News

Lockheed Martin flags $1.6 billion charge in second quarter

U.S. defense giant Lockheed Martin said on Tuesday it had recorded pre-tax losses of $1.6 billion predominantly on a classified program at its Aeronautics segment.

Lockheed Martin’s Q2 Earnings: F-35 challenges and defense budget impact in focus

Lockheed Martin, which manufactures a host of military aircraft platforms, including the F-35 Lightning II, the F-22 Raptor, ...