LMT · News · 20260921N

Competition and Market Share

LOCKHEED MARTIN CORP · 2026-09-21 · Importance 31 · Surprise 42 · In source text

The U.S. Air Force selected Anduril Industries and General Atomics to build its first Collaborative Combat Aircraft drones, excluding Lockheed Martin from the initial shortlist. Lockheed Martin is nevertheless building five of its own stealth drones, indicating continued investment in an emerging uncrewed combat-aircraft market. The development creates competitive pressure from newer entrants in autonomous and collaborative aircraft systems.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativeprobable—Lockheed Martin is building five stealth drones of its own despite not being selected for the U.S. Air Force's Collaborative Combat…