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Lockheed Martin’s Shares Dip After Pentagon Cuts F-35 Request
Lockheed Martin shares slipped significantly after reports surfaced that the Pentagon would be scaling back its request to Congress for F-35 Lightning II fighter jets this year. Reports published by Reuters indicated that the Department of Defense would be slashing its procurement request to just 24 planes from an earlier 48 that were forecast for this upcoming fiscal year.
Shares of defense prime contractor Lockheed Martin fell early Wednesday on concerns the Air Force isn’t ordering as many F-35 ...
The total reduction in revenue for Lockheed Martin could be as high as $3.5 billion. Lockheed Martin did $71 billion in ...
Chief Executive Elon Musk said his recent attacks on President Trump [went "too far."]( ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
The resolution and real world physics incorporated into Lockheed's latest Block 70/72 F-16 flight simulator offer the ability ...
U.S. equities gained at midday on better-than-expected consumer inflation news and a trade agreement between the U.S. and ...
Canada’s purchase of 88 Lockheed Martin Corp. F-35 fighter jets will cost far more than projected, and the country faces a ...
The maker of F-16 fighter jets prized by Pakistan, Lockheed Martin, has witnessed a subdued stock market trend in the last ...
Lockheed has booked a U.S. Army contract modification to supply M-TADS/PNVS night vision sensor systems for Apache ...
The U.S. Air Force slashed its request to Congress for Lockheed Martin’s most advanced fighter jet in half, dealing a ...
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