LMT · News · 20260807N

Liquidity and Debt Position

LOCKHEED MARTIN CORP · 2026-08-07 · 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

• CX Institutional decreased its Lockheed Martin stake by 84.9% in the second quarter, selling 16,506 shares and retaining 2,935 shares valued at $1.5 million. source
• Institutional investors collectively own approximately 74.19% of Lockheed Martin's stock. source