Lockheed Martin said on Wednesday it had secured contracts worth a combined $153 million for defense-related projects, expanding its backlog of orders from the U.S. government.
The contracts, awarded by the U.S. Department of Defense, cover a range of programs including missile defense systems, advanced radar technologies and logistical support services. Specific program details were not disclosed.
The awards underscore the company’s role as a key supplier to U.S. military and intelligence agencies, reinforcing its long-term revenue visibility amid steady government spending on national security. Lockheed Martin’s backlog of orders now exceeds $150 billion, reflecting sustained demand for its platforms and systems.
The latest contracts follow recent procurement announcements from the Pentagon, which has emphasized modernizing its arsenal and expanding capabilities in response to evolving global threats. The company’s shares were up 0.7% in pre-market trading on the news.
