Lockheed Martin smashes earnings estimates in Q3 2024—So why is the stock tanking?

Pallavi Madhiraju- October 22, 2024 0

Lockheed Martin Corporation, the aerospace and defense giant, released its third-quarter earnings report for 2024, showing impressive profit growth yet sparking a surprising stock decline. ... Read More

Lockheed Martin and Tata Advanced Systems strengthen India-U.S. aerospace alliance with major C-130J agreement

Pallavi Madhiraju- September 10, 2024 0

In a move poised to significantly impact India’s aerospace landscape, Lockheed Martin (NYSE: LMT) and Tata Advanced Systems Limited have announced a groundbreaking teaming agreement ... Read More

U.S. Army’s historic $1.3bn javelin deal: What it means for global defense power

Pallavi Madhiraju- September 1, 2024 0

In a landmark decision underscoring its commitment to bolstering defense capabilities, the U.S. Army has awarded a monumental follow-on production contract to the Javelin Joint ... Read More

Lockheed Martin’s $450m acquisition of Terran Orbital: What it means for the future of space technology

Pallavi Madhiraju- August 15, 2024 0

Lockheed Martin has signed a definitive agreement to acquire Terran Orbital in a substantial transaction valued at approximately $450 million. This strategic acquisition will see ... Read More

Lockheed Martin unveils next-generation C-130J Super Hercules for New Zealand

Pallavi Madhiraju- August 9, 2024 0

In a transformative step for New Zealand’s tactical airlift capabilities, Lockheed Martin (NYSE: LMT) has delivered the first of five C-130J Super Hercules aircraft to ... Read More

Ukraine’s air power surge: How F-16s are set to shake up the war with Russia

Pallavi Madhiraju- August 4, 2024 0

In a significant boost to Ukraine's military capabilities, President Volodymyr Zelenskiy announced that Ukrainian pilots have started flying the U.S.-made F-16 fighter jets. This milestone ... Read More

Lockheed Martin delivers first F-16 Block 70 jets to Slovakia: A new era in European air defense

Pallavi Madhiraju- July 23, 2024 0

In a landmark development for European air defense, Lockheed Martin has delivered the first batch of F-16 Block 70 fighter jets to the Slovak Republic. ... Read More

Revolutionary C-130J Super Hercules from Lockheed Martin arrives at Youngstown, ushers in new era for Air Force missions

Pallavi Madhiraju- July 18, 2024 0

Lockheed Martin (NYSE: LMT) has taken a significant step in bolstering the U.S. Air Force Reserve's mission capabilities by delivering the first of eight C-130J-30 ... Read More

Lockheed Martin bags contract from NOAA for geostationary weather satellites

Pallavi Madhiraju- June 19, 2024 0

In a significant boost to the United States' weather forecasting capabilities, the National Oceanic and Atmospheric Administration (NOAA) has awarded Lockheed Martin a substantial contract ... Read More

Historic binational squadron completes training: A milestone for Franco-German military collaboration

Pallavi Madhiraju- June 6, 2024 0

In a landmark development, aircrew members from the French Armée de l’Air and the German Luftwaffe have successfully completed training as the first-ever binational C-130J ... Read More