Australia has cancelled a multi-billion dollar military satellite project with Lockheed Martin with a Department of Defence statement on Monday saying the military will instead shift its focus to a ...

SYDNEY (Reuters) - Australia has cancelled a multi-billion dollar military satellite project with Lockheed Martin, with a Department of Defence statement on Monday saying the military will instead ...

Lockheed Martin beat on earnings but missed on sales last week, and its aeronautics division was a big reason why. Lockheed's space business also saw a small decline in sales in Q3, although ...

Despite missing out on the USAF’s first CCA contract, Lockheed Martin is continuing to invest in the technology, aiming to outfit F-35s with the capability to control multiple CCAs ...

(Photo by Omer Taha Cetin/Anadolu via Getty Images) Lockheed Martin (NYSE: LMT) recently reported its Q3 2024 results, with revenues and earnings slightly ahead of our estimates. The company ...

A Bulgaria-bound Lockheed Martin F-16 Block 70 passed the first flight milestone in Greenville, South Carolina, on Oct. 22, the manufacturer said. Test Pilot Charles Hoag took off in the GE ...

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Third quarter revenues of $17.1 billion missed the analyst consensus of $17.34 billion and perhaps that could already have been a reason for investors to start selling Lockheed Martin stock ...

Lockheed derived nearly 75% of its $67.6 billion in 2023 sales servicing contracts from the US Department of Defense, the largest military budget on Earth, and stands to operate the largest ...

Lockheed Martin and Verizon Communications shares fell as both companies missed quarterly revenue forecasts. General Motors shares surged after the Big Three automaker reported results that beat ...

Nicolas Economou / NurPhoto via Getty Images Lockheed Martin missed revenue estimates as aerospace sales tumbled because of contractual and funding issues for its F-35 fighter jet. Still ...