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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 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 ...
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 ...
Dividend stocks outperform non-dividend-paying stocks over the long run. It happens in good markets and bad, and the benefit of dividends can be quite striking -- dividend payments have made up ...
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.
The Lockheed Martin Corporation is an American defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland.
Lockheed Martin (LMT) closed the most recent trading day at $422.19, moving -0.87% from the previous trading session. Lockheed Martin (LMT) Stock Sinks As Market Gains: What You Should Know Skip ...