Lockheed

Lockheed Martin shares dropped as much as 7% on Wednesday after news that the Pentagon is asking for half of the F-35s it initially forecast for the Air Force.The defense contractor’s shares recovered to $456 at market close, or about 4.2% lower from $476, the price at the end of…

Laura Loomer, the far-right activist who has a direct line to President Donald Trump, criticized Lockheed Martin’s F-35 program over the weekend, decrying the US defense giant as “woke” and lashing out against the expensive stealth aircraft.In a lengthy post on X, Loomer suggested Lockheed Martin is delivering F-35 Lightning…

Lockheed Martin didn’t win the bid for America’s next-generation fighter, but its CEO still wants to build a jet that’s in almost the same league.At the company’s first-quarter earnings call on Tuesday, James Taiclet said he has set a new goal for his staff: To soup up the F-35 so…