Lockheed Martin CEO says deterrence requires greater production, citing Texas expansion and plans for 6,000 U.S. jobs

RTX and Lockheed Martin's joint venture secured a $215M U.S. Army contract for Javelin missile launchers, as announced by the companies.

RTX and Lockheed Martin's joint venture received a $215M U.S. Army contract for missile launchers. The contract covers Lightweight Command Launch Units for the Javelin weapon system, designed to be smaller, lighter, and more capable. The units aim to be adaptable with all Javelin variants.

The U.S. Army awarded a $215M contract to Javelin Joint Venture, a partnership between Raytheon (RTX) and Lockheed Martin (LMT), for next-gen Javelin launcher units. The LWCLU is 30% smaller and 25% lighter, with improved capabilities. RTX reported $88B in 2025 sales.

The U.S. Army awarded a $215 million contract to Javelin Joint Venture (JJV) for the production of the lightweight command launch unit (LWCLU) for the Javelin missile system. The new launcher is 25% lighter and 30% smaller than the current model, according to JJV. The contract was awarded to Raytheon, an RTX business, and Lockheed Martin.

Lockheed Martin (LMT) won an $117.1M contract for Apache helicopter radar support, awarded by the Army Contracting Command. The work, due by 2031, involves maintaining radar systems for electronic warfare. LMT's defense portfolio includes Apache helicopters, PAC-3, THAAD, and F-35. Other defense stocks like RTX, Northrop Grumman, and L3Harris may also benefit from military modernization.

Lockheed Martin and Avio agreed to produce solid rocket motors in the U.S. Avio will invest over $500M in a new Virginia facility. The deal aims to bolster the U.S. supply chain for ER GMLRS and PrSM, key U.S. Army weapons. Lockheed gains access to Avio's merchant supply, while Avio expands its defense market presence.