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Lockheed Martin (NYSE:LMT) shares may face an extended period of stagnation because of continued challenges with its flagship ...
Summary Invesco Aerospace & Defense ETF warrants a rating downgrade to a hold due to safety issues facing Boeing and Lockheed Martin's F-35 program delays.
The downgrade comes amid persistent concerns surrounding Lockheed’s F-35 fighter jet program.
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U.S. equities gained at midday on better-than-expected consumer inflation news and a trade agreement between the U.S. and China.
The variants of the Lockheed Martin-made F-35 are the only fifth-generation fighter aircraft available to Western militaries.
By the end of the year, a new and unusual deal for the F-35 fighter′s spare parts could be in place — one that would upend the current supply model.
Source: Lockheed Martin Lockheed completes final assembly of F-35s in Fort Worth, Texas. The company recently completed the 1,000th example of the advanced the stealth fighter, which still awaits ...
Lockheed Martin says a subcontractor is withholding F-35 materials, causing a national security threat by delaying deliveries of the military aircraft.
A Fort Worth judge says the F-35 contractor likely violated its Lockheed contract, but not in a way that threatens national security.
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