Truist analyst Michael Ciarmoli initiated coverage of Northrop Grumman Corp. NOC and Lockheed Martin Corp LMT with buy ratings because recent drops in their stock prices present a buying opportunity.

The Lockheed CL-1201 was an ambitious concept for the largest aircraft ever designed, featuring a 1,000-foot wingspan, a nuclear reactor, and the capacity to deploy 24 fighter jets.

Lockheed Martin announced on Jan. 22, 2025, that it has been awarded a $270 million contract from the U.S. Air Force to integrate a system of next-generation infrared defensive sensors on the F-22 ...

Nvidia announced it teamed up with Lockheed Martin in 2021 and the U.S. Department of Agriculture Forest Service and Colorado’s Division of Fire Prevention and Control to create a digital ...

The test, conducted at Ørland Main Air Station in Norway, reportedly used a 60/40 (traditional / SATF) blend of fuels, though Lockheed Martin has certified up to a 50/50 blend. Norway is ...

Truist Securities analyst Michael Ciarmoli initiates coverage on Lockheed Martin with a Buy rating and a $579 price target. Ciarmoli also initiates coverage on Northrup Grumman with a Buy rating ...

Lockheed Martin image. The delivery was made through Mitsubishi Corporation under a Direct Commercial Sale (DCS) arrangement after rigorous acceptance testing. “This milestone continues to demonstrate ...

Geopolitical tensions have surged, driving defense budgets up and benefiting companies like Lockheed Martin, which I rate as a buy for its project backlog. Lockheed Martin's reliance on government ...

Lockheed Martin [LMT] on Tuesday said it has successfully conducted the first live object tracking using the AN/SPY-7(V)2 radar the company is developing for Spain’s five-ship F-110 multi-mission ...

Lockheed Martin saw a significant price drop due to unmet Q3 expectations and issues with the F-35 program, but remains a strong buy. LMT's robust contracts, including a $3.2 billion deal with the ...