Lockheed Martin News Roundup (Oct 1–10, 2025): Defense Giant Navigates New Contracts, Space Ambitions, and Market Momentum
Lockheed Martin and the Pentagon finalized a $24.3 billion contract for 296 F-35 jets after two years of talks. The U.S. Army completed soldier-led flight tests of Lockheed’s new Precision Strike Missile from both HIMARS and MLRS launchers. NASA and Lockheed’s Skunk Works advanced the X-59 QueSST supersonic demonstrator toward a first flight by year-end. A U.S. government shutdown began Oct. 1, halting NASA but not Pentagon operations.