U.S. markets were rebounding at midday from yesterday's big tech selloff caused by advances in artificial intelligence by a Chinese startup.
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.
Boeing stock is the best Dow Jones stock Tuesday as a positive cash flow outlook offsets a fourth-quarter miss.
Stocks traded higher Tuesday following a deep selloff in shares of technology companies after China’s DeepSeek rattled markets with a cheaper artificial-intelligence model.These stocks were making moves:Nvidia rose 6.
NASA’s commercial partners defended the Artemis moon mission plans Wednesday amid the specter of changes from the new Trump administration.
Boeing delivered a total of 25 fighter jets along with tankers, martime patrol aircraft, and military helicopters.
The USAF has announced a new $7 billion cash injection into its next-generation adaptive propulsion (NGAP) program.
Defense and aerospace majors Boeing (NYSE:BA), Raytheon (NYSE:RTX) and Lockheed Martin (NYSE:LMT) are scheduled to announce their Q4 earnings results on Tuesday, January 28th, before market open.
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LMT clinches a contract to install cutting-edge infrared threat detection sensors on the F-22 Raptor Aircraft.
Analyst Gautam Khanna from TD Cowen maintained a Buy rating on Lockheed Martin (LMT – Research Report) and decreased the price target to
L3Harris Technologies is the sixth-largest US defense contractor by sales. It formed in 2019 from the merger of L3 Technologies, a decentralized and acquisitive maker of sensors, and Harris, a sensor and radio manufacturer that ran a more unified business.