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The Latest Breaking News from Lockheed

Bipartisan heat ramps up over stalled research tax break - Roll Call

Dozens of House members called for “immediate action” to restore a more generous tax break for companies’ research and development spending.

Roll Call

Biden praises Lockheed workers for making weapons for ‘Ukrainian heroes’

President says production of Javelin anti-tank missiles in Alabama critical to war effort, as he urges Congress to approve $33bn aid package

The Guardian - US

Javelin anti-tank missiles get Biden nod as Ukraine depletes US stash

WASHINGTON — President Joe Biden stressed the importance of U.S. and allied weapons for Ukraine’s defense Tuesday with a visit to a Lockheed Martin Corp. plant making Javelin anti-tank missiles, which American and NATO officials say have mauled Russia’s invading armored columns.

Tribune News Service

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US military tanker tracked flying over Cumbernauld and Airdrie having left Italy base

The Lockheed KC-130T Hercules flew above the Greater Glasgow area having departed Naval Air Station Sigonella near Catania in Sicily this morning en route to Reykjavík.

Glasgow Live

Biden to visit Lockheed plant producing weapons provided to Ukraine - White House

U.S. President Joe Biden will travel to Alabama on Tuesday to visit a Lockheed Martin Corp facility that is manufacturing weapons being provided to Ukraine, including Javelin anti-tank missiles, the White House said on Wednesday.

Reuters

Australian War Memorial seeks new funding from Lockheed Martin despite veterans’ criticism

Hundreds of Australians wrote letters saying sponsorship deals with arms manufacturers are ‘degrading to the memory of our war dead’

The Guardian - AU

European Demand For US Drones, Missiles Increases After Russian Invasion: Reuters

Reuters reported that European governments approached the U.S. government and defense contractors with a shopping list of arms, including drones, missiles, and missile defenses, as the Russian invasion of Ukraine drives renewed demand for U.S. weaponry. Germany, along with its potential deal for 35 Lockheed Martin Corp (NYSE:LMT) F-35 jet fighters, has inquired…

Benzinga

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Why Lockheed Martin Shares Are Falling

Lockheed Martin Corp (NYSE: LMT) shares are trading lower Wednesday following reports suggesting the Pentagon will order fewer stealth jets than previously planned.

Benzinga

North East is frontrunner in bid for £50m space plant as Lockheed Martin eyes potential sites

A decision is likely to be made this year, the chief executive of Lockheed Martin UK tells BusinessLive

Birmingham Post

Thinking About Buying Stock In Lockheed Martin, Northrop Grumman Or Raytheon? Here's The Bull Thesis

Aerospace and defense stocks are on the move Monday following positive analyst coverage amid the ongoing Russia-Ukraine conflict.

Benzinga

Is Lockheed Martin a Good Dividend Stock to Buy Now?

Security and Aerospace company Lockheed Martin's (LMT) operational performance helped it generate solid revenue growth in its last quarter. So, given the company’s strategic collaborations and proven history of stable dividend growth, is it worth betting on the stock now? Let's discuss.

StockNews.com

US sues to block Lockheed's purchase of supplier Aerojet

The Biden administration is suing to block a Lockheed Martin acquisition that it says would limit competition among companies that supply missiles to the Pentagon

The Independent UK

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