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Tag Archives: lockheed martin corp.

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

An F-35C Lightning II arrives April 15, 2016, at Hill Force Base, Utah. The aircraft is the first Navy variant to arrive at the base where it will undergo depot modifications through this summer. The aircraft is assigned to the Navy’s Strike Fighter Squadron 101 at Eglin AFB, Florida. (U.S. Air Force photo/R. Nial Bradshaw)

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

Lockheed Martin Corp.'s F-35 Joint Strike Fighter is pictured in this undated company photo. (Lockheed Martin Corp./via Bloomberg)

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

An F-35C Lightning II arrives April 15, 2016, at Hill Force Base, Utah. The aircraft is the first Navy variant to arrive at the base where it will undergo depot modifications through this summer. The aircraft is assigned to the Navy’s Strike Fighter Squadron 101 at Eglin AFB, Florida. (U.S. Air Force photo/R. Nial Bradshaw)

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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