LMT · News · 20260804N

Liquidity and Debt Position

LOCKHEED MARTIN CORP · 2026-08-04 · Importance 40 · Surprise 42

United Launch Alliance, the Boeing-Lockheed Martin joint venture, was reported to be planning an approximately $500 million private bond placement. ULA intends to use the proceeds to refinance existing debt. The bonds would be sold directly to institutional investors rather than through a public offering. US Bancorp, Mizuho Financial Group, and Wells Fargo were identified as arrangers.

Key facts

• Rathbones Group PLC sold 92% of its Lockheed Martin shares in the first quarter but still retained a holding worth approximately $9.7 million. source