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Lockheed Martin ( NYSE: LMT) shares may face an extended period of stagnation because of continued challenges with its ...
The Senate Armed Forces Committee has sought an increase in the Pentagon's budget in order to increase the shipbuilding ...
Facing budget constraints and shifting priorities, the US military significantly reduced F-35 orders, impacting Lockheed Martin’s stock and signaling a potential pivot toward next-gen fighter ...
Lockheed Martin faces risks from F-35 program cuts, increased competition, and heavy reliance on U.S. defense spending. Learn more about LMT stock here.
Lockheed Martin booked a $250 million contract modification to produce the F-35 aircraft's logistics information system and ...
The Pentagon has denied Wisconsin's $18 million grant application for noise mitigation funding to address F-35 fighter jet noise affecting Madison residents, while simultaneously cutting Lockheed ...
Shares of defense prime contractor Lockheed Martin fell early Wednesday on concerns the Air Force isn’t ordering as many F-35 fighter jets. Lockheed stock lost 4.3% on Wednesday, closing at $456 ...
Lockheed Martin delivered 110 F-35 jets globally in 2024. The F-35 program represents about 30% of the company's total revenue, making the reduced order a potentially meaningful headwind.
The Royal Air Force will add 12 F-35A conventional take-off and landing aircraft, signaling its adoption of NATO’s dual ...
Lockheed Martin Corporation LMT recently clinched a modification contract involving the F-35 Lightning II fighter aircraft program.
The budget proposed cutting the Pentagon's planned procurement of Lockheed's F-35 fighter jets, which is the company's flagship program, to 47 from 68 in Biden's fiscal 2025 request – a 31% drop.
Canada's Prime Minister Mark Carney said on Wednesday that a review of the country's plan to order U.S. F-35 fighter jets from Lockheed Martin would be complete by the end of summer. Carney in March ...