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Lockheed to Air Force: We'll Put a Laser on a Fighter Jet By 2021


Lockheed to Air Force: We'll Put a Laser on a Fighter Jet By 2021

The U.S. Air Force wants to put laser guns on fighter jets.

Lockheed Martin (NYSE: LMT) builds fighter jets -- including one, the F-35 Joint Strike Fighter, that boasts an engine big enough to power the biggest laser cannons the Pentagon has yet developed.

If this sounds like a match made in heaven to you...well, Lockheed Martin thinks so, too. That's why when the Air Force Research Lab (AFRL) announced it was looking for a defense contractor to build it a high-powered fiber laser, powerful and accurate enough to shoot down hostile missiles in flight but small enough to mount on a fighter jet, Lockheed Martin was first in line to volunteer its services.

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Source: Fool.com

Lockheed Martin Corp. Stock

€431.40
0.200%
Lockheed Martin Corp. gained 0.200% compared to yesterday.
We see a rather positive sentiment for Lockheed Martin Corp. with 8 Buy predictions and 1 Sell predictions.
As a result the target price of 476 € shows a slightly positive potential of 10.34% compared to the current price of 431.4 € for Lockheed Martin Corp..
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