Both firms, and many more, have been sued by employees in class action lawsuits over the PRT deals made with insurance ...

Defense contracting giant Lockheed Martin was left in the dust by Boeing's exceptional sixth-generation aircraft: the F-47.

P resident-elect Donald Trump reportedly told Lockheed Martin CEO Jim Taiclet that he plans to cancel the $1 trillion F-35 contract because 'China is winning the fighter race' while the company ...

Wall Street is reacting to last week's news that Lockheed Martin (NYSE: LMT) has lost the battle to produce the Air Force's next-generation fighter. The commentary is putting new pressure on ...

Photo: Yuri Gripas/Bloomberg News The Pentagon wants the new F-47 jet fighter to replace the stealthy F-22, a Lockheed aircraft, and fly alongside semiautonomous drones that are already well into ...

Lockheed Martin has dominated the stealth fighter jet ... delayed production on new planes, and other company issues. "We recognize the importance of designing, building and delivering a 6th ...