Facing budget constraints and shifting priorities, the US military significantly reduced F-35 orders, impacting Lockheed ...

The Air Force typically buys four or five dozen F-35s each year. The plan to purchase only 24 would represent a major scaling ...

With the US slashing its own F-35 orders and Canada facing a massive cost surge, doubts grow over America’s push to sell the ...

The defense contractor's shares fell on Wednesday amid a report that the Pentagon was only requesting 24 F-35s from Congress.

Pentagon officials have trimmed the U.S. Air Force's F-35A fighter jet order dramatically, requesting just 24 aircraft in fiscal year 2026-cutting it ...

Shares of defense prime contractor Lockheed Martin fell early Wednesday on concerns the Air Force isn’t ordering as many F-35 ...

The Pentagon is also requesting fewer F-35s for the Navy and Marine Corps compared to current-year funding levels. The Navy is seeking $1.95 billion for 12 carrier variants, down from 17, while the ...

The Air Force has cut in half its request to Congress for its signature F-35s, dealing a blow to Lockheed Martin Corp., the ...

Order Cut Underscores Pentagon Budget Constraints The U.S. Air Force trimmed its F?35 jet request from 48 to 24 aircraft, per ...

Lockheed Martin shares dropped on Wednesday as investors reacted to news that raises questions about the firm's future ...

Lockheed Martin ( NYSE: LMT) stock dropped as much as 7% on Tuesday for the steepest intraday decline since March, following ...

The U.S. Air Force significantly reduced its request to Congress for new F-35 fighter jets, seeking just 24 aircraft for ...