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Lockheed Martin (LMT) stock is up almost 30% on a year-to-date (YTD) basis.
Lockheed Martin reported a record order backlog of $193.6 billion, up 10% year-over-year.
KEY POINTS
- Management projects 2026 earnings growth of about 39% year-over-year at the midpoint of guidance.
- Lockheed's VISTA training jet completed over 17 hours of AI-controlled flight maneuvers.
- The Skunk Works division is developing Collaborative Combat Aircraft, unmanned drones to fly with human pilots.
- Lockheed is investing in the Mako hypersonic missile, designed to exceed Mach 5 and penetrate advanced defenses.
COMPANIES
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