Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM).

Lockheed Martin, an American defense and aerospace company, is now a $104 billion (by market cap) defense giant.

See the evolution of Boeing's design of the F-47, a sixth-generation stealth fighter jet, compared with competing NGAD concepts from Lockheed and others.

In aerospace defense circles, the F-35 Joint Strike Fighter (JSF) has seized an outsized role in worldwide debate since the ...

Space companies SpaceX, Blue Origin, Boeing, and Lockheed Martin have been awarded $13.5 billion contracts by the U.S. Space ...

Lockheed Martin’s recent share price decline, driven by the F-47 contract loss to Boeing ... with a robust F-35 program and growing international demand. It has a strong pipeline supported ...

RBC Capital Markets downgraded Lockheed Martin (LMT) to Sector Perform from Outperform and lowered its price target to $480 from $550. Conversely, RBC upgraded Northrop Grumman (NOC) to Outperform ...

LMT also gains from its presence in the international ... Such contracts lead to a solid backlog count, which boosts LMT’s revenue generation prospects. Lockheed Martin's products not only ...

Northrop Grumman is better than Boeing at building stealth aircraft. Might Northrop Grumman stock be better than Boeing, too?

SpaceX has launched at a rate nearly 34 times higher than United Launch Alliance since the start of 2023, but ULA has more ...

Some allies are rethinking the F-35 as a new contract decision upends Lockheed's longtime dominance in stealth fighter ...