The State Department has approved the possible sale of Lockheed's fast missile craft modernization estimated at $625 million ...
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 ...
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 ...
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 ...
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U.S. defense contractor Lockheed Martin Corporation has agreed to pay $29.74 million to settle allegations of defective pricing on contracts for F-35 military aircraft, the U.S. Justice Department ...
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.
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 ...
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 ...
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 ...