Lockheed Martin (NYSE:LMT) shares may face an extended period of stagnation because of continued challenges with its flagship ...

The research firm also noted that Lockheed did not sign the F-35 Lot 18/19 contract in the second quarter, representing a negative $1 billion free cash flow difference compared to Street estimates ...

Lockheed Stock Rises Despite Downgrade. ... FDH Hardware brand AIAP to offer MS Aerospace’s selection of fasteners to manufacturers of the Lockheed Martin F-35 program COMMERCE, Calif., July ...

TD Cowen downgraded Lockheed Martin (NYSE:LMT) to Hold saying the ongoing issues with its flagship F-35 program and fresh execution risks that may weigh on earnings and free cash flow in the near term ...

Lockheed Martin also saw a strong Q1 with a revenue increase of 13.7% YoY according to its latest 10-Q. Contributing to its positive outlook, LMT has a backlog of 373 F-35 aircraft internationally.

U.S. equities gained at midday on better-than-expected consumer inflation news and a trade agreement between the U.S. and China.

Lockheed Martin says a new five-year deal to sustain the F-35 fleet won’t be reached by the end of this year. The Pentagon says it might not happen at all.

While Lockheed would take on more risk, company officials said the flexibility of such a deal is worth it, and they have expressed confidence in their ability to cut demand for F-35 parts. Audrey ...