LMT · Earnings call · 2026Q3T · Full report
International Market Growth
LOCKHEED MARTIN CORP · 2026-10-22 · Importance 26 · Surprise 24 · In source text
Management cited growing international demand across Lockheed Martin's portfolio. Australia awarded an $800 million contract for the next tranche of its AIR 6500 joint air battle management system and committed to be the first international JATM customer. Other international awards included C-130J contracts serving U.S. and international partners, an ATMS production contract for Taiwan's HIMARS launchers, and Australia's future Virginia-class submarine combat-systems integration program.
Key facts
- Lockheed Martin was awarded an $800 million contract in Australia for the next tranche of AIR 6500, its joint air battle management system.
- Lockheed Martin was awarded a $439 million contract to produce Army Tactical Missile System missiles for Taiwan’s HIMARS launchers.
- Lockheed Martin dedicated $100 million of its expanded venture fund to companies in the U.K. and Europe.
- Australia has committed to be the Joint Advanced Tactical Missile program’s first international customer.
- Lockheed Martin was selected to establish Australia’s combat systems integration capability for future Virginia-class submarines, a program expected to span decades.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Australia has committed to be the Joint Advanced Tactical Missile program’s first international customer. |
| revenue | positive | probable | — | Lockheed Martin was selected to establish Australia’s combat systems integration capability for future Virginia-class submarines, a… |