Shares of defense prime contractor Lockheed Martin fell early Wednesday on concerns the Air Force isn’t ordering as many F-35 fighter jets. Lockheed stock fell 5.5% to $450.96 in early trading, while the S&P 500 and the Dow Jones Industrial Average were flat.

Lockheed Martin ( LMT -5.02%), the giant defense stock that makes America's vaunted F-16, F-22, and F-35 fighter jets, tumbled 5.5% through 11:40 a.m. ET Wednesday morning. And why? As Bloomberg reports, the U.S. Pentagon is reducing its budget request for new F-35 stealth fighter jets in fiscal year 2026.

Lockheed has booked a U.S. Army contract modification to supply M-TADS/PNVS night vision sensor systems for Apache helicopters.

Lockheed Martin got a $1.74 billion contract from the U.S. Army for work on a night-vision system. The Defense Department said Friday it added the amount to Lockheed's contract for the modernized target acquisition designation sight/pilot night vision system.

Northrop Grumman edges out Lockheed Martin as a top defense stock pick. Though we're reiterating our Buy rating on both, read more on why NOC is rated higher than LMT.

After a month on the picket lines, more than 300 Lockheed Martin workers at Waterton Canyon joined with UAW colleagues in Orlando to approve a new five-year contract.

Lockheed Martin has been awarded a $1 billion contract modification to continue its support for the U.S. Navy’s Conventional Prompt Strike (CPS) hypersonic weapons program, the Department of Defense announced.

Defense contractor Lockheed Martin announced the formation of the AI Fight Club, a virtual arena for training AI for real-world battles.