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 Corporation had a solid 2024 with a significant increase in product sales, but the profit suffered from higher costs. Lockheed Martin has several features that can protect their ...

Fort Worth-based Lockheed Martin Corp. is set to receive billions of dollars in defense contracts as the company announced it fully stocked Norway with a fleet of F-35 fighter jets. The company ...

Lockheed Martin expects its mid-size demonstration satellite will launch on Saturday on a Firefly Aerospace Alpha rocket. The company designed and built the satellite at its Waterton campus ...

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 ...

The latest trading session saw Lockheed Martin (LMT) ending at $470.55, denoting a +0.27% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 1.08%. Elsewhere ...

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).

Lockheed Martin is working with Google Cloud to integrate generative artificial intelligence. The Reston, Va., defense contractor said Thursday it plans to use Google's AI to train, deploy and sustain ...

Programme officials at Lockheed Martin have temporarily scrubbed the anticipated initial launch of the company's advanced satellite communications (satcom) testbed. The LM400 midsize satellite bus ...

The PrSM is made by Lockheed Martin, which back in 2020 managed to beat competitors Boeing and Raytheon in the race to produce it. It is meant as a replacement for the MGM-140 ATACMS, and it has ...

A local engineering firm has landed a $17 million contract with one of the country's largest aerospace and military support ...