The deal to acquire Ultra is roughly $3.5 billion, and is being advised by Guggenheim and JPMorgan on the sell side, sources confirmed to CNBC. Talks were reportedly still ongoing, and a deal could be ...

A closer look at the story behind the world's last Tristar, and what the future holds for this unique aircraft.

Lockheed Martin has landed a potential $3 billion Army contract to continue work on the Sentinel A4 radar program The award covers production and engineering services through mid-2031 Sentinel A4 is ...

Lockheed Martin landed $44 billion in new Pentagon contracts, per daily award notices from June 22-24. Missile systems, ...

The U.S. Air Force ⁠on ⁠Wednesday awarded production contracts ⁠to General Atomics and Anduril Industries to build its ​first fleet of semi-autonomous Collaborative Combat Aircraft (CCA), moving a ...

General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons. Company executives said the deal was facilitated by the U.S. Department of ...

The lion’s share of the aerospace giant’s newest contract was devoted to F-35 fighter jet upgrades, to be performed at its facility in Fort Worth, Texas. The new contracts are just a small but ...

FORT WORTH, Texas — The U.S. Department of War has announced a major investment in North Texas aerospace, awarding Lockheed Martin military contracts totaling more than $1 billion. The bulk of the ...

The Department of War awarded Lockheed Martin in Fort Worth over $879 million to support the F-35 aircraft delivery schedules. The deal is part of over $1 billion in contracts awarded to Lockheed ...

Defense contractor Lockheed Martin secured two Pentagon contracts worth $114 million. The Defense Department said in a May 26 notice that the company will provide one more year of engineering service ...

The United States explored the concept of the Lockheed CL-1201, an enormous nuclear powered aircraft designed to function like a flying aircraft carrier. The proposed machine would have carried ...

Despite increased demand for its products in the lead-up to the Iran War, Lockheed scored zero sales growth -- exactly flat year over year -- and earnings declined a steep 11.5%. Most discouraging of ...