Lockheed Martin took a $225 million loss on a secret program being conducted by its aeronautics division, company officials divulged, but the program will go forward and is expected to enter production, Lockheed Martin CEO James D. Taiclet said on a second quarter earnings call ...
Sustainment of the F-35 is rapidly becoming the most profitable part of the program, as growing numbers of jets, bases and depots drive a greater demand for parts and services, top Lockheed Martin officials said in an April 20 corporate earnings call. The comments come ...
A downturn in defense spending may create some “attractive” pricing on companies Lockheed Martin may want to acquire, and it has the cash to pick up some bargains, company President and Chief Executive Officer James D. Taiclet said in a second-quarter earnings call July 21. ...