Shares in defense group Lockheed Martin (LMT) soared higher today after it posted a first-quarter sales hike buoyed by ...

CEO Jim Taiclet emphasized strong performance with a 4% year-over-year sales increase in Q1 2025 and robust cash generation, enabling $850 million in R&D and capital expenditures. Shareholder returns ...

Defense companies are seeing a surge in weaponry demand, driven by conflicts across the globe. The Pentagon has been prioritizing purchases of the PrSM, which is to replace the Army Tactical Missile ...

The PrSM is, as the name says, a missile, one that's meant to precisely strike enemy targets located at very ... The weapons maker, Lockheed Martin, along with the military, have been at it ...

Lockheed Martin’s Precision ... took place at White Sands Missiles Range in New Mexico and was designed to validate PrSM’s performance and integration with the M270A2 launcher. The missiles were fired ...

The US Navy has killed its next-generation hypersonic missile, slamming the brakes on a once-promising development program ...

These losses have led Melius to adjust their sales growth assumptions for Lockheed Martin and to reduce their target multiple ... Next-Generation Interceptor missile defense program.

March 31 (Reuters) - Lockheed Martin ... the Army Tactical Missile (ATACM). PrSM is Lockheed's next-generation long-range precision strike missile, capable of neutralizing targets beyond 400 ...

Lockheed Martin ... Increment 1 missile. PrSM is the Army’s next-generation missile designed to provide the warfighter with a long-range precision fire capability to neutralize targets as ...

Lockheed Martin Europe confirmed on Tuesday that it had received the first shipment of the vital Patriot components from ...