Unmanned aerial vehicles or UAV, have been around since the early 1900s when they were first developed for military use.

Sikorsky, a Lockheed Martin company has successfully validated the advanced control laws to successfully fly a rotor blown wing uncrewed aerial system (UAS) in both helicopter and airplane modes.

The commentary is putting new pressure on Lockheed Martin shares, sending the stock down about 3% as of 10:30 a.m. ET. Boeing won an initial $19 billion contract to fund continued research and ...

Lockheed Martin shares were downgraded at several investment banks following the company's unsuccessful bid to build the Air Force's next fighter jets. Lockheed remains an attractive franchise ...

So things have not been great for aerospace stock Lockheed Martin (LMT). It lost a major government contract to biggest rival and disaster bait Boeing (BA), and now, there are signs a recent sale ...

Lockheed Martin has dominated the stealth fighter jet game for decades, but that's changing. Boeing was awarded a contract for the Air Force's Next Generation Air Dominance fighter. The new F-47 ...

Ottawa would look at how the planned purchase of 88 Lockheed Martin F-35 fighters could be adjusted. Carney last week ordered a review of the C$19-billion contract, in part because he said Canada ...