A record-breaking year for F-35 deliveries, but the truth behind the numbers may surprise you.
Last September the Pentagon and Lockheed Martin finalized terms for production Lots 18 and 19 of the F-35 Joint Strike Fighter program, agreements totaling $24 billion for delivery of up to 296 ...
・The F‑35 program is the DoD’s largest acquisition program with an estimated cost of over $2 trillion to buy, operate and sustain the F-35 over its lifetime. ・The watchdog alleged that the F-35 JPO ...
The U.S. Dept. of Defense Office of Inspector General found that the F-35 Joint Program Office (JPO) did not consistently hold Lockheed Martin accountable for poor performance related to F-35 ...
Lockheed Martin (LMT) remains a dominant defense contractor, but current valuation and regulatory risks warrant a hold rating. LMT faces execution issues, notably with the F-35 program, and a ...
Lockheed Martin revenue increased 8.8% to $18.6 billion compared with the year-ago quarter, while segment operating profit was up a similar 8.5% to just over $2 billion, a 12.3% margin. Investors have ...
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