F-35, Lockheed Martin

Lockheed Martin settles US allegations of defective pricing on F-35 contracts
U.S. defense contractor Lockheed Martin Corporation has agreed to pay $29.74 million to settle allegations of defective pricing on contracts for F-35 military aircraft, the U.S. Justice Department said on Thursday.
Lockheed Martin spends $30 million to settle F-35 overcharge dispute
Lockheed Martin has agreed to pay nearly $30 million to settle allegations that it failed to disclose accurate pricing data on contracts for its F-35 fighter jet.
Lockheed Settles F-35 Whistleblower Pricing Suit For $29.7 Million
Lockheed Martin has agreed to pay $29.7 million to settle a lawsuit filed by a whistleblower over allegations of illegal pricing on F-35 production and sustainment contracts, the Justice Department says. The agreement closes an eight-year-old case brought by Patrick Girard, a former senior staff...
Lockheed Martin awarded $2.8 billion THAAD development contract
Lockheed Martin has been awarded a US$2.8 billion contract from the US Missile Defense Agency (MDA) for a follow-on development contract for the Terminal High Altitude Area Defense (THAAD) weapon system.
Lockheed Martin price target lowered to $510 from $600 at Argus
Argus analyst John Eade lowered the firm’s price target on Lockheed Martin (LMT) to $510 from $600 but keeps a Buy rating on the shares and
Lockheed Martin to pay Defense Department $40M in settlement over inflated pricing proposals
Lockheed Martin has agreed to pay approximately $40 million to the U.S. Department of Defense to settle allegations that it provided false information to secure larger contracts for its F-35 fighter jets,
Lockheed Martin Secures a Contract to Support Submarines
Lockheed Martin Corporation LMT recently clinched a contract involving submarines. The award has been offered by the Naval Sea Systems Command, Washington, D.C. Details of LMT's Deal Valued at $23.5 million,
Lockheed Martin Syracuse wins one of largest contracts in its history, preserving 200 jobs
Lockheed Martin’s plant in Salina has won a U.S. Navy contract worth up to $1.36 billion to produce an electronic warfare ...
U.S. OK's $7.4B in military sales to Israel, including Lockheed Hellfire missiles
The U.S. State Department has approved the potential sales of missiles, munitions and other equipment to Israel in deals totaling ~$7.4B, the Pentagon said Friday. A $6.75B package includes munitions, ...
Lockheed Martin to add up 300 jobs in Titusville after winning Navy missile contract
The company also will be building a $140 million, 225,000-square-foot advanced manufacturing facility in Titusville for the ...
Lockheed Martin Has Headwinds in 2025
RTX and Lockheed Martin are both great buys for dividend growth investors, but one is moving higher now, and the other is preparing for a rebound.
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Lockheed Martin employee files complaint against the company
On Jan. 29, a Lockheed Martin employee filed a formal record against the company, initiating an investigation of alleged ...
Lockheed Martin cautious on 2025 profit view, shares sink 8%
Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples ...
Lockheed Martin Reports Mixed Results
Lockheed Martin reported mixed Q4 2024 earnings, with a record backlog but lower-than-anticipated figures due to classified ...
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Lockheed Demos OSIRIS 5G System Capabilities in USMC Exercise
Follow Lockheed Martin's progress on developing the 5G Open Systems Interoperable and Reconfigurable Infrastructure Solution ...