U.S. markets were rebounding at midday from yesterday's big tech selloff caused by advances in artificial intelligence by a Chinese startup.
Nvidia and Broadcom claw back some losses from Monday’s deep selloff in artificial-intelligence stocks, General Motors posts better-than-expected adjusted earnings, and Boeing reports a fourth-quarter core loss of $5.
Boeing stock is the best Dow Jones stock Tuesday as a positive cash flow outlook offsets a fourth-quarter miss.
Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples with the delayed rollout of upgrades to the F-35 fighter jet that are vital to its bottom line.
Analyst Gautam Khanna from TD Cowen maintained a Buy rating on Lockheed Martin (LMT – Research Report) and decreased the price target to
Analyst Kristine Liwag from Morgan Stanley maintained a Hold rating on Lockheed Martin (LMT – Research Report) and decreased the price target
Lockheed Martin has experienced a year of progress in 2024, with a sales increase of 5% and a year-end backlog valued at $176bn.
NASA’s commercial partners defended the Artemis moon mission plans Wednesday amid the specter of changes from the new Trump administration.
Emirates, the world's largest Boeing 777X customer, is still waiting for them. Deliveries are set to begin in 2026.
In 2023, Mads Petersen, owner of Greenland-based startup Arctic Unmanned, sat in a car to keep warm while he tested a small drone at minus 43 degrees Celsius (minus 45 degrees Fahrenheit). The cold soon drained the drone's power.
Update: U.S. Army contracting is not on hold, the Defense Department said Tuesday in an attempt to clear up confusion stemming from email guidance that circulated in anticipation of an administration memo to get all “financial assistance” in line with recent Trump administration executive orders,
The latest charges raise Lockheed’s historic losses to $1.4 billion on the classified program in M&FC. All losses reported so far on the classified Aeronautics program now add up to $825 million.