Lockheed Martin is down 4.9% since the beginning of the year, and at $458.49 per share, it is trading 25.4% below its 52-week high of $614.61 from October 2024.

The billionaire has also criticized legacy defense programs like Lockheed Martin's F-35 fighter jet while calling for mass production of cheaper AI-powered drones, missiles and uncrewed submarines.

Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior.

REY LLERENA JOINS US LIVE AT DONALDSON CENTER WITH MORE REA. NIGEL, LOCKHEED MARTIN OFFICIALS SAY THIS IS THE FIRST OF 16 F-16 BLOCK 70 AIRCRAFT THAT WILL BE EVENTUALLY DELIVERED TO BULGARIA.

The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $383 million cost-plus-incentive-fee and cost-plus-fixed-fee modification to the existing Lockheed Martin contract for development of the next ...

Driven by the Soviet Union's advancements in radar and missile systems, the US military moved beyond just reducing radar visibility to designing fully radar-evading aircraft like Lockheed Martin's ...

Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services ...

Lockheed Martin on Jan. 28 became the third U.S. defense prime contractor to report billion-dollar losses on previously awarded fixed-price development and production contracts in a year.

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