U.S. markets were rebounding at midday from yesterday's big tech selloff caused by advances in artificial intelligence by a Chinese startup.
The company expects continued mid-single growth over 2025. The previous Trump administration reduced F-35 jet volume, but CEO Jim Taiclet said he expects tensions with China to drive greater sales.
The latest charges raise Lockheed’s historic losses to $1.4 billion on the classified program in M&FC. All losses reported so far on the classified Aeronautics program now add up to $825 million.
Raytheon (NYSE:RTX) and Lockheed Martin (NYSE:LMT) are scheduled to announce their Q4 earnings results on Tuesday, January 28th, before market open. The commercial aerospace market is looking generally positive for the final the quarter and the year ahead,
Nvidia rises following a deep selloff in artificial-intelligence stocks, General Motors posts better-than-expected adjusted earnings but the stock tumbles, and Boeing reports a fourth-quarter core loss of $5.
Boeing stock is the best Dow Jones stock Tuesday as a positive cash flow outlook offsets a fourth-quarter miss.
Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples with the delayed rollout of upgrades to the F-35 fighter jet that are vital to its bottom line.
Boeing delivered a total of 25 fighter jets along with tankers, martime patrol aircraft, and military helicopters.
Analyst Gautam Khanna from TD Cowen maintained a Buy rating on Lockheed Martin (LMT – Research Report) and decreased the price target to
LMT clinches a contract to install cutting-edge infrared threat detection sensors on the F-22 Raptor Aircraft.
Shares of Boeing (BA) advanced when CEO Kelly Ortberg ... However, shares of rival Lockheed Martin (LMT) dropped when the company's sales came up short of expectations and it took a huge charge ...
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