Lockheed Martin's stock dip post-earnings presents a buy opportunity with strong demand, growth catalysts, and a 22-year dividend streak. Learn more on LMT stock here.

Lockheed Martin reported on Tuesday that its second-quarter profit plunged by about 80%, after the U.S. defense group recorded a pretax loss of $1.6 billion, mainly linked to a classified program within its Aeronautics segment,

Lockheed Martin faces Wall Street pressure after mixed Q2 results and $1.6B in charges. Goldman Sachs analyst reiterates Sell rating and lowers price forecast. Other analysts also cautious. Margins hit by legacy program charges.

Lockheed Martin’s (NYSE:LMT) multi-year growth outlook is facing serious headwinds following a wave of unexpected charges and operational setbacks, prompting Truist Securities to downgrade the defense giant from Buy to Hold.

Although Lockheed executives remain bullish on the secretive programme's long-term prospects, the effort generated $950 million in losses during the recent second quarter, tied to setbacks with design,

Lockheed executives recently announced that the full combat version of the TR-3 upgrade is ready, but the F-35 Joint Program Office has yet to confirm that, or say when TR-3 will get formal approval.

Lockheed Martin Corp. caught investors off guard with $1.6 billion in charges and a possible tax hit that sent its stock tumbling, the latest setback for the defense giant whose popular F-35 jet faces criticism over cost overruns and delays.