Lockheed Martin (LMT) was awarded a $4.94B firm-fixed-price contract for the Precision Strike Missiles Increment One. Bids were solicited via the internet with one received. Work locations 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 ...

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 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.

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 ...

BofA downgraded Lockheed Martin (LMT) to Neutral from Buy with a price target of $485, down from $685. Published first on TheFly – the ultimate source for real-time, market-moving breaking ...

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 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 ...

Reuters has reported that the United States Navy is dropping aerospace and defense giant Lockheed Martin from its F/A-XX competition. This program seeks to develop a replacement for the Boeing F/A ...

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 ...

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 ...