Lockheed Martin won a follow-on order for $1.9 billion in new stealthy, long-range missiles from the U.S. Air Force. The missiles comprise separate lots within a string of more than two dozen lots ...

March 31 (Reuters) - Lockheed Martin (LMT.N), opens new tab on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM).

Lockheed Martin shares were downgraded at several investment banks following the company's unsuccessful bid to build the Air Force's next fighter jets. Lockheed remains an attractive franchise ...

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 ...

That's why I'm paying attention now to one of the biggest weapons contracts announced by the Department of Defense in recent weeks: A March 13 order from the Air Force instructing Lockheed Martin ...

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 (800 km) as the defense contractor works to tap a US need to ...

Lockheed Martin reportedly submitted its proposal for the U.S. Navy’s sixth generation F/A-XX fighter but didn’t satisfy the requirements, leaving Boeing and Northrop Grumman as the remaining ...

Lockheed Martin Corporation had a solid 2024 with a significant increase in product sales, but the profit suffered from higher costs. Lockheed Martin has several features that can protect their ...

Lockheed Martin reportedly submitted its proposal for the U.S. Navy's sixth generation F/A-XX fighter but didn't satisfy the requirements, leaving Boeing and Northrop Grumman as the remaining ...

RBC Capital Markets downgraded Lockheed Martin to Sector Perform from Outperform and lowered its price target to $480 from $550.Conversely, RBC upgraded Northrop Grumman to Outperform from Sector ...

Lockheed Martin is a major defense contractor with a stable business model, low beta, and strong shareholder returns through dividends and buybacks. LMT's revenue is highly dependent on the US ...

Shares of major defense contractor Lockheed Martin (NYSE: LMT) fell hard on Friday, down 7% as of 12:31 p.m. EDT on Friday. Lockheed shareholders received the unfortunate news that the Trump ...