Lockheed Martin Corp.'s announcement late Friday that it will add 300 high-paying jobs in Titusillle to support an extended Trident ballistic missile producton contract with the U.S. Navy is the ...

Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior.

All three U.S. stock indexes closed lower on Friday after President Donald Trump said he plans to announce reciprocal tariffs on many countries next week, following weak jobs and consumer ...

Geopolitical tensions have surged, driving defense budgets up and benefiting companies like Lockheed Martin, which I rate as a buy for its project backlog. Lockheed Martin's reliance on government ...

ORLANDO, Fla., Jan. 22, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has received a $270 million contract from the U.S. Air Force to integrate a system of next-generation infrared defensive ...

Lockheed Martin saw a significant price drop due to unmet Q3 expectations and issues with the F-35 program, but remains a strong buy. LMT's robust contracts, including a $3.2 billion deal with the ...

Truist Securities analyst Michael Ciarmoli initiates coverage on Lockheed Martin with a Buy rating and a $579 price target. Ciarmoli also initiates coverage on Northrup Grumman with a Buy rating ...

Lockheed Martin announced on Jan. 22, 2025, that it has been awarded a $270 million contract from the U.S. Air Force to integrate a system of next-generation infrared defensive sensors on the F-22 ...

Truist analyst Michael Ciarmoli initiated coverage of Northrop Grumman Corp. NOC and Lockheed Martin Corp LMT with buy ratings because recent drops in their stock prices present a buying opportunity.

The test, conducted at Ørland Main Air Station in Norway, reportedly used a 60/40 (traditional / SATF) blend of fuels, though Lockheed Martin has certified up to a 50/50 blend. Norway is ...

Defence giant Lockheed Martin has moved to limit the business risks posed by technically complex and competitive government contracts for new military hardware. Speaking during a quarterly ...