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A lawsuit against defense contractor Lockheed Martin Corp. alleges that the company misled investors by downplaying risks in its government contracts and overstating its ability to deliver on time.
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Fort Worth-based Lockheed Martin Aeronautics Co. is on track to deliver 170 to 190 F-35s in 2025, officials said.
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The grants from the Texas Workforce Commission will to go toward training 1,900 people in manufacturing, construction, plumbing, engineering and more.
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Fort Worth-based Lockheed Martin Corp. is set to receive billions of dollars in defense contracts as the company announced it fully stocked Norway with a fleet of F-35 fighter jets.
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Elon Musk could be in for a Texas-sized fight when it comes to potentially scrapping the Fort Worth-assembled F-35 Lightning II, a popular manned military product he calls obsolete in the age of drones.
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Lockheed Martin Corp. is soaring with new multibillion defense and government contracts for next generation applications for technology in missile systems, unmanned air vehicles and weather satellite arrays.
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Aviation defense company Lockheed Martin Aeronautics will be laying off 200 workers at its F-35 assembly plant in Fort Worth.
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Aviation defense company Lockheed Martin reported software delays will result in fewer deliveries of its F-35 Lightning II fighter jet, executives announced during its earnings call. The jets are assembled in Fort Worth.
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A crowd of Belgian and Fort Worth officials heard the sound of thunder and saw flashes of lights that mimicked lightning before the curtains unveiled the first F-35 Lightning II that Lockheed Martin presented to the Belgian Air Force. Belgium is buying 34 of the jets.
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Budget hawks deride the fighter jet, built largely in Fort Worth, as a costly boondoggle. But with war in Ukraine, the F-35’s presence is being felt across Europe.
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It’s a very big day. Applause, cheers and deep thumping beats belie the athletic atmosphere. This is no stadium, but a large, festive room on Lockheed…
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Lockheed Martin’s Fort Worth factory has already added 1,800 workers in the past year. And on Monday, the aerospace giant held a hiring fair to add 400…