat shield withstood temperatures nearing 5,000 degrees Fahrenheit, while its parachute system executed a precise descent sequence to ensure a safe landing.After splashdown, recovery teams extracted the crew via helicopter and transported them to the USS John P. Murtha recover ship. The astronauts will undergo post-mission medical evaluations before returning to shore and then flying to NASA's Johnson Space Center in Houston.Lockheed Martin is the prime contractor for NASA's Orion spacecraft and has led its design, development, and production. The company continues to work alongside NASA and its partners to enable sustainable lunar exploration and support the agency's long-term goals for human exploration of Mars.About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.










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Original: Splashdown! Lockheed Martin-Built Orion Spacecraft Safely Returns Astronauts to Earth, Completing NASA's Artemis II Mission

Lockheed Martin Secures First Contract for PAC-3® MSE Accelerated Production, Strengthening the Arsenal of FreedomApril 10, 2026 9:00 AM
PR Newswire (US)

DALLAS, April 10, 2026 /PRNewswire/ -- The U.S. government awarded Lockheed Martin (NYSE: LMT) a multibillion-dollar contract to continue critical accelerated production of PAC-3 Missile Segment Enhancement (MSE). The $4.7 billion undefinitized contract action (UCA) enables Lockheed Martin to advance production acceleration and deliver record numbers of combat-proven interceptors for American and allied forces this year.







The contract follows the landmark framework agreement signed with the Department of War (DoW) on Jan. 6 to ramp up PAC-3 MSE production as part of the administration's Acquisition Transformation Strategy, and a decisive step that gives our warfighters an unmatched defensive shield.WHY IT MATTERSPAC-3 MSE is the world's undisputed advanced air defense missile, providing a critical shield against a wide range of threats. Its performance has been proven in operations including Operation Epic Fury, where it continues to successfully defend forces and infrastructure. Today's announcement adds government funding to what industry has already invested to maintain strong munitions stockpiles, ensuring America and its allies continue to keep adversaries at bay.EXPERT PERSPECTIVE "We are answering the nation's call with urgency and partnering with the DoW to accelerate PAC-3 MSE production faster than ever before," said Tim Cahill, president, Lockheed Martin Missiles and Fire Control. "Our investments in our facilities, workforce and supply chain ensure we can deliver at scale and with speed. With the right tools, proven processes and skilled employees in place, we are positioned to deliver a record number of munitions in support of the warfighter and our allies."ADDITIONAL CONTEXT Multibillion-Dollar Investment: Lockheed Martin has invested more than $7 billion since President Donald Trump's first term to expand capacity for priority systems, including approximately $2 billion dedicated to accelerating munitions production. The company recently broke ground on the Munitions Acceleration Center, a world-class facility that will prepare the workforce of the future, and announced the opening of the Rapid Fielding Center to streamline the end-to-end development, testing and prototype production of next-generation systems and solutions for U.S. government customers.Acquisition Transformation Strategy: Lockheed Martin was the first in the industry to announce a framework agreement for munitions acceleration under the DoW's Acquisition Transformation Strategy, tripling production of the combat-proven PAC-3 MSE interceptor. That was followed by additional agreements to quadruple the production capacity of Terminal High Altitude Area Defense (THAAD) interceptors as well as Precision Strike Missiles (PrSM).American Job Growth: Lockheed Martin continues to expand its workforce, creating tens of thousands of high-quality American jobs across manufacturing, engineering and skilled trades. These investments ensure America and its allies have the proven capabilities needed to protect people, infrastructure and freedom around the globe.About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.    










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Original: Lockheed Martin Secures First Contract for PAC-3® MSE Accelerated Production, Strengthening the Arsenal of Freedom

U.S. defense stocks decline after ceasefire, report signals smaller war funding requestApril 8, 2026 10:06 AM
IH Market News
Several U.S. defense companies moved lower in premarket trading on Wednesday after the ceasefire agreement between the United States and Iran, while a media report indicated the Pentagon may seek substantially less war funding than previously planned.According to The Washington Post, citing U.S. officials and people familiar with the discussions, the administration is preparing to reduce its request for additional war-related funding, with the expected amount ranging between $80 billion and $100 billion.That figure would represent less than half of the more than $200 billion the Pentagon had originally proposed to the White House last month.Shares of major defense contractors Lockheed Martin (NYSE:LMT) and Northrop Grumman (NYSE:NOC) declined about 1.3% and 1%, respectively, by 07:40 ET. L3Harris Technologies (NYSE:LHX) also traded slightly lower.President Donald Trump said late Tuesday that he had agreed to pause planned military strikes on Iranian infrastructure for two weeks, provided Tehran immediately reopens the Strait of Hormuz.The announcement came less than two hours before Trump’s own deadline and marked a sharp shift from his earlier warning that he could eliminate “a whole civilization” if Iran refused to reopen the strategic waterway, which carries roughly one-fifth of the world’s oil shipments.Trump, who had issued multiple warnings in recent weeks before stepping back, said progress in diplomatic discussions led him to accept the pause. Iran had submitted a 10-point proposal that he described as a “workable basis” for negotiations, and he indicated that a final agreement could be reached within the two-week timeframe.Iranian Foreign Minister Abbas Araghchi, speaking on behalf of the country’s Supreme National Security Council, said Tehran’s armed forces will “cease their defensive operations.”The easing of tensions pushed oil prices sharply lower, with crude falling nearly 14%, while global equities rallied. U.S. stock futures gained more than 2%, and markets across Asia and Europe also advanced.In addition to defense contractors, U.S. energy companies also moved lower as crude prices dropped.Lockheed Martin stock priceNorthrop Grumman stock priceL3Harris Technologies stock price

Original: U.S. defense stocks decline after ceasefire, report signals smaller war funding request

Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward for the First Time in 53 YearsApril 1, 2026 8:41 PM
PR Newswire (US)

KENNEDY SPACE CENTER, Fla., April 1, 2026 /PRNewswire/ -- NASA's Orion spacecraft – built by Lockheed Martin (NYSE: LMT) – launched on the Space Launch System (SLS) rocket from Kennedy Space Center, Florida at 6:35 p.m. ET today, marking the start of NASA's historic Artemis II mission and a crewed return to the Moon.







For this first crewed test flight of the Artemis program, Orion is carrying four crew members – NASA astronauts Reid Wiseman, Victor Glover and Christina Koch, and Canadian Space Agency astronaut Jeremy Hansen. During the 10-day mission, the astronauts will complete two orbits around Earth before traveling nearly 5,000 miles beyond the far side of the Moon and almost 250,000 miles from Earth."Today's launch is just the beginning of this mission, where we look forward to testing the Orion systems and proving it will be capable of transporting crews to the lunar surface and return them home," said Robert Lightfoot, president, Lockheed Martin Space. "This historic moment marks a renewed journey to the Moon and a critical step toward future crewed landings."What's New on Orion Artemis II 
The Orion spacecraft for this mission – named Integrity by its astronaut crew – features several new systems to help keep humans safe in deep space. These include:Environmental control and life support systems, critical to keep the crew safe and comfortableUpdated displays and controls for the crew to fly OrionAudio communications including an experimental laser communication system to communicate with NASA mission control in HoustonFully functional Launch Abort System to pull Orion and the crew to safety in the event of an emergency during launchExercise machine, potable water and galley to maintain strength, hydration and nutritionWaste management system and hygiene bay, a first for a deep space missionAn Epic 10-Day Journey
Over the 10-day mission, the crew will perform a multitude of critical system checkouts, including a proximity maneuvering demo, to verify the vehicle's readiness for deep space operations. They will travel on a free-return trajectory around the Moon – conducting observations and imaging of the far side lunar surface – that will generate essential data on spacecraft performance and human health in deep space to enable future landing missions.On April 10, after completing its 10-day mission around the Moon, Orion and its crew will re-enter the Earth's atmosphere at 30 times the speed of sound and then slow down to just under 20 mph, splashing down in the Pacific Ocean off the coast of San Diego, California."Our team has poured years of precision, problem solving and passion into building Orion and seeing it on its way to taking astronauts around the Moon in this test flight is incredible," said Kirk Shireman, VP and Orion program manager at Lockheed Martin Space. "We are excited for this mission to prepare for future crewed flights, seeing humans go farther than we've gone before and proving the Moon is once again within our reach."The public can track Orion and its crew in real time during the mission, including distances from the Earth and Moon, mission duration, and more. NASA's Artemis Real-time Orbit Website (AROW) will create visuals from Orion data. Updates will also be sent out in real-time over Lockheed Martin Space's X channel.About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.










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Original: Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward for the First Time in 53 Years

Honeywell, Lockheed Martin shares edge higher following new defense agreementsMarch 25, 2026 11:23 AM
IH Market News
Shares of Honeywell (NYSE:HON) rose about 1.3% to nearly $225 in premarket trading on Wednesday, while Lockheed Martin (NYSE:LMT) gained roughly 0.4% to around $613.Honeywell Aerospace announced that it has entered into a supplier framework agreement with the U.S. Department of War, supported by a multi-year $500 million investment aimed at expanding defense manufacturing capacity.“Honeywell Aerospace is proud to embrace the challenge and meet this urgent need,” said Jim Currier, CEO of Honeywell Aerospace.In a separate development, Lockheed Martin also reached a framework agreement with the U.S. Department of War designed to accelerate production of the Precision Strike Missile system. The initiative builds on a $4.94 billion contract awarded by the U.S. Army in 2025 and is expected to quadruple manufacturing capacity for the missile program.Honeywell stock priceLockheed Martin stock price

Original: Honeywell, Lockheed Martin shares edge higher following new defense agreements

Lockheed Martin to ramp up Precision Strike Missile production under new framework dealMarch 25, 2026 8:58 AM
IH Market News
Lockheed Martin (NYSE:LMT) announced a framework agreement with the Department of War aimed at accelerating the production of Precision Strike Missiles (PrSM), with plans to expand manufacturing capacity fourfold. The arrangement builds on a $4.94 billion contract awarded by the U.S. Army last year.The framework includes the possibility of a multi-year contract lasting up to seven years, subject to approval by Congress. Lockheed Martin currently operates more than 115,000 square feet of dedicated manufacturing space for the PrSM program in the United States, supported by over 400 employees.On March 4, U.S. Central Command confirmed that the long-range PrSM was used in combat for the first time during Operation Epic Fury, marking the system’s operational debut. The U.S. Army granted Milestone C approval for the program in July 2025, signaling readiness for full-scale production and deployment.The Precision Strike Missile is intended to replace the Army Tactical Missile System (ATACMS), offering greater range and improved lethality. The system is designed to enhance deep-strike capabilities for military operations.“Lockheed Martin delivers the advanced precision fires capabilities the warfighter needs, including the Precision Strike Missile (PrSM), which expands deep-strike capability,” said CEO Jim Taiclet. “We are working closely with the Department of War and the U.S. Army to scale production to meet operational demand.”Since 2017, Lockheed Martin has invested more than $7 billion to expand production capacity for priority defense systems, including around $2 billion specifically allocated to accelerating munitions manufacturing. The company has previously announced similar agreements to boost production of PAC-3 Missile Segment Enhancement interceptors and Terminal High Altitude Area Defense interceptors as part of the Department of War’s Acquisition Transformation Strategy.Lockheed Martin stock price

Original: Lockheed Martin to ramp up Precision Strike Missile production under new framework deal

Lockheed Martin Answers the Nation's Call and Quadruples Precision Strike Missile ProductionMarch 25, 2026 7:10 AM
PR Newswire (US)

New agreement between Lockheed Martin and the Department of War ensures joint forces have the military advantage they needDALLAS, March 25, 2026 /PRNewswire/ -- In a decisive move to guarantee American overmatch against any adversary, Lockheed Martin (NYSE: LMT) and the Department of War (DoW) announced a framework agreement to accelerate the production of Precision Strike Missiles (PrSM). The agreement builds on a previous $4.94 billion contract award from the U.S. Army last year and together, these actions will quadruple PrSM production capacity.







Lockheed Martin is mobilizing the full might of its industrial and technological power to build the Arsenal of Freedom by dramatically accelerating production of this critical munition, leveraging next-generation technologies to build faster and better.This initiative directly supports the national imperative to build a more lethal, resilient and ready fighting force, backed by a stronger, advanced industrial base. The agreement includes the ability to negotiate a multi-year contract up to seven years, should Congress grant multi-year authority, contingent upon future congressional authorization.The agreement marks the latest commitment Lockheed Martin has made to expand and strengthen the Arsenal of Freedom, creating high-paying, highly skilled jobs that will secure peace through strength for generations to come.WHY IT MATTERSOn March 4, U.S. Central Command confirmed that long-range PrSM was used in combat for the first time during Operation Epic Fury, marking the system's operational debut and demonstrating expanded deep-strike capability.Designed to succeed the legacy Army Tactical Missile System (ATACMS), PrSM delivers extended range, improved lethality and platform versatility. The system is enabled by mission integration and digital engineering across industry and government. In July 2025, the Army granted Milestone C approval for PrSM, signaling readiness for full production and deployment. EXPERT PERSPECTIVE "Lockheed Martin delivers the advanced precision fires capabilities the warfighter needs, including the Precision Strike Missile (PrSM), which expands deep-strike capability," said Lockheed Martin Chairman, President and CEO Jim Taiclet. "We are working closely with the Department of War and the U.S. Army to scale production to meet operational demand and ensure the joint force has the capabilities needed to deter and defeat emerging threats."ADDITIONAL CONTEXT Multibillion-Dollar Investment: Lockheed Martin has invested more than $7 billion since President Donald Trump's first term to expand capacity for priority systems, including approximately $2 billion dedicated to accelerating munitions production. These investments in facilities, tooling, suppliers and workforce are enabling higher production rates at speed and scale.Acquisition Transformation Strategy: Lockheed Martin was the first in the industry to announce a framework agreement for munitions acceleration under the DoW's Acquisition Transformation Strategy, tripling production capacity of the combat-proven PAC-3® Missile Segment Enhancement (MSE) interceptor and a second agreement to quadruple the production capacity of Terminal High Altitude Area Defense (THAAD) interceptors.Manufacturing Details: Lockheed Martin has more than 115,000 square feet of dedicated operations space in the United States for PrSM, with more than 400 U.S. employees supporting the program currently.American Job Growth: To meet growing demand, Lockheed Martin continues to expand its workforce, creating tens of thousands of high-quality American jobs across manufacturing, engineering and skilled trades.About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.    














View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-answers-the-nations-call-and-quadruples-precision-strike-missile-production-302724722.htmlSOURCE Lockheed Martin

Original: Lockheed Martin Answers the Nation's Call and Quadruples Precision Strike Missile Production

While everyone is racing to pump the stocks of defense giants like Rheinmetall at 1500€ or Lockheed Martin, I see a tectonic shift in the industry. What was once "strength" is now becoming a "target." More:
https://independentvalue1.substack.com/p/between-euphoria-and-reality-why

Iron Coffins: Why Your "Armored" Millions Just Became Scrap Metal
Gentlemen investors, take a seat and brace yourselves, because it is time to face a brutal reality: you invested in the wrong century. While you were rubbing your hands together looking at the growth charts of Lockheed Martin and General Dynamics, the world moved on. Your "iron"—those $10 million tanks and $13 billion aircraft carriers—has become the world’s most expensive collection of monuments.

1. The "Cheap Death" Paradox
Your precious "armor" is being pierced today by a drone that costs less than a used motorcycle. America spends millions to protect a single soldier in high-tech plating, while men in the Iranian mountains or Yemeni deserts use garage-built tech to turn that armor into an oven. The math is merciless: They spend thousands; you spend billions. That isn't an investment; it’s a bottomless pit.

2. Geography Doesn’t Care About "High-Tech"
All your sensors and thermal cameras are useless when you hit the Iranian wall. Where the peaks pierce the sky at 6,000 meters, your satellite navigation and heavy machinery become a liability. A tank cannot climb a cliff, and a jet cannot see through a kilometer of granite into "underground cities." You invested in machines built for desert parades, but you’ve encountered a wall 5,000 years old. Your "state-of-the-art" budget cannot buy victory against nature and history.

3. Logistic Heart Attack
Iron demands oil, spare parts, and thousands of mechanics. America no longer has the money or the will to finance that on the other side of the planet. The moment the world’s most advanced aircraft carrier "tucked tail" and turned back in the face of a threat, your investment devalued. It was a signal to the entire world: The armor is cracked, and the power is just an illusion.

4. The End of the "Iron Myth"
Investors, understand this: war has become invisible, fast, and asymmetrical. Your "heavy metal" is clumsy, slow, and too expensive to maintain. America is slowly running out of breath trying to patch an old suit that is ripping at the seams. Selling off this expensive tech is the only logical move before it becomes completely worthless. But here’s the problem—who is going to buy it when everyone sees it doesn't work against a simple drone and a mountain cave?

Lockheed Martin conducts first live tracking test with SPY-7 radarMarch 23, 2026 6:34 AM
IH Market News
Lockheed Martin (NYSE:LMT) has carried out the first live target tracking test of its SPY-7 radar system, the defense contractor said, in an exercise conducted alongside the U.S. Department of War, the Missile Defense Agency and Japan’s Ministry of Defense.The SPY-7 radar used during the test is slated for deployment in Japan, where it will be installed on the country’s first Aegis System Equipped Vessel (ASEV). During the exercise, the ASEV platform demonstrated its ability to search for, detect, identify, track and distinguish live targets, ultimately concluding the test with simulated engagement scenarios.“Successful completion of the first live target tracking exercise of the ASEV system affirms that our integrated Aegis system is ready to detect, track and engage targets, showcasing Lockheed Martin’s ability to deliver rapid solutions in partnership with the Department of War and Japanese allies,” said Chandra Marshall, vice president of Multi-Domain Combat Solutions at Lockheed Martin.The SPY-7 radar system is designed to counter a wide range of threats while allowing operators to engage multiple targets at the same time. The technology is expected to strengthen naval defense capabilities through improved detection and tracking performance.Lockheed Martin stock price

Original: Lockheed Martin conducts first live tracking test with SPY-7 radar

INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Terran Orbital Corporation to Contact Law FirmMarch 16, 2026 4:18 PM
PR Newswire (US)

NEW YORK, March 16, 2026 /PRNewswire/ -- Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating potential claims against the officers and directors of Terran Orbital Corporation in connection with the October 30, 2024 merger with Lockheed Martin Corporation [NYSE: LMT]







To: Terran Orbital Corporation [NYSE: LLAP] shareholders who owned Terran Orbital on October 30, 2024 and received $0.25 per share in the merger with Lockheed MartinFrom: Moore Law PLLC, fletcher@fmoorelaw.comThe Investigation Moore Law PLLC is investigating claims that Marc Bell, Terran Orbital former CEO, conspired with Lockheed Martin to merge Terran with Lockheed and cash out Terran Orbital public shareholders for a bargain basement price of $0.25 per share while Marc Bell received a $6 million payment approved by Lockheed.  Before being awarded a $6 million bonus, Bell had insisted that Terran Orbital shares were worth more than Lockheed's original merger offer of $1.00 per share.  Marc Bell's acts or omissions allowed Lockheed to cash out Terran shareholders at an unfairly low price. Media outlets have reported that "Terran Orbital Corp.'s chief executive shortchanged shareholders when he engineered the space startup's $450 million fire sale to Lockheed Martin Corp. after being offered a golden parachute."If you owned Terran Orbital Corporation (NYSE: LLAP) stock on October 30, 2024 and received $0.25 per share in the Lockheed Martin merger, please email fletcher@fmoorelaw.comYou may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever.  All representation is on a contingency fee basis. Shareholders pay no fees or expenses.MOORE LAW PLLC
30 Wall Street, 8th Floor
New York, NY 10005
fletcher@fmoorelaw.com
www.fmoorelaw.com 



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Original: INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Terran Orbital Corporation to Contact Law Firm

Defense stocks rally as Middle East tensions drive renewed military spending expectationsMarch 2, 2026 11:00 AM
IH Market News
Defense-sector equities moved sharply higher on Monday as escalating conflict in the Middle East boosted expectations for increased military spending and replenishment of weapons inventories.Lockheed Martin (NYSE:LMT) climbed 6.5%, while L3Harris Technologies (NYSE:LHX) gained 4%. Northrop Grumman (NYSE:NOC) advanced 5% and General Dynamics (NYSE:GD) rose 2%. RTX Corporation (NYSE:RTX) also posted strong gains, jumping 6.5%. Among smaller defense names, AeroVironment (NASDAQ:AVAV) surged 11% and Kratos Defense & Security (NASDAQ:KTOS) added 6.7%.The rally followed a large-scale joint military operation launched Saturday by Israel and the United States against Iran, dubbed “Operation Epic Fury.” The strikes reportedly resulted in the deaths of several senior Iranian figures, including Supreme Leader Ayatollah Ali Khamenei, and military activity is expected to continue in the coming days.Jefferies analysts said the escalation reinforces expectations for expanding U.S. defense budgets — projected to reach roughly $1 trillion in 2026 — alongside major initiatives such as Golden Dome and accelerated efforts to replenish missile and interceptor inventories.William Blair analyst Louie DiPalma noted, “Geopolitical conflicts are depleting U.S. stockpiles of key missile interceptors, missiles, and drone systems.”Recent procurement activity reflects that trend, with the U.S. Department of Defense awarding sizable contracts to Lockheed Martin, Raytheon, and AeroVironment aimed at boosting production capacity for critical missile systems and related defense technologies.Get stock prices from InvestorsHub

Original: Defense stocks rally as Middle East tensions drive renewed military spending expectations

Drone and defense stocks rally as Middle East tensions intensifyMarch 2, 2026 10:58 AM
IH Market News
Shares of drone manufacturers and defense technology companies moved sharply higher on Monday as rising geopolitical tensions involving the United States, Israel and Iran fueled investor demand for defense-related assets.Markets reacted after weekend military strikes by U.S. and Israeli forces and subsequent Iranian retaliation heightened concerns about a widening regional conflict, lifting defense-sector equities across the board.AeroVironment (NASDAQ:AVAV) surged 17%, reaching its highest level in more than a month. Kratos Defense & Security Solutions (NASDAQ:KTOS) gained 8%, while Red Cat Holdings (NASDAQ:RCAT) posted one of the strongest advances of the group, jumping 26%.Unusual Machines (NYSE:UMAC), which produces ultra-low-latency video goggles used by drone operators, climbed roughly 11% during the session.nLIGHT (NASDAQ:LASR), known for its high-power semiconductor and fiber laser technologies used in aerospace and counter-drone applications, rose 14% and touched new record highs.Canadian firm ZenaTech (NASDAQ:ZENA), focused on AI-enabled drone solutions serving agriculture, logistics and defense markets, added about 7%.Large U.S. defense primes also participated in the rally, with Lockheed Martin (NYSE:LMT) and RTX (NYSE:RTX) each advancing more than 3%.The escalation in hostilities over the weekend rippled through global financial markets, with defense and security companies emerging as key beneficiaries as investors repositioned toward sectors expected to see increased demand amid geopolitical uncertainty.Get stock prices from InvestorsHub

Original: Drone and defense stocks rally as Middle East tensions intensify

China's Rare Earth Grip on the U.S. Military Is About to BreakMarch 2, 2026 9:58 AM
PR Newswire (Canada)

OilPrice.com Market CommentaryNEW YORK, March 2, 2026 /CNW/ -- In a typical Chinese rare earth processing plant, 200 workers move through a maze of massive chemical tanks, risking life and limb to produce the materials that power everything from fighter jets and missile components to cellphones.  Hundreds of these facilities operate across China, and they give Beijing overwhelming control over the single most critical choke point in the modern industrial economy.  Companies mentioned in this release include: REalloys Inc. (ALOY), Lockheed Martin Corporation (NYSE: LMT), RTX Corporation (NYSE: RTX), The Boeing Company (NYSE: BA), Northrop Grumman Corporation (NYSE: NOC), General Dynamics Corporation (NYSE: GD).But now, in Saskatchewan, Canada, a hi-tech plant of engineers and chemists is beginning to break that monopoly.The facility is built around an AI enabled operating system that minimizes waste, reduces exposure to hazardous materials, and creates a cleaner, more secure processing chain.And one company has locked in exclusive rights to the vast majority of what that plant produces.  That company is REalloys (ALOY).It operates in the part of the rare earth supply chain that barely exists outside China - the step where strategic independence is actually won or lost.As President Trump pointed out, it isn't rare earths that are critical to national security, it's the "rare processing" industry.Digging minerals out of the ground is relatively easy. Turning them into finished metals and alloys for fighter jets, drones, missile guidance systems, and advanced radar is something else entirely. That's where Western supply chains break down, and where REalloys is fighting to make a difference.The company operates its own metallization facility in Euclid, Ohio, built on nearly a decade of R&D with the U.S. Department of Energy and Department of Defense. It also holds an exclusive offtake agreement with the Saskatchewan Research Council (SRC), the government-backed group behind the AI-powered processing plant.Here's how the chain works: SRC refines rare earth feedstock sourced from allied nations across four continents. REalloys takes delivery in Ohio, converts those metals into defense-grade alloys and magnets, and has confirmed contracts with the U.S. defense industrial base.Every critical step happens on North American soil - with no Chinese chemicals, no Chinese technology, and no Chinese capital.As REalloys' Head of R&D, Andy Sherman, puts it: "Concentrates are commodities. Materials are commitments."The Pentagon doesn't buy rocks. It buys finished, defense-qualified materials.And that's exactly what this supply chain delivers.How China Accidentally Created Its Biggest CompetitionWhen REalloys (ALOY) processing partner began developing its first commercial rare earth separation facility, China controlled the overwhelming majority of global export technology. Following China's 2020 export control law, access to that technology became restricted.So the team ultimately designed and built its own separation, control and automation systems domestically – establishing independent Western rare earth processing capability.What they ended up with was an alternative to Chinese technology with better output and without the supply chain risk. As a result, the facility has automated the most labor-intensive step of rare earth processing, separating up to 17 chemically similar elements into the specific rare earths you need.In a Chinese plant, this process requires over 200 workers managing chemical tanks and adjusting valves manually. The Saskatchewan facility was able to reduce this by approximately 80 workers and an AI that receives thousands of data points every second and can make the necessary adjustments  that no human team could coordinate.The plant was deliberately built at about 25-30% the capacity of a full-scale Chinese commercial facility, essentially a demonstration plant to prove the technology. At a fraction of the size, however, it already has the capability to produce much higher purity metals and higher output than Chinese plants.Commercial production is expected to start in early 2027, once the plant reaches full production REalloys (ALOY) expects to receive approximately 460 tonnes of defense-grade rare earth metals per year. That material becomes the permanent magnets inside the next generation of Western defense systems like fighter jets, missiles, and drones.Why This Matters Right NowMost people have heard that China dominates the rare earths market, about 90% of the world's rare earths are processed there. What they haven't thought through is what that actually means when the supply gets cut off.Japan figured this out decades ago and built strategic stockpiles covering two to three years of national consumption. The United States, however, has stockpiled nothing. Neither has Europe.We've been running on just-in-time supply from a country that issues rare earth export licenses on a monthly basis. If Beijing is happy with you this month, you get your allocation. If they're not, they cut it.When China briefly restricted exports last year, a Ford plant was forced to shut down almost immediately. When Trump threatened 100% tariffs, China's response was simple: no more processed rare earths. Trump backed off very quickly.Now consider the effects on the military side. In 2024, Ukraine produced 1.2 million combat drones, every single magnet in every one of them was manufactured in China. An F-35 carries 435 kilos of rare earths. A next-gen U.S. destroyer needs 4.5 tons. A nuclear submarine needs 1.5 tons.Without a secure supply of these materials, none of those systems get built, which means China effectively holds a kill switch over Western defense production.The Pentagon knows it, too. That's why new procurement rules taking effect January 1, 2027, will ban Chinese-sourced rare earths from the entire U.S. defense supply chain, from the mine all the way through to the finished product. That means every defense contractor in the country will need a qualified, non-Chinese source. REalloys is positioning to be that source."1% Reliance on China Is 100% Reliance on China"There's a reality in the rare earth industry that most companies haven't seemed to fully consider: 1% reliance on China is 100% reliance on China. If any single input in your supply chain comes from Beijing, your entire operation is one phone call away from shutting down. REalloys' (ALOY) supply chain has no Chinese inputs at any stage, processing technology, furnaces, chemicals, AI systems, or consumables. All of it is sourced outside China.Most of the competition can't say the same. You can mine rare earths in the U.S., build your own processing plant, and still be one supply disruption away from a shutdown. That's because critical parts like graphite anodes need replacing several times a week, and right now they only come from China. Starting from zero, it would realistically take five to seven years to build what REalloys already has.What Makes This Opportunity DifferentREalloys has exclusive rights to defense-grade rare earth metals through the Saskatchewan facility, including the heavy rare earths, Dysprosium and Terbium, that dramatically increase a magnet's performance. Light rare earths go into washing machines and consumer EVs. Heavy rare earths, on the other hand, go into F-35 fighter jet engines and missile guidance systems. REalloys plays the scarcer, more strategically critical end of the market, at a fraction of the valuation.Their Ohio facility converts those metals into finished alloys and magnets, and scaled production is expected to scale up to 18,000 tonnes per year of heavy rare earth permanent magnets. At that level, REalloys expects to become the largest producer of refined Dysprosium and Terbium outside of China.Washington has taken notice as well. REalloys has secured a $200 million letter of intent from the U.S. EXIM Bank. And the board reads less like a commodities company and more like a national security briefing, including a former Vice Chief of Staff of the U.S. Army, the President of GM Defense, an executive formerly from top defense companies like Raytheon and Boeing, the former Premier of Saskatchewan, and the President of Palantir Canada.The Pentagon's deadline is now months away, while competitors are still 5 to 7 years behind. REalloys (ALOY) expects to be the only company with a fully operational, non-Chinese, mine-to-magnet supply chain when it arrives, powered by six people and an AI that outperforms plants with 80 workers on the floor.Despite what most believe, the rare earth story was never about who has the raw material in the ground. It's about who can turn the raw material into something the Pentagon can actually use, and right now, that answer seems to be REalloys.Here are other companies in the defense sector that people should be watching closely over the coming months:Lockheed Martin Corporation (NYSE: LMT) remains the backbone of the U.S. defense industrial base, anchored by its leadership in advanced combat aircraft, missile systems, and integrated air and missile defense. The company's F-35 Lightning II program continues to serve as the single largest weapons system program in the world, supplying not only the U.S. military but also a growing list of allied nations.Beyond fighter jets, Lockheed is deeply embedded in missile defense architecture through systems such as THAAD and PAC-3 interceptors, both of which have seen rising demand amid renewed Middle East and Indo-Pacific tensions.RTX Corporation (NYSE: RTX), formed from the merger of Raytheon and United Technologies, has evolved into one of the most diversified defense and aerospace platforms globally. Its portfolio spans missile defense systems, advanced radars, aircraft engines, avionics, and cybersecurity solutions, giving it exposure across air, land, sea, and space domains.Raytheon's Patriot missile system remains one of the most widely deployed air defense platforms worldwide and has seen renewed demand amid heightened missile threats. RTX has also benefited from increased orders for interceptors and replenishment contracts, particularly as governments seek to strengthen layered defense systems.The company has recently focused on stabilizing margins following supply chain disruptions and cost overruns that impacted certain aerospace programs. With backlog levels remaining robust, RTX's revenue visibility remains strong, supported by long-term government contracts and allied defense procurement.While The Boeing Company (NYSE: BA) is widely known for commercial aviation, its defense, space, and security division remains a cornerstone of U.S. military procurement. The company manufactures the P-8 Poseidon maritime patrol aircraft, the KC-46 aerial refueling tanker, Apache helicopters, and various satellite and space systems critical to U.S. defense infrastructure.As geopolitical tensions elevate demand for surveillance, refueling capacity, and integrated aerospace systems, Boeing's defense division provides an important stabilizing component to the broader company profile. While commercial aviation cycles remain volatile, Boeing's defense segment ensures long-duration contract visibility and sustained Pentagon exposure.Northrop Grumman Corporation (NYSE: NOC) occupies a critical role in high-end aerospace and strategic systems. The company is the prime contractor for the B-21 Raider stealth bomber, one of the most strategically significant modernization programs in the U.S. Air Force's history. That program alone provides decades of potential production and sustainment revenue.Northrop also leads in unmanned aerial systems, missile defense integration, and space-based sensor technologies. Its exposure to next-generation aerospace and advanced stealth platforms places it at the center of U.S. long-term deterrence strategy.General Dynamics Corporation (NYSE: GD) combines shipbuilding, combat vehicles, aerospace, and IT systems under one diversified umbrella. The company's Electric Boat division produces Virginia-class submarines and Columbia-class ballistic missile submarines — programs that anchor U.S. naval deterrence.Recent submarine contracts extend production visibility well into the next decade, while geopolitical tensions continue to emphasize naval force projection and undersea capability. GD's land systems division.By. Tom KoolIMPORTANT NOTICE AND DISCLAIMER FORWARD LOOKING STATEMENTS
This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies' actual results of operations. Factors that could cause actual results to differ include, but are not limited to, changing governmental laws and policies concerning, among other things, recreational and medical cannabis sales, success of the company's proprietary technology, the size and growth of the market for the company's products and services, the company's ability to fund its capital requirements in the near term and long term, pricing pressures, etc. SHARE OWNERSHIP
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Original: China's Rare Earth Grip on the U.S. Military Is About to Break

Record Defense AI Spending Opens a Procurement WindowFebruary 12, 2026 10:28 AM
PR Newswire (US)

Issued on behalf of VisionWave Holdings, Inc.NEW YORK, Feb. 12, 2026 /PRNewswire/ -- USA News Group News Commentary – The Pentagon just carved out its first-ever standalone budget line for autonomy, requesting $13.4 billion for AI-driven platforms[1] across aerial, ground, and maritime domains. That spending lands as the U.S. Army outsources its entire helicopter pilot training pipeline[2] to a single contractor under a 26-year deal at Fort Rucker, replacing four fragmented contracts with one enterprise training up to 1,500 aviators per year. VisionWave Holdings Inc. (NASDAQ: VWAV), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Archer Aviation (NYSE: ACHR), and Woodward (NASDAQ: WWD) are building the perception, training, and control systems at the center of this procurement cycle.







The Defense Innovation Unit is offering $100 million[3] to prototype vehicle-agnostic orchestration software capable of translating battlefield commander intent into coordinated autonomous execution across multi-domain fleets. Every service branch increased its AI allocation within the DoD's $66 billion IT budget for 2026[4], positioning autonomous sensing and cross-platform integration as the primary capability gaps driving procurement this cycle.VisionWave Holdings, Inc. (NASDAQ: VWAV) recently demonstrated compelling real-world performance of SaverOne's RF-based Vulnerable Road User (VRU) detection platform in front of a major vehicle manufacturer, revealing technology capable of identifying pedestrians in complete darkness and behind physical obstructions where conventional sensors fail. The live test marked a significant step forward for pedestrian safety technology built on fundamentally different principles than anything currently deployed in the automotive sector.Rather than depending on cameras, radar, or LiDAR, SaverOne's system detects electromagnetic signals emitted by mobile devices that pedestrians carry. This RF-based approach eliminates the line-of-sight requirement that limits every optical and laser-based sensor on the market today. For autonomous vehicle developers still grappling with edge-case failures, the distinction is critical: the system identifies threats that remain completely invisible to traditional perception stacks.The controlled demonstration put the technology through scenarios designed to expose weaknesses in standard sensor arrays. As the test vehicle began moving, the VRU system immediately flagged nearby pedestrians before the driver or any onboard camera could establish visual contact. Dashboard warnings intensified as individuals crossed into the vehicle's projected trajectory. In back-to-back tests, the platform correctly identified two separate people concealed behind parked vehicles and maintained full detection accuracy through total darkness without any performance loss."This demonstration shows what happens when perception is no longer limited by line-of-sight," said Dr. Danny Rittman, Chief Technology Officer of VisionWave. "The system detects human presence and movement where cameras and the human eye cannot, providing earlier awareness and more time to react. We believe this capability may represent an advancement in how vehicles and platforms understand their surroundings in certain use cases."VisionWave established a strategic exchange agreement with SaverOne valued at $7.0 million across three stages. Upon milestone completion and shareholder approval, VisionWave could hold roughly 51% of SaverOne on a fully diluted basis. The company is also exploring whether VRU architecture can be adapted for defense and security applications, including unmanned aerial and ground vehicles and fixed installations that require detecting concealed individuals.VisionWave builds artificial intelligence, RF sensing, autonomous systems, and computational acceleration platforms for unmanned operations. The company has advanced capabilities across dual civilian and defense markets while integrating QuantumSpeed, acquired at a $99.6 million independent valuation, with proprietary qSpeed acceleration systems. VisionWave continues European expansion through distribution partnerships in Italy and Spain targeting critical infrastructure maintenance.CONTINUED… Read this and more news for VisionWave Holdings at:  https://usanewsgroup.com/2025/09/11/the-ai-defense-technology-developments-potentially-relevant-in-2025-26/Archer Aviation (NYSE: ACHR) announced plans to develop the next generation of artificial intelligence technologies for aviation using the NVIDIA IGX Thor platform for aircraft safety, airspace integration and autonomy-ready systems. The companies have been working together since early 2025 to integrate the most powerful safety-capable AI computing module into future aircraft programs."CES has always been a launchpad for technologies that reshape industries, so we're proud to announce our AI collaboration with NVIDIA here," said Adam Goldstein, Founder and CEO of Archer Aviation. "NVIDIA's AI compute capabilities and software stack give us the foundation to accelerate toward safer, smarter aircraft systems and modernize how aviation interfaces with the world's airspace."Initial integration is already well underway with broader applications expected across manufacturing, aircraft fleet operations and pilot training. Archer Aviation plans to debut its integration at recently acquired Hawthorne airport in central Los Angeles, which is expected to be its operational hub for planned LA air taxi network operations.Article Sources: https://usanewsgroup.com/2025/09/11/the-ai-defense-technology-developments-potentially-relevant-in-2025-26/ CONTACT:USA NEWS GROUP
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized ?nancial advice. We are not licensed under securities laws to address your particular ?nancial situation. No communication by our employees to you should be deemed as personalized ?nancial advice. Please consult a licensed ?nancial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor quali?ed to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is owned by Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for MIQ, who has been paid a fee for VisionWave Holdings, Inc. advertising and digital media. There may be 3rd parties who may have securities of VisionWave Holdings, Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a con?ict of interest as to our ability to remain objective in our communication regarding the pro?led company. Because of this con?ict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ owns securities of VisionWave Holdings, Inc. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of VisionWave Holdings, Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by VisionWave Holdings, Inc.; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless veri?ed by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.  This publication may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those described.  Forward-looking statements in this document are subject to risks and uncertainties, including technological, regulatory, market, and geopolitical factors, which may cause actual results to differ materially. VisionWave Holdings, Inc. makes no representations or warranties as to the accuracy of third-party projections or market data cited herein.  For more information on risks, see VisionWave Holdings Inc.'s filings with the SEC.SOURCES:https://defensescoop.com/2025/06/26/dod-fy26-budget-request-autonomy-unmanned-systems/ https://www.defenseone.com/business/2026/02/three-firms-move-ahead-armys-future-flight-training-helicopter-training-takeover/411241/ https://www.diu.mil/latest/diu-and-dawg-launch-autonomous-vehicle-orchestrator-prize-challenge https://www.washingtontechnology.com/opinion/2026/02/dods-66b-it-budget-pivots-ai-and-efficiency/411370/Logo - https://mma.prnewswire.com/media/2838876/5656770/USA_News_Group_Logo.jpg  



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Original: Record Defense AI Spending Opens a Procurement Window

Lockheed Martin Declares First Quarter 2026 DividendFebruary 6, 2026 4:52 PM
PR Newswire (US)

BETHESDA, Md., Feb. 6, 2026 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2026 dividend of $3.45 per share. The dividend is payable on March 27, 2026, to holders of record as of the close of business on March 2, 2026. As stated in our most recent earnings release, Lockheed Martin is significantly increasing our investments while maintaining our historical practice of using a disciplined and dynamic approach to capital allocation. 







About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com. 



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Original: Lockheed Martin Declares First Quarter 2026 Dividend

Lockheed Martin's newest GPS satellite reaches orbit, strengthening warfighter connectivityJanuary 28, 2026 6:31 AM
PR Newswire (US)

Lockheed Martin's GPS III SV09 Hosts New Demonstration Payload Aimed at Strengthening Capabilities and Constellation ResilienceCAPE CANAVERAL, Fla., Jan. 28, 2026 /PRNewswire/ -- Every day, Lockheed Martin (NYSE: LMT) delivers capabilities that strengthen and transform our world. On Tuesday night, the company's ninth GPS III space vehicle (SV09) launched in orbit, adding a capability that enables people to connect, gives warfighters the ability to operate in harsh conditions, and demonstrates the power of American innovation.







The satellite launched from Cape Canaveral Space Force Station at 11:53 p.m. ET aboard a SpaceX Falcon 9 rocket. It achieved signal acquisition shortly thereafter and is now under operational control at Lockheed Martin's Denver Launch & Checkout Operations Center until its official acceptance into the GPS operational control network.For the military, GPS III SV09 delivers advanced security and anti-jamming features, which brings uninterrupted, precise navigation and timing in contested or denied environments, safeguarding national-security and defense missions. Overall, GPS III satellites deliver three-times better accuracy, eight-times improved anti-jamming capabilities, and M-code navigation signals for warfighters globally.Each additional GPS III satellite delivers increased accuracy with resilient signals that enable essential services such as aviation, precision agriculture, and telecommunications timing. Sustaining and expanding the GPS constellation is essential as the constellation ages. Adding new GPS spacecraft is required to maintain uninterrupted global coverage, and the forthcoming GPS IIIF satellites will deliver even greater capabilities."The launch of GPS III SV09 is an important step in bolstering the resilience of the GPS constellation," said Malik Musawwir, vice president of Navigation Systems at Lockheed Martin. "By adding more resilient satellites to the constellation, we're laying the foundation for the GPS IIIF-era, which will provide 60-times more anti-jam capabilities. The ongoing investment in GPS III launches and additional GPS IIIF satellites ensures uninterrupted, precise navigation and timing for our forces, even in contested or denied environments."In order to further strengthen GPS signal in the future, GPS III SV09 is also equipped with a laser retroreflector array, designed to improve measurements of the Earth's orientation for the GPS coordinate system.Lockheed Martin has completed production of GPS III SV01-SV10 satellites and is currently manufacturing next-generation GPS IIIF satellites.About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at LockheedMartin.com.










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Original: Lockheed Martin's newest GPS satellite reaches orbit, strengthening warfighter connectivity

Lockheed Martin, PG&E Corporation, Salesforce and Wells Fargo Launch EMBERPOINT™ to Transform America's Wildfire Prevention, Detection and ResponseJanuary 26, 2026 6:00 PM
PR Newswire (US)

WASHINGTON, Jan. 26, 2026 /PRNewswire/ -- Today, Lockheed Martin (NYSE:LMT), PG&E Corporation (NYSE:PCG), Salesforce (NYSE:CRM) and Wells Fargo (NYSE:WFC) announced the launch of EMBERPOINTTMLLC, a purpose-built venture that will integrate next-generation wildfire solutions to help first responders detect, prevent and fight catastrophic wildfires. This partnership will set a new standard in wildfire safety, enabling more progress than a single company can achieve alone.







EMBERPOINTTM will use artificial intelligence, autonomous systems, and integrated command-and-control technologies to help first responders detect fires earlier, prevent their spread and enhance coordination for mitigation efforts. Agencies and utilities will gain access to proven, state-of-the-art systems without the burden of development costs, enabling communities to benefit from advanced, affordable wildfire prevention.Lockheed Martin will contribute its cutting-edge layered approach to prediction and detection, as well as military-grade autonomous response and suppression capabilities, enabling firefighters to rapidly identify and directly intervene at the earliest stages of wildfire ignition.Pacific Gas and Electric Company1, a subsidiary of PG&E Corporation, will bring deep wildfire mitigation experience, with proven layers of protection and a track record of deploying effective risk management programs across geographically-diverse communities. Contributions or information from Pacific Gas and Electric Company are subject to regulatory approval.Salesforce will contribute to the digital foundation for EMBERPOINTTM, integrating disparate data streams into a unified, real-time response engine. Leveraging the power of Agentforce and Slack, Salesforce will enable seamless cross-organization coordination to accelerate wildfire response.Wells Fargo is helping to fund the venture through a capital investment.WHY IT MATTERSThe risk of wildfires is an escalating national crisis, with wildfires devastating communities, economies, and ecosystems across America and the world. Fires are growing larger, more intense and more frequent, causing billions of dollars in damage each year and placing increasing strain on utility customers and taxpayers.As heroic firefighters put their lives on the line, further integrated technologies and data can help them respond faster and stay safer. This effort seeks to build upon the remarkable contributions of the firefighting community by equipping firefighters and emergency responders with advanced tools and coordinated solutions to more effectively combat wildfire threats.LEADERSHIP INSIGHT"It's time to change the way we think about wildfires and bring the best of American technology and know-how to this growing threat to lives and property. Devastating wildfires are on the rise and this new partnership brings four leading companies in the aerospace, electrical power, tech, and financial industries together to address this national problem," said Lockheed Martin Chairman, President and CEO Jim Taiclet. "Building on Lockheed?Martin's leading-edge capabilities in space and ground-based sensing systems, autonomous air and land drones,?and command and control systems, EMBERPOINT™ aims to combine these skills along with those of our partners to address what is a true national security mission.""This partnership underscores our commitment to ending catastrophic wildfires," said PG&E Corporation CEO, Patti Poppe. "We plan to seek regulatory approval to pair Pacific Gas and Electric Company's on-the-ground experience with our partners' advanced technology, and properly scale how we identify risk, prevent incidents, and protect the people and ecosystems we serve for the benefit of all society—while staying fully focused on providing safe and reliable energy to our customers. Today's announcement marks the next step in a broader, multi-phase effort to end catastrophic wildfires.""Agentforce and Slack are powerful tools that can be used to solve the most pressing challenges," said John Somorjai, Chief Corporate Development and Investments Officer, Salesforce. "We look forward to integrating our world-class AI capabilities with the specialized expertise of our partners to combat the escalating threat of wildfires."WHAT'S NEXTThe EMBERPOINTTM team and technologies will be built out in the coming months, targeting demonstrations in 2026.   About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.About PG&E Corporation
PG&E Corporation (NYSE: PCG) is a holding company headquartered in Oakland, California. It is the parent company of Pacific Gas and Electric Company, an energy company that serves 16 million Californians across a 70,000-square-mile service area in Northern and Central California. For more information, visit http://www.pgecorp.com.About Salesforce
Salesforce helps organizations of any size become agentic enterprises - integrating humans, agents, apps, and data on a trusted, unified platform to unlock unprecedented growth and innovation. Visit www.salesforce.com for more information.    About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune's 2025 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.Cautionary Statement Regarding Forward-Looking StatementsThis news release contains forward-looking statements that are not historical facts, including statements about the beliefs, expectations, estimates, future plans and strategies of PG&E Corporation or Lockheed Martin Corporation (together, the "Companies"), including regarding the solutions of EMBERPOINTTM and the effectiveness of those solutions. These statements are based on current expectations and assumptions of management of the Companies ('management"), which management believes are reasonable, and on information currently available to management, but are necessarily subject to various risks and uncertainties. In addition to the risk that these assumptions prove to be inaccurate, factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include: Pacific Gas and Electric Company's receipt of regulatory approval in a satisfactory time and manner; the effectiveness of technological solutions that EMBERPOINTTM intends to use; the parties' ability to realize anticipated benefits from collaboration; risks associated with new business areas and activities, including  ability of EMBERPOINTTM to execute its business plan, scale its operations, and hire skilled personnel; the risks associated with joint ventures and strategic investments, including governance, control matters, and the parties' ability to work together effectively; the ability of EMBERPOINTTM to procure financing, including from other investors; prevailing economic, market, regulatory or business conditions, or changes in such conditions, negatively affecting the parties; potential customers' interest in the services that EMBERPOINTTM intends to offer, including the risk of competition and the risks inherent to contracts with government agencies; reliance on key business partners and suppliers; the ability of EMBERPOINTTM to protect its intellectual property; changes in wildfire risk mitigation technologies; and changes in legislation or regulations. The companies undertake no obligation to publicly update or revise any forward-looking statements, whether due to new information, future events or otherwise, except to the extent required by law. Potential customers or collaborators seeking to learn more about the EMBERPOINTTM solution?
Contact: info@emberpoint.co1 EMBERPOINTTM is not the same company as Pacific Gas and Electric Company, the utility; EMBERPOINTTM is not regulated by the California Public Utilities Commission; and you do not have to buy EMBERPOINTTM's products in order to continue to receive quality regulated services from the utility.



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Original: Lockheed Martin, PG&E Corporation, Salesforce and Wells Fargo Launch EMBERPOINT™ to Transform America's Wildfire Prevention, Detection and Response

Silver Shortage in 2025 and 2026? https://www.youtube.com/shorts/S2105TMcT_g $LMT

India is buying 20 F35

Silver bullion is used for: Rockets and missiles Bombs and shells Fighter jets Satellites Tanks and submarines Torpedoes Night vision goggles Communications devices Radar systems Space technology Nuclear technology $LMT $PSLV

LMT 10Q due Oct 22

The free world might need some more equipment from LMT moving forward.

This is an expensive stock!

LMT new 52 week high

LMT new new 52=week high

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=LMT&insttype=Stock

all time high today

LMT new 52 week high

All time high of 513.02 set today

LMT new 52 week high

LMT suddenly approaching its all time high.

LMT 10Q due 4/23

Looking good:

https://stocktwits.com/Big_Red2/message/567145926