Report: Lockheed Martin Reports $10 Billion in Advanced Air and Missile Systems for U.S. and Allied Forces.

American Company Lockheed Martin’s first-quarter 2025 success not only reflects a robust financial performance but also showcases the company’s advanced capabilities in delivering a highly adaptable and sophisticated range of missile systems tailored to diverse mission profiles. According to the financial report released on April 23, 2025, the company’s Missiles and Fire Control division secured up to $10 billion in missile program awards during the first quarter—solidifying its strategic role in advancing U.S. and allied defense capabilities through precision, long-range, and multi-domain strike technologies.
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American Company Lockheed Martin’s advanced missile systems support multi-domain operations for U.S. and allied forces. (Picture source: Editing Army Recognition Group)

These contracts span a variety of cutting-edge systems—including the Precision Strike Missile (PrSM), Joint Air-to-Surface Standoff Missile (JASSM), Long-Range Anti-Ship Missile (LRASM), Terminal High Altitude Area Defense (THAAD), and the Trident II D5 Life Extension Program. Each system underscores Lockheed Martin’s ability to develop mission-specific missile solutions capable of operating across land, sea, and air theaters.

Among the key systems receiving fresh production contracts is the Precision Strike Missile (PrSM). Developed for the U.S. Army to replace the aging ATACMS, PrSM offers a significantly extended range, precision strike capability, and modular architecture designed for future upgrades. This next-generation surface-to-surface missile is engineered for high-threat environments, capable of targeting enemy command posts, air defense systems, and critical logistical hubs from hundreds of kilometers away. Lockheed Martin was awarded a nearly $5 billion contract for the PrSM Increment 1, marking a major step forward in modernizing U.S. ground force firepower.

In support of the U.S. Air Force and Navy, Lockheed Martin secured a $3.2 billion multiyear contract to boost production of the Joint Air-to-Surface Standoff Missile (JASSM) and Long-Range Anti-Ship Missile (LRASM) through 2032. JASSM is a stealthy, air-launched cruise missile designed to penetrate heavily defended airspace and destroy high-value, fixed targets such as hardened bunkers, air defense nodes, and communications infrastructure—all from extended standoff ranges. Its low-observable airframe and advanced guidance system allow it to evade enemy defenses and deliver precise, devastating strikes.

Complementing JASSM’s strategic reach, the LRASM is tailored for maritime dominance. This air-launched missile is designed to autonomously detect and engage enemy surface ships, even in GPS-denied or contested electronic environments. With advanced targeting sensors, low-observable design, and the ability to discriminate between multiple targets, LRASM plays a vital role in anti-access/area denial (A2/AD) operations—empowering U.S. and allied naval forces to operate freely in contested waters.

The company’s continued involvement with the Terminal High Altitude Area Defense (THAAD) system further illustrates its missile defense prowess. THAAD is a mobile, rapidly deployable system capable of intercepting and destroying short- to intermediate-range ballistic missiles during their terminal phase of flight. Its hit-to-kill technology provides kinetic intercepts, eliminating threats with precision and minimizing collateral damage. THAAD is a critical layer in the integrated missile defense architecture of the United States and its global partners, particularly in regions with high ballistic missile threats.

Lockheed Martin is also at the forefront of sustaining the U.S. Navy’s strategic deterrence with the Trident II D5 Life Extension Program. The Trident II D5 is a submarine-launched ballistic missile (SLBM) with intercontinental reach and the capacity to carry multiple independently targetable reentry vehicles (MIRVs). This program ensures that the U.S. maintains a reliable second-strike capability into the 2040s, preserving strategic stability in a complex global security environment.

These diverse missile programs exemplify Lockheed Martin’s unique capacity to deliver comprehensive, mission-adaptable weapons systems that support a full spectrum of military operations. From battlefield precision and standoff engagement to maritime interdiction and strategic deterrence, the company’s portfolio continues to shape modern warfare and national defense strategies.

Financially, Lockheed Martin reported a strong first quarter, with sales reaching $18 billion—a 4% increase compared to Q1 2024. Net earnings rose to $1.7 billion, or $7.28 per share, up from $1.5 billion, or $6.39 per share. Operational cash flow reached $1.4 billion, and the company returned $1.5 billion to shareholders through dividends and share repurchases, signaling solid performance and investor confidence.

Looking ahead, Lockheed Martin reaffirmed its full-year 2025 guidance, with projected net sales between $73.75 billion and $74.75 billion and earnings per share between $27.00 and $27.30. With a growing contract backlog and continuous innovation across its missile systems, the company is well-positioned to meet evolving military requirements and maintain its role as a premier global defense technology provider.

As modern threats demand speed, precision, survivability, and adaptability, American Company Lockheed Martin’s multi-mission missile technologies ensure that the United States and its allies remain equipped to deter, defend, and dominate in an increasingly contested global security landscape.