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Business/Financial

Missile Business Leads Lockheed Martins Second Quarter Results Higher

By Cal Biesecker

Thursday, July 23rd, 2026

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Missile Business Leads Lockheed Martins Second Quarter Results Higher

A THAAD interceptor is launched from Kodiak, Alaska during Flight Experiment THAAD (FET)-01 on July 30, 2017. (Photo: Missile Defense Agency)

Higher sales of air defense interceptors and a surface-to-surface missile, coupled with the absence of losses on several contracts that hit the company a year ago, helped drive revenue and earnings growth at Lockheed Martin [LMT] in the second quarter, the company reported on Thursday. The company’s Missiles and Fire Control (MFC) segment posted strong double-digit top and bottom-line increases on the strength of the Patriot Advanced Capability-3 and Terminal High Altitude Area Defense (THAAD) missile interceptor programs, and the…

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