What Happened
New Defense Technologies Draw Focus Amid Share Price Slippage
Lockheed Martin has unveiled several new defense technologies, including its AI-driven NetSense drone detection system and progress on next-generation missile interceptors. Despite recent product updates and contract news, the company’s share price has slipped. However, a 16.70% 1-month share price return and 19.45% year-to-date share price return suggest momentum has been building over time. According to Simply Wall St, Lockheed Martin’s shares may be 12% undervalued.