Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services ...

WASHINGTON — Higher than expected engineering costs and other difficulties forced Lockheed Martin to book $2 billion in losses on two classified programs in 2024, with a $1.7 billion hit ...

FORT WORTH, Texas — Lockheed Martin, which has a significant presence in Fort Worth, reported a yearly total of $71 billion in net sales, compared to $67.9 billion in 2023. In its fourth quarter ...

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Lockheed Martin's Q4 2024 EPS significantly missed expectations, recording $2.22 against the $6.62 estimate. The company ended the year with a record backlog of $176 billion, showing strong demand ...

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(Reuters) -Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples with the delayed rollout of upgrades to the F-35 fighter jet ...