March 31 (Reuters) - Lockheed Martin (LMT.N), opens new tab on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM).

Lockheed Martin shares were downgraded at several investment banks following the company's unsuccessful bid to build the Air Force's next fighter jets. Lockheed remains an attractive franchise ...

Lockheed Martin has appointed Daniel Nimblett, a more than two-decade company veteran, as vice president of integrated air and missile defense, or IAMD, layered homeland defense. “I’ll be ...

Lockheed lost out to Boeing to produce the next-generation fighter jet for the U.S., the Trump administration announced. Lockheed's F-35 has been plagued by delays and cost overruns, even though ...

RBC Capital downgraded Lockheed Martin (LMT) to Sector Perform from Outperform with a price target of $480, down from $550. The firm believes the F-35 faces greater headline risk for international ...

Lockheed Martin Aeronautics landed a potential $238 million contract modification from the U.S. Navy for the purchase of long lead materials, parts, components and related support services for F ...

All information currently available, or made known about the 2026 Tesla Model Y 'Juniper' has been sourced from the manufacturer. We explore 10 major changes made to the Model Y's design ...

Virginia-based startup Electra has secured 2,200 preorders for its ultra-short takeoff and landing EL9 hybrid-electric ...

Lockheed Martin remains optimistic about the future of its F-16 programme, as demand for the 4 th-generation fighter continues, with between 23 to 26 deliveries forecast for 2025 and a “ramp up” in ...