Tag
lockheed martin
5 articles
Lockheed Martin's $292B Backlog and Raised Guidance Confirm Buy
LMT exceeded Q3 estimates, raised 2026 sales and free cash flow targets, and secured multiyear fighter and missile contracts—setting up 18+ months of visible earnings growth.
Boeing Lands $14.7B PAC-3 Seeker Deal, Triples Production Through 2033
Boeing secures seven-year framework agreement with Lockheed Martin to scale advanced air defense components, backed by $200M in Alabama facility expansion.
L3Harris Secures $6 Billion THAAD Propulsion Contract, Quadruples Capacity
L3Harris Technologies received an undefinitized contract from Lockheed Martin valued at more than $6 billion to expand production for the Terminal High Altitude Area Defense system.
Lockheed Martin Q3 Margins Face Headwind as Risk Retirements Decline
CFO warns program risk retirements will be lower in Q3 than Q2, creating quarterly margin pressure despite raised 2026 guidance and a $230 billion record backlog

Lockheed Martin, Raytheon Are Core Holdings as Defense Budgets Hit Record Highs
Escalating geopolitical tensions and a $886 billion Pentagon budget request drive record order backlogs for prime defense contractors.