Lockheed Martin: 292 Billion USD Order Backlog and 850 F-35 - Pentagon Sparks Next Defense Supercycle
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Lockheed Martin raises its 2026 forecast again: revenue is now expected to reach 80 to 82 billion USD, EPS at 30.35 to 30.75 USD, and free cash flow at 7.8 to 8.0 billion USD. The order backlog jumps by 27% compared to the second quarter to a record value of 292 billion USD – alone 52.5 billion USD are attributed to the multi-year PAC-3-MSE contract. A new ten-year framework envisions at least 850 F-35s for the USA and is intended to massively expand the production base with around 7 billion USD in investments. At Lockheed Martin,...
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