The Pentagon slashed its Air Force F-35 fighter jet request from 48 to 24 aircraft, delivering a significant blow to Lockheed ...

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

Pentagon cuts order of Air Force F-35 jets by half, reduces Navy and Marine Corps purchases amid delays and budget revisions.

An F-35A fighter jet performs a strafing run during an even in Arizona on Oct. 26, 2023. Deliveries of the newest F-35s have been stalled for months due to software problems with a key upgrade ...

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

Lockheed Martin rol.s out an F-35A Lightning II at a ceremony in December recognizing the purchase of 34 of the fifth-generation fighters by Belgium. Chris Hanoch Lockheed Martin Lockheed Martin ...

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 ...

Lockheed Martin in Fort Worth is building F-35 Joint Strike Fighters in three ... the likelihood of it ending or budget cuts and Musk’s comments, a Defense Department official said in a Thursday ...

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

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 ...

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