Before its transformation into Lockheed Martin, Lockheed designed and built the U-2 plane upon special request by the CIA. The agency needed a high-altitude reconnaissance tool to spy on the ...

Lockheed Martin plans to unveil a new “affordable” cruise missile on Monday with a cost of about $150,000 and a range of over 500 miles as the defense contractor works to tap a U.S. need to ...

The Trident II can carry multiple independently targeted reentry vehicles and features a celestially-aided inertial navigation system.

Lockheed Martin has unveiled a new unnamed weapon in a short video, describing it as modular, lethal and affordable. Lockheed Martin has released on Mar.

Lockheed Martin reportedly submitted its proposal for the U.S. Navy’s sixth generation F/A-XX fighter but didn’t satisfy the requirements, leaving Boeing and Northrop Grumman as the remaining ...

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

Lockheed Martin's Q4 2024 EPS significantly missed expectations, recording $2.22 against the $6.62 estimate. The company ended the year with a record backlog of $176 billion, showing strong demand ...

In the three months ending December 31, Lockheed Martin's revenue decreased 1.3% year over year to $18.6 billion. Its earnings per share (EPS) declined 70.7% from the year-ago period to $2.22 ...

We note that Lockheed Martin Corporation (NYSE:LMT) does have debt on its balance sheet. But should shareholders be worried about its use of debt? Debt is a tool to help businesses grow ...