Lockheed Martin Corporation (NYSE:LMT) Shares Lag Missile Demand Surge as Focus Turns to Cash Conversion

Lockheed Martin starts Monday with an all-time high backlog for the second quarter and has secured a fresh missile contract valued at as much as $58.6 billion. However, its stock rose just 0.9% last week. U.S. cash markets did not open on Sunday.

B-2 tests LRASM as anti-ship missile demand rises

B-2 tests LRASM as anti-ship missile demand rises

B-2 Spirit, built by Northrop Grumman, launched a Lockheed Martin AGM-158C Long Range Anti-Ship Missile in a Pacific live-fire sinking drill. It's the first time the stealth bomber has been put on the public LRASM platform list. The move may let investors gauge missile demand better than a one-off test. Pacific Air Forces said the B-2 dropped the LRASM north of the Mariana Islands. Air Force images show the missile being loaded at Whiteman Air Force Base on June 22 and fired over the Philippine Sea on June 27.
Lockheed Martin Gets Golden Dome Shot as $3.2 Billion Space Shield Race Opens

Lockheed Martin Gets Golden Dome Shot as $3.2 Billion Space Shield Race Opens

Lockheed Martin Corporation now joins the latest wave of Washington’s Golden Dome missile-defense initiative. The U.S. Space Force has listed the company among those eligible for prototype contracts totaling up to $3.2 billion. The project focuses on developing space-based interceptors—orbital weapons meant to target missiles earlier in their flight—with a first demonstration set for 2028.
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