Lockheed Martin

TROY – October 29, 2026 -- Lockheed Martin (NYSE: LMT) has won a $694 million U.S. Air Force contract to produce the Air-Launched Rapid Response Weapon (ARRW), a hypersonic missile integrated on the B-52 bomber.

The award follows years of joint development and testing between the company and the Air Force. ARRW is designed to travel at more than Mach 5 and engage targets from significant standoff ranges.

Lockheed Martin breaks ground on 47,000-square-foot ARRW production expansion in Alabama

The company began construction on an expansion of Building P-20 in Troy, Alabama, the same day. The addition of 47,000 square feet of production space will triple the facility's current production area. Lockheed Martin expects the project to create new jobs over the next four years, on top of almost 4,000 employees it already has in Alabama. The workforce will build ARRW using advanced manufacturing, robotics and digital technologies.

Tucson – October 19, 2026 -- The U.S. Army has awarded the Javelin Joint Venture (JJV), a partnership between Raytheon, an RTX business, and Lockheed Martin, a $215 million production contract for the Lightweight Command Launch Unit (LWCLU), the next-generation launcher for the Javelin weapon system.

The LWCLU replaces the legacy command launch unit. The award follows by five months the JJV's delivery of the first LWCLUs to the Army.

New launcher is 30% smaller and 25% lighter than the Block I unit

Compared with the current Block I Command Launch Unit, the LWCLU is 30% smaller and 25% lighter. It also doubles target detection and recognition. The unit is built to give soldiers maximum surveillance and offers day and night engagement capability.

The launcher is designed to be compatible with all current, past and future Javelin variants.

Marietta – October 16, 2026 -- Lockheed Martin (NYSE:LMT) delivered the first C-130J-30 Super Hercules for the U.S. Navy's Take Charge and Move Out (TACAMO) mission on Oct. 15 at its Marietta, Georgia, facility. The aircraft will be modified into the E-130J Phoenix II, the Navy's next-generation airborne nuclear command-and-control platform.

Northrop Grumman to complete the E-130J conversion as mission systems integrator

The airframe will be transferred to Northrop Grumman, the mission systems integrator. The E-130J TACAMO industry team will then complete the conversion before the aircraft enters service as the E-130J Phoenix II.

Capt. Roger Davis, program manager for Airborne Strategic Command, Control and Communications (PMA-271), said the Navy now moves into mission systems integration. He described the delivered airframe as the structural and performance backbone for the mission.

Dallas – October 15, 2026 -- Lockheed Martin plans to create 6,000 jobs across the United States, including 2,000 in Texas, as it expands advanced manufacturing capacity for critical munitions. The company is investing $300 million at its Grand Prairie, Texas, operation and growing the site's footprint to more than 735,000 square feet.

Grand Prairie expansion adds 100,000 square feet of new space

The build-out includes 100,000 square feet of new space and 85,000 square feet of office space being converted for advanced manufacturing. The added room will support automation, digital manufacturing and high-precision machining.

Vancouver – October 15, 2026 -- The Nasdaq Composite dropped 449 points, or 1.65%, to 26,755.24 midweek, extending its weekly loss to 2.23% and leaving every major U.S. index in the red for the week.

Small caps show deepest stress as Russell 2000 RSI falls to 28.3

The Russell 2000 fell 1.70% and carries a Relative Strength Index of 28.3, a deeply oversold reading. The S&P 500 lost 1.10% on the day and 1.18% for the week. The Dow fell 0.29%.

The S&P 500 sits just above its 50-day simple moving average support of 7,707.03. The Dow trades near its 20-day SMA support around 51,489.97.

The VIX rose 0.95 points to 16.22 and the VXN climbed to 21.14. Both stayed within recent weekly ranges, so the selloff has not yet triggered panic-level hedging.

New York – October 13, 2026 -- Raytheon, an RTX business, secured a contract worth up to $6.3 billion for Standard Missile-3 Block IB interceptors, as large-cap indexes closed last week near record levels while the Russell 2000 fell 0.91% to 2,806.98.

S&P 500 closes 0.3% below its 52-week high as Nasdaq adds 0.64%

The S&P 500 gained 1.15% on the week to 7,811.54, just short of its 52-week high of 7,844.52, which it reached as its weekly high. Support sits near 7,793.68. The Nasdaq Composite rose 0.64% to 27,366.17 after hitting a 52-week high of 27,722.75 during the week, with support at 27,288.79.

The Dow Jones Industrial Average climbed 0.93% to 51,654.95, trading between 50,862.85 and 51,765.11. It now sits just above the early June 2026 high of 51,660.40, which acts as near-term resistance.

Huntsville, Ala. – October 05, 2026 -- Boeing has been awarded an undefinitized contract action worth approximately $14.7 billion by Lockheed Martin to scale production and deliver PAC-3 Missile Segment Enhancement (MSE) seekers.

Contract triples seeker output under seven-year framework

The award formalizes a seven-year framework agreement with the U.S. Department of War, enabling Boeing to triple its production of PAC-3 MSE seekers. The seekers power the most advanced Patriot interceptors, allowing them to identify, track and engage threats ranging from hostile aircraft to hypersonic, ballistic and cruise missiles.

Production surge aligns with Pentagon's Acquisition Transformation Strategy

The increased output is designed to support the Department of War's Acquisition Transformation Strategy and bolster the U.S. Arsenal of Freedom initiative, which aims to accelerate delivery of critical defense capabilities to service members.

Rovaniemi, Finland – October 01, 2026 -- Finland has taken delivery of its first two permanently based F-35A fighter jets, bringing the total number of aircraft received under its order to 10 of 64 units. Lockheed Martin (NYSE: LMT) joined the Finnish Air Force for the arrival ceremony, which drew senior Finnish government and military officials alongside U.S. and allied representatives.

Finland now operates 10 of 64 contracted F-35A jets

Eight of the ten delivered aircraft remain temporarily stationed at Ebbing Air National Guard Base in Arkansas, where Finnish pilots and maintainers are completing training ahead of the fleet's full introduction into national service. The two aircraft that landed in Finland mark the start of permanent domestic basing for the 5th Generation platform.

Palmdale, Calif. – October 01, 2026 -- The U.S. Navy has doubled its fleet capacity to operate the MQ-25A Stingray unmanned aircraft system over a five-month period, standing up a second operational MD-5C Ground Control Station powered by Lockheed Martin's Skunk Works MDCX autonomy platform.

USS Ronald Reagan joins USS Theodore Roosevelt as second carrier ready to fly the Stingray

USS Theodore Roosevelt (CVN 71) received the first operational MD-5C in March 2026, followed by USS Ronald Reagan (CVN 76) in August 2026. The MD-5C, installed in the Unmanned Air Warfare Center aboard each carrier, functions as the dedicated onboard command center for unmanned carrier aviation, combining a government Command, Control, Communications, Computers and Intelligence network with Lockheed Martin's MDCX software and hardware and additional government-produced ancillary equipment.

Bethesda, Md. – September 30, 2026 -- The Fuerza Aérea Mexicana (FAM) has acquired a second Lockheed Martin C-130J-30 Super Hercules tactical airlifter, doubling the response capacity it gained from its first aircraft purchase announced in January 2026.

Mexico becomes a two-aircraft Super Hercules operator within a single year

The January 2026 acquisition made Mexico the first Latin American nation to join the global Super Hercules fleet, which now exceeds 570 aircraft worldwide. The second aircraft continues the FAM's recapitalization of its legacy Hercules fleet, a platform it has operated for more than five decades.