Lockheed Martin awards F-35 contract and Lockheed Martin stock costs EUR 447.80

Lockheed Martin stock (ISIN US5398301094) was trading at EUR 447.80 at Lang & Schwarz on October 8, 2026 at 3:02 p.m. CEST, plus 0.22 percent versus the prior close. On October 8, BAE Systems said it had received a contract from Lockheed Martin for electronic warfare systems covering F-35 Lots 20-22.

Three contract milestones shape demand

On September 3, 2026, the U.S. Navy awarded Lockheed Martin a USD 257.28 million modification for MK 48 MOD 7 heavyweight torpedoes, according to Army Recognition. On September 21, the company announced a USD 1.20 billion Army contract for Precision Strike Missile Increment 2, according to Lockheed Martin.

The October 8 F-35 contract adds a third dated program signal. Under the agreement, BAE Systems will manufacture and deliver electronic warfare systems for Lots 20-22 and retrofit older aircraft, as ADS Advance reported.

What does the F-35 contract add?

The contract extends Lockheed Martin's role across the F-35 production base rather than marking a single aircraft delivery. The AN/ASQ-239 system supplies threat detection and electronic protection, while the retrofit work creates a recurring modernization stream alongside new-build systems.

The operating backdrop also includes a recent earnings comparison. MarketBeat reported that second-quarter 2026 revenue reached USD 20.06 billion, up 10.50 percent year over year, while earnings per share of USD 7.94 exceeded consensus by USD 0.72. The same report listed fiscal 2026 earnings-per-share guidance of USD 29.95-30.65.

Results date sets the next checkpoint

Lockheed Martin is scheduled to publish third-quarter 2026 results before the market opens on October 22, 2026, with an 8:30 a.m. ET webcast, according to Lockheed Martin. A replay is scheduled to remain available through November 5, 2026, according to Pluang.

Stock holds above the prior close

At Lang & Schwarz, Lockheed Martin was trading at EUR 447.80 on October 8, 2026 at 3:02 p.m. CEST, up 0.22 percent versus the Lang & Schwarz prior close of EUR 446.80 on October 7, 2026. The primary listing is on the NYSE, where the finance quote showed USD 499.22 at 4:00 p.m. ET on October 7, 2026; the 52-week range was USD 437.25 to USD 692.00 and market capitalization was USD 115.2 billion.

The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.

Market context: Market report S&P 500.

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