Lockheed Martin awards PAC-3 contract as 19 analysts cover Lockheed Martin stock
Published on 10/06/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lockheed Martin (ISIN US5398301094) awarded Boeing a seven-year PAC-3 Missile Segment Enhancement seeker contract worth about USD 14.70 billion on October 5, 2026, while 19 analysts cover Lockheed Martin stock. Reuters reported the contract, and MarketBeat lists 19 analysts in its research coverage.
PAC-3 contract expands missile demand
The Boeing agreement covers production and delivery of PAC-3 MSE seekers, the guidance component used in Patriot interceptors. Reuters said the arrangement should enable Boeing to triple seeker production, linking Lockheed Martin's prime-contractor role with a specific supplier capacity increase.
The order adds to a broader production ramp. Reuters reported that the U.S. Army awarded Lockheed Martin a PAC-3 production contract worth up to USD 58.60 billion in July 2026. The same report said congressional funding had yet to be appropriated for the wider production deals, leaving execution and capacity investment as important variables.
Q2 revenue beats the consensus
Lockheed Martin's second-quarter 2026 results provide the operating benchmark behind the demand story. MarketBeat reported revenue of USD 20.06 billion for the quarter, up 10.50 percent from the prior-year quarter and above the USD 19.34 billion consensus estimate.
The company also reported diluted earnings per share of USD 7.94 for the second quarter of 2026, compared with the USD 7.22 consensus estimate. That USD 0.72 comparison and the revenue increase give investors two measurable tests for the next report: whether missile volume continues to lift sales and whether production growth converts into earnings.
Stock price stays near the lower half
Lockheed Martin stock was trading at EUR 452.80 at Lang & Schwarz on October 6, 2026 at 10:40 a.m. CEST, up 0.30 percent versus the prior close of EUR 451.45 on October 5, 2026. The primary listing is on the NYSE, where the finance quote showed USD 506.63 on October 5, 2026, against a 52-week range of USD 437.25 to USD 692.00; the market capitalization was USD 116.9 billion on that date.
The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.
Lockheed Martin stock facts
- Company: Lockheed Martin Corporation
- ISIN: US5398301094
- Ticker: LMT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 10:40 a.m. CEST): EUR 452.80
- Change versus prior close: plus 0.30 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 451.45
- Market capitalization: USD 116.9 billion (as of October 5, 2026)
- 52-week range: USD 437.25-692.00 (as of October 5, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: S&P 500
