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 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 ...
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 offers reliable, growing dividends with a 22-year streak and a current yield of 2.83%, making it ideal for dividend growth investors. The company has a robust capital allocation ...
The first and by far biggest gift arrived Dec. 20, when the Pentagon's daily digest of contract awards showed Lockheed winning orders for 145 F-35 fighter jets worth $11.8 billion. Reported as a ...
The U.S. Navy has awarded Lockheed Martin a potential eight-year, $1 billion contract to support the development, integration, production and testing of AN/SQQ-89A(V)15 anti-submarine warfare ...
Geopolitical tensions have surged, driving defense budgets up and benefiting companies like Lockheed Martin, which I rate as a buy for its project backlog. Lockheed Martin's reliance on government ...
Jan 8 (Reuters) - Lockheed Martin (LMT.N), opens new tab delivered a total of 110 F-35 fighter jets to the United States and its allies in 2024, the Bethesda, Maryland-based defense contractor ...
The Pentagon awarded Lockheed Martin $11.8 billion for 145 F-35 fighter jets in December. Then the Pentagon awarded two more F-35 contracts worth an additional $3.7 billion. These end-of-year ...
Lockheed Martin, the multinational defense and aerospace firm, is one of the latest big businesses to donate a million dollars to President-elect Donald Trump's inaugural committee. Recent major ...
Lockheed Martin delivered 110 F-35s overall in 2024, achieving the top end of a production target range reduced by software development delays, the company said in a social media post on Jan. 6 ...