Lockheed Martin Corporation

LMT

US5398301094

Aerospace & Defense

Market Closed - Nyse Other stock markets 23:00:02 13/03/2026 +03			5-day change	1st Jan Change
646.00 ^USD	-1.05%		-3.84%	+33.56%

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Lockheed Martin Secures $1.9 Billion Air Force Contract

Published on 03/04/2026 at 02:47 am +03

Dow Jones

LOCKHEED MARTIN CORPORATION

-1.05%

By Kelly Cloonan

Lockheed Martin received a $1.9 billion contract with the U.S. Air Force to continue providing training products and services.

The Defense Department said Tuesday the indefinite delivery, indefinite quantity contract is for the C-130J Maintenance and Training System IV, a program that has long employed Lockheed Martin's services.

The contract consists of one five-year base ordering period and one five-year option period, with an additional three years for the completion of all deliveries, the Defense Department said.

Work will be performed across bases in a number of U.S. states, as well as Germany and Japan. It is expected to be completed by Feb. 28, 2039.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

03-03-26 1846ET

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Chart Lockheed Martin Corporation

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Company Profile

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

More about the company