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.

India has paused its defense procurement plans from U.S. companies like Lockheed Martin, Boeing, and General Dynamics, as ...

Boeing builds capable fourth-generation fighters like the Air Force's F-15 Eagle and Navy's F/A-18 Super Hornets, but until recently, it had been out of the stealth fighter game for a while. Lockheed ...

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 ...

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

Looking at the dimensions, the Lockheed C-5M Super Galaxy is larger than the Superjumbo in length. Whereas the A380 measures ...

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

Lockheed Martin Corp. caught investors off guard with $1.6 billion in charges and a possible tax hit that sent its stock tumbling, the latest setback for the defense giant whose popular F-35 jet faces ...

(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 ...