Lockheed Martin Gets More than $35 Billion U.S. Contract for Thaad Systems

Dow Jones05:36

Lockheed Martin nabbed a $35.35 billion contract from the U.S. government to quadruple production of its high-end Thaad missile-defense systems.

The defense contractor said Wednesday that the award is one of the first major procurement contracts executed under the Defense Department's effort to stockpile weapons in the next few years.

The contract comes weeks after Lockheed broke ground on a new munitions production center in Alabama. The company is spending more than $9 billion through 2030 to build or update weapons facilities across the country.

Lockheed said in January that it would ramp up its output of Thaad interceptors in response to demand from Pentagon officials.

Shares rose 1%, to $496.50, after hours.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

June 24, 2026 17:36 ET (21:36 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2646728849?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-25 05:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2646728849","market":"nz","top_or_hot":-1,"title":"Lockheed Martin Gets More than $35 Billion U.S. Contract for Thaad Systems","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/LMT\">Lockheed</a> Martin nabbed a $35.35 billion contract from the U.S. government to quadruple production of its high-end Thaad missile-defense systems. \n</p>\n<p>\n  The defense contractor said Wednesday that the award is one of the first major procurement contracts executed under the Defense Department's effort to stockpile weapons in the next few years. \n</p>\n<p>\n  The contract comes weeks after Lockheed broke ground on a new munitions production center in Alabama. The company is spending more than $9 billion through 2030 to build or update weapons facilities across the country. \n</p>\n<p>\n  Lockheed said in January that it would ramp up its output of Thaad interceptors in response to demand from Pentagon officials. \n</p>\n<p>\n  Shares rose 1%, to $496.50, after hours. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 17:36 ET (21:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lockheed Martin Gets More than $35 Billion U.S. Contract for Thaad Systems</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLockheed Martin Gets More than $35 Billion U.S. Contract for Thaad Systems\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-25 05:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/LMT\">Lockheed</a> Martin nabbed a $35.35 billion contract from the U.S. government to quadruple production of its high-end Thaad missile-defense systems. \n</p>\n<p>\n  The defense contractor said Wednesday that the award is one of the first major procurement contracts executed under the Defense Department's effort to stockpile weapons in the next few years. \n</p>\n<p>\n  The contract comes weeks after Lockheed broke ground on a new munitions production center in Alabama. The company is spending more than $9 billion through 2030 to build or update weapons facilities across the country. \n</p>\n<p>\n  Lockheed said in January that it would ramp up its output of Thaad interceptors in response to demand from Pentagon officials. \n</p>\n<p>\n  Shares rose 1%, to $496.50, after hours. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 17:36 ET (21:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空与国防","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2646728849","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646728849","pubTimestamp":1782336960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Lockheed Martin nabbed a $35.35 billion contract from the U.S. government to quadruple production of its high-end Thaad missile-defense systems.The defense contractor said Wednesday that the award is one of the first major procurement contracts executed under the Defense Department's effort to stockpile weapons in the next few years.The contract comes weeks after Lockheed broke ground on a new munitions production center in Alabama. The company is spending more than $9 billion through 2030 to build or update weapons facilities across the country.Lockheed said in January that it would ramp up its output of Thaad interceptors in response to demand from Pentagon officials.Shares rose 1%, to $496.50, after hours.Write to Dean Seal at dean.seal@wsj.com Dow Jones NewswiresJune 24, 2026 17:36 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4187":"航天航空与国防","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4564":"太空概念","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LMT":"洛克希德马丁","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LMTL":"2倍做多LMT ETF-Direxion","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","BK4588":"碎股","LU1929549753.HKD":"FRANKLIN INCOME \"A\" (HKD) INC","LMTS":"1倍做空LMT ETF-Direxion","BK4516":"特朗普概念","BK4585":"ETF&股票定投概念","BK4604":"机器人概念","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC"},"translate_title":"洛克希德·马丁公司获得美国价值超过350亿美元的萨德系统合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LMT":1.5,"LMTS":0.6,"LMTL":0.6},"content_text":"Lockheed Martin nabbed a $35.35 billion contract from the U.S. government to quadruple production of its high-end Thaad missile-defense systems. \n\n\n  The defense contractor said Wednesday that the award is one of the first major procurement contracts executed under the Defense Department's effort to stockpile weapons in the next few years. \n\n\n  The contract comes weeks after Lockheed broke ground on a new munitions production center in Alabama. The company is spending more than $9 billion through 2030 to build or update weapons facilities across the country. \n\n\n  Lockheed said in January that it would ramp up its output of Thaad interceptors in response to demand from Pentagon officials. \n\n\n  Shares rose 1%, to $496.50, after hours. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 24, 2026 17:36 ET (21:36 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2646728849","isCrawlerRequest":true}