The defense contractors’ stocks move in opposite directions after Lockheed discloses $1.6 billion in losses on its legacy defense business.

Live Updates Live Coverage Has Ended Lockheed Down 6.4% 10:54 am by Eric Bleeker Lockheed shares are down 6.4% in morning trading. Extra salt in the wounds of Lockheed investors comes compliments of ...

Live Updates Live Coverage Updates appear automatically as they are published. Executive Team Quotes 7:27 am by “The Northrop Grumman team delivered a strong second quarter, with increased sales and ...

Key Points Northrop topped expectations even after stripping out one-time items, and raised its full-year guidance. The company has a great long-term franchise, but investors should be careful chasing ...

Defense titans Lockheed Martin, RTX Corp, and Northrop Grumman Corp report earnings. RTX has strong momentum but high valuations, LMT is struggling, and NOC is a steady performer.

The defense industry is generally well-positioned for expected spending and budget increases, which will compound what was already a steady and strong global business. The caveat is that ...

Developers of several promising new aerospace technologies, including augmented reality cockpits and in-flight automation, ...

LMT, RTX, NOC Price Action: At publication time, Lockheed Martin shares were up 1.72% at $430.46, RTX shares were up 1.58% at $124.34 and Northrop Grumman shares were up 1.26% at $443.87 ...

Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have received $1.5 billion in prototype agreements from the Space Development Agency to develop and operate 72 Beta satellites for the ...