Lockheed Martin's Strategic Response: After losing a contract to Boeing for the F-47 fighter, Lockheed Martin is enhancing the F-35 with sixth-generation technology to offer 80% of the F-47's capabilities at half the cost, as stated by CEO Jim Taiclet.
Potential Pentagon Engagement: Taiclet indicated that discussions with the White House regarding the F-35 upgrades could occur soon, emphasizing the integration of advanced stealth and next-generation engines into the existing platform.
Cost-Effective Upgrade Plans: The Department of Defense may upgrade 1,000 to 1,500 of the 2,300 F-35 jets ordered, which could result in significant savings compared to Boeing's F-47, expected to be operational by 2029.
Market Performance and Partnerships: Lockheed's Skunk Works division is collaborating with BAE Systems on autonomous air systems, while aerospace ETFs showed mixed performance, reflecting the current market dynamics in the defense sector.
Wall Street analysts forecast XAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XAR is USD with a low forecast of USD and a high forecast of 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.
0 Analyst Rating
Wall Street analysts forecast XAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XAR is USD with a low forecast of USD and a high forecast of 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.
0 Buy
0 Hold
0 Sell
Current: 285.440
Low
Averages
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Current: 285.440
Low
Averages
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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.
