The government refused to accept delivery of new F-35s for a year between 2023 and 2024, which led to jets being stockpiled ...

The U.S. Dept. of Defense awarded a five-year, $999-million contract Lockheed Martin Corp. for “lifecycle support” of two classes of missiles used by the U.S. Air Force – the Joint Air-to-Surface ...

Lt. Ethan "Soft Kitty" Albrecht flies F-35A AF-01 during a flight science mission over the Mojave Desert. (Ethan Wagner/Lockheed Martin Corporation/DVIDS) The Department of Defense did not ...

F-35 maintenance is a matter of much concern to operators: a recent Pentagon inspector general report found that the aircraft’s average availability rate for 2024 was only about 50%. The Pentagon ...

Lockheed Martin recently rolled out its first F-35A Lightning II for the Finnish Air Force. Finnish pilots are being trained to operate the craft at Fort Smith’s Ebbing Air National Guard Base.

Lockheed Martin continues to underperform, with a decade of low growth, margin pressure, and a lackluster trajectory. Recent White House scrutiny on defense contractor capital allocation threatens LMT ...

Dec 23 (Reuters) - U.S. F-35 fighter jets were available to fly only half the time in 2024 due to maintenance shortcomings by Lockheed Martin (LMT.N), opens new tab, a report from the Defense ...

Lockheed Martin received a ceiling contract modification worth $10 billion for a previously awarded contract with the U.S. Air Force. The Defense Department said Tuesday the modification brings the ...

The US defense giant Lockheed Martin is navigating a complex landscape of significant new business and pointed criticism as the year draws to a close. Investors are left to balance a substantial ...

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Lockheed Martin Skunk Works successfully completed a live demonstration of artificial intelligence driven mission contingency management (AI/MCM) on a Stalker XE Block 25 unmanned aerial vehicle (UAV) ...