Lockheed Martin signs $2.25 billion 364-day credit facility and extends $3.0 billion revolver
Lockheed Martin entered a new $2.25 billion 364-day unsecured revolving credit facility on August 24, 2026, replacing a prior 364-day facility dated December 5, 2025, with no borrowings made at closing. It also extended its existing $3.0 billion 5-year revolving credit agreement by one year, to August 24, 2031. The filing describes committed backup liquidity rather than new debt drawn, and it does not state any change to the company's financial results.
Key points
- New 364-day revolving credit facility of $2.25 billion, dated August 24, 2026; no borrowings made at closing
- Facility matures August 23, 2027, with an option to convert outstanding borrowings into a one-year term loan for a fee of 0.50%
- 5-year $3.0 billion revolving credit agreement extended from August 24, 2030 to August 24, 2031
- Term SOFR margin ranges from 0.585% to 1.085%, based on senior unsecured credit ratings
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.