PRNewsWire
10 Aug 2026, 20:45 UTC · 1h ago
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Lockheed Martin successfully completed a static-fire test of the Stage 2 motor for the Next Generation Interceptor (NGI) program. — Successful technical milestones reduce program risk and increase the likelihood of continued funding and eventual deployment for LMT and partner L3Harris.
+0.30The NGI program is targeting fielding by 2030. — Provides a clear timeline for revenue realization and deployment, though the long horizon limits immediate price volatility.
+0.10The test results will directly inform the final interceptor design and accelerate integration with the Ground-Based Midcourse Defense architecture. — Indicates the project is moving toward the Critical Design Review (CDR) phase, reducing the probability of costly redesigns.
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The company announced a successful static-fire test for the NGI program and reported a massive $53.86 billion contract modification.
The company's Stage 2 motor successfully completed key performance tests for the NGI program.
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