Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior.

Truist analyst Michael Ciarmoli initiated coverage of Northrop Grumman Corp. NOC and Lockheed Martin Corp LMT with buy ratings because recent drops in their stock prices present a buying opportunity.

Lockheed Martin announced on Jan. 22, 2025, that it has been awarded a $270 million contract from the U.S. Air Force to integrate a system of next-generation infrared defensive sensors on the F-22 ...

ORLANDO, Fla., Jan. 22, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has received a $270 million contract from the U.S. Air Force to integrate a system of next-generation infrared defensive ...

Nvidia announced it teamed up with Lockheed Martin in 2021 and the U.S. Department of Agriculture Forest Service and Colorado’s Division of Fire Prevention and Control to create a digital ...

Employees from Lufthansa Technik in Germany have marked a significant milestone in their quest to bring life back to a vintage Lockheed L-1649A Starliner. Now fully reassembled and supported by its ...

The test, conducted at Ørland Main Air Station in Norway, reportedly used a 60/40 (traditional / SATF) blend of fuels, though Lockheed Martin has certified up to a 50/50 blend. Norway is ...

Truist Securities analyst Michael Ciarmoli initiates coverage on Lockheed Martin with a Buy rating and a $579 price target. Ciarmoli also initiates coverage on Northrup Grumman with a Buy rating ...

Lockheed Martin image. The delivery was made through Mitsubishi Corporation under a Direct Commercial Sale (DCS) arrangement after rigorous acceptance testing. “This milestone continues to demonstrate ...

Lockheed Martin saw a significant price drop due to unmet Q3 expectations and issues with the F-35 program, but remains a strong buy. LMT's robust contracts, including a $3.2 billion deal with the ...

Lockheed Martin [LMT] on Tuesday said it has successfully conducted the first live object tracking using the AN/SPY-7(V)2 radar the company is developing for Spain’s five-ship F-110 multi-mission ...