Lockheed Martin didn't win the bid for America's next-generation fighter, but its CEO still wants to build a jet that's in almost the same league. At the company's first-quarter earnings call on ...

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 ...

Lockheed said it expects to deliver between 170 and 190 F-35s in 2025. Its aeronautics business, which makes the jet, reported a 40% drop in operating profit in the fourth quarter.

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 announced Monday that the U.S. Army had awarded it a contract worth nearly $5 billion to produce its next-generation long-range precision strike missile. The contract is worth up ...

Washington – Lockheed Martin’s plant in Salina has won a U.S. Navy contract worth up to $1.36 billion to produce an electronic warfare system for most of the nation’s fleet of submarines.

The Pentagon’s fleet of F-35 fighter jets may not receive the full, combat-ready version of the TR-3 upgrade this year, Lockheed Martin executives acknowledged today. Lockheed still has work to ...

Contract delays and software problems with the F-35 are costing Lockheed Martin hundreds of millions of dollars, and the company is trying to get the program back on track and start recouping its ...