Lockheed Martin Corporation

LMT

US5398301094

Aerospace & Defense

Market Closed - NYSE Other stock markets 23:00:02 13/07/2026 +03			After hours 03:00:00
520.68 ^USD	-0.49%		520.32	-0.07%

07-13	Goldman Sachs Adjusts Lockheed Martin Price Target to $487 From $511, Maintains Sell Rating	MT
07-13	TD Cowen Adjusts Price Target on Lockheed Martin to $560 From $600, Maintains Hold Rating	MT

Lockheed Martin Gets $514.4 Million Contract Modification From U.S. Air Force

Published on 06/12/2026 at 12:39 am +03

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LOCKHEED MARTIN CORPORATION

-0.49%

Doc Louallen

Lockheed Martin's space unit received a $514.4 million modification to an existing contract with the U.S. Air Force.

The Defense Department said Thursday the modification is for the production of Space Vehicles 23 and 24 made by Lockheed. The change increases the total face value of the contract to $4.68 billion.

Work under the contract will be performed in Littleton, Colo. It is expected to be completed Nov. 30, 2032.

The contract modification comes from the Defense Department's fiscal 2026 procurement funds.

Write to Doc Louallen at Doc.Louallen@wsj.com

(END) Dow Jones Newswires

06-11-26 1939ET

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Latest news about Lockheed Martin Corporation

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Chart Lockheed Martin Corporation

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Lockheed Martin Corporation specializes in the design, manufacturing and marketing of aeronautic, submarine, and aerospace systems. Net sales break down by activity as follows: - sale of aeronautic systems (40.3%): military and civilian aircraft, primarily for government organizations; - sale of helicopters, mission and electronic systems (23.1%): military and commercial helicopters, ships, sea and land-based missile defense systems, radars, sensors, sea and air-based mission and combat systems, training systems, cyber solutions, command, control and communication systems, surveillance and reconnaissance systems, simulation and training systems, etc.; - sale of air defense and fire control systems (19.3%): air and missile defense systems, tactical missiles, precision strike weapons systems, fire control systems, etc. The group also offers support services for mission operations, preparation, technical support, integration services, etc.; - sales of aerospace systems (17.3%): satellite systems, missile systems and space transport systems. Net sales break down by source of income into sales of products (83.4%) and services (16.6%). Net sales are distributed geographically as follows: the United States (71.6%), Europe (11.7%), Asia/Pacific (10.4%), the Middle East (3.8%) and other (2.5%).

Employees

123,000

Sector

Aerospace & Defense

Calendar

Earnings release - Q2 2026

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