Lockheed Martin signals $80B 2026 sales target with ramped missile production and record backlog

Q4 2025 Management View CEO James Taiclet highlighted record demand for Lockheed Martin's defense technologies, citing a year-end backlog of $194 billion, representing about 2.5 times annual sales and ...
Morningstar

Albany Engineered Composites extends JASSM and LRASM Programs with Lockheed Martin Through 2029

Albany International Corp. (NYSE: AIN) announced today that its subsidiary Albany Engineered Composites, Inc. (AEC) has been awarded multiyear contracts from Lockheed Martin’s Missiles & Fire Control ...
Times Union

DARPA and Lockheed Martin Offer U.S. Navy a Deadly New Ship-Killing Missile

For years, rumors of China's new "carrier-killer" DF-21D Dong Feng missile have had U.S. military planners in a tizzy. Believed to have an effective range of as much as 1,200 miles -- miles the ...
The Business Journals

Lockheed Martin to Navy: Air-to-ship missile can also be launched from sea

Lockheed Martin is currently working on modifying its long-range air-to-surface missiles to become air-to-ship capable — but the company argues that it can also be launched for ship-to-ship ...