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Lockheed Martin Faces Up to $1 Billion Loss on Classified Program

Lockheed Martin braces for a significant financial hit, anticipating a loss up to $1 billion across its classified missile project; profitability not expected until 2028.

Discovered 2024-04-23T12:12:07.962808-07:00 | 2024-04-23T12:12:07.962808-07:00

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2024-04-23T05:02:06.220108-07:00 • 2024-04-23T05:02:06.220108-07:00

Lockheed Martin Exceeds Q1 Earnings Expectations, Reaffirms 2024 Outlook Amid Strong Defense Demand

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2024-04-15T11:51:05.237522-07:00 • 2024-04-15T11:51:05.237522-07:00

Lockheed Martin Secures $17 Billion Contract for Next-Gen Missile Defense

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2024-04-09T15:41:47.221026-07:00 • 2024-04-09T15:41:47.221026-07:00

Lockheed Martin Secures $181M F-35 Program Contract Expansion

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2024-04-08T10:16:24.073966-07:00 • 2024-04-08T10:16:24.073966-07:00

B-21 Raider Program Sees $2 Billion Budget Reduction

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2024-04-02T01:59:30.018368-07:00 • 2024-04-02T01:59:30.018368-07:00

Lockheed Martin Clinches $483M Contract for JAGM and Hellfire Missiles Production

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2024-03-05T08:35:29.997090-08:00 • 2024-03-05T08:35:29.997090-08:00

Pentagon Classifies Final F-35 Evaluation Report

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2024-02-27T04:43:50.032401-08:00 • 2024-02-27T04:43:50.032401-08:00

Lockheed Martin to Advance X2 Tech Internationally Despite US Army Setbacks

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2024-01-30T07:38:48.620048-08:00 • 2024-01-30T07:38:48.620048-08:00

Lockheed Martin and Boeing Secure Contracts for MUOS Satellite Design

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2024-01-25T14:53:23.711365-08:00 • 2024-01-25T14:53:23.711365-08:00

USAF Faces $13B Capability Loss Amid Budget Stalemate

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2024-01-25T11:55:48.589149-08:00 • 2024-01-25T11:55:48.589149-08:00

Northrop Grumman Faces $1.6B in Charges Amid B-21 Cost Overruns

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