Lockheed Martin company headlines, earnings, strategy, leadership, and market-moving business updates.
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The defense contractor says it is funding development of a Modular Payload Delivery System that repackages proven hypersonic missile technologies into a flexible framework for offensive and defensive missions, aiming to reduce non-recurring engineering and shorten timelines for new payloads.
THE APEX TIMES
THE APEX TIMES
The defense contractor said its Strigo lineup brings radio-frequency sensors, missile datalinks and seeker technologies under a common modular approach, positioning the company to adapt quickly as customer needs evolve.
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The defense contractor reported that a static-fire test for the Next Generation Interceptor’s Stage 2 motor completed successfully in a high-vacuum chamber that simulates key flight conditions.
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The company says a static-fire test of the Next Generation Interceptor program’s Stage 2 motor validated key performance expectations and moves the project toward its next design milestone.
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The defense contractor says the new Strigo™ lineup will combine radio-frequency sensors, missile datalinks and seeker technologies on a shared baseline, while a new product center is designed to shorten the concept-to-delivery cycle.
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The deal is aimed at creating an Australian-led capability to integrate combat systems for the country’s planned Virginia-class nuclear-powered submarines under AUKUS, with U.S. subject-matter support and an industry supply-chain assessment.
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A Raytheon milestone to begin testing of the Navy’s SPY-6(V)4 radar array adds to a running debate about how investors price long-cycle defense programs, and how much weight they give to near-term execution versus future contract wins.
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A new round of Wall Street price-target increases is pointing to modest upside for Lockheed Martin after its latest quarterly update and updated modeling assumptions.
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A joint set of test activities described by Yahoo Finance says Lockheed Martin’s Skunk Works, the U.S. Air Force Test Pilot School, and partners used an AI agent to run 27 autonomous air intercepts with real-time sensor data on the X-62 VISTA platform.
