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Tag Archives: lockheed martin corp.

Trump’s defense spending plan may boost Lockheed, but is it a gimmick?

Defense contractors and investors are celebrating Donald Trump’s plan to boost weapons spending, but Pentagon budgeting experts say he’s counting on savings that won’t come true — the old Washington saw of rooting out waste, fraud and abuse. “It’s a ...

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Lockheed’s F-35 contracts require vouches for fixes

As negotiations drag on over Lockheed Martin Corp.’s biggest U.S. contracts yet to build F-35 jets, one potential impediment hasn’t attracted public attention: a congressional requirement that the Air Force secretary certify the fighter will be in top shape within ...

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Lockheed beats analyst estimates as fighter-jet deliveries climb

Lockheed Martin Corp. reported second-quarter profit that topped analysts’ projections, bolstered by higher deliveries of F-35 Lightning II fighter jets. Earnings were $3.32 a share, Lockheed said in a statement Tuesday. The results exceeded the $2.93 average of 16 estimates ...

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