A local engineering firm has landed a $17 million contract with one of the country's largest aerospace and military support ...

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 ...

A leader in stealth aircraft In the 1970s, long before the company merged with Martin Marietta in 1995, Lockheed Corporation's secret Skunk Works division developed the world's first operational ...

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 ...

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 ...

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.

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 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 ...

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 ...

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 ...