U.S. defense contractor Lockheed Martin Corporation has agreed to pay $29.74 million to settle allegations of defective ...

Lockheed Martin Missiles and Fire Control PAC-3 Programs ... We are also investing to implement lean, agile processes to deliver this critical product to our partners more efficiently.” ...

The company also will be building a $140 million, 225,000-square-foot advanced manufacturing facility in Titusville for the ...

The billionaire has also criticized legacy defense programs like Lockheed Martin's F-35 fighter jet while calling for mass production of cheaper AI-powered drones, missiles and uncrewed submarines.

The Pentagon awarded Lockheed Martin $11.8 billion for 145 F-35 fighter jets in December. Then the Pentagon awarded two more F-35 contracts worth an additional $3.7 billion. These end-of-year ...

Lockheed Martin is down 4.9% since the beginning of the year, and at $458.49 per share, it is trading 25.4% below its 52-week high of $614.61 from October 2024.