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HENSOLDT reaffirmed its €6 billion 2030 revenue ambition and set a €10 billion target for 2035, backed by a €10.4 billion order backlog and plans to expand production capacity. Its approximately €110 billion 2027–2032 pipeline is unweighted—not awarded or guaranteed demand—while first MDOcore customer orders are expected from 2027.
Lockheed Martin raised its 2026 sales, earnings and free-cash-flow forecasts after third-quarter sales grew 11% and backlog reached a record $292 billion, including $52.5 billion tied to a multiyear PAC-3 MSE interceptor award. A finalized 10-year F-35 framework covers at least 850 U.S. aircraft and $7 billion in industrial-base investments, while unresolved authorization and funding for F-35 Lot 20 advance acquisition could affect future production and cash flow.
The Department of Defense and BAE Systems agreed to a framework supporting purchases of up to 25,000 APKWS guidance kits annually for as long as seven years, with a potential increase to 35,000 for allied demand. The framework is not a funded multiyear contract or delivery award: congressional approval and funding are required, and contract terms remain under negotiation.