Cubic Defense Secures Follow-On Contract from Lockheed Martin
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy LMT?
Source: Yahoo Finance
- Contract Value and Delivery: Cubic Defense has secured a follow-on contract from Lockheed Martin to deliver 140 P5 Internal Subsystems (IS) units for F-35 Lot 21 production aircraft, reinforcing its position in the defense training market.
- Training System Innovation: The P5 capability enables seamless training between 4th and 5th generation aircraft during live flight events, ensuring the security of critical tactics, techniques, and procedures (TTP), thereby enhancing operational readiness and effectiveness for U.S. and allied forces.
- Global Network Support: Cubic's P5 Combat Training System (P5CTS) captures, transmits, and analyzes high-fidelity training data across a globally connected network, supporting real-time and post-mission insights at over 30 ranges, driving continuous improvement in tactics, techniques, and procedures.
- Strategic Partnerships: Cubic collaborates with principal subcontractor Leonardo DRS to support all contractor activities related to the Lockheed Martin F-35 training program, further enhancing its adaptability and combat effectiveness in multi-domain operational environments.
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Analyst Views on LMT
Wall Street analysts forecast LMT stock price to rise
12 Analyst Rating
4 Buy
7 Hold
1 Sell
Hold
Current: 512.410
Low
430.00
Averages
535.50
High
605.00
Current: 512.410
Low
430.00
Averages
535.50
High
605.00
About LMT
Lockheed Martin Corporation is a global aerospace and defense company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Its segments include Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft. MFC segment provides air and missile defense systems, manned and unmanned ground vehicles, energy management solutions, and others. RMS segment designs, manufactures, services and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, and others. Its Space segment is engaged in the research and design, development, engineering and production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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