Lockheed Martin announced that Greg Ulmer, president of its Aeronautics division, will retire after over 30 years with the company. Orlando Sanchez Jr., a former Air Force officer and leader of Skunk Works®, will take over as president on June 1. This leadership change is significant for the $30 billion Aeronautics business, which employs over 35,000 people and plays a key role in advancing defense technology. Ulmer will assist during the transition as Sanchez aims to build on the division's strong legacy and continue delivering critical aerospace solutions.
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...
