LMT · News · 20260807N

Competition and Market Share

LOCKHEED MARTIN CORP · 2026-08-07 · Importance 17 · Surprise 24

RTX’s Raytheon business completed installation of its first SPY-6(V)4 naval radar array, marking progress in a major Navy modernization program. The comparison identifies RTX as a direct defense-electronics competitor to Lockheed Martin and notes that Lockheed has also secured a significant Sentinel A4 radar contract. The reported milestones highlight active competition in naval radar and missile-defense systems, although the RTX program’s revenue contribution is not expected until mid-2028.

Key facts

• Analysts have given Lockheed Martin an average "Hold" recommendation with 11 out of 20 analysts recommending holding the stock. source