Shares of defense prime contractor Lockheed Martin fell early Wednesday on concerns the Air Force isn’t ordering as many F-35 ...

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

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

Lockheed Martin shares slipped significantly after reports surfaced that the Pentagon would be scaling back its request to ...

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.

Lockheed Martin is one of the largest and most well ... Unfortunately, the Pentagon then released its 2026 budget proposal. Orders for F-35 Lighting II fighters for the U.S. Air Force were reduced ...

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

Lockheed Martin ( LMT -5.02%), the giant defense stock that makes America's vaunted F-16, F-22, and F-35 fighter jets, ...

The software and hardware upgrade was originally supposed to be ready in April 2023, but challenges with software stability ...

Lockheed Martin’s long-delayed TR-3 upgrade for the F-35 fighter jet is nearly complete. It promises massive improvements in ...