A U.S. Air Force F-35 Lightning II assigned to the 48th Fighter Wing, Royal Air Force Lakenheath, U.K., demonstrates landing and takeoff operations during exercise BAANA 2024 on Sept. 4th on Hosio Highway Strip, Ranua, Finland. During the exercise, the aircraft landed on the Finnish highway strip to practice Agile Combat Employment, the Air Force said (U.S. Air Force Photo)
Charges on two classified contracts drove net income down at Lockheed Martin [LMT] in the fourth quarter and all of 2024, the company reported on Tuesday.
The contracts lopped $1.5 billion after-tax off the bottom-line, including one in the Missiles and Fire…