Lockheed Martin announced Monday that the U.S. Army had awarded it a contract worth nearly $5 billion to produce its next-generation long-range precision strike missile. The contract is worth up ...

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 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 ...

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 ...

Wall Street is reacting to last week's news that Lockheed Martin (NYSE: LMT) has lost the battle to produce the Air Force's next-generation fighter. The commentary is putting new pressure on ...

In its fourth quarter 2024 investor letter, Conventum – Alluvium Global Fund emphasized stocks such as Lockheed Martin Corporation (NYSE:LMT). Based in Bethesda, Maryland, Lockheed Martin ...

The win over rival Lockheed Martin Corp. looks like a significant boost for Boeing as the aerospace giant works on a turnaround effort. Boeing Chief Executive Kelly Ortberg, who took over the top ...

March 31 (Reuters) - Lockheed Martin (LMT.N), opens new tab on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM).