LMT · News · 20260904N
Order Backlog and Book-to-Bill
LOCKHEED MARTIN CORP · 2026-09-04 · Importance 81 · Surprise 64 · In source text
Lockheed Martin was reported to have a record backlog of approximately $230 billion, supported by growth across its four business segments. Missile and air-defense programs, particularly PAC-3 and THAAD, are described as major drivers of demand and long-term revenue visibility. Analysts cited a potential 150% increase in the Missiles and Fire Control segment by 2030, based on multi-year production frameworks, stockpile requirements, and international demand.
Key facts
- LOCKHEED MARTIN CORP was awarded over $150 million in U.S. Department of Defense contract modifications, including a $90.2 million modification for the TRIDENT II Life Extension 2 SSP program, a $40.1 million modification for the MK 41 Vertical Launching System, and a $20.3 million modification for HH-60W repairs, with scheduled completion between 2027 and 2030. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +0.6% | LOCKHEED MARTIN CORP was awarded over $150 million in U.S. Department of Defense contract modifications, including a $90.2 million… |