Missile Defense / Golden Dome

Stocks · key Fib levels

• #1

  LMTLockheed Martin Corporation

  $538.09last

  - fib
  anchored by US Department of Defense · US Air Force · US Navy · NASA · UK Ministry of Defence · Japan MoD · Poland MoD · Saudi Arabia (FMS)
  • ▸2026 Q1: Pentagon Lot 18-19 F-35 modification, ~$11.8B; 145 jets across US + FMS partners
  • ▸2026 Feb: Poland PAC-3 MSE follow-on, ~$1.2B (Ukraine-adjacent restock)
  • ▸2025 Dec: NGI (Next-Gen Interceptor) down-select win vs $RTX, ~$17B life-cycle ceiling through 2030s
  • ▸2025 Q3: Japan FMS - 105 F-35A + 42 F-35B awarded across multi-year LRIP envelope
  • ▸2025: HIMARS multi-year contract, ~$4.5B - Ukraine, Estonia, Australia, Poland deliveries
  • ▸2024: Orion crew vehicle Artemis IV-VI production contract, ~$4.6B through 2030
  • ▸Ongoing: GPS III + GPS IIIF - 10 SV constellation, sustainment through 2040s
• #2

  NOCNorthrop Grumman Corporation

  $524.00last

  - fib
  anchored by US Air Force · US Space Force · Missile Defense Agency · US Navy · NASA · Allied FMS (UK, Australia, Japan, Poland)
  • ▸2024-09: $7.0B Sentinel restructure award (USAF) - program continues post-Nunn-McCurdy review
  • ▸2024-12: $1.6B EAC charge on B-21 LRIP disclosed; production continues
  • ▸2025-03: NGI (Next-Gen Interceptor) downselect win vs Lockheed - $3.3B initial development award (MDA)
  • ▸2025-Q2: Starshield bus orders disclosed (undisclosed prime customer, gov constellation)
  • ▸2025-09: B-21 first production-representative airframe delivered to Edwards AFB for flight test
  • ▸2026-02: DoD FY26 PB requests +$3.2B for Sentinel, +$1.1B for B-21 procurement ramp
• #3

  LHXL3Harris Technologies, Inc.

  $250.46last

  - fib
  anchored by US Department of Defense · US Space Force · NASA · US Army · Lockheed Martin · Raytheon (RTX) · Northrop Grumman · UK Ministry of Defence · Australian Department of Defence
  • ▸**2024-Q3**: $919M USAF F-16 EW suite (Viper Shield) - international FMS backlog
  • ▸**2024**: SDA Tranche 2 Tracking Layer - 18 missile-warning satellites, ~$919M
  • ▸**2023-2024**: Aerojet Rocketdyne - $4.7B acquisition closed Jul-2023, GMLRS/PAC-3/SM-6 SRM sole-source
  • ▸**2024-Q2**: US Army HMS Manpack - $987M IDIQ ceiling, Falcon IV tactical radios
  • ▸**2024**: NASA Artemis - Orion crew module avionics + Lunar Gateway HALO subsystems
  • ▸**2023**: USSF Resilient GPS - competitive prime selection vs $LMT, $NOC
  • ▸**2024-Q4**: AUKUS undersea - Australian sovereign radio production line announced
• #4

  RTXRTX Corporation

  $193.54last

  - fib
  anchored by US Department of Defense · Boeing · Airbus · Lockheed Martin · Foreign Military Sales (Germany, Poland, Saudi, Japan)
  • ▸2026 Q1: $5.2B Patriot multi-year contract for US Army + 4 allied nations (Germany, Romania, Netherlands, Poland)
  • ▸2025 Q4: $1.3B SM-3 Block IIA production lot, Missile Defense Agency
  • ▸2025 Q4: $3.4B F135 sustainment award for $LMT F-35 fleet (P&W)
  • ▸2025 Q3: $1.15B AIM-120 AMRAAM multi-year, US Air Force + FMS
  • ▸2025 Q2: $2.0B LTAMDS (next-gen Patriot radar) Lot 2 production
  • ▸2025 Q1: GTF powder-metal fleet management plan finalized - ~$6-7B aggregate charge, AOG peak ~350 aircraft
  • ▸2024 Q4: $1.2B NASAMS expansion for Ukraine + European allies (Kongsberg JV)

Co-movement matrix (252d)