This is a routine contract modification for an existing production program. Monitor for follow-on awards or larger VLS-related contracts, but this specific modification has no material impact on Lockheed Martin's financials.
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Executive Summary
Lockheed Martin received a $73.7 million contract modification from the Department of Defense for MK 41 Vertical Launching System production. The award represents approximately 0.1% of the company's annualized revenue, making it a routine, low-impact event.
Key Financial Metrics
Key Facts
- Contract modification N0002423C5325 (Mod P00016) awarded to Lockheed Martin Corporation
- Obligation amount: $73,681,471.96
- Awarding agency: Department of Defense
- Description: MK 41 VLS PRODUCTION
- Award represents ~0.1% of Lockheed Martin's annualized revenue of $72.1 billion
Financial Impact
$73.7 million modification, approximately 0.1% of annualized revenue
Risk Factors
- Contract modifications are routine and do not indicate new business wins
- Award size is immaterial relative to company revenue
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-N0002423C5325 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Press Release | $625.19 | awaiting T+20 | — | $622.99 (−0.35%) |
Oct 26, 2026 2d ago | GOVT-CONTRACT | $635.08 | awaiting T+20 | — | $622.99 (−1.90%) |
Oct 23, 2026 4d ago | 144 | $635.20 | awaiting T+20 | — | $622.99 (−1.92%) |
Oct 23, 2026 5d ago | GOVT-CONTRACT | $635.20 | awaiting T+20 | — | $622.99 (−1.92%) |
Oct 22, 2026 5d ago | 8-K | $589.91 | awaiting T+20 | — | $622.99 (+5.61%) |
Oct 22, 2026 6d ago | GOVT-CONTRACT | $604.18 | awaiting T+20 | — | $622.99 (+3.11%) |
Oct 15, 2026 12d ago | Press Release | $532.64 | awaiting T+20 | — | $622.99 (+16.96%) |
Oct 14, 2026 14d ago | GOVT-CONTRACT | $532.64 | awaiting T+20 | — | $622.99 (+16.96%) |
Oct 13, 2026 15d ago | GOVT-CONTRACT | $522.23 | awaiting T+20 | — | $622.99 (+19.29%) |
Sep 21, 2026 5w ago | Press Release | $522.34 $548.71 | ▲ +5.05% | ▲ +5.61% | $622.99 (+19.27%) |
US Market Status
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