Defense contractor
Lockheed Martin (NYSE: LMT) is the incumbent maker of the U.S. Army's Precision Strike Missile, holding the Increment 1 production line the Army expanded from $4.9 billion to $13.3 billion and a $1.2 billion Increment 2 early-operational-capability award. It must now defend the 1,000-kilometer Increment 4 successor in a five-way prototype race against Anduril, Castelion, Mach Industries and RTX.
NYSE: LMT
Open · delayed 15 min · Oct 9 7:36 PM EDT
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Day figures as of Oct 9 7:36 PM EDT · previous close 507.89
Featured · Money
Wall Street's $86.50 consensus target sits at more than double the $38.31 close, and insiders have sold nLight stock for twelve straight months without a single buy. The first of the Q3 fund filings shows a growth house walking.
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