Lockheed Martin's X-59 QuessT with quiet SuperSonic Technology. The X-59 will reduce the loudness of a sonic boom. Credit: ...
NASA's X-59 QueSST, designed to minimize sonic booms, is set for its first flight in 2025. This revolutionary aircraft could ...
American company Boom Supersonic just broke the sound barrier with a civilian plane. What exactly is supersonic travel, and ...
NASA’s X-59, part of the Quiet SuperSonic Technology (Quesst) programme ... to achieving quieter supersonic flight. Built by Lockheed Martin, the X-59 is designed to break the sound barrier ...
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 X-59, part of NASA's Quesst program, completes afterburner testing for supersonic speeds with reduced noise.
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 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.
Despite the announcements, Lockheed Martin shares fell on Tuesday and were down on Wednesday. The United States Department of Defense (DoD) is loosening its proverbial purse strings, reducing a ...