The Pentagon added $4.2 billion to an existing Lockheed Martin contract to cover production increases for the Long Range Anti ...

Now, Canada is questioning its purchase of Lockheed’s F-35 jet fighters, adding to recent turmoil. Where Canada will turn for the jet fighters it needs isn’t an easy question to answer.

Lockheed's second-quarter net income of $6.85 per share beat LSEG estimates of $6.46 per share. Total quarterly sales rose 8.5% to $18.12 billion, also above the $17.04 billion estimated.

The Pentagon is withholding $5 million from Lockheed Martin for each new F-35 fighter jet that isn’t loaded with the full upgrade of the latest version of the jet.

Lockheed projects delivering between 75 and 110 aircraft by Dec. 31, meaning the change could bring $700 million or more to the company in that time, Kahyaoglu said.

Nine years after the Marine Corps declared its first F-35s operational, the Pentagon now projects that the cost of operating and maintaining the jet through 2088 will be $1.58 trillion, 44% higher ...

The Lockheed Martin (LMT -0.57%) F-22 Raptor stealth fighter is arguably the most expensive fighter jet ever built, costing an estimated $400 billion per unit. That's part of the reason it's no ...

Lockheed Martin has delivered all of the F-35 fighter jets that were stored in long-term parking at its facilities in Texas after software problems held up deliveries of the jet for a year.