LMT · Earnings call · 2026Q3T · Full report

Products and Technology

LOCKHEED MARTIN CORP · 2026-10-22 · Importance 34 · Surprise 42

Lockheed Martin introduced PAC-3 ACE, a lower-cost interceptor for cruise and short-range ballistic missiles, and advanced PAC-3 Edge to the next development stage for the Army's Future Interceptor program. The Edge design combines a combat-proven PAC-3 MSE base, a Lockheed Martin-made seeker, and a multi-pulse motor for hypersonic and other advanced threats. Other offerings highlighted included MORFIUS X-Rotor counter-drone technology, the Kodiak launcher for up to 12 GMLRS rockets, AI-enabled flight testing, and modular hypersonic systems.

Key facts

• Lockheed Martin advanced PAC-3 Edge to the next stage of development for the Army’s Future Interceptor program.
• Lockheed Martin’s Kodiak Containerized Launcher completed its first live-fire test less than six months after development began and can pack up to 12 GMLRS rockets in one container.
• Lockheed Martin completed a key solid rocket motor test for the Next Generation Interceptor, keeping the program on track for fielding by 2030.
• Lockheed Martin’s MORFIUS X-Rotor can defeat more than 50 drones in one flight and then be recovered, recharged, and reused.
• PAC-3 Edge pairs a new Lockheed Martin seeker with a multi-pulse motor to defeat hypersonic and other advanced threats at greater range and higher altitude.
• Lockheed Martin identified 13 mission technology roadmaps guiding its development work.
• Lockheed Martin's CEO said the company’s product is deterrence and that it aims to deter armed conflict.