The aerospace leader is strengthening its ties to the U.S. Armed Forces.

By Mike Stone and Aishwarya Jain Jan 29 (Reuters) - Lockheed has reached a profit-sharing agreement with the U.S. government related to the production of much-needed air defense missiles, the biggest U.

Lockheed Martin’s stock is doing great again, as the defense contractor issued on Thursday a full-year earnings and cash-flow outlook that was better than what Wall Street was expecting, fueled by increased military spending by the Trump administration.

Lockheed forecast 2026 revenue of $77.5 billion to $80 billion, above analysts' estimates of $77.83 billion, according to LSEG-compiled data. It expects profit per share between $29.35 and $30.25, versus expectations of $29.28.

Lockheed Martin Corporation (NYSE:LMT) shares have surged 5.3% premarket after the defense contractor reported fourth-quarter earnings and revenue that exceeded analyst expectations, driven by strong demand for its military hardware.

Lockheed Martin (NYSE: LMT) reported higher revenue and earnings miss for Q4 and full year 2025. Sales increased 6% in 2025.

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 6% year-over-year sales growth.

Lockheed Martin has officially broken ground on a new Munitions Acceleration Center in Camden, Arkansas. Here's what to know.