Lockheed Martin Wins $3 Billion U.S. Military Sentinel A4 Radar Contract
Miles Bennett
Lockheed Martin (LMT) secured a $3 billion fixed-price contract from the U.S. Army to produce the Sentinel A4 radar system; the deal runs through 2031, locking in a sizable, multi-year revenue stream for the company's defense unit.
What exactly is the Army buying?
The contract covers production of the Sentinel A4 radar system and related engineering work.
Sentinel A4 is the Army's air-defense radar program, designed to detect and track airborne threats.
This means → Lockheed is not filling a one-off purchase order but delivering a full production-plus-engineering package.
How is the contract structured?
It is a fixed-price incentive, no-cost-fee contract worth $3 billion.
In plain terms = the price is capped at $3 billion — Lockheed cannot bill the Army for overruns, but stands to earn incentive payments by keeping costs down.
Planned completion is June 29, 2031; specific work locations and funding will be set order by order.
What does this mean for Lockheed Martin?
The contract was awarded by the U.S. Army Contracting Command — a major, long-cycle defense order.
This means → Lockheed has locked in roughly six years of predictable revenue, reinforcing its defense-backlog visibility.
This reflects the Army's continued commitment to Lockheed's technology path for air-defense radar modernization.
Content is for reference only, not financial advice.