Amelia Earhart, already a world renowned pilot for being the first woman to perform a transatlantic crossing in an airplane, ...
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 ...
Lockheed said it expects to deliver between 170 and 190 F-35s in 2025. Its aeronautics business, which makes the jet, reported a 40% drop in operating profit in the fourth quarter.
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 ...
Security and Aerospace company Lockheed Martin (NYSE:LMT) will be announcing earnings results tomorrow before market hours. Here’s what to look for. Lockheed Martin missed analysts’ revenue ...
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