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Story summary
- Lockheed Martin shares rose after the Pentagon announced a profit-sharing deal to increase THAAD and Patriot interceptors.
- Lockheed's 2026 revenue forecast is $77.5 billion to $80 billion, above estimates.
- Lockheed plans to boost THAAD production from 96 to 400 units and Patriot PAC-3 output from 600 to 2,000.
- James Taiclet stated that profits would be shared with the U.S. government through reinvestment ahead of the May 12, 2026 shareholder meeting.
