Against this backdrop, I am not concerned by the continued growth in backlog, in fact, I view it as a sign of strength that underscores Lockheed's premier position with the US Department of Defense.

Lockheed Martin has reported 2024 net sales of $71 billion, a 5 percent increase from $67.57 billion generated in 2023, and backlogs of $176 billion compared to just $160.6 billion the year prior.

Lockheed Martin had a decent 2024 and FQ4, but results were weak due to softness in two of the four segments. The $18.62 billion in net revenue is also down compared to the prior year, contrary to ...

Lockheed Martin Corp. plans to add up to 300 jobs in Titusville after winning a major Navy contract to produce components for next-generation, submarine-launched ballistic missiles. The average ...

Lockheed Martin has received a U.S. Navy contract worth approximately $1.36 billion to produce AN/BLQ-10 electronic warfare systems for the military branch’s submarines. The Department of ...

Plans for battery production near Atlanta have been scrapped as the developer pursues solar power construction in Texas.

Lockheed Martin Corp.'s announcement late Friday that it will add 300 high-paying jobs in Titusillle to support an extended Trident ballistic missile producton contract with the U.S. Navy is the ...

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GREENVILLE, S.C., Feb. 3, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced the delivery of the first F-16 Block 70 jet to Bulgaria, marking a major step forward in the country's ...

Bokaro Steel Plant (BSL) has taken a significant step toward energy efficiency by signing a Memorandum of Understanding (MoU) with Energy Efficiency Services Limited (EESL) on January 16.

WASHINGTON (Reuters) - U.S. defense contractor Lockheed Martin Corporation has agreed to pay $29.74 million to settle allegations of defective pricing on contracts for F-35 military aircraft ...

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