Lockheed Martin Surges to 130th in Trading Volume with $10.55 Billion in Shares Traded

Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:46 pm ET1min read

On May 30, 2025,

(LMT) saw a significant surge in trading volume, with a total of $10.55 billion in shares traded, marking a 162.18% increase from the previous day. This surge placed at the 130th position in terms of trading volume for the day. The stock price of LMT also rose by 1.83%, marking the second consecutive day of gains and a total increase of 2.64% over the past two days.

On May 28, Lockheed Martin Corporation secured a $509.76 million contract modification from the U.S. Air Force. This contract is for the development of GPS III Follow-On Space Vehicles 21 and 22, bringing the total contract value to $4.1 billion. The contract focuses on advanced anti-jamming and anti-spoofing M-code technology, which is designed to enhance secure access to military GPS signals for U.S. and allied armed forces.

This contract builds on Lockheed Martin's ongoing work with GPS III satellites, which has demonstrated rapid development capabilities. In mid-December, SpaceX launched Lockheed's seventh GPS III satellite, known as Rapid Response Trailblazer (RRT-1), after significantly reducing the pre-launch planning period from two years to less than five months. The upcoming launch of the eighth GPS III satellite is expected to further reduce this timeline to just three months.

Lockheed Martin is also expanding its international defense partnerships. The company has been selected to collaborate with Vrgineers, a Czech-based virtual and mixed-reality technology firm, as part of an industrial cooperation project for the Czech Republic’s purchase of F-35 Lightning II aircraft. This collaboration underscores Lockheed Martin's commitment to innovation and its leadership in the aerospace and defense sectors.

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