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YahooSeptember 24, 2026 at 4:47 PM NYLast Month

Could Lockheed Martin (LMT)’s Missile Defense Boom Give it an Edge Over General Dynamics (GD)?

On August 31, the Department of War (DoW) announced the signing of two seven-year framework agreements with General Dynamics Corporation (NYSE:GD)’s Ordnance and Tactical Systems (GD) and Lockheed Martin Corporation (NYSE:LMT) on August 31. The multiyear procurement contracts aim to triple PAC-3 MSE and quadruple THAAD interceptor capacity by scaling manufacturing for subcomponents like motor […]

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