On Jan. 28, share prices of Lockheed Martin (NYSE: LMT) fell by 9.2%, marking the largest single-session drop since Oct. 26, 2021. Defense contractors like Lockheed Martin are relatively safe ...

Lockheed Martin is down 4.9% since the beginning of the year, and at $458.49 per share, it is trading 25.4% below its 52-week high of $614.61 from October 2024.

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Lockheed Martin's Q4 revenue declined 1.3% YoY to $18.62 billion, missing expectations, with gross profit down 70%. Lockheed Martin projects 2025 EPS between $27 and $27.30, below consensus estimates.

The billionaire has also criticized legacy defense programs like Lockheed Martin's F-35 fighter jet while calling for mass production of cheaper AI-powered drones, missiles and uncrewed submarines.

Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior.

REY LLERENA JOINS US LIVE AT DONALDSON CENTER WITH MORE REA. NIGEL, LOCKHEED MARTIN OFFICIALS SAY THIS IS THE FIRST OF 16 F-16 BLOCK 70 AIRCRAFT THAT WILL BE EVENTUALLY DELIVERED TO BULGARIA.

(RTTNews) - Lockheed Martin (LMT) said that the U.S. Navy awarded the company a $383 million cost-plus-incentive-fee and cost-plus-fixed-fee modification to the existing the company contract for ...

In the three months ending December 31, Lockheed Martin's revenue decreased 1.3% year over year to $18.6 billion. Its earnings per share (EPS) declined 70.7% from the year-ago period to $2.22 ...