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Lockheed Martin Receives $694M U.S. Air Force Contract To Manufacture Air-Launched Rapid Response Weapon

Oct 27, 2026 · 03:35 PM ET· updated 1h ago

Lockheed Martin (NYSE:LMT) has been awarded a $694M contract from the U.S. Air Force for production of the Air-Launched Rapid Response Weapon (ARRW). The new capability brings sustained and maneuverable hypersonic

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Why It Matters

Lockheed Martin won a big $694 million order from the Air Force. When a company gets large government contracts, it shows steady work ahead.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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