Executives drop some not-so-subtle clues.
Is Lockheed Martin building a secret new fighter jet that U.S. Air Force officials revealed last month?
Company executives dropped some not-so-subtle hints about the company’s growing backlog of classified military work, including one project that requires erecting a new building at its secretive Skunk Works facility in Palmdale, California. They also pointed to revenue growth within the company’s Aeronautics division, which includes the Advanced Development Programs shop that created the fabled U-2 and SR-71 spy planes and F-117 stealth attack jet.
“We do anticipate seeing strong double-digit growth at our Skunk Works — our classified Advanced Development Programs,” Lockheed CFO Ken Possenriede said during the company’s quarterly earnings call with Wall Street analysts. “We continue to execute on...recent awards.”