Lockheed Martin, Avio Collaborate on Solid Rocket Motor Production

MT newswire2026/10/13 18:11

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

02:11 PM EDT, 10/13/2026 (MT Newswires) -- Lockheed Martin (LMT) has entered into a strategic cooperation agreement with aerospace firm Avio USA for the production of solid rocket motors, the companies said Tuesday. The collaboration will initially focus on solid rocket motors for the Extended Range GMLRS and the Precision Strike Missile programs, to be produced at Avio's new facility in Hurt, Virginia, according to a statement. Financial terms of the collaboration were not disclosed. Price: 505.72, Change: -6.16, Percent Change: -1.20

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Yardeni Research has lowered its year-end S&P 500 target to 7,900 points and reduced its valuation target to 18.6 times, mainly due to risk-off sentiment suppressing valuations rather than deteriorating earnings. Despite facing risk aversion and policy risks, Yardeni remains optimistic about corporate earnings and the medium-to-long-term economy, viewing pullbacks as buying opportunities.

华尔街见闻•2026/10/15 13:26