U.S. markets were rebounding at midday from yesterday's big tech selloff caused by advances in artificial intelligence by a Chinese startup.
The latest charges raise Lockheed’s historic losses to $1.4 billion on the classified program in M&FC. All losses reported so far on the classified Aeronautics program now add up to $825 million.
The company expects continued mid-single growth over 2025. The previous Trump administration reduced F-35 jet volume, but CEO Jim Taiclet said he expects tensions with China to drive greater sales.
Raytheon (NYSE:RTX) and Lockheed Martin (NYSE:LMT) are scheduled to announce their Q4 earnings results on Tuesday, January 28th, before market open. The commercial aerospace market is looking generally positive for the final the quarter and the year ahead,
Stocks traded higher Tuesday following a deep selloff in shares of technology companies after China’s DeepSeek rattled markets with a cheaper artificial-intelligence model.These stocks were making moves:Nvidia rose 6.
Boeing stock is the best Dow Jones stock Tuesday as a positive cash flow outlook offsets a fourth-quarter miss.
Lockheed Martin attained solid results in the fourth quarter of 2024 despite charges on two classified programmes, James Taiclet, chairman, president, and CEO
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 that are vital to its bottom line.
LMT clinches a contract to install cutting-edge infrared threat detection sensors on the F-22 Raptor Aircraft.
Analyst Gautam Khanna from TD Cowen maintained a Buy rating on Lockheed Martin (LMT – Research Report) and decreased the price target to
Shares of Boeing (BA) advanced when CEO Kelly Ortberg ... However, shares of rival Lockheed Martin (LMT) dropped when the company's sales came up short of expectations and it took a huge charge ...
Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they’ll look to a new tactic: selling some of its businesses, which could shore up the company’s balance sheet and lift the stock from its doldrums.