LMT · News · 20260906N

Order Backlog and Book-to-Bill

LOCKHEED MARTIN CORP · 2026-09-06 · Importance 81 · Surprise 64

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 reported a backlog reaching $230.4 billion (record backlog reported as $230 billion in related coverage). source