The $60-billion effort to build new warships for Canada’s navy has hit another snag, this time in the form of a legal challenge by one of three companies in the competition to design the vessels. The ...

Lockheed Martin reported on Tuesday that its second-quarter profit plunged by about 80 per cent, after the U.S. defense group ...

WASHINGTON (Reuters) -The U.S. Navy will eliminate defense giant Lockheed Martin Corp from the competition to build its next-generation carrier-based stealth fighter - a key part of plans to confront ...

Liberals in tough spot over fighter jet procurement as rumours swirl of Boeing F/A-18 purchase as interim solution to "capability gap" ...

Lockheed Martin stock tumbled Tuesday as the defense contractor announced $1.6 billion in program losses and slashed its full ...

Lockheed Martin, the manufacturer of the controversial F-35 warplane, underscored in a slick presentation what it is already doing for the Canadian aerospace industry and what more it can likely ...

While the F-35 won the Joint Strike Fighter competition, its rival, the Boeing X-32, was a surprisingly capable aircraft ...

WASHINGTON/HELSINKI — Finland has chosen U.S. defense giant Lockheed Martin’s F-35 fighters in a tender to replace aging F/A-18 combat jets, a source familiar with the matter told Reuters on Friday.

After losing the Next Generation Air Dominance (NGAD) contract to Boeing, Lockheed Martin has a new plan for its F-35 stealth ...

WASHINGTON (Reuters) -Lockheed Martin Corp has withdrawn from the U.S. Air Force's competition to build at least 75 refueling tankers, the company said, giving Boeing's KC-46 Pegasus a boost in the ...

Despite significant charges and tax uncertainties, Lockheed Martin Corp (LMT) reaffirms its sales guidance and showcases ...