Lockheed Martin (LMT) was awarded a $4.94B firm-fixed-price contract for the Precision Strike Missiles Increment One. Bids were solicited via the internet with one received. Work locations and ...

Lockheed Martin shares were downgraded at several investment banks following the company's unsuccessful bid to build the Air Force's next fighter jets. Lockheed remains an attractive franchise ...

BofA downgraded Lockheed Martin (LMT) to Neutral from Buy with a price target of $485, down from $685. Published first on TheFly – the ultimate source for real-time, market-moving breaking ...

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 ...

RBC Capital Markets downgraded Lockheed Martin (LMT) to Sector Perform from Outperform and lowered its price target to $480 from $550. Conversely, RBC upgraded Northrop Grumman (NOC) to Outperform ...

Lockheed Martin made headlines last week with its successful integration of Nokia's military-grade 5G solutions into its 5G.MIL® Hybrid Base Station (HBS), in collaboration with Verizon.

On March 21, Boeing (NYSE: BA) stock closed 3.1% higher while Lockheed Martin (NYSE: LMT) tumbled 5.8%. The movements resulted from Boeing winning a contract from the Department of Defense for its ...

Lockheed Martin won a follow-on order for $1.9 billion in new stealthy, long-range missiles from the U.S. Air Force. The missiles comprise separate lots within a string of more than two dozen lots ...

Lockheed Martin has dominated the stealth fighter jet game for decades, but that's changing. Boeing was awarded a contract for the Air Force's Next Generation Air Dominance fighter. The new F-47 ...

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 (800 km) as the defense contractor works to tap a US need to ...

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 ...

Navy officials had previously said that a contract could be awarded for the F/A-XX later this year. Reuters has reported that the United States Navy is dropping aerospace and defense giant ...