Lockheed jumps on strong 2026 guidance and a new missile deal with the Defense Department.

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 headed for its best month since 1980, after the defense contractor provided an upbeat earnings outlook amid strong demand from Trump’s Defense Department for its missiles and fighter jets.

As you saw in our press release this morning, 2025 marked unprecedented demand for Lockheed Martin's industry-leading defense technologies. In addition, we worked closely with the Department of War Leadership to reach the landmark seven-year framework agreement for PAC-3 MSE interceptors that we together announced earlier in January.

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

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

Defense giant Lockheed Martin has secured a new deal with the Pentagon to sharply boost production of missile defense interceptors.

An extremely secretive Air Force spy drone was used in the U.S. military’s operation to capture Venezuelan President Nicolás Maduro this month, Lockheed Martin’s CEO confirmed, marking a rare disclosure of the aircraft’s operations.

Three of Lockheed Martin’s most important acquisitions are the Martin Marietta Corporation, the Loral Corporation, and Sikorsky Aircraft.

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.