In its fourth quarter 2024 investor letter, Ariel Focus Fund emphasized stocks such as Lockheed Martin Corporation (NYSE:LMT). Based in Bethesda, Maryland, Lockheed Martin Corporation (NYSE ...

Lockheed Martin plans to unveil a new "affordable" cruise missile on Monday with a cost of about $150,000 and a range of over 500 miles (800 km) as the defense contractor works to tap a US need to ...

as well as "state-of-the-art stealth technologies." Lockheed, a leading player in stealth aircraft for nearly five decades, expressed disappointment in the decision. "Lockheed Martin continues to ...

STORY HIGHLIGHTS Maryland Aviation Administration acquires land and cash from Lockheed Martin for aviation museum expansion. Lockheed Martin will conduct environmental cleanup at Martin State Airport.

CNBC’s Morgan Brennan and Lockheed Martin CEO Jim Taiclet, joins 'Power Lunch' to discuss defense stocks, DOGE impact on government efficiency and competition from defense tech startups.