Back to News
Market Impact: 0.35
Lockheed Martin Bags $1.2 Bln Contract From US Army For Precision Strike Missile Increment 2
Source: Nasdaq
Infrastructure & DefenseCompany Fundamentals
Lockheed Martin secured a $1.2 billion indefinite-delivery, indefinite-quantity contract to produce Increment 2 of the Precision Strike Missile (PrSM). The award strengthens Lockheed's defense backlog and supports future revenue from U.S. precision-strike missile production.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately positive
Sentiment Score
0.45
Ticker Sentiment
LMT0.75
More News
- How the US midterm elections reflected resistance to data centres
- Elon Musk once said the Cybertruck would be Tesla’s ‘best product ever.’ Now he’s winding down production
- The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%
- OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC
- Elanco Shares Jump After Q3 Beat and Outlook Raise
- FIGS Beats Earnings as Demand Outstrips Supply, CEO Trina Spear Says