Army awards contract to Lockheed Martin as stock trades below its high

Published on 10/14/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Army contract is worth USD 117.12 million and runs through October 12, 2031. Lockheed Martin stock costs EUR 453.90 on October 14, 2026.

Contract, results and calendar

The Army contract is valued at USD 117.12 million on October 13, 2026.
Second-quarter 2026 revenue rose 10.50 percent to USD 20.06 billion.
Lockheed Martin stock trades at EUR 453.90 at 1:10 p.m. CEST on October 14, 2026.
Third-quarter 2026 results are scheduled for October 22, 2026.

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Lockheed Martin (ISIN US5398301094) was awarded a USD 117.12 million U.S. Army contract on October 13, 2026, for radar frequency interferometer support for Apache helicopters. Lockheed Martin stock was at EUR 453.90 at Lang & Schwarz on October 14, 2026 at 1:10 p.m. CEST.

Three contract milestones shape the picture

Lockheed Martin secured a USD 1.20 billion Precision Strike Missile Increment 2 contract on September 21, 2026, according to its release archive.

Lockheed Martin authorized a fourth-quarter 2026 dividend of USD 3.60 per share on October 9, 2026, an increase of USD 0.15 from the previous quarter.

Markets Insider reported that the latest award covers a contract framework with estimated completion on October 12, 2031. The contract adds a near-term order milestone to a defense portfolio already supported by long-cycle programs.

What do the latest results show?

Lockheed Martin reported second-quarter 2026 sales of USD 20.06 billion, up 10.50 percent year over year, with net earnings of USD 1.84 billion and diluted earnings per share of USD 7.94. Cash from operations reached USD 3.24 billion in the quarter.

The comparison is important because the company also reported USD 18.02 billion of revenue and diluted earnings per share of USD 6.44 in the first quarter of 2026. The latest result therefore points to a sharper sequential improvement in both sales and earnings, although the two quarters reflect different program timing.

MarketBeat reported on October 10, 2026 that Barclays began coverage with an equal-weight rating and a USD 554.00 price target. The same report cited fiscal 2026 earnings-per-share guidance of USD 29.95 to USD 30.65 and consensus revenue of USD 19.34 billion for the latest quarter.

Results date sets the next checkpoint

Lockheed Martin scheduled its third-quarter 2026 earnings webcast for October 22, 2026 at 8:30 a.m. ET. That report will test whether the second-quarter revenue gain and USD 7.94 diluted earnings per share can be extended into the second half of the fiscal year.

Lockheed Martin stock was at EUR 453.90 at Lang & Schwarz on October 14, 2026 at 1:10 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.