Lockheed Martin Corp. (NYSE:LMT) shares are up during Friday’s premarket session as the company celebrates the Government of Peru’s decision to purchase 12 new F-16 Block 70 aircraft, enhancing its national defense capabilities.
Separately, Lockheed Martin also filed a mixed shelf prospectus, allowing it to potentially offer a range of securities at a later date. The company did not disclose the size, timing, or specific terms of any future offering.
Strategic Defense Partnership
This move is seen as a significant step in strengthening U.S.-Peru relations, while the stock’s rise coincides with broader market gains, with the Nasdaq rising 1.34% on Thursday.
The acquisition of the F-16 Block 70 aircraft marks a pivotal moment for the Peruvian Air Force, reinforcing its fighter fleet transformation and solidifying a strategic partnership with the United States.
Lockheed Martin’s Vice President highlighted that this collaboration fosters economic growth for all involved, as Peru joins a global fleet of over 2,800 F-16s.
Lockheed Martin Quarterly Results
The firm also reported first-quarter 2026 results on Thursday. Sales were $18.021 billion, below the $18.244 billion estimate, and diluted EPS of $6.44 missed the
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