New Risk • Aug 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Peruvian stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (191% net debt to equity). Share price has been volatile over the past 3 months (5.4% average weekly change). 공고 • Aug 11
Lockheed Martin Launches Strigo Modular Defense Solutions and Advances Product Pipeline Lockheed Martin announced the launch of Strigo – a new set of modular defense solutions that includes radio-frequency sensors, missile datalinks and missile seeker technologies built on a common baseline. Leveraging common architectures, Strigo solutions can be reconfigured quickly for a range of missions, from air defense to missile defense to air-to-surface engagements and beyond. Within the Strigo Product Center, Lockheed Martin conducts proactive research to develop and produce new RF sensor and missile technologies before a requirement is even formalized – ensuring the hardware is available at the pace of evolving threats. Established less than two years ago, the Strigo Product Center has already advanced multiple concepts from initial design through successful testing, demonstrating a faster path from innovation to operational capability. Specifically, technologies developed through Lockheed Martin's Strigo family of solutions have informed aspects of the PrSM Increment 2 seeker package. The Strigo Product Center enables concepts to move from sketch to tested solution in months, not years, accelerating delivery of critical capabilities to warfighters. The Strigo Product Center delivers solutions that can be rapidly adapted to counter emerging threats, helping America and its allies maintain a decisive advantage on the battlefield. Lockheed Martin has committed $250 million to date to the Strigo Product Center. This investment fuels proactive innovation that stays ahead of customer requirements while leveraging modular architectures to lower lifecycle costs and guarantee long-term sustainment. Lockheed Martin will continue to invest in new RF sensor, missile seeker and missile datalink technologies to accelerate today's munitions acceleration efforts while laying the foundation for the next generation of U.S. military capabilities. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$586, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 27x in the Aerospace & Defense industry globally. Simply Wall St's valuation model estimates the intrinsic value at US$666 per share. 공고 • Jul 25
Lockheed Martin Corporation Raises Earnings Guidance for the Full Year 2026 Lockheed Martin Corporation raised earnings guidance for the full year 2026. For the period, the company now expects total sales of $79.75 billion to $81.75 billion, representing an 8% year-over-year increase at the midpoint, up from the prior 5% guidance. This uplift is driven primarily by higher volume on F-35 production in aero, radars and RMS. Earnings per share is now projected at $29.95 to $30.65, driven by higher year-to-date profits and lower effective tax rate. 공고 • Jul 24
Lockheed Martin Corporation announces Quarterly dividend, payable on September 25, 2026 Lockheed Martin Corporation announced Quarterly dividend of USD 3.4500 per share payable on September 25, 2026, ex-date on September 01, 2026 and record date on September 01, 2026. Reported Earnings • Jul 24
Second quarter 2026 earnings released: EPS: US$7.98 (vs US$1.47 in 2Q 2025) Second quarter 2026 results: EPS: US$7.98 (up from US$1.47 in 2Q 2025). Revenue: US$20.1b (up 11% from 2Q 2025). Net income: US$1.84b (up 437% from 2Q 2025). Profit margin: 9.2% (up from 1.9% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Aerospace & Defense industry. Buy Or Sell Opportunity • Jul 15
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at US$521. The fair value is estimated to be US$653, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. 공고 • Jul 07
Lockheed Martin Corporation And Rheinmetall AG Move Forward With ATACMS Co-Production In Europe Lockheed Martin Corporation announced the signing of a memorandum of understanding that addresses the immediate demand for locally produced munitions in Europe. With the support of the United States and German governments, the agreement marks the next step toward establishing a joint venture to create the first European centre of excellence for the manufacturing, integration and distribution of ATACMS across NATO and allied European forces. By co-producing ATACMS missiles on European soil, the partnership supports local capability, increases allied deterrence and contributes to economies on both sides of the Atlantic. Lockheed Martin Corporation will continue operating its current production line in Camden, Arkansas until transition is complete. Rheinmetall AG is establishing the industrial base in Germany for modern defence systems, which are in great demand by the armed forces of Europe. By establishing ATACMS production at Rheinmetall AG's Unterluess site, new capabilities for Germany and Europe are being created, supplies for customers are being secured and autonomy in defence policy is being strengthened. Rheinmetall AG's Unterluess facility is one of the company's most important sites. A total of about 4,000 employees work there. Its core competencies include the production of weapon systems and ammunition, as well as the development, manufacture, and maintenance of tracked vehicles. Unterluess is the privately owned firing range in Europe. Last year, the "Werk Niedersachsen"—one of the most modern production facilities for artillery ammunition—was put into operation. A rocket motor factory is currently nearing completion. Production of rocket motors and guided missile components is scheduled to begin as early as 2027. 공고 • Jul 02
Lockheed Martin Corporation to Report Q2, 2026 Results on Jul 23, 2026 Lockheed Martin Corporation announced that they will report Q2, 2026 results Pre-Market on Jul 23, 2026 공고 • Jun 04
Lockheed Martin Demonstrates First-Ever Sanctum C-UAS Launch From GRIZZLY Containerized Launcher Lockheed Martin successfully intercepted a Group 3 one-way attack test drone using a Joint-Air-to-Ground Missile (JAGM) launched from a GRIZZLY containerized launcher for the first time. Sanctum Counter-Unmanned Aerial System (C-UAS) battle manager and Fortem R-40 Radars were used for the successful detection, tracking and engagement of the drone target. Sanctum's sensors detected and tracked a hostile Unmanned Aerial Vehicle (UAV), the Sanctum mission management software processed the engagement, and the GRIZZLY launcher fired a JAGM missile neutralizing the target. With integration of hardware-in-the-loop and live-fire testing completed in under 45 days, this event highlights Lockheed Martin's ability to demonstrate an end-to-end solution with speed, agility and affordability. Built on existing prototype architecture, GRIZZLY enables users to employ the ready-to-fire Sanctum C-UAS system without extensive infrastructure and logistical footprints. By integrating advanced sensor, battle management and missile technologies, Lockheed Martin delivers a decisive C-UAS capability that aligns with customers' needs for agile and distributed lethality. Scalable Detection & Deployment: Small footprint radar sites with distributed sensors offer configurable coverage options. Containerized launcher can be mounted on ground sites or maritime platforms, supporting distributed operations with minimal logistical footprint. Distributed Connectivity: Wireless communication solution between radars, battle management and launcher allows for rapid and agile deployment. Affordable Lethality: Low-cost, commercial sensors, toolless reload and eight-round capacity reduces sustainment expenses while maintaining high-volume firepower. End-to-End Multi-Mission Capability: Radar, battle management, proven-weapon container and existing layered effectors integrated through Sanctum C-UAS Battle Management software for a complete kill web against group 1-4 UAV threats. This integration will protect forward operating bases, critical assets and maritime platforms. JAGM Layered Defense: JAGM's dual-mode seeker (SAL/MMW), combined with its C-UAS capability, provides a cost-effective effector that can be rapidly deployed from a multi-missile launcher across a variety of domains, providing enhanced layered defense to protect high-value assets. 공고 • May 15
Lockheed Martin Corporation Declares Quarterly Dividend for the Second Quarter of 2026, Payable on June 26, 2026 The Lockheed Martin Corporation board of directors has authorized a second quarter 2026 dividend of $3.45 per share. The dividend is payable on June 26, 2026, to holders of record as of the close of business on June 1, 2026. 공고 • May 08
Lockheed Martin Corporation Announces Executive Changes Lockheed Martin announced that Aeronautics President Greg Ulmer has decided to retire after more than 30 years of service to the company. Effective June 1, Orlando Sanchez, Jr. (OJ) will become the new president of Aeronautics, a $30 billion business with more than 35,000 people.From his beginnings as a flight test engineer and his work across all of Lockheed Martin's major aircraft programs to his leadership delivering key advancements in the Aeronautics portfolio, Ulmer served in a variety of critical roles across the company.Sanchez joined Lockheed Martin in 2014 following a successful career as an Air Force officer and F-22 combat fighter pilot. He most recently led Skunk Works® the proven center of innovation and delivery of some of the most impactful weapons systems in nation's inventory. Ulmer will serve as a strategic advisor to support a smooth transition. 공고 • May 07
Nokia Federal Solutions and Lockheed Martin Launch Modular Open-Architecture 5G Solution for U.S. and Allied Defense Forces Nokia Federal Solutions, the U.S. government-focused arm of Nokia, and Lockheed Martin announced the launch of a new modular, open-architecture 5G solution built for the U.S. and allied defense forces. The capability is designed to deliver secure, resilient communications at the point of need. It enables military vehicles and platforms to use commercial-grade 5G in operational environments, aligned to the Department of War open architecture standards and its commercial-first strategy. The new solution integrates Nokia’s carrier-grade 5G within the Department of War’s open architecture framework, utilizing the Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, Reconnaissance (C5ISR)/Modular Open Suite of Standards (CMOSS). By aligning to CMOSS hardware and software module specifications, this plug-and-play architecture reduces complexity and accelerates integration across vehicle and expeditionary systems, improves interoperability, and enables new capabilities to be introduced and updated without disrupting existing platforms. By combining Nokia’s commercial 5G technologies with Lockheed Martin’s 5G.MIL solutions, the companies are delivering a hybrid network that allows mission-critical systems to connect with high-speed, cost-effective, commercially driven 5G while maintaining the security and resilience required by defense forces. As NATO nations increasingly integrate 5G into their mission systems, this CMOSS-aligned approach provides an additional pathway to incorporate commercial-grade 5G into allied platforms using a standardized, modular framework also outside of the U.S. This announcement represents a key follow-on milestone from the Nokia and Lockheed Martin collaboration first announced in 2025, which introduced the initial integration of Nokia’s industry-leading, military-grade 5G solutions with Lockheed Martin’s Hybrid Base Station. Together, the companies are moving beyond integration demonstrations to deliver a field-ready, modular 5G capability aligned with Department of War open architecture standards and deployable across military vehicles and platforms. The CMOSS standard is developed and maintained by the U.S. Army Combat Capabilities Development Command. Through this new solution, Nokia Federal and Lockheed Martin are moving standards-based 5G from concept to deployable reality. The collaboration reflects a shared focus on delivering practical, mission-ready technology that can be integrated quickly and evolve alongside operational requirements. Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: US$6.47 (vs US$7.30 in 1Q 2025) First quarter 2026 results: EPS: US$6.47 (down from US$7.30 in 1Q 2025). Revenue: US$18.0b (flat on 1Q 2025). Net income: US$1.49b (down 13% from 1Q 2025). Profit margin: 8.3% (down from 9.5% in 1Q 2025). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Aerospace & Defense industry.