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.
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.
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.
NASA’s commercial partners defended the Artemis moon mission plans Wednesday amid the specter of changes from the new Trump administration.
The USAF has announced a new $7 billion cash injection into its next-generation adaptive propulsion (NGAP) program.
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.
Utah’s story has always been one of bold ambition. By investing in a spaceport and the future of space exploration, we’re paving the way for the next frontier of possibility.
The U.S. Air Force has dramatically plussed-up contracts with General Electric and Pratt & Whitney, both of which now have a ceiling of $3.5 billion, to continue work on prototype next-generation jet engines.