A program at Lockheed Martin’s secretive Skunk Works unit continues to bedevil the company, racking up a $950 million pre-tax ...

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

Welcome Back to the Daily Aviation as we explore the history and evolution of the U-2 spy plane, from its Cold War origins under Lockheed’s Skunk Works to modern high-altitude reconnaissance missions.

Despite significant charges and tax uncertainties, Lockheed Martin Corp (LMT) reaffirms its sales guidance and showcases ...

Truist downgraded Lockheed Martin (NYSE:LMT) to Hold from Buy and cut its price target for the stock to $440 from $554 in a note to clients on Wednesday.

Wikipedia defines "skunk works" as a "group within an organization given a high degree of autonomy and unhampered by bureaucracy, tasked with working on advanced [ideas]." Its origins are ...

In June 1943, Lockheed made a bold pitch to the U.S. Army that it could build a jet fighter, and build it fast. Since then, the Skunk Works has conjured up the U-2, the SR-71, the F-117, and more ...

The Skunk Works is the most famous airplane builder on earth, which is a little ironic for a factory that builds top secret planes. But long ago revealed as the engineering shop behind the U-2, SR ...

Skunk works aren’t economically viable for some IT organizations. “I’ve seen companies that spend 99% of their IT budget purely on operating and maintaining their installed base.