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Lockheed Martin, which manufactures a host of military aircraft platforms, including the F-35 Lightning II, the F-22 Raptor, the F-16 Fighting Falcon, and the SH-60 Seahawk, slipped nearly 4.5% so far ...
Meanwhile, the F-35, a multi-role fighter that entered service in 2015, is Lockheed's headline export. Taiclet said the company expects to deliver between 170 and 190 F-35s in 2025, with a backlog ...
Despite significant charges and tax uncertainties, Lockheed Martin Corp (LMT) reaffirms its sales guidance and showcases ...
The Pentagon slashed its Air Force F-35 fighter jet request from 48 to 24 aircraft, delivering a significant blow to Lockheed Martin Corp. (NYSE: LMT) amid sweeping defense budget cuts.
Lockheed Martin expects to be awarded a finalized contract on its F-35 jets, which have been beset by delays in a technology upgrade, sooner than it previously anticipated, the U.S. defense ...
Company CEO Jim Taiclet claims that by applying advanced technologies to the F-35, 80% of the F-47’s capability can be achieved at 50% of the cost. As news of Boeing’s victory in the Next ...
Lockheed Martin plans to develop a version of the F-35 that can fly without a pilot, according to the company’s CEO—one of many upgrades the company is pitching for the program after it lost ...
Lockheed Martin, which had already designed and built the F-22 Raptor and F-35 Lightning II, was widely expected to win the contract. However, the contract was instead awarded to Boeing ...
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.
These features must have been driving strong demand for F-35 jets, which can be further gauged from the fact that since its launch, Lockheed Martin has delivered 1,102 units as of Dec. 31, 2024.