Lockheed Martin plans to unveil a new “affordable” cruise missile on Monday with a cost of about $150,000 and a range of over 500 miles as the defense contractor works to tap a U.S. need to ...

Lockheed Martin won a follow-on order for $1.9 billion in new stealthy, long-range missiles from the U.S. Air Force. The missiles comprise separate lots within a string of more than two dozen lots ...

The Pentagon’s fleet of F-35 fighter jets may not receive the full, combat-ready version of the TR-3 upgrade this year, Lockheed Martin executives acknowledged today. Lockheed still has work to ...

(1st Lt. Nathan Poblete/U.S. Air Force) The Pentagon and Lockheed Martin have reached a handshake agreement for two more lots of F-35 Joint Strike Fighters. The initial agreement will cover ...