The deal is a boost for the jet maker’s money-losing defense business.

For more than a decade, the U.S. Pentagon has been mulling the idea of replacing its fifth-generation stealth fighter jets, ...

Sikorsky reported successful flight tests for its 115-pound, battery-powered twin prop-rotor unmanned aircraft.

President Donald Trump announced the Pentagon’s decision to move forward with a next-generation fighter jet titled F-47 on ...

Shares of major defense contractor Lockheed Martin (NYSE: LMT) fell hard on Friday, down 7% as of 12:31 p.m. EDT on Friday. Lockheed shareholders received the unfortunate news that the Trump ...

Trump said at the White House on Friday that Boeing beat out Lockheed Martin on an award that could eventually yield hundreds of billions of dollars.

Golden Dome could be an all-encompassing threat assessment with buy-in from all areas of the defense tech and AI industries, ...

WASHINGTON (Reuters) -U.S. President Donald Trump will personally announce the Pentagon's decision on a next-generation fighter jet contract worth at least $20 billion as soon as Friday, despite ...

Lockheed Martin subsidiary Sikorsky has successfully flown an electric-powered, 115-lb (52-kg) autonomous drone that uses what it calls a "rotor blown wing" to fly like both a helicopter and an ...

The U.S. State Department has authorized the potential sale of drones to Qatar for $1.96 billion. Key contractors include ...

The Pentagon is expected to announce its decision on the Next Generation Air Dominance program shortly, overcoming budget concerns. Lockheed Martin and Boeing are competing to replace the F-22 Raptor ...

Based in Bethesda, Maryland, Lockheed Martin Corporation (NYSE ... given the increasing capabilities of drones. This was further fuelled by news that Musk’s SpaceX is likely to be part of ...