The award strengthens long-range precision strike industrial capacity and signals continued demand for munitions relevant to Gulf and anti-ship contingencies.
Lockheed Martin wins up to $1.2 billion US Army contract for Precision Strike Missile production
Question
Lockheed Martin wins up to $1.2 billion US Army contract for Precision Strike Missile production
Direct answer
The award strengthens long-range precision strike industrial capacity and signals continued demand for munitions relevant to Gulf and anti-ship contingencies.
- Original publisher
- Market Ontology
- Evidence through
- 2026-09-21
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Lockheed Martin wins up to $1.2 billion US Army contract for Precision Strike Missile production”, revision 1, evidence through 2026-09-21. https://marketontology.com/market-events/2026-09-21/lockheed-martin-wins-up-to-1-2-billion-us-army-contract-for-precision-strike-mis-92b2a3
What happened next
| Asset | Call | Base close | +1 day | +5 days | +20 days |
|---|---|---|---|---|---|
| LMT | Updisagreed | 535.40 2026-09-21 | -2.44% | -3.23% | Pending |
| RTX | Updisagreed | 194.34 2026-09-21 | -1.72% | -3.44% | Pending |
| XLI | Updisagreed | 169.98 2026-09-21 | +0.17% | -0.71% | Pending |
Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.
Sources
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- 2026-10-18U.S. forces escort more than 100 million barrels of oil through the Strait of Hormuz in a weekBZ=F FRO LMT-3.37%
- 2026-10-18Lockheed Martin backlog expands to $230B on surging PAC-3 and THAAD missile ordersLMT
- 2026-10-17J.B. Hunt shifts to higher contract rates to offset rising costsJBHT XLI
- 2026-10-16US Central Command says the Strait of Hormuz remains open as American and partner forces escort commercial shippingBDTI ICE BRENT CRUDE FUTURES LMT
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