The F-35 is the cornerstone of the battlespace for the U.S. military….It is combat-proven, offers the most advanced ...

Lockheed Martin (LMT, Financials) may see pressure on its defense revenue after the U.S. Department of Defense sharply cut ...

Facing budget constraints and shifting priorities, the US military significantly reduced F-35 orders, impacting Lockheed ...

The Pentagon slashed its Air Force F-35 fighter jet request from 48 to 24 aircraft, delivering a significant blow to Lockheed ...

Reports that the US Department of Defense has lowered the number of F-35 combat jets it plans to order from Lockheed Martin this year sent the company's shares down around 5% on June 11.

Pentagon cuts order of Air Force F-35 jets by half, reduces Navy and Marine Corps purchases amid delays and budget revisions.

The cost increase was primarily caused by rising inflation, fluctuations in foreign exchange rates, and heightened demand for ...

Lockheed Martin ( NYSE: LMT) stock dropped as much as 7% on Tuesday for the steepest intraday decline since March, following ...

The defense contractor's shares fell on Wednesday amid a report that the Pentagon was only requesting 24 F-35s from Congress.

The U.S. Air Force significantly reduced its request to Congress for new F-35 fighter jets, seeking just 24 aircraft for ...

The Canadian government also tripled a contingency reserve for the program to C$6.2 billion since 2022, adding C$4 billion to the overall cost of the fighter fleet. Meanwhile, infrastructure costs ...