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Lockheed Martin (NYSE: LMT) beat on earnings but missed on revenue because of F-35 delivery delays, and narrowed its full-year guidance. Investors were underwhelmed by the news, sending Lockheed ...
The F-35 contractor recently sued by Lockheed Martin has hit back against Lockheed’s claims that the ongoing pricing dispute is a threat to national security.
The Czech Republic announced plans to purchase two dozen F-35 aircraft in January around the same time the U.S. State Department approved Greece’s $8.6 billion purchase of 40 F-35 fighter jets.
Lockheed Martin is suing one of its subcontractors on the F-35 program, alleging the company is withholding parts over a pricing dispute that Lockheed claims will cause “substantial delays” in ...
A U.S. Air Force F-35A Lightning II in flight. Operations of the Lockheed Martin F-35 Lightning II family began in 1995 with the Joint Strike Fighter program.Since its first flight in 2006, the aircraft has faced substantial controversy, shortages in its research and development supply, [1] and safety concerns due to incidents. [2]
If the Biden administration slashes orders for F-35s, Fort Worth could take a hit. The Lockheed Martin fighter jets are assembled here. Pentagon may cut orders for Lockheed Martin F-35 fighter ...
The government of Switzerland agreed to purchase 36 F-35As from Lockheed Martin on Monday morning. Up to 28 of the aircraft will be manufactured in Cameri, Italy, but some of the aircraft will be ...
Lockheed Martin's (LMT) F-35 production costs are coming down, and time required for reworking and repairs also decreased 79% since the first production contract.