Lockheed Martin Corp (NYSE:LMT), the leading U.S. defense contractor, could see over $800 million in payments held back until June as it awaits approval for software crucial to its advanced F-35 ...

In January of this year, a Lockheed Martin F-35 Lightning II conducted the first flight while running the Technology Refresh 3 (TR-3) configuration in the skies over Edwards Air Force Base (AFB), ...

Aviation defense company Lockheed Martin reported software delays will result in fewer deliveries of its F-35 Lightning II fighter jet, executives announced during its earnings call. The jets are ...

Military planes, satellites, ships and other vehicles can see a vast portion of the world through cameras, radar, infrared sensors and other data collection. But the tools necessary to send critical ...

Palantir may deliver the biggest gains if its AI momentum continues, but Lockheed Martin's lower valuation and ...

The Pentagon will withhold about 10% of the price for new F-35s from Lockheed Martin Corp. until the contractor shows that new software works properly, potentially delaying more than $400 million in ...

Lockheed Martin Corp., Information Systems and Global Services, King of Prussia, Pennsylvania, is being awarded a $7,922,203 modification to a previously awarded cost-plus-fixed-fee contract ...

Finland is due to get its hands on Lockheed Martin sensor processing software to help improve target identification under a deal with local suppliers arranged as part of the country’s acquisition of F ...

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Green Hills Software congratulates NASA and Lockheed Martin on the successful first crewed flight of the Orion spacecraft, which runs the INTEGRITY ®-178 ...

Lockheed Martin said it would deliver as many as 53 fewer F-35s to the U.S. military and its allies this year as it struggles to certify the software that comes preloaded on new jets. The company now ...