Lockheed Martin (NYSE: LMT) delivered an unpleasant third-quarter surprise, missing on both sales and profit estimates. Much of the issue appears to be timing, and after dropping 2.36% on Tuesday ...
The defense sector continued to whipsaw Thursday after President Donald Trump called for an increase in U.S. defense spending to $1.5 trillion in 2027, up 50% in one year. It sounds like a dream ...
The maker of F-35 jets is getting paid for on-time delivery, even though it’s delivering the aircraft late and without the required upgrades, a government watchdog ...
Trump banned defense contractors from dividends and buybacks until they increase capital spending. He singled out RTX (RTX) as the worst offender. RTX returned billions to shareholders through ...
Lockheed Martin's F-35 stealth fighter is one of the most advanced aircraft ever built — and the most expensive, given how many the US military plans to buy. By its scale and state-of-the-art ...