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Lockheed Martin Corp. caught investors off guard with $1.6 billion in charges and a possible tax hit that sent its stock tumbling, the latest setback for the defense giant whose popular F-35 jet faces ...
Lockheed Martin stock tumbled Tuesday as the defense contractor announced $1.6 billion in program losses and slashed its full-year profit forecast.
Results: The defence equipment maker's net profit tanked 80%, while revenue dropped to $18.16 billion, compared with an average expectation of $18.57 billion.
Shares of security and Aerospace company Lockheed Martin (NYSE:LMT) fell 6.6% in the morning session after the company ...
Shares down 8 per cent after contractor cuts forecast, saying losses stem mainly from a classified aeronautics programme ...
Lockheed Martin reported on Tuesday that its second-quarter profit plunged by about 80 per cent, after the U.S. defense group ...
WASHINGTON] Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after ...
Documents obtained by The Canadian Press indicate the Department of National Defence is mulling the possible acquisition of ...
The delivery was facilitated through Mitsubishi Corporation under a direct commercial sale arrangement after rigorous ...
Royal Canadian Air Force (RCAF) Boeing CF-18 Hornet fighters, as well as the incoming Lockheed Martin F-35A stealth fighters ...
PilotPhotog on MSN8d
Canada’s Fighter Jet Showdown: F-35 vs Super Hornet vs GripenIn order to replace its aging CF-188s or legacy hornets, Canada has put forth a request to acquire 88 new fighter aircraft by ...
Brown Advisory Inc. reduced its stake in Lockheed Martin by 8.2%, selling 2,768 shares during the first quarter and retaining 30,893 shares worth $13.8 million. Several hedge funds also jumped in, ...
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