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| PRICE TARGET: $627.10 DETAILS
HIGH: $700.00
LOW: $517.00
MEDIAN: $653.50
CONSENSUS: $627.10
UPSIDE: 18.78%

Stock News

Lockheed Martin and Rheinmetall Move Forward with ATACMS Co-Production in Europe

Lockheed Martin and Rheinmetall Move Forward with ATACMS Co-Production in Europe

ANKARA, Türkiye, July 7, 2026 /PRNewswire/ -- During the NATO Summit Defense Industry Forum, Lockheed Martin (NYSE: LMT) and Rheinmetall announced the signing of a memorandum of understanding (MOU) that addresses the immediate demand for locally produced munitions in Europe. With the support of the United States and German governments, the agreement marks the next step toward establishing a joint venture to create the first European centre of excellence for the manufacturing, integration and distribution of ATACMS across NATO and allied European forces.

Jul 07, 2026 01:15 AM prnewswire.com
Lockheed Martin to acquire Ultra Maritime for $3.5B

Lockheed Martin to acquire Ultra Maritime for $3.5B

Lockheed Martin Corp (NYSE:LMT) said on Monday it has signed a definitive agreement to acquire Ultra Maritime for $3.45 billion, in a move aimed at expanding its undersea warfare and anti-submarine warfare capabilities for allied naval forces. Ultra Maritime is a global defense company specializing in advanced undersea systems, including sonar technologies, sonobuoys, torpedo defense systems, radar solutions and autonomous maritime sensing platforms.

Jul 06, 2026 09:29 AM proactiveinvestors.com
Lockheed Martin to Acquire Ultra Maritime Solutions

Lockheed Martin to Acquire Ultra Maritime Solutions

Acquisition reinforces Lockheed Martin's commitment to domain expertise in anti-submarine warfare BETHESDA, Md., July 6, 2026 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] today announced the signing of a definitive agreement to acquire Ultra Maritime, a global defense company specializing in advanced undersea warfare and anti-submarine warfare (ASW) capabilities for allied naval forces for $3.45 billion.

Jul 06, 2026 04:32 AM prnewswire.com

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