Lockheed Martin reported a drop in net earnings to $1.5 billion in Q1 2026, down from $1.7 billion the previous year, with revenue slightly below expectations at $18 billion. The company faced production delays in its F-16 fighter jet and C-130 transport aircraft programs, which contributed to a negative free cash flow of $291 million despite steady demand in its defense portfolio. CEO Jim Taiclet highlighted strong performance in strategic programs like the F-35, F-22, and missile defense systems, and new agreements to expand munitions production. Despite the cash flow challenges, Lockheed Martin reaffirmed its full-year guidance with expected sales between $77.5 billion and $80 billion and free cash flow of $6.5 billion to $6.8 billion.
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
Small-cap stocks in the U.S. market continue to be the most undervalued segment, even after their best first-half performance in over 30 years, according to Morningstar's Q3 2026 outlook. The overall market shows a modest 8% discount to fair value, b...
Xanadu Quantum Technologies and Lockheed Martin have launched a collaboration to enhance quantum computing skills among Lockheed Martin engineers through the Quantum Talent Pipeline (QTP) program. This initiative uses Xanadu's PennyLane platform and ...
Lockheed Martin reaffirmed its 2026 financial guidance with expected sales of $77.5–$80 billion, EPS of $29.35–$30.25, and free cash flow of $6.5–$6.8 billion, anticipating margin improvements in the second half of the year. The company faces near-te...
