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'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 ...

(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 ...

General Dynamics, Boeing Defence, Space & Security, Lockheed Martin Corporation and Raytheon Missiles & Defence are among the big names on the bans list. The defence and aerospace firms were also ...

Lockheed Martin (NYSE:LMT) -0.6% in Thursday's trading as Deutsche Bank downgrades shares to Hold from Buy with a $523 price target, cut from $611, citing doubts about F-35 sales because of China ...

Among those sanctioned today are some of the biggest defence manufacturers globally - subsidiaries of Lockheed Martin, Raytheon, and General Dynamics. In a statement issued by China's Ministry of ...

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

America's Air Force is still flying fifth-generation fighter jets built by Lockheed Martin 10 to 20 years ago. To keep up in the sixth-generation fighter jet race, the Pentagon will need to give ...

In the last days of December, the Pentagon awarded Lockheed Martin an “undefinitized, fixed-price incentive (firm-target), firm-fixed-price modification” to a contract for the production of ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

China's Ministry of Commerce adds 28 U.S. companies to an export control list and banned the export of dual-use items to those firms. China also adds 10 companies to its Unreliable Entity List for ...