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/PRNewswire/ -- On April 15, the Missile Defense Agency selected Lockheed Martin [NYSE: LMT] to deliver the nation's new homeland missile defense capability,...
The win represents a boost for Lockheed after the U.S. said it would reduce F-35 orders and the Army said it was abandoning a next-generation helicopter.
Lockheed Martin Corp. beat rival Northrop Grumman Corp. in a $17 billion contest to continue development and eventual production of a new warhead to replace the current ones used on US missile interceptors in California and Alaska.
Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the United States against an intercontinental ballistic missile attack, two industry sources briefed on the matter told Reuters. The win represents a shot in the arm for Lockheed after the U.S. said it would start reducing F-35 orders and the Army said in February that it was abandoning development of a Future Attack Reconnaissance Aircraft, a next-generation helicopter for which Lockheed had submitted a design. The multi-year contract will be awarded as soon as Monday by the U.S. Missile Defense Agency, which is developing the Next Generation Interceptor (NGI) to modernize the current Ground-Based Midcourse Defense program, a network of radars, anti-ballistic missiles and other equipment designed to protect the United States from intercontinental ballistic missiles.
Lockheed Martin receives upgrade from JPMorgan, $4.1 billion missile contract. Defense stocks rise after Iran attacks Israel.
The world’s costliest weapons program, Lockheed Martin Corp.’s F-35 fighter jet, is getting even more expensive, according to a government watchdog.
Lockheed Martin may be due for a short-term bounce as tensions flare in the Middle East, the bank said on Monday.
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Our economy may not be projected to maintain strength, but these stocks to buy on potential market dips will ensure strong portfolio growth.
Companies in the military-industrial complex will be in the spotlight this week as geopolitical risks rise and as the US Congress prepares a vote on Biden’s supplemental package for Israel, Taiwan, and Ukraine. BAE Systems, Lockheed Martin, and RTX stocks are rising In the UK, BAE Systems (LON: BA) share price has surged and is […]
The contract will aim at developing and upgrading the Command and Control, Battle Management and Communications (C2BMC)-Next system. The ordering period of the contract is from May 1, 2024 through April 30, 2029, with an option to extend through April 30, 2034.
Lockheed Martin said on Thursday it had won a contract worth up to $4.1 billion from the U.S. government's Missile Defense Agency to continue the development of its battle command system. The contract will aim at developing and upgrading the Command and Control, Battle Management and Communications (C2BMC)-Next system. The ordering period of the contract is from May 1, 2024 through April 30, 2029, with an option to extend through April 30, 2034.
Defense stocks slip on multi-year delays to critical Navy shipbuilding programs following reports.
Pro-Palestinian protesters outside of Lockheed Martin in Sunnyvale shared video of a man pulling out a knife.
Shares of Intuitive Machines (LUNR) stock are trending this morning after the company obtained a contract from NASA.
Why LOCKHEED MARTIN CORP (NYSE:LMT) is a Top Pick for Dividend Investors.