Lockheed and Northrop shares dive
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Lockheed to triple production of interceptor missiles
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Lockheed Martin said on Wednesday it delivered 191 F-35 fighter jets in 2025 to the United States and its allies, a record for the program. "Annual F-35 production is now running at a pace five times faster than any other allied fighter currently in production,
Shares in the world's leading defense contractor, Lockheed Martin (NYSE: LMT), rose 3.5% on the opening of trading as the market rushed to buy into defense stocks in the wake of recent events in Venezuela.
Lockheed Martin (LMT) outlook: valuation, F-35 execution risks, EPS decline, leverage and regulation vs Taiwan/Turkey catalysts—read now before buying.
Defense stocks rebounded sharply in after-hours trading following President Donald Trump’s social media post outlining plans for a significantly increased defense budget.
Canada’s industry minister is planning to meet with executives at Lockheed Martin Corp. soon to try to leverage more jobs out of a multibillion-dollar deal to acquire fighter jets.