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Should You Buy Lockheed Martin After Its Strong Q2 Earnings Rally?
Insider Monkey59d agobullish
Should You Buy Lockheed Martin After Its Strong Q2 Earnings Rally?

Global defense spending is entering a historic expansion phase, driven by geopolitical flashpoints from Ukraine to the Indo‑Pacific and record Pentagon budgets. NATO allies are racing to meet or exceed 2% of GDP defense commitments, while the U.S. has proposed a $1.5 trillion military budget for FY2027. Against this backdrop of rising military allocations and […]

Lockheed Martin (LMT) Is Building Weapons Before Pentagon Orders Arrive
Simply Wall St.59d agoneutral
Lockheed Martin (LMT) Is Building Weapons Before Pentagon Orders Arrive

Lockheed Martin is advancing new weapons platforms before formal Pentagon contracts, emphasizing rapid prototyping and faster testing cycles. The company is expanding international production, investing in new factories and automation to support expected demand from the U.S. and allied defense customers. Recent efforts include moving quickly on the Sanctum counter-drone system and executing on a $35b THAAD interceptor production contract. Lockheed Martin, trading on the NYSE under ticker...

Lockheed Isn't Waiting For Pentagon Orders Anymore
Benzinga61d agoneutral
Lockheed Isn't Waiting For Pentagon Orders Anymore

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, that model is changing. Lockheed Martin...

Exclusive-Defense tech company Anduril in talks to raise funding at about $100 billion valuation
Reuters62d agoneutral
Exclusive-Defense tech company Anduril in talks to raise funding at about $100 billion valuation

NEW YORK, July 24 (Reuters) - Defense tech firm Anduril is in discussions with investors for a new funding round that could see ‌it valued at roughly $100 billion, rivaling companies such as Northrop Grumman and Lockheed Martin, ‌two sources familiar with the matter told Reuters. The funding round and the valuations, reported here for the first time, ​are still fluid, the sources said.

Lockheed Martin Says Record Backlog Will Fuel Sales Growth 'for Years to Come'
Benzinga62d agoneutral
Lockheed Martin Says Record Backlog Will Fuel Sales Growth 'for Years to Come'

Lockheed Martin Corp. (NYSE:LMT) reported stronger-than-expected second-quarter results on Thursday, driven by higher sales and earnings, and ended the quarter with a record backlog of $230 billion. The backlog, the largest in the company’s history, increased by about $64 billion from a year earlier. During the quarter, Lockheed secured several major defense awards, including a $35 billion Terminal High Altitude Area Defense (THAAD) interceptor contract and a $3 billion Guided Multiple Launch Ro