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LMT Stock Gains Premarket: Lockheed Martin Reveals New Counter-Drone Weapon, Cheaper Missile Interceptor

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  1. Lockheed Martin unveiled the MORFIUS X-Rotor counter-drone weapon, which uses high-power microwaves to disable drones.

  2. The company also introduced the PAC-3 ACE missile interceptor, a cheaper alternative for missile defense.

  3. LMT stock rose in premarket trading following the announcement of these new systems.

  4. The MORFIUS X-Rotor is designed for mobile deployment against drone swarms.

  5. PAC-3 ACE aims to reduce costs compared to existing interceptor missiles.

15h ago · original ↗
LMT Stock Gains Premarket: Lockheed Martin Reveals New Counter-Drone Weapon, Cheaper Missile Interceptor · in5points