Lockheed Martin's stock surged on Trump's proposed $1.5T defense budget, strong earnings, and earnings growth guidance, but is the stock a good value now?

A shortfall of spare parts has contributed to terrible readiness rates among US F-35 fleets—and even led some service branches to cannibalize certain aircraft to keep others flying.

Lockheed Martin will spend $1 billion to stockpile spare parts for the F-35, making up for a shortfall that the company believes was caused by government underfunding, CEO Jim Taiclet said on a Jan.

While the F-35's per unit cost is similar to other modern fighters, its lifecycle expense is higher, although it offers ...

Lockheed Martin plans to boost THAAD interceptor production to 400/year, expand munitions capacity, and build an Arkansas ...

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 20 years by 1.72% on an annualized basis producing an average annual return of 10.51%. Currently, Lockheed Martin has a market ...

By Mike Stone and Aishwarya Jain Jan 29 (Reuters) - Lockheed has reached a profit-sharing agreement with the U.S. government ...

Defense contractor Lockheed Martin is planning to quadruple its annual production of high-altitude missile interceptors following an agreement with the Department of War. Under the deal, the output of ...