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 ...

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 derived nearly 75% of its $71 billion in 2024 sales servicing contracts from the US Department of Defense, the largest military budget on Earth, and stands to operate the largest defense ...

WASHINGTON, March 4 (Reuters) - The U.S. Navy will eliminate defense giant Lockheed Martin Corp (LMT.N), opens new tab from the competition to build its next-generation carrier-based stealth ...

Boeing Co. won a contract to design and build the US’s next-generation stealth fighter jet, beating out rival Lockheed Martin Corp. for the multibillion dollar program aimed at preparing the ...