Lockheed Martin Corp. caught investors off guard with $1.6 billion in charges and a possible tax hit that sent its stock ...

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.

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 ...

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.

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.

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 plans to fold technologies it developed in its unsuccessful bid for the Air Force’s Next Generation Air Dominance platform into the F-35 and F-22 Raptor to create a ...

One of the newest and most iconic aircraft made by Lockheed Martin is the F-35 Lightning II. This fifth generation fighter jet has only entered service within the last decade.