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The AGM-183 ARRW ("Air-Launched Rapid Response Weapon") is [5] a hypersonic air-to-ground ballistic missile planned for use by the United States Air Force. Developed by Lockheed Martin , the boost-glide vehicle is propelled to a maximum speed of more than Mach 5 [ 6 ] by a rocket motor before gliding toward its target.
Dynetics will build the hypersonic glide vehicle while Lockheed Martin will build the booster as well as assemble the missile and launch equipment. [10] The C-HGB has been successfully tested, in October 2017, March 2020, [11] [12] 28 June 2024, [13] and 12 December 2024. [14] The missile had been planned to enter service with the Army in 2023 ...
The Martin Marietta Corporation was an American company founded in 1961 through the merger of Glenn L. Martin Company and American-Marietta Corporation. In 1995, it merged with Lockheed Corporation to form Lockheed Martin .
Lockheed Martin now trades at slightly more than 20 times the midpoint of management's free-cash-flow (FCF) guidance. While the recent rise in the stock price is justified given some derisking on ...
Does the recent dip in the share price make it attractive, given the risk/reward outlook?
Lockheed Martin's 12.5% operating margin came in about 60 basis points ahead of expectations, and free cash flow of $2.1 billion was well ahead of Wall Street's $1.3 billion forecast.
[14] [15] It is designed to be smaller than the AGM-183 ARRW and able to fly along “vastly different trajectories” than the boost-glide ARRW. [ 16 ] The system will give the US military "tactical flexibility to employ fighters to hold high-value, time-sensitive targets at risk, while maintaining bombers for other strategic targets."
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