Lockheed Martin's Arm Secures a Contract to Support Sonar Systems [Yahoo! Finance]

Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
Navy's Sound Navigation and Ranging (Sonar) systems. The award has been offered by the Naval Sea Systems Command, Washington, D.C. Valued at $15.2 million, the contract is expected to be completed by February 2028. The majority of the work related to this deal will be executed in Manassas, VA, and Clearwater, FL. LMT Stock's Growth Prospects With the rapid rise of geopolitical tensions in recent years, governments worldwide have increased their investments in military arsenals, including sonars. This demand is fueled by the need for high-resolution seabed mapping, enhanced underwater surveillance and next-generation sonar-equipped vessels. This is likely to have prompted Mordor Intelligence to forecast a compound annual growth
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News
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- Military Unmanned Underwater Vehicles Market Report 2025 - Military UUV Market Expands with AI, Underwater Swarm Technology, and Autonomous Capabilities [Yahoo! Finance]Yahoo! Finance
- Lockheed Martin Secures a $266M Contract to Aid F-16 Jet Program [Yahoo! Finance]Yahoo! Finance
LMT
Earnings
- 1/28/25 - Miss
LMT
Sec Filings
- 2/28/25 - Form 4
- 2/28/25 - Form 4
- 2/28/25 - Form 4
- LMT's page on the SEC website