Shares of Lockheed Martin Corp (LMT) were in the spotlight on Thursday after Morgan Stanley lowered its price target on the stock to $555 from $599, while keeping an ‘Equal Weight’ rating on the shares.

Major US weapons manufacturers including Boeing and Lockheed Martin, along with Europe's Airbus and Chinese firms, put their wares on show at an arms fair in Hanoi Thursday as Vietnam looks to diversify its defence supplies away from Russia.

Lockheed Martin Corp. LMT recently secured a modification contract for the Precision Strike Missile (PrSM). The deal has been given by the Army Contracting Command, Redstone Arsenal, AL. Valued at $59.

A bipartisan letter name-checks companies like Boeing and SpaceX, arguing that providing satellite internet in troubled regions would help advance human rights.

Morgan Stanley lowered the firm’s price target on Lockheed Martin (LMT) to $555 from $599 and keeps an Equal Weight rating on the shares. 2025

American defense contractor Lockheed Martin announced its new Precision Strike Missile (PrSM) was test fired by an all Army crew for the first time.

U.S. Ambassador Mark Knapper emphasized America's commitment to supporting Vietnam's defense needs across land, sea, air, and cyberspace.

More than 140 companies from 27 countries and territories have put their names down as exhibitors for the expo

The Royal New Zealand Air Force (RNZAF) has taken delivery of its fifth and final Lockheed Martin C-130J tactical transport, as it also participates in a Vanuatu humanitarian mission.

Boeing has been awarded $450.5M by the USAF to modernize Japan's F-15J fleet, incorporating advanced radars, electronic warfare, and mission systems.

FlightGlobal’s 2025 World Air Forces directory suggests that Vietnam’s air force is comprised mainly of ageing Russian types. Fixed-wing combat aircraft comprise 41 Sukhoi Su-27/30s – with an additional five Su-27s serving as trainers – complemented by 32 obsolescent Su-22s.