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 ...

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.

Even more Top Secret than the Lockheed SR-71, the D-21 drone was a promising Cold War idea that could have eliminated the need for manned overflights, ...

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

Skunk Works executives say that recent advances in automation, artificial intelligence, bandwidth management and related fields have made this revolutionary leap possible.

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 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 projects are no different, but it's imperative that we start the project with a limited focus aligned to a business need close at hand. If a project doesn't come to mind quickly, ...