Lockheed Martin Secures Navy Missile Integration Contract
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 21 2026
0mins
Should l Buy LMT?
Source: Newsfilter
Lockheed Martin's stock fell 3.00% and hit a 20-day low amid strong gains in the broader market, with the Nasdaq-100 up 1.35% and the S&P 500 up 0.85%.
The company has secured a contract to integrate the Patriot missile into the U.S. Navy's Aegis combat system, marking a significant enhancement in naval missile defense capabilities. This contract addresses concerns over hypersonic threats from China and will triple production of the Patriot missile over the next seven years, reflecting surging demand for advanced missile systems. This strategic move solidifies Lockheed Martin's leadership in the missile defense market.
The integration of the Patriot missile into naval systems represents a long-term strategic positioning for Lockheed Martin, enhancing its competitive edge in defense contracts. Despite the stock's decline, the contract signifies a robust future for the company in the defense sector.
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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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- Countering Chinese Pressure: The U.S. State Department stated that further delays in funding are viewed as a concession to the Chinese Communist Party, despite ongoing support for Taiwan's acquisition of critical defense capabilities, reflecting the U.S.'s commitment to Taiwan's defense.
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