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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.
The first and by far biggest gift arrived Dec. 20, when the Pentagon's daily digest of contract awards showed Lockheed winning orders for 145 F-35 fighter jets worth $11.8 billion. Reported as a ...
Does the recent dip in the share price make it attractive, given the risk/reward outlook?
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 ...
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 ...
The system was successfully tested in July 2022 from a Palletized Load System-based launcher vehicle at White Sands Missile Range. [4] [7] The system achieved all test objectives, including first ever use of a U.S. Marine Corps (USMC) logistics truck as a medium-range missile launcher, missile canister egress, stable flight capture, and use of U.S. Army inventory artillery fire control systems ...
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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.