Goodyear joins Lockheed Martin to commercialise Lunar Mobility

Lockheed Martin won a $245M contract for 48 IRST Block II pods for U.S. and Australian Super Hornet aircraft, including spares and diagnostics. The pods enhance situational awareness and target detection. The Block II features updated sensors and software, with production pods in service since 2025. Australia contributed $11M via Foreign Military Sales.

Lockheed Martin is in advanced talks to expand Patriot PAC-3 missile production outside the U.S. to meet global demand, which has tripled. The company aims to increase annual production capacity from 600 to 2,000 interceptors by 2030, investing up to $9 billion. Shortages of Patriot missiles are affecting Ukraine and Middle East conflicts, according to reports. Lockheed is also developing a lower-cost interceptor, PAC-3 ACE.

Sikorsky and the U.S. Army signed a production agreement for 16 Black Hawk helicopters, with over 100 more expected. Funded by FY2025–26 appropriations and proceeds from selling older aircraft, the deal sustains production and supports 55,000 U.S. jobs. Upgrades include a more powerful engine, increased payload, autonomy, and a digital backbone. Sikorsky is a Lockheed Martin company.

The U.S. Coast Guard ordered six Lockheed Martin C-130J aircraft, expanding its fleet to 25. Deliveries are scheduled from 2028 to 2030, with the aircraft initially in baseline configuration and later customized for Coast Guard missions. The order is funded by the fiscal 2025 One Big Beautiful Bill Act, part of a broader modernization effort.

Lockheed Martin secured over $1B in new defense contracts. The deals include $245M for infrared tracking systems for Navy F/A-18 jets, $52M for F-35 upgrades, $724M for missile-defense systems for Japan, and $16M for F-16 components. Work spans multiple U.S. and international locations and will continue through 2031.

The US Army selected Anduril, Castelion, Lockheed Martin, Mach Industries, and RTX to develop 1,000-km range PrSM Increment 4 prototypes for HIMARS. L3Harris partners with Lockheed on ramjet propulsion. Final down-select is set for fiscal 2028. The $1.21B Increment 2 contract was awarded to Lockheed in September. The weapon targets moving maritime and land targets, with Indo-Pacific focus.