Missiles are flying across the Middle East — and the air defense price tag is getting heavier [Business Insider]
Lockheed Martin Corporation (LMT)
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in The Middle East has been locked in a widening air defense battle as Iran continues to fire missiles across the region. Almost every ballistic missile requires a multimillion-dollar interceptor, sometimes more than one. The US and its allies have already intercepted hundreds of Iranian missiles. Iranian missiles and drones are flying across the Middle East, forcing the US, Israel, and the Gulf states to expend numerous costly interceptors on air defense operations in just a few days and draw on critical weapons stockpiles. Loading audio narration... Air defense battles get expensive — fast. Official figures for the Middle East conflict aren't available, but data from some of the countries involved indicate rapidly rising costs. The Pentagon said Wednesday that Iranian forces had launched more than 500 ballistic missiles and 2,000 one-w
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LMT
Earnings
- 1/29/26 - Miss
LMT
Sec Filings
- 2/27/26 - Form 144
- 2/27/26 - Form 4
- 2/27/26 - Form 4
- LMT's page on the SEC website