Lockheed Martin’s profit fell in the first quarter, although sales edged higher as demand for weapons continued to accelerate.

Lockheed Martin (NYSE:LMT) executives struck an upbeat tone on the company’s first-quarter 2026 earnings call, citing sustained demand across major defense and space programs, a notable international fighter win,

By Mike Stone and Aishwarya Jain April 23 (Reuters) - Lockheed Martin reported a lower first-quarter profit on Thursday, as high costs on fixed-price contracts and production slowdowns on some programs undercut the defense giant's ability to cash in on soaring demand.

Sales in the missiles and fire control business rose 8 percent, while sales in the space segment increased 7 percent.

Lockheed Martin , the largest U.S. defense contractor and maker of fighter jets, missile systems and military spacecraft, reported results on Thursday that missed

Lockheed Martin Corp. must defend a proposed class action challenging its decision to offer target-date funds managed by an in-house subsidiary as the default investment option in three retirement plans covering its workforce.

Lockheed Martin is significantly expanding its investment in emerging defense technologies by increasing the capacity of its venture capital arm from $400 million to $1 billion. Why Is Lockheed Martin Expanding Its Venture Fund?

The U.S. Air Force and Navy proposed stepping up purchases of Lockheed Martin's (LMT) F-35 fighter jet over the next five years, a show of confidence for a plane that critics have said is becoming obsolete,