U.S. defense giant Lockheed Martin (LMT) could be the main Stars and Stripes casualty from Europe’s drive to rearm itself ...

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 ...

The commentary is putting new pressure on Lockheed Martin shares, sending the stock down about 3% as of 10:30 a.m. ET. Boeing won an initial $19 billion contract to fund continued research and ...

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 ...

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 ...

Reuters has reported that the United States Navy is dropping aerospace and defense giant Lockheed Martin from its F/A-XX competition. This program seeks to develop a replacement for the Boeing F/A ...