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Lockheed Martin forecast 2025 profit that missed Wall Street expectations on Tuesday, as the defense giant grapples with delayed rollouts of a tech upgrade on the F-35, underscoring a cautious ...
Aerospace company Lockheed Martin announced 300 aeronautics division employees will be laid off, including about 200 workers at Fort Worth’s F-35 assembly plant, the company confirmed to the ...
The Lockheed Martin Corporation, which received non-competitive contracts to produce the F-35 fighter, allegedly failed between 2013 and 2015 to disclose accurate cost information to the Defense ...
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]
A F-35 jet lands on the USS Carl Vinson aircraft carrier during the Rim of the Pacific (RIMPAC) military exercises about 100 miles south of Oahu, Hawaii, U.S. July 19, 2024.
The General Electric XA100 is an American adaptive cycle engine demonstrator being developed by General Electric (GE) for the Lockheed Martin F-35 Lightning II and forms the technological foundation for the company's XA102 propulsion system for the United States Air Force's sixth generation fighter program, the Next Generation Air Dominance (NGAD).
Lockheed Martin's 12.5% operating margin came in about 60 basis points ahead of expectations, and free cash flow of $2.1 billion was well ahead of Wall Street's $1.3 billion forecast.
Lockheed Martin F-35 Lightning II procurement is the planned selection and purchase of the Lockheed Martin F-35 Lightning II, also known as the Joint Strike Fighter (JSF) by various countries. The F-35 Lightning II was conceived from the start of the project as having participation from many countries, most of which would both contribute to the ...