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Why Did Lockheed Martin Stock Drop Today?

The Motley Fool·
Why Did Lockheed Martin Stock Drop Today?

Lockheed Martin stock dropped 2.7% despite positive news about a partnership with Saildrone to mount Lockheed-built missiles on autonomous drone boats. The collaboration, demonstrated at RIMPAC 2026 naval exercises, represents a new market entry for Lockheed in naval weapons systems, with plans to expand to larger vessels carrying vertical launch missiles and sonar systems.

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