Competition for India's Medium Transport Aircraft (MTA) requirement is heating up, with both Embraer and Lockheed Martin talking up industrial work at the Aero India air show.

A special unit of the Indian police is using a special defense against drones. The Garuda Squad uses birds of prey to take the small aircraft out of the air. Tests so far have been successful, and the ...

Aero India 2025 takes off tomorrow, with a much-anticipated fifth-generation stealth fighter ‘duel’ between Russia’s Sukhoi ...

This company has increased its dividend for 22 consecutive years.

This is the latest in a series of delays for the Lockheed Martin-made fighter, causing modernization efforts to slip further ...

Chinese scientists have tested a turbojet engine, capable of touching Mach 4 speeds, sparking rumors of a new SR-71-like spy plane.

This reflects a 3.3% increase over the approved funding during fiscal 2024. Such enhanced funding provisions, thereby, raised the chance of increased order inflows for major defense primes from ...

This story has been updated to reflect the correct speaker on the Lockheed Martin earnings call and that company Chief Financial Officer Jay Malave was referring t ...

The Pentagon’s fleet of F-35 fighter jets may not receive the full, combat-ready version of the TR-3 upgrade this year, Lockheed Martin executives acknowledged today.

Lockheed expects to generate a free cash flow in the range of $6.60-$6.80 billion. LMT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong ...

(RTTNews) - Lockheed Martin (LMT ... For 2024, net earnings were $5.3 billion, or $22.31 per share, including $2.0 billion of losses for classified programs, compared to $6.9 billion, or $27. ...