(LMT) News Today

ORLANDO, Fla., Aug. 10, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today the launch of Strigo™ – a new set of modular defense solutions that includes radio-frequency (RF) sensors, missile datalinks and missile seeker technologies built on a common baseline.

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Lockheed Martin Corporation (NYSE:LMT) is “sensational” and its CEO is “fantastic.”

Lockheed Martin climbs 15.5% in three months as a record backlog, major missile defense contracts and expanding production reinforce its long-term growth outlook.

Lockheed Martin (NYSE:LMT | LMT Price Prediction) closed the most recent session at $586.29, while the average Wall Street price target sits at $628.21.

Lockheed Martin is in talks to buy supplies of two critical minerals from U.S. ​mines, two sources familiar with the discussions said, as President Donald Trump pressures defense contractors to cut reliance on China.

Lockheed Martin (LMT) earns a STRONG BUY rating, driven by robust Q2/H1 2026 results and a record $230.4 billion backlog. LMT's H1 2026 revenue growth of 5.44% and net earnings surge of 61.83% outpaced expectations, reflecting operational resilience and aggressive demand. Missiles, aeronautics, and space segments delivered strong growth, with PAC-3, THAAD, and F-35 programs fueling backlog and future cash flow.

The DOD tapped Lockheed Martin, Northrop Grumman to accelerate Patriot, THAAD production. Anduril looks to build unmanned boats.

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Partnership with U.S. Air Force Test Pilot School expands autonomy into live mission system flight tests on the X-62 VISTA. EDWARDS AIR FORCE BASE, Calif.

SEATTLE--(BUSINESS WIRE)--Gravitics, Inc., an orbital infrastructure company, today announced it has been selected to support Lockheed Martin in the execution of a U.S. Department of War contract of national importance. “Being selected to support Lockheed Martin's team is a meaningful milestone for Gravitics,” said Michael Bowker, Chief Business Officer at Gravitics. “Our focus is on disciplined execution for partners working on critical national security priorities. We are proud to work with L.

The U.S. ​Defense Department ‌on Monday said ​it ​had signed a ⁠framework ​deal with ​Lockheed Martin and Northrop ​Grumman ​to expand the ‌production ⁠capacity of missile-interceptor components.

The US defense budget could reach $1.5 trillion, with significant increases in procurement and R&D, driven by heightened geopolitical tensions. Missiles, missile defense, and space are the highest growth areas, positioning established primes like LMT, RTX, and NOC for near- and long-term gains.

On Monday, the Pentagon announced agreements with L3Harris Technologies and Lockheed Martin to expand weapons production capacity for components of two missile interceptors over the next seven years.

All three stocks offer above-average dividends. Lockheed Martin has a backlog of $230 billion.

AST SpaceMobile is rapidly scaling its space-based cellular broadband network through high-profile partnerships with major wireless carriers. Lockheed Martin maintains a dominant market position as a premier defense contractor with a multi-billion dollar backlog and steady cash flow.

The company just inked a missile “mega” deal.

DALLAS, July 29, 2026 /PRNewswire/ -- Today, the U.S. government awarded Lockheed Martin (NYSE: LMT) a seven-year undefinitized contract action (UCA) modification for up to $53.86 billion for PAC-3 Missile Segment Enhancement (MSE) interceptors, supporting the Department of War's Acquisition Transformation Strategy. The award brings the total multiyear contract value to $58.62 billion, following the $4.7 billion UCA awarded in April for year one.

The U.S. ‌Army has awarded Lockheed Martin a contract worth up to $58.62 ​billion for production of ​Patriot interceptor missiles, the Department of ⁠Defense said on Wednesday, ​a record contract awarded as ​conflicts across the globe diminish U.S. weapons stockpiles.

Rocket Lab (RKLB -5.84%) is building the commercial hardware that powers the new space economy, while Lockheed Martin (LMT -1.25%) provides trusted access to critical government missions. Their rivalry reveals why space investing may not produce one clear winner and why choosing only one side could leave investors exposed to just half the opportunity.

Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.

Lockheed Martin delivered robust Q2 results, beating expectations and raising full-year guidance amid surging global defense demand. LMT's record $230.4 billion backlog, driven by replenishment contracts and strong order flow, provides multi-year revenue visibility. Management forecasts accelerating growth across all segments, with 2026 revenue guided to $79.75–$81.75 billion and EPS to $29.95–$30.65.

Lockheed Martin is upgraded to Buy, driven by missile production expansion in PAC-3, THAAD, and PrSM as key growth catalysts. Q2 was strong: revenue rose 11% to $20.1 billion, free cash flow recovered to $2.9 billion, the backlog reached a record $230 billion, and management raised the annual forecast. The MFC segment stands out with 19% revenue and 24% profit growth; management targets mid-teens CAGR and significant capital investment through 2030.

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Western defense firms are partnering with Ukrainian companies to learn from wartime production. A Ukrainian official said Western firms want to move faster and build under attack.

Our top performer in the second quarter was ICON plc, which gained 57%. Our largest detractor during the quarter was Intercontinental Exchange, which declined 21.7%. We made no major changes to the portfolio during the quarter.

The war trade has resumed in July, and earnings from two of the U.S.'s most prominent defense contractors are leading the tape. After weak Q1 reports and a tenuous Iran ceasefire, aerospace and defense stocks deepened their drawdowns as the market repriced the re-stock trade and institutional selling intensified.

Lockheed Martin delivered accelerating organic growth, a record backlog, and raised guidance, supporting my buy rating after an 8.7% stock outperformance. LMT's Q2 results featured 7% underlying sales growth, strong free cash flow recovery, and a $230 billion backlog, but margin expansion remains limited. Missiles & Fire Control is the core growth engine, with new multi-year contracts enhancing volume and profit retention, while execution risks persist in scaling production.

Lockheed Martin beat on sales and earnings yesterday, and its stock zoomed higher. Wall Street analysts lined up to raise price targets on Lockheed stock today.

Lockheed Martin (NYSE:LMT | LMT Price Prediction) reported Q2 EPS of $7.94 versus $7.199 expected, revenue of $20.06 billion, and a record $230.42 billion backlog.

Defense ETFs are gaining attention as solid Q2 earnings, rising military spending and escalating Middle East tensions strengthen the sector's outlook.

Lockheed Martin highlights record backlog, munitions growth and defense technology investments as it raises 2026 guidance.

For decades, the U.S. defense industry has followed a familiar playbook: the Pentagon identifies a need, issues a request for proposals, and contractors compete to build the winning system. According to Lockheed Martin Corp (NYSE:LMT), that model is changing.

As U.S. defence companies descended on Britain's Farnborough Airshow this week hoping to tap Europe's military spending boom, they encountered increased concern among customers about reliance on American ​suppliers.

Lockheed Martin NYSE: LMT reported what executives described as a strong second quarter of 2026, citing a record backlog, higher sales, improved earnings and a significant rebound in free cash flow. The defense contractor also raised its full-year outlook across key financial metrics, pointing to accelerating demand for munitions, F-35 aircraft, radar systems and space and missile defense programs.

Lockheed Martin Corporation (LMT) Q2 2026 Earnings Call Transcript

Lockheed Martin delivered accelerating Q2 sales growth of 11% YoY, signaling effective capacity expansion and robust demand. The company raised full-year guidance, projecting 8% sales growth and maintaining a solid segment operating margin around 10.7%. Backlog reached $230 billion with a 3.2x book-to-bill ratio, underscoring sustained demand and future revenue visibility.

Lockheed Martin exceeded all expectations for Q2 earnings. With program losses behind it, Lockheed's profits more than quintupled.

Palantir offers explosive AI-driven growth potential, but its premium valuation demands nearly flawless execution. Lockheed Martin combines dependable defense spending, dividend income, and a reasonable valuation for steadier returns.

The world's two biggest defense contractors, Lockheed Martin and RTX, said on Thursday they expect strong profits going forward because a wave of global conflicts from Iran to Ukraine has depleted Pentagon stockpiles that will need replenishing.

LMT beats Q2 earnings and sales estimates, delivers double-digit revenue growth and raises its 2026 sales and EPS outlook.

Defense prime contractors are ripping higher Thursday on beat-and-raise quarters that underscore resilient demand and record backlogs even as the broader market slides.

Jobless Claims Come in Decades Low.

While Q2 earnings are mostly robust and Jobless Claims tick near 60-year lows, pre-markets are tumbling on hostilities in the Middle East.

Defense primes are ripping higher Thursday morning even as the broader market sags.

While the top- and bottom-line numbers for Lockheed (LMT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

U.S. stocks were lower, with the Dow Jones index dipping around 450 points on Thursday.

Two of America's top war stocks – Lockheed Martin (NYSE: LMT) and RTX Corporation (NYSE: RTX) – enjoyed a particularly strong market open on Thursday, July 23.

Diane King Hall touches on the top earnings moving markets after Thursday's opening bell. RTX Corp. (RTX) and Lockheed Martin (LMT) added muscle to the defense trade while Southwest Airlines (LUV) and American Airlines (AAL) fell following their reports and added fuel pressures.

Lockheed Martin (LMT) came out with quarterly earnings of $7.94 per share, beating the Zacks Consensus Estimate of $7.22 per share. This compares to earnings of $7.29 per share a year ago.

Lockheed Martin and RTX both rose more than 5% before the market open. Their stocks are taking very different directions.