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Lockheed Martin, F-35 and Pentagon
The Pentagon Has Reduced Withheld F-35 Payments to Lockheed Martin
Despite the announcements, Lockheed Martin shares fell on Tuesday and were down on Wednesday. The United States Department of Defense (DoD) is loosening its proverbial purse strings, reducing a set of withheld funds for the Lockheed Martin F-35 Lightning II.
Pentagon frees more F-35 payments to Lockheed Martin on upgrades citing progress
The Pentagon is reducing the funds withheld from Lockheed Martin Corp. for F-35s jets by $1.2 million a plane as the contractor works to verify and install the latest version of the fighter jet’s most capable hardware and software.
Lockheed Martin cautions on 2025 profit view, hindered by F-35 tech upgrade
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 tone for the year amid rising global tensions.
2d
on MSN
China's new stealth fighter spooks Wall Street about Lockheed Martin's F-35
Wall Street analysts worry that new Chinese stealth aircraft could persuade the US to buy fewer of Lockheed Martin's F-35 ...
5h
on MSN
Which Countries Helped Develop And Build The F-35 And What Did They Do?
The F-35 Lightning II may be the world's most advanced jet, but the U.S. didn't create it alone. Eight other countries helped ...
2d
Lockheed Martin cautious on 2025 profit view, shares sink 8%
Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples ...
Flightglobal
1d
“In flight malfunction’ caused F-35 crash during Alaska training flight: USAF
The pilot of the F-35 was able to safely eject, according to the USAF, and can be seen descending toward the ground under an ...
14h
F-35 Crash Video Shows Training Exercise Go Wrong in Alaska
A U.S. Air Force jet, estimated to be worth around $80 million, can be seen in video footage appearing to spin uncontrollably ...
1d
on MSN
More problems for the costly F-35 jet: Another just fell from the sky
The F-35s soaring costs, manufacturing delays and recent mishaps have led to a barrage of criticisms against the military's costliest weapons program.
Airforce Technology on MSN
14h
Lockheed Martin sees 5% sales growth, record $176bn backlog
Lockheed Martin has experienced a year of progress in 2024, with a sales increase of 5% and a year-end backlog valued at ...
18h
Lockheed Martin price target lowered to $497 from $500 at Wells Fargo
Wells Fargo analyst Matthew Akers lowered the firm’s price target on Lockheed Martin (LMT) to $497 from $500 and keeps an Equal Weight rating ...
2d
on MSN
Lockheed Martin Reports Mixed Results
Lockheed Martin reported mixed Q4 2024 earnings, with a record backlog but lower-than-anticipated figures due to classified ...
1d
on MSN
The Worst F-35 Crashes (And Why They Happened)
Recent events in the news have brought the safety history of the F-35 jet into the spotlight, though there's no discernible ...
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