After losing the NGAD (Next-Generation Air Dominance) contract, Lockheed Martin pivots by unveiling a powerful F-35 upgrade, ...

The United States Navy’s shipbuilding program at Newport News in Virginia has pushed back the delivery dates of the next two Ford-class aircraft carriers by over 18 months. The USS Enterprise (CVN-80) ...

Lockheed Martin lags despite record defense spending, hindered by supply chain issues, weak pricing power, and rising ...

LVM Capital Management disclosed it sold nearly $10.6 million worth of Lockheed Martin shares in the second quarter.

CAPE CANAVERAL SPACE FORCE STATION — Boeing announced Tuesday that it plans to lay off about 400 of its employees who are working on NASA’s Artemis moon rocket. “To align with revisions to ...

The company announced in November it will layoff 141 positions from locations across the state, including in Central Florida and Tampa Bay. In all, Boeing employs around 2,500 people in Florida.

Companies such as UPS, Meta, Microsoft, BlackRock, and Bumble are conducting layoffs. Artificial intelligence is reshaping some workforces. See the list of companies letting workers go in 2025.

UPS is tightening its belt to survive weak demand and soaring labor costs, which are bruising its bottom line. The company plans to cut 20,000 jobs, shut 73 facilities, and offer driver buyouts to ...