Lockheed Martin GPS III SV09 Successfully Launched to Enhance Capabilities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Successful Launch: Lockheed Martin's ninth GPS III satellite, SV09, was successfully launched on January 28, 2026, at 11:53 PM from Cape Canaveral, Florida, underscoring the company's ongoing innovation and leadership in global navigation.
- Enhanced Security: The SV09 satellite features advanced security and anti-jamming capabilities, delivering three times better accuracy and eight times improved anti-jamming performance, ensuring reliable navigation and timing support for military missions in contested environments, thereby bolstering national security.
- Constellation Resilience: This launch enhances the resilience of the GPS constellation, with upcoming GPS IIIF satellites expected to provide 60 times more anti-jam capabilities, ensuring precise navigation services in competitive environments to meet both military and civilian needs.
- Future Development: Equipped with a laser retroreflector array to improve Earth's orientation measurements for the GPS coordinate system, SV09's launch is part of Lockheed Martin's broader strategy, having completed production of GPS III SV01-SV10 satellites and currently manufacturing next-generation GPS IIIF satellites to maintain global coverage.
Analyst Views on LMT
Wall Street analysts forecast LMT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LMT is 535.50 USD with a low forecast of 430.00 USD and a high forecast of 605.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
4 Buy
7 Hold
1 Sell
Hold
Current: 581.660
Low
430.00
Averages
535.50
High
605.00
Current: 581.660
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.
