The company also will be building a $140 million, 225,000-square-foot advanced manufacturing facility in Titusville for the ...
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.
Lockheed Martin's Q4 revenue declined 1.3% YoY to $18.62 billion, missing expectations, with gross profit down 70%. Lockheed Martin projects 2025 EPS between $27 and $27.30, below consensus estimates.
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.
Lockheed Martin's Q4 2024 EPS significantly missed expectations, recording $2.22 against the $6.62 estimate. The company ended the year with a record backlog of $176 billion, showing strong demand ...
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.
(Reuters) - Lockheed Martin forecast 2025 profit that missed Wall Street expectations on Tuesday, as the defense giant grapples with delayed rollouts of a tech upgrade on the F-35, underscoring a ...
(RTTNews) - Lockheed Martin (LMT) said, for fiscal 2025, the company expects earnings per share in a range of approximately $27.00 - $27.30. Segment operating profit is anticipated in a range of $ ...
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 ...