Lockheed can slash costs of the F-35 in the latest batch order by about $600 million through cost savings up and down the supply chain.
CNBC's Morgan Brennan reports the latest on President Trump's efforts to cut F-35 costs and other ways he may impact the defense sector.
U.S. equities closed mixed on Thursday after hitting new record highs, as investors digested several key earnings reports.
Some of the names on the move ahead of the open.
The Dow burst through 20,000 after just a two-month, 1000-point ride, and strategists say stocks could continue to move up for now, as retail investors are lured in.
Stocks closed at all-time highs after a series of executive orders from President Donald Trump increased bullish sentiment on Wall Street.
Stocks rose as on Tuesday, with materials spiking more than 2 percent on the back of more executive orders from Donald Trump.
U.S. equities fell on Monday, but closed off session lows, as investors looked for more details regarding President Donald Trump's policies.
Trump's campaign against defense costs isn't expected to put a damper on earnings for the industry's big contractors.
The U.S. Department of Defense and Lockheed Martin are close to deal for a contract worth almost $9 billion.
We see the primary winners out of this as Lockheed, Northrop and Raytheon, says Stifel's Joseph DeNardi providing his take on the upside potential in defense stocks next year. And CNBC's Morgan Brennan, weighs in.
CNBC's Morgan Brennan reports how Donald Trump's Twitter feed may impact the defense sector.
CNBC's Morgan Brennan reports on President-elect Donald J. Trump’s latest missive on military spending.
President-elect Donald Trump's Pentagon chief will help decide new weapons systems but one may already be in trouble.
Jim Cramer explains the fall of defense stocks, and advises investors to reassess risk moving forward.
Chris Higgins, Morningstar defense and airline analyst, weighs in on President-elect Donald Trump's impact on defense stocks.
Trump's Twitter attack on the F-35 stealth fighter isn't the first time he's lashed out at one of the military's biggest programs.
Cowen cites Jimmy Carter's cancellation of the B-1 bomber program in 1977 as an example of the potential risk for defense companies.
Trump's slam of Boeing's Air Force One replacement aircraft costs could bring some changes to the roughly $4 billion program and impact jobs.
Jim Cramer changes his tune on defense stocks based on recent tweets from the President-elect.