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Lockheed Martin stock: hypersonic contract puts Air-Launched Rapid Response Weapon in focus Lockheed Martin (LMT) just secured a US$694 million U.S. Air Force contract to produce the Air-Launched Rapid Response Weapon, putting fresh attention on the stock as hypersonic spending draws investor interest. Recent trading has been choppy for Lockheed Martin, with the share price down 11.83% over the past week and 5.13% over 90 days, even after an 11.28% 30 day share price gain and a 14.08% year to date return. That short term pullback contrasts with a 28.67% 1 year total shareholder return and a 90.14% 5 year total shareholder return.
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