Ticker: LMT | Published: 2026-09-15
Army deal fuels LMT rally
Lockheed Martin is rallying violently on news the Army awarded it a $1.2 billion production contract for the PrSM missile program, a direct revenue catalyst against a flat-to-down broader market.
Sources: https://insidedefense.com/insider/army-awards-lockheed-martin-12b-contract-prsm-inc-2, https://ground.news/article/lockheed-nabs-12-billion-army-productio