US EditionWhat's Going On With Lockheed Martin Stock Friday? - Lockheed Martin (NYSE:LMT)
Peru’s order expands the F-16 fleet as Lockheed Martin said quarterly sales and earnings missed estimates but kept its 2026 guidance unchanged.
- On April 23, 2026, Lockheed Martin announced the Government of Peru will purchase 12 F-16 Block 70 aircraft while reporting first-quarter 2026 results that missed analyst expectations.
- Joining 29 other nations, Peru will operate the F-16, bringing the total number of operating nations to 30. The Peruvian Air Force fleet will be produced in Greenville, South Carolina.
- Vice President Mike Shoemaker of Lockheed Martin's Integrated Fighter Group stated, "We are proud that the most advanced F-16 ever produced will help protect Peru's national sovereignty." The acquisition reinforces a longstanding strategic partnership with the United States.
- Despite missing the $18.244 billion sales estimate, the firm reported $18.021 billion in first-quarter revenue with diluted EPS of $6.44 versus the $6.71 estimate. Full-year 2026 guidance remained unchanged at $77.5 billion to $80.0 billion in sales.
- Shares rose 0.26% to $531.17 on Friday, while Jefferies raised its price target to $640.00. Separately, the firm filed a mixed shelf prospectus for potential future securities offerings.
12 Articles
12 Articles
Lima. U.S. company Lock-heed Martin confirmed that Peru purchased 12 F-16 fighter aircraft to modernize its air fleet after the government paid a first fee of $462 million for the purchase.
Peru Makes First F-16 Payment Amidst Presidential Interference Row
Peru’s finance ministry announced Thursday that it had made the first payment for the country’s purchase of F-16 Block 70 fighters, amidst a growing controversy over interim President Jose Balcazar’s last-minute attempt to halt the purchase. In a statement, the finance ministry said the $462 million payment was the first milestone of the purchase. “The decision responds to compliance with contractual obligations validly assumed by the Peruvian S…
Being one of the most relevant points in carrying out the modernization of a combat fleet, the Peruvian Air Force will advance in the purchase of a KC-135 Stratotanker resupply aircraft, with the aim of ensuring operational compatibility and extending the scope of its future 24 Lockheed Martin F-16V fighters. [...] The ticket Together with the 24 F-16V, the Peruvian Air Force will advance in the purchase of a resupplyer KC-135 Stratotanker apare…
The Southern Command of the United States expressed its support for the agreement signed by Peru for the purchase of 12 F-16 Block 70 fighter aircraft. Through a publication on social network X, the institution congratulated the country on the decision, a message that was also disseminated by the U.S. Embassy on Peruvian territory. According to the military entity, the incorporation of these aircraft will improve the air defense capabilities of …
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