The Latest Breaking News from Lockheed Martin

GAO: Congress has been buying planes that lack crucial parts and haven't undergone full testing, so costly upgrades will eventually be needed.

With boastful displays and arms maker sponsors, the memorial falls ever shorter of duty to commemorate the toll of war

Germany will buy 60 CH-47F Chinook heavy transport helicopters from Boeing worth around 5 billion euros ($5.40 billion)as it upgrades its military armour, Bild am Sonntag newspaper reported on Sunday, citing government sources.

Thursday: Labor leader Anthony Albanese wins the first leaders’ debate. Plus: Russia tests new missile from its nuclear arsenal

Wells Fargo analyst Matthew Akers raised the price target for Lockheed Martin Corp (NYSE:LMT) to $496 (an upside of 9%) from $486 while maintaining the Equal-Weight rating on the shares. The analyst stated that most of LMT's Q1 beat vs. the firm's model was driven by lower tax/interest, while operations were slightly ahead, including a…

Over the past 3 months, 8 analysts have published their opinion on Lockheed Martin (NYSE:LMT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Hundreds of Australians wrote letters saying sponsorship deals with arms manufacturers are ‘degrading to the memory of our war dead’

Ukraine invasion is not the first conflict Western governments have used to showcase weapons to potential buyers, writes Andrew Buncombe

Putin's war is a tragedy for the world, but it already has big winners: Weapons firms and the Pentagon budget

Someone with a lot of money to spend has taken a bearish stance on Lockheed Martin (NYSE:LMT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Lockheed Martin Corp (NYSE:LMT) reported a first-quarter FY22 net sales decline of 8% year-over-year to $14.96 billion, missing the consensus of $15.55 billion. EPS declined to $6.44 from $6.56 in 1Q21, beating the consensus of $6.21. The operating profit decreased by 11.4% Y/Y to $1.93 billion, and the margin contracted by 50 bps…