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 ...

Lockheed Martin is down 4.9% since the beginning of the year, and at $458.49 per share, it is trading 25.4% below its 52-week high of $614.61 from October 2024.

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.

The U.S. Navy has awarded Lockheed Martin a potential eight-year, $1 billion contract to support the development, integration, production and testing of AN/SQQ-89A(V)15 anti-submarine warfare ...

FORT WORTH, Texas — Lockheed Martin, which has a significant presence in Fort Worth, reported a yearly total of $71 billion in net sales, compared to $67.9 billion in 2023. In its fourth quarter ...

Lockheed Martin on Jan. 28 became the third U.S. defense prime contractor to report billion-dollar losses on previously awarded fixed-price development and production contracts in a year.

The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $383 million cost-plus-incentive-fee and cost-plus-fixed-fee modification to the existing Lockheed Martin contract for development of the next ...

Bulgarian Minister of Defense Atanas Zapryanov and dozens of Bulgarian servicemembers visited Lockheed Martin’s F-16 factory in Greenville for a rollout ceremony Jan. 31. A host of politicians ...

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.

Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services ...