The Latest Breaking News from Lockheed

Dozens of House members called for “immediate action” to restore a more generous tax break for companies’ research and development spending.

President says production of Javelin anti-tank missiles in Alabama critical to war effort, as he urges Congress to approve $33bn aid package

Lockheed Martin is the IBD Stock of the Day. LMT stock is among several defense giants in bases trying to bounce off key support levels.

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

Investors continued to digest earnings reports this week and are preparing for results from Netflix after the close.

"Global events this quarter marked a dramatic change in the geopolitical environment," said CEO James Taiclet.

New York (AFP) - US arms manufacturers are not cashing in directly from the thousands of missiles, drones and other weapons being sent to Ukraine, but they do stand to profit big-time over the long run by supplying countries eager to boost their defenses against Russia.

Reuters reported that European governments approached the U.S. government and defense contractors with a shopping list of arms, including drones, missiles, and missile defenses, as the Russian invasion of Ukraine drives renewed demand for U.S. weaponry. Germany, along with its potential deal for 35 Lockheed Martin Corp (NYSE:LMT) F-35 jet fighters, has inquired…

Recently collapsed merger with larger rival has been followed by intensified boardroom fight for control.