Lockheed Martin announced it received a roughly $5 billion contract from the U.S. Army for providing Precision Strike ...

The PrSM has been designed for the U.S. Army to attack, neutralize, suppress, and destroy enemy targets (see image above). A ...

Australia has taken delivery of its first two HIMARS launchers and put them on public display at the Avalon Australian ...

Lockheed Martin has received an indefinite delivery indefinite quantity contract potentially worth $4.94bn from the US Army ...

The Ukraine war and increased European defence spending are likely to slow Australia's plans to develop its own missile ...

A Lockheed Martin-built HIMARS fires the Precision Strike Missile (PrSM) during a U.S. Army flight test in 2019. According to Lockheed, the PrSM has a range beyond 499 kilometers, or 310 miles ...

The U.S. Army has awarded Lockheed Martin an indefinite delivery indefinite quantity (IDIQ) contract worth up to $4.94 ...

On a more positive note, Lockheed Martin stands to benefit from increasing demand for missile systems such as PAC-3, HIMARS, JASSM, and LRASM. The company’s strong position in this segment could ...

Shares of Lockheed Martin have declined this year amid a mixed financial outlook for 2025. Despite some supply chain disruptions, the company continues to capitalize on strong demand. Solid ...

The latest trading session saw Lockheed Martin (LMT) ending at $470.55, denoting a +0.27% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 1.08%. Elsewhere ...