Lockheed Martin is a global aerospace, defense, security, and advanced technology company that specializes in designing and manufacturing innovative systems, products, and services for government and commercial customers
The company is primarily known for its development of advanced military aircraft, missile defense systems, and space exploration technologies. Lockheed Martin also plays a key role in various programs related to cybersecurity, autonomy, and advanced manufacturing, focusing on fostering technological advancements that enhance national security and support international defense initiatives. Through its various sectors, the company aims to address complex challenges and provide cutting-edge solutions to enhance safety and security for its clients around the world.
A senior Pentagon official told the Washington Post that the Trump administration wants to reallocate about $50 billion to the president's other priorities.
The defense sector is on watch after the Trump administration ordered senior officials at the Pentagon and throughout the U.S. military to prepare for sweeping budget cuts.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates),
and the industry has underperformed the market over the past six months as its 5.9% return lagged the S&P 500 by 3.5 percentage points.
U.S. officials led by Secretary of State Marco Rubio met with Russian officials led by Foreign Minister Sergey Lavrov in Saudi Arabia to begin discussions to end the war in Ukraine.
Canadian Prime Minister Justin Trudeau seeks to highlight the adverse effects of the U.S. steel and aluminum tariffs and has warned of a strong response if required.
Former Celsius Holdings vice president and controller pleads guilty to securities fraud related to insider trading. Lockheed Martin pays nearly $30 million to resolve allegations of defective pricing on defense contracts.
