Lockheed Martin (LMT) was awarded a $383.14M cost-plus- incentive-fee and cost-plus-fixed-fee modification to a previously awarded and announced contract for Trident II Life Extension 2 SSP ...

Lockheed Martin’s (NYSE:LMT) stock fell 9.2% on Tuesday after the aerospace and defense company reported a steep decline in net income on disappointing sales. It also booked charges on ...

Glimpses of China's next-generation fighter jet don't worry just the Pentagon. One Wall Street analyst says the emergence of the jet prototypes could hurt Lockheed Martin — the maker of the ...

An executive order from Trump threatens to punish contractors that promote diversity, equity and inclusion. D.C.-area defense and government contractors are hastily dismantling or scaling back ...

Kevin Carter / Getty Images Defense contractors RTX and Lockheed Martin posted differing results and guidance, sending shares in opposite directions. RTX beat profit and sales forecasts ...

By Utkarsh Shetti and Mike Stone (Reuters) -Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples with the delayed rollout of ...

11:33 EST Lockheed says has been advocating for systemic change in defense industry Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.

WASHINGTON — Higher than expected engineering costs and other difficulties forced Lockheed Martin to book $2 billion in losses on two classified programs in 2024, with a $1.7 billion hit ...

Shares were last down 7.6% on the day. The F-35 is the most expensive U.S. defense program and easily Lockheed's biggest revenue generator, contributing about 30%. Lockheed has been navigating ...

The Pentagon’s fleet of F-35 fighter jets may not receive the full, combat-ready version of the TR-3 upgrade this year, Lockheed Martin executives acknowledged today. Lockheed still has work to ...