The commentary is putting new pressure on Lockheed Martin shares, sending the stock down about 3% as of 10:30 a.m. ET. Boeing won an initial $19 billion contract to fund continued research and ...

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 ...

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 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 ...

AVALON, Australia–Lockheed Martin is seeing signs that supply chain pressure on solid rocket motors is easing, but continues to look for ways to bolster production capacity globally.

So things have not been great for aerospace stock Lockheed Martin (LMT). It lost a major government contract to biggest rival and disaster bait Boeing (BA), and now, there are signs a recent sale ...

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 has dominated the stealth fighter jet game for decades, but that's changing. Boeing was awarded a contract for the Air Force's Next Generation Air Dominance fighter. The new F-47 ...

STORY HIGHLIGHTS Maryland Aviation Administration acquires land and cash from Lockheed Martin for aviation museum expansion. Lockheed Martin will conduct environmental cleanup at Martin State Airport.

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 ...

It was a big upset for Lockheed Martin, which had been the favorite to win the contract among analysts. Lockheed is the manufacturer of the fifth-generation fighter jet, the F-35, for which it won ...

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 ...