The X-59 jet, dubbed the “son of Concorde,” is one step closer to takeoff after the experimental aircraft taxied on a California runway at low speed using its own power for the first time on July 10, ...

Lockheed Martin and NASA have officially unveiled the X-59, a quiet supersonic aircraft designed to change the future of flight. We’re revisiting the tech, mission, and what’s next for this ...

Boeing's CEO said that the US Air Force's pick of its sixth-generation fighter design over Lockheed Martin cements its spot in the fighter jet business. The win puts it back in the stealth fighter ...

Boeing Beat Lockheed Martin for the Pentagon’s Jet Fighter Contract. Here’s What to Know. Deal is a boost for Boeing’s money-losing defense business—and its strained relationship with Trump ...

WASHINGTON, March 21 (Reuters) - U.S. President Donald Trump awarded Boeing (BA.N), opens new tab on Friday the contract to build the U.S. Air Force's most sophisticated fighter jet yet, handing ...

In each of the last two rounds of fighter jet upgrades, Lockheed Martin (LMT 2.09%) emerged victorious over Boeing in competitions to build the F-22 and the F-35, respectively.

Boeing and Lockheed Martin had been competing to score the Pentagon contract for a next-generation fighter jet, with the deal valued at $20 billion or more.

The Lockheed Martin (LMT-0.57%) F-22 Raptor stealth fighter is arguably the most expensive fighter jet ever built, costing an estimated $400 billion per unit. That's part of the reason it's no ...

With 104 F-35 Joint Strike Fighter jets delivered to-date, but a goal of selling more than 5,000 of the birds eventually, Lockheed Martin has been hoping the F-35 would "catch fire." Just not like ...

GREENVILLE — Defense contractor Lockheed Martin is laying off about 10 percent of its workforce in Greenville, which it calls its “global home of the F-16” fighter jet. The global weapons ...

Fort Worth-based Lockheed Martin Corp. is set to receive billions of dollars in defense contracts as the company announced it fully stocked Norway with a fleet of F-35 fighter jets.

Boeing's CEO said its win over Lockheed Martin with the F-47 ... the US Air Force's pick of its sixth-generation fighter design over Lockheed Martin cements its spot in the fighter jet business.