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.

Lockheed Martin has received an indefinite delivery indefinite quantity contract potentially worth $4.94bn from the US Army to produce more Precision Strike Missiles (PrSMs). PrSM is the US Army's ...

The US Army and Lockheed Martin have successfully completed the short-range production qualification test launch of the ...

Lockheed Martin’s Precision Strike Missile (PrSM) is a next-generation surface-to-surface missile system designed as a ...

Lockheed Martin announced the departure of its CFO just days before earnings. The transition appears to be routine, but continues the trend of negative news flow out of the massive defense contractor.

Lockheed Martin and the U.S. Army successfully launched the Precision Strike Missile (PrSM) from a Multiple Launch Rocket ...

Lockheed Martin’s High Mobility Artillery Rocket Systems (HIMARS) weapon has been designed to use a range of different sized missiles and rockets from the same container which can be quickly switched ...

A former U.S. Marine Corps colonel predicts that the U.S. will have to make a decision about sending future HIMARS missiles to Ukraine.

Wall Street hates surprises, especially unexpected changes in the C-suite just days before earnings are released. On Thursday, Lockheed Martin (NYSE: LMT) delivered just that surprise and the ...