Later, in 1982, he reacquired the Swearingen name and focused on aircraft modifications, including working with the Lockheed Jetstar and manufacturing components for other manufacturers. In 1995, the ...
Wall Street analysts worry that new Chinese stealth aircraft could persuade the US to buy fewer of Lockheed Martin's F-35 ...
Lockheed Martin has officially handed over the first two F-16 Block 70 fourth-generation multi-role aircraft to Bulgaria ...
The company also will be building a $140 million, 225,000-square-foot advanced manufacturing facility in Titusville for the ...
Aircraft number 5994 arrived at Kirtland AFB on 14 January after rolling off Lockheed Martin's production line in Marietta, ...
The Lockheed L-133 Starjet was a prime example of a paradoxical “successful failure.” As I asserted in a recent article for ...
Driven by the Soviet Union's advancements in radar and missile systems, the US military moved beyond just reducing radar visibility to designing fully radar-evading aircraft like Lockheed Martin's ...
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.
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.
Shares were last down 7.6% on the day. The F-35 is the most expensive U.S. defense program and easily Lockheed's biggest revenue generator, contributing about 30%. Lockheed has been navigating ...