Shares of defense prime contractor Lockheed Martin fell early Wednesday on concerns the Air Force isn’t ordering as many F-35 fighter jets. Lockheed stock fell 5.5% to $450.96 in early trading, while the S&P 500 and the Dow Jones Industrial Average were flat.

Lockheed has booked a U.S. Army contract modification to supply M-TADS/PNVS night vision sensor systems for Apache helicopters.

So Lockheed Martin is likely to like the president's proposals (both of them). The more so seeing as it's been only a couple of months since the Air Force handed Lockheed a rather shocking defeat, when it awarded the $20 billion contract to build a sixth-generation stealth fighter, the F-47, to rival Boeing ( BA 0.96%).

Lockheed Martin has been awarded a $1 billion contract modification to continue its support for the U.S. Navy’s Conventional Prompt Strike (CPS) hypersonic weapons program, the Department of Defense announced.

Lockheed Martin got a $1.74 billion contract from the U.S. Army for work on a night-vision system. The Defense Department said Friday it added the amount to Lockheed's contract for the modernized target acquisition designation sight/pilot night vision system.

After a month on the picket lines, more than 300 Lockheed Martin workers at Waterton Canyon joined with UAW colleagues in Orlando to approve a new five-year contract.

Defense contractor Lockheed Martin announced the formation of the AI Fight Club, a virtual arena for training AI for real-world battles.