Losing the recent contract to Boeing follows up a disappointing quarter and weak guidance that sent Lockheed stock down 9.2% on Jan. 28 -- its largest single-session drop since Oct. 26, 2021.

While the idea of creating a twin-engine F-55 based on the F-35 may sound feasible, the downplaying of the required work ...

Workers at Boeing Co.’s St. Louis-area defense factories are striking for the first time in almost three decades after union ...

Over 3,000 Boeing workers will begin striking Monday in Missouri and Illinois, after members rejected a four-year labor ...

Western defense companies are now facing serious delays after China restricted the export of minerals needed to build U.S.

Was the Boeing X-32 better than what would become the F-35 stealth fighter? Opinions vary among experts. However, most say the Air Force made the right choice in the F-35. Recent combat operations may ...

Brian West oversaw his last earnings call as Boeing’s CFO on Tuesday. Lockheed Martin alum Jay Malave is set to take the jet ...

The Pentagon added $4.2 billion to an existing Lockheed Martin contract to cover production increases for the Long Range Anti ...

WASHINGTON (Reuters) -Boeing and Lockheed Martin are in talks to sell their rocket-launching joint venture United Launch Alliance to Sierra Space, two people familiar with the discussions said. A deal ...

(Reuters) -Boeing Co said on Monday it had appointed former Lockheed Martin executive Jesus 'Jay' Malave as the planemaker's new CFO, effective Aug. 15. He will succeed Brian West, who will stay on in ...