Lockheed Martin’s stock rocked by big profit miss
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Lockheed Martin reported on Tuesday that its second-quarter profit plunged by about 80%, after the U.S. defense group recorded a pretax loss of $1.6 billion, mainly linked to a classified program within its Aeronautics segment,
WASHINGTON (Reuters) -The U.S. Navy will eliminate defense giant Lockheed Martin Corp from the competition to build its next-generation carrier-based stealth fighter - a key part of plans to ...
Defense contracting giant Lockheed Martin was left in the dust by Boeing's exceptional sixth-generation aircraft: the F-47. L ast week, Boeing was awarded a contract to develop and build the sixth ...
The Dept. of Defense issued a nearly $1-billion contract for Lockheed to oversee the Joint Air-to-Surface Standoff Missile and the Long-Range Anti-Ship Missile programs over
Lockheed Martin's potential defense tech deal with Taiwan ... Lockheed Martin Corp LMT shares nudged up by 1.07% on ... though it's up against Boeing Co's BA CH-47F in a closely watched competition.
Moreover, according to Lockheed’s management, the current defense situation worldwide should aid sustained backlog strength for the company with improved U.S. and international budget opportunities.
Lockheed Martin Corp.'s win in the Joint Strike Fighter (JSF) competition positions the company to dominate the fighter market beginning in 2008, as the Defense Department begins to replace aging ...
Lockheed Martin’s first-quarter 2025 results underscored its operational resilience, with sales reaching $18.0 billion and diluted earnings per share (EPS) reported at $7.28, a figure that ...
Shares of aerospace and defense giant Lockheed Martin Corp LMT are trading higher during Friday’s session amid escalating geopolitical tensions. Here’s what investors need to know.
MADRID – U.S. defense contractor Lockheed Martin LMT0.42%increase; green up pointing triangle is accelerating talks for new partnerships in Europe, a senior executive said, amid a continental ...
U.S. defense contractor Lockheed Martin unveiled a new layered defense system aimed at detecting and destroying drone swarms. Lockheed Martin said in a statement that the system’s open ...