• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Lockheed Martin and Electra Expand Collaboration to Accelerate EL9 Ultra-STOL Commercialization

    6/19/25 3:00:00 AM ET
    $LMT
    Military/Government/Technical
    Industrials
    Get the next $LMT alert in real time by email

    PARIS, June 19, 2025 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE:LMT) and Electra.aero, Inc. ("Electra") signed a Memorandum of Understanding to explore opportunities for Electra's EL9 ultra-short takeoff and landing (Ultra-STOL) aircraft.

    The Electra Ultra-STOL EL9 can quietly take off and land in 150 feet, enabling operations in austere areas while retaining the safety, cost and range benefits of a fixed-wing aircraft.

    Electra's EL9 will transform military aviation for last mile logistics, mobile power generation and emergency response.

    Lockheed Martin, a global defense technology company, will collaborate with Electra to explore ways to accelerate the development of the EL9 in areas including digital engineering, manufacturing, supply chain, sustainment, and global business development.

    Additionally, the Skunk Works and Electra teams will assess opportunities for potential programs of record with the U.S. Department of Defense and global customers.

    The Electra EL9 will transform commercial and military aviation for applications including last mile logistics, mobile power generation and emergency response. The Ultra-STOL EL9 can quietly take off and land in 150 feet and from unimproved surfaces, enabling operations in austere areas while retaining the safety, cost and range benefits of a fixed-wing aircraft. The EL9's ability to carry 1,000 lbs. over 1,000 miles enables an array of novel use cases for commercial and defense users.

    "Lockheed Martin's breadth of manufacturing, supply chain and military customer expertise is the perfect complement to Electra's EL9 commercialization strategy," said Marc Allen, CEO of Electra. "This relationship will accelerate our speed to market to bring the EL9's transformative capabilities to our military customers."

    "Electra has driven significant innovation in the hybrid-electric space, and we're excited to collaborate with them to accelerate their development," said OJ Sanchez, vice president and general manager at Lockheed Martin Skunk Works®.

    The agreement deepens the strategic relationship between Lockheed Martin and Electra. In 2022, Lockheed Martin Ventures signed a strategic cooperation agreement to invest in Electra's Series A funding round.

    About Lockheed Martin

    Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at www.lockheedmartin.com.

    About Electra

    Electra.aero, Inc. (Electra) is an advanced aerospace company building hybrid-electric Ultra Short aircraft that achieve never-before performance advantages to fly people and cargo seamlessly without airports, emissions, or noise. With the Ultra Short, Electra is pioneering Direct Aviation, the next level of connectivity that brings air travel closer to where we live, work, and play. Electra's Ultra Short technology delivers 2.5X the payload and 10X longer range with 70% lower operating costs than helicopters and eVTOLs with significantly greater safety and far less certification risk.

    Electra's team includes some of the most respected and successful entrepreneurs and engineers in novel aircraft design, with over 40 prior aircraft successfully developed and/or certified. Electra's contracted customers include NASA, the U.S. Air Force, the U.S. Army, and the U.S. Navy, along with over 2,200 aircraft under Letters of Intent from 50+ commercial customers, including both airlines and helicopter operators.

    Media Contact:

    [email protected]

    Electra's CEO Marc Allen and Lockheed Martin Skunk Works' VP and General Manager OJ Sanchez sign a Memorandum of Understanding on the floor of the Paris Air Show 2025.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-and-electra-expand-collaboration-to-accelerate-el9-ultra-stol-commercialization-302485852.html

    SOURCE Electra.aero

    Get the next $LMT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $LMT

    DatePrice TargetRatingAnalyst
    4/23/2025$540.00Neutral → Outperform
    Robert W. Baird
    4/16/2025$575.00Equal-Weight → Overweight
    Morgan Stanley
    3/27/2025$550.00 → $480.00Outperform → Sector Perform
    RBC Capital Mkts
    3/24/2025$685.00 → $485.00Buy → Neutral
    BofA Securities
    3/24/2025Buy → Hold
    Melius
    1/14/2025$579.00Buy
    Truist
    1/2/2025$611.00 → $523.00Buy → Hold
    Deutsche Bank
    9/3/2024$704.00Hold → Buy
    Melius
    More analyst ratings

    $LMT
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Lockheed Martin and Electra Expand Collaboration to Accelerate EL9 Ultra-STOL Commercialization

      PARIS, June 19, 2025 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE:LMT) and Electra.aero, Inc. ("Electra") signed a Memorandum of Understanding to explore opportunities for Electra's EL9 ultra-short takeoff and landing (Ultra-STOL) aircraft. Electra's EL9 will transform military aviation for last mile logistics, mobile power generation and emergency response.Lockheed Martin, a global defense technology company, will collaborate with Electra to explore ways to accelerate the development of the EL9 in areas including digital engineering, manufacturing, supply chain, sustain

      6/19/25 3:00:00 AM ET
      $LMT
      Military/Government/Technical
      Industrials
    • Lockheed Martin Unveils Groundbreaking C-130J Super Hercules Performance Results

      PARIS, June 18, 2025 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) continues to revolutionize the future of tactical airlift with the C-130J Super Hercules and today announced a major breakthrough in wing structure testing that greatly exceeded expectations, by validating the extended wing life of the C-130J and structural superiority of the center wing box. After a rigorous testing program, the C-130J's wing structure has proven to offer nearly 40% more lifespan compared to initial estimates and nearly twice the specification design life. The test result demonstrated a significa

      6/18/25 7:59:00 AM ET
      $LMT
      Military/Government/Technical
      Industrials
    • Lockheed Martin's AI Fight Club™ Puts AI to the Test for National Security

      Challengers across industry will face off in head-to-head battles simulating real-world scenarios Initiative creates a virtual environment, aligned to DOD standards, to test and develop the best AI systems for defense applications BETHESDA, Md., June 3, 2025  /PRNewswire/ -- Lockheed Martin (NYSE:LMT) is pioneering a competitive environment designed to accelerate the testing and operational deployment of artificial intelligence to support warfighters in their missions. Lockheed Martin's AI Fight Club™ is a comprehensive testing ground to simulate how AI systems perform in air, land, sea, and space domains. "There has never been a more important time to prove wh

      6/3/25 1:30:00 PM ET
      $LMT
      Military/Government/Technical
      Industrials

    $LMT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Lockheed Martin upgraded by Robert W. Baird with a new price target

      Robert W. Baird upgraded Lockheed Martin from Neutral to Outperform and set a new price target of $540.00

      4/23/25 8:12:04 AM ET
      $LMT
      Military/Government/Technical
      Industrials
    • Lockheed Martin upgraded by Morgan Stanley with a new price target

      Morgan Stanley upgraded Lockheed Martin from Equal-Weight to Overweight and set a new price target of $575.00

      4/16/25 9:02:12 AM ET
      $LMT
      Military/Government/Technical
      Industrials
    • Lockheed Martin downgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts downgraded Lockheed Martin from Outperform to Sector Perform and set a new price target of $480.00 from $550.00 previously

      3/27/25 8:08:44 AM ET
      $LMT
      Military/Government/Technical
      Industrials

    $LMT
    SEC Filings

    See more
    • SEC Form SD filed by Lockheed Martin Corporation

      SD - LOCKHEED MARTIN CORP (0000936468) (Filer)

      5/28/25 4:37:28 PM ET
      $LMT
      Military/Government/Technical
      Industrials
    • Lockheed Martin Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - LOCKHEED MARTIN CORP (0000936468) (Filer)

      5/9/25 4:59:21 PM ET
      $LMT
      Military/Government/Technical
      Industrials
    • SEC Form PX14A6G filed by Lockheed Martin Corporation

      PX14A6G - LOCKHEED MARTIN CORP (0000936468) (Subject)

      5/8/25 12:50:19 PM ET
      $LMT
      Military/Government/Technical
      Industrials

    $LMT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New insider Scott Evan T claimed ownership of 886 shares (SEC Form 3)

      3 - LOCKHEED MARTIN CORP (0000936468) (Issuer)

      4/25/25 4:44:56 PM ET
      $LMT
      Military/Government/Technical
      Industrials
    • SEC Form 4 filed by Director Burritt David B

      4 - LOCKHEED MARTIN CORP (0000936468) (Issuer)

      4/2/25 6:17:24 PM ET
      $LMT
      Military/Government/Technical
      Industrials
    • SEC Form 4 filed by Director Donovan John

      4 - LOCKHEED MARTIN CORP (0000936468) (Issuer)

      4/2/25 6:17:26 PM ET
      $LMT
      Military/Government/Technical
      Industrials

    $LMT
    Leadership Updates

    Live Leadership Updates

    See more
    • ISS and Glass Lewis Join ADL and JLens in Recommending AGAINST Anti-Israel Shareholder Proposals at Intel, General Dynamics and Lockheed Martin

      Reiterates Call for Shareholders to Reject Proposals Motivated by Antisemitic Boycott, Divestment and Sanctions (BDS) Movement ADL (Anti-Defamation League) and its affiliate, Jlens, welcome the decisions of the two leading independent proxy advisory firms, Institutional Shareholder Services ("ISS") and Glass, Lewis & Co. ("Glass Lewis"), to recommend that investors vote AGAINST anti-Israel shareholder proposals at the upcoming annual meetings of Intel Corporation (NASDAQ:INTC), General Dynamics (NYSE:GD) and Lockheed Martin Corporation (NYSE:LMT). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250505942003/en/ ADL and its Regist

      5/5/25 8:00:00 AM ET
      $GD
      $INTC
      $LMT
      Marine Transportation
      Industrials
      Semiconductors
      Technology
    • Lockheed Martin Names New General Counsel

      BETHESDA, Md., Dec. 3, 2024 /PRNewswire/ -- The Board of Directors at Lockheed Martin (NYSE:LMT) named Kevin O'Connor as the corporation's new senior vice president, general counsel and corporate secretary. Effective Jan. 13, O'Connor will succeed Maryanne Lavan, who plans to retire. O'Connor most recently served as senior vice president and chief legal officer for Carrier. "Kevin is a proven leader who brings insight, expertise, and a shared commitment to our 21st Century Security® vision. I look forward to working with him as we continue to prioritize strong governance and d

      12/3/24 4:15:00 PM ET
      $LMT
      Military/Government/Technical
      Industrials
    • Lockheed Martin Welcomes Egypt to the C-130J Super Hercules Fleet

      EL ALAMEIN, Egypt, Sept. 5, 2024 /PRNewswire/ -- The Egyptian Armed Forces announced today at the Egypt International Air Show that Lockheed Martin (NYSE: LMT) will deliver two C-130J-30 Super Hercules tactical airlifters to the Egyptian Air Force (EAF) through a Foreign Military Sale (FMS) with the U.S. Air Force. Egypt is the 23rd nation to join the worldwide Super Hercules operating community. Egypt is the 23rd nation to join the Super Hercules fleet with the acquisition of two C-130J-30 tactical airlifters.As the most advanced and proven tactical airlifter in the world, th

      9/5/24 10:15:00 AM ET
      $LMT
      Military/Government/Technical
      Industrials

    $LMT
    Financials

    Live finance-specific insights

    See more
    • Lockheed Martin Declares Second Quarter 2025 Dividend

      BETHESDA, Md., May 9, 2025 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE:LMT) board of directors has authorized a second quarter 2025 dividend of $3.30 per share. The dividend is payable on June 27, 2025, to holders of record as of the close of business on June 2, 2025. About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready

      5/9/25 4:30:00 PM ET
      $LMT
      Military/Government/Technical
      Industrials
    • Amentum Announces Agreement to Divest its Rapid Solutions Product Business for $360 Million

      Amentum (NYSE:AMTM) today announced it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Lockheed Martin (NYSE:LMT) for $360 million in cash. The transaction, which is subject to customary regulatory approvals and closing conditions, will advance Amentum's strategy as a pure-play provider of technology-enabled solutions and accelerates its debt reduction objectives. "The divestiture of Rapid Solutions sharpens Amentum's focus on mission critical services and reinforces our position as a global pure-play provider of advanced engineering and technology-enabled solutions." said Adam Harrison, Senior Vice President of Strategy and Corporate

      4/23/25 8:00:00 AM ET
      $AMTM
      $LMT
      Military/Government/Technical
      Industrials
    • Lockheed Martin Reports First Quarter 2025 Financial Results

      Sales increased 4% to $18.0 billionNet earnings of $1.7 billion, or $7.28 per shareCash from operations of $1.4 billion and free cash flow of $955 millionReturned $1.5 billion of cash to shareholders through dividends and share repurchasesReaffirms 2025 financial outlookBETHESDA, Md., April 22, 2025 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported first quarter 2025 sales of $18.0 billion, compared to $17.2 billion in the first quarter of 2024. Net earnings in the first quarter of 2025 were $1.7 billion, or $7.28 per share, compared to $1.5 billion, or $6.39 per share, in the first quarter of 2024. Cash from operations was $1.4 billion in the first quarter of 2025, compa

      4/22/25 7:29:00 AM ET
      $LMT
      Military/Government/Technical
      Industrials