What Is the "Achilles Shield" and How Is Lockheed Martin Involved? Here's What Investors Need to Know. [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
That's the chief takeaway from the country's recent vote by the Special Permanent Parliamentary Committee on Armaments Programs and Contracts, anyway. It approved a 4 billion euro ($4.6 billion) investment in new defensive technologies like Israeli-made surface-to-air missiles, which are capable of better protecting the nation's skies and seas from a range of military threats, including aerial drones and enemy aircraft. Image source: Getty Images. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » This budgetary approval is only a small piece of the country's bigger-picture defensive spending plan. The overarching project -- often referred to as "Achilles Shield" since it was first proposed last year -- ultimately calls for $33 billion worth of military improvements to be completed by the mid-2030s, including the
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News
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LMT
Earnings
- 1/29/26 - Miss
LMT
Sec Filings
- 3/13/26 - Form 4
- 3/11/26 - Form 144
- 2/27/26 - Form 144
- LMT's page on the SEC website