News

Lockheed Martin shares sank as much as 7% after a report that the Pentagon was halving F-35 requests for the Air Force
The defense contractor's shares fell on Wednesday amid a report that the Pentagon was requesting only 24 F-35s from Congress.
Lockheed Martin (LMT) Slips as Pentagon Halves F-35 Jet Request
Lockheed Martin (LMT, Financials) may see pressure on its defense revenue after the U.S. Department of Defense sharply cut ...
Why Lockheed Martin Rallied on a Bad Day for the Markets on Friday
So, the lower stock price, combined with this morning's news, sent the stock rebounding. Not only is Israel a buyer of the F-35 and other Lockheed Martin defense equipment, but if the conflict ...
Lockheed Martin Hit As Pentagon Slashes Air Force's F-35 Order In Half Amid Budget Cuts
The Pentagon slashed its Air Force F-35 fighter jet request from 48 to 24 aircraft, delivering a significant blow to Lockheed ...
Is the US quietly stepping back from the F-35 it wants India to buy?
With the US slashing its own F-35 orders and Canada facing a massive cost surge, doubts grow over America’s push to sell the ...
Lockheed’s F-35 jets to cost Canada 50% more than planned, Auditor General says
F-35 fighter jets will cost approximately C$27.7 billion ($20.2 billion), nearly 50% more than initially estimated, according to a government audit released Tuesday.
F-35 maker turns to surprising European country for help with next-gen stealth fighter
Lockheed Martin signs memorandum of understanding with AED Cluster Portugal, a Portuguese aerospace, space, and defense group ...
The F-35 stealth fighter just got another noise complaint
A Wisconsin lawmaker is frustrated with how loud the F-35s flying out of Truax are and the difficulties in securing relief ...
US Slashes in Half Its Request for Lockheed's F-35 Fighter Jets, Bloomberg News Reports
FILE PHOTO: An F-35 jet lands on the USS Carl Vinson aircraft carrier during the Rim of the Pacific (RIMPAC) military ...