Orders for munitions and interceptors of all kinds are up, buoying defense contractors struggling with costly problems in ...

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

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

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

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 ...

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 ...

The achievements of the Skunk Works are legendary: The P-38 WW2 fighter aircraft, the first U.S. jet fighter, our first supersonic jet fighter, the U-2 spy plane, the Stealth Bomber 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 ...