Lockheed Martin Secures Integrated Fires Protection Capability 2nd Interceptor Project Agreement

On October 16 2025, the U.S. Army awarded Lockheed Martin Corporation (NYSE: LMT) an Integrated Fires Protection Capability (IFPC) 2nd Interceptor Other Transaction Authority (OTA) Project Agreement. The contract is intended to strengthen the Army’s air and missile defense portfolio by integrating advanced interceptor technology into the IFPC system.

Key Terms of the Agreement

  • Project Scope – The OTA will facilitate the development, testing, and fielding of a second‑generation interceptor that enhances the IFPC’s capability to counter a broad spectrum of aerial threats.
  • Partnership Duration – The agreement solidifies a long‑term partnership between Lockheed Martin and the U.S. Army, emphasizing ongoing collaboration on Integrated Air and Missile Defense (IAMD) solutions.
  • Strategic Impact – By investing in IAMD capabilities, Lockheed Martin aims to meet evolving operational requirements and maintain its position as a leading provider of advanced defense technology.

Market Reaction

The announcement was covered by multiple financial news outlets, including Lockheed Martin’s own newsroom, marketscreener.com, and feedburner.com. While the article did not provide specific financial details of the OTA contract, the agreement is expected to contribute positively to Lockheed Martin’s revenue stream and reinforce investor confidence in the company’s defense‑industry focus.

Contextual Information

Lockheed Martin is a major player in the aerospace and defense sector, listed on the New York Stock Exchange. As of the close on October 16 2025, its share price stood at USD 495.15, with a 52‑week high of USD 618.95 and a low of USD 410.11. The company’s market capitalization exceeds USD 118 540 000 000, and its price‑earnings ratio is 28.03.

The OTA agreement aligns with Lockheed Martin’s broader strategy of developing integrated systems for space, telecommunications, electronics, information services, aeronautics, energy, and systems integration. It also supports the company’s commitment to providing advanced technology services that address national security needs.

Conclusion

The IFPC 2nd Interceptor OTA Project Agreement represents a significant step for Lockheed Martin in enhancing U.S. Army air and missile defense capabilities. The partnership underscores the company’s ongoing investment in integrated defense solutions and reinforces its role as a key supplier to the U.S. military.