Israel's strikes on Iran sent most stocks down on Friday. Israel was the first country to fly the F-35 in combat. Shares of defense contractor Lockheed Martin (NYSE: LMT) rallied 3.5% on Friday ...

The Lockheed Martin (LMT 1.04%) F-22 Raptor stealth fighter is arguably the most expensive fighter jet ever built, costing an estimated $400 billion per unit. That's part of the reason it's no ...

Lockheed Martin’s top finance executive, Jesus “Jay” Malave, is leaving the defense giant to pursue other opportunities. Lockheed on Thursday said veteran finance executive Evan Scott ...

Lockheed Martin announced it received a roughly $5 billion contract from the U.S. Army for providing Precision Strike Missiles (PrSM) that will replace the Army Tactical Missile.

Wall Street is reacting to last week's news that Lockheed Martin (NYSE: LMT) has lost the battle to produce the Air Force's next-generation fighter. The commentary is putting new pressure on ...

Lockheed Martin plans to unveil a new “affordable” cruise missile on Monday with a cost of about $150,000 and a range of over 500 miles as the defense contractor works to tap a U.S. need to ...

Lockheed Martin has released on Mar. 1, 2025, a short video on its social media, unveiling a new unnamed weapon. No details have been disclosed, with the company only describing it as “modular ...

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 ...

For more insights on Lockheed Martin’s tech demonstrations, space innovations and IRAD priorities, watch Maria Demaree’s full video interview with Executive Mosaic.

Lockheed’s aeronautics sector reported $6.5 billion in sales in the third quarter of 2024, a 3% decline from one year earlier, as well as a 2% decline in aeronautics profit. Officials said ...

Norway has recently secured a $580m deal for 16 HIMARS systems. Lockheed Martin, the principal contractor for the HIMARS systems, will manage the sale from its Grand Prairie, TX, facility.

Lockheed said Aug. 15 it would buy Terran Orbital for $0.25 per share in cash and retire the company’s existing debt. The deal, expected to close in the fourth quarter, has an enterprise value ...