January 2, 2026
Finance

Lockheed Martin and Boeing Secure Major Pentagon Contracts in Closing Months of 2025

Defense Spending Momentum Evident as U.S. Government Awards Sensor Systems and Helicopter Support Contracts

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Summary

As 2025 concluded, the U.S. Department of Defense awarded significant contracts to Lockheed Martin and Boeing, signaling ongoing robust defense expenditures. Lockheed Martin secured a $328.5 million contract to provide infrared targeting and sensor systems to Taiwan via the Foreign Military Sales program. Concurrently, Boeing received a $2.73 billion firm-fixed-price contract for post-production support of Apache helicopters extending through 2030. These contracts highlight continued government investment in strategic defense capabilities, alongside recent substantial awards to both companies in late 2025.

Key Points

Lockheed Martin received a $328.5 million undefinitized letter contract for infrared targeting and sensor hardware destined for Taiwan's Air Force under the Foreign Military Sales program.
The contract includes production and delivery of 55 Infrared Search and Track Legion Enhanced Sensor pods, to be completed by June 30, 2031, with initial funding of $157.3 million obligated.
Boeing was awarded a $2.73 billion firm-fixed-price contract to provide post-production support for Apache helicopters, contract duration through December 31, 2030.
Additional December Pentagon contracts include Boeing’s $8.6 billion F-15 program contract for Israel and a $2 billion B-52 engine replacement contract, while Lockheed Martin’s existing contract value increased from $15 billion to $25 billion.

In the final quarter of 2025, the U.S. Department of Defense reinforced its procurement activity by issuing substantial contracts to major defense contractors Lockheed Martin Corporation and Boeing Company. These awards reflect consistent momentum in defense spending aimed at enhancing critical military capabilities both overseas and domestically.

Lockheed Martin's Taiwan Sensor Systems Contract

Lockheed Martin Corporation was granted an undefinitized letter contract valued at $328.5 million to deliver infrared targeting and sensor hardware systems intended for Taiwan under the Foreign Military Sales (FMS) program. This contract stipulates the production and delivery of 55 Infrared Search and Track Legion Enhanced Sensor pods, alongside ancillary equipment, designed to fulfill urgent operational requirements of the Taiwan Air Force.

The technical work supporting this contract is scheduled to take place at Lockheed Martin’s facilities in Orlando, Florida. The completion timeline has been set for June 30, 2031, indicating a multi-year engagement. At the outset, $157.3 million of Foreign Military Sales funds have been obligated to kickstart production and initial deliveries.

Boeing’s Apache Helicopter Support Engagement

Parallel to Lockheed Martin's order, Boeing secured a $2.73 billion firm-fixed-price contract that obligates the company to provide comprehensive post-production support services for the Apache helicopter platform. This contract extends through December 31, 2030, encompassing a wide scope of sustainment activities that ensure operational readiness and longevity of the Apache fleet.

Specific details regarding work locations and funding allocations for each order will be determined on an order-by-order basis during the contract period, providing flexibility in support execution.

Additional Pentagon Contracts in December 2025

These new contracts with Lockheed Martin and Boeing follow a series of significant Pentagon awards in December 2025. Boeing was awarded an $8.6 billion contract pertaining to the F-15 program for Israel, a deal that was finalized after diplomatic engagement involving former U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu.

Additionally, Boeing secured a $2 billion contract related to the commercial engine replacement program for the B-52 bomber, further underscoring the company’s strong positioning in U.S. defense contracts. Lockheed Martin experienced a substantial expansion of an existing contract, which saw its value increase from $15 billion to $25 billion, indicative of ongoing procurement momentum.

Market Reaction and Stock Performance

Following the announcement of these contracts, Boeing's shares experienced a modest uptick of 0.66%, trading at approximately $218.56 during premarket hours, as reported by Benzinga Pro data. Conversely, Lockheed Martin shares experienced a slight decrease of 0.10%, reflecting a marginal market adjustment.

Conclusion

The sizable inbound contracts awarded to Lockheed Martin for Taiwan's sensor systems and to Boeing for Apache helicopter support epitomize continued U.S. governmental commitment to defense readiness. The extended timelines and substantial contract values further reinforce the strategic importance of these programs. Furthermore, the recent awards to both corporations solidify their roles as key defense partners amid an environment of persistent and evolving global security challenges.

Risks
  • The undefinitized nature of Lockheed Martin’s contract may entail uncertainties in scope or final pricing until definitization.
  • Boeing’s Apache support contract has work locations and funding details to be determined per order, suggesting potential variability in contract execution.
  • Geopolitical sensitivities surround Foreign Military Sales to Taiwan, which could influence contract continuation or related defense priorities.
  • Stock market reactions suggest sensitivity to contract awards but also reflect broader market conditions influencing share price fluctuation.
Disclosure
Education only / not financial advice
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