U.S. markets were rebounding at midday from yesterday's big tech selloff caused by advances in artificial intelligence by a Chinese startup.
The latest charges raise Lockheed’s historic losses to $1.4 billion on the classified program in M&FC. All losses reported so far on the classified Aeronautics program now add up to $825 million.
Nvidia rises following a deep selloff in artificial-intelligence stocks, General Motors posts better-than-expected adjusted earnings but the stock tumbles, and Boeing reports a fourth-quarter core loss of $5.
Boeing stock is the best Dow Jones stock Tuesday as a positive cash flow outlook offsets a fourth-quarter miss.
NASA’s commercial partners defended the Artemis moon mission plans Wednesday amid the specter of changes from the new Trump administration.
Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples with the delayed rollout of upgrades to the F-35 fighter jet that are vital to its bottom line.
The USAF has announced a new $7 billion cash injection into its next-generation adaptive propulsion (NGAP) program.
Utah’s story has always been one of bold ambition. By investing in a spaceport and the future of space exploration, we’re paving the way for the next frontier of possibility.
LMT clinches a contract to install cutting-edge infrared threat detection sensors on the F-22 Raptor Aircraft.
Analyst Gautam Khanna from TD Cowen maintained a Buy rating on Lockheed Martin (LMT – Research Report) and decreased the price target to
The U.S. Air Force has dramatically plussed-up contracts with General Electric and Pratt & Whitney, both of which now have a ceiling of $3.5 billion, to continue work on prototype next-generation jet engines.
Emirates, the world's largest Boeing 777X customer, is still waiting for them. Deliveries are set to begin in 2026.