Today: September 15, 2024
Today: September 15, 2024

Lockheed Martin

Asia|Political

US, Vietnam discuss supplying Hanoi with C-130 military transport planes, sources say

The United States and Vietnam are discussing the sale of Lockheed Martin C-130 Hercules military transport planes to Hanoi, two

US, Vietnam discuss supplying Hanoi with C-130 military transport planes, sources say
Business

Lockheed beats estimates on sustained weapons demand amid geopolitical tensions

U.S. defense contractor Lockheed Martin shares sank in pre-market trading despite reporting better-than-expected third-quarter revenue and profit on

Lockheed beats estimates on sustained weapons demand amid geopolitical tensions
Business

Exclusive-Lockheed exits US Air Force tanker competition; lifting Boeing's KC-46

Lockheed Martin Corp has withdrawn from the U.S.

Exclusive-Lockheed exits US Air Force tanker competition; lifting Boeing's KC-46
Business

Analysis-Vulcan rocket's debut brings long-awaited challenge to SpaceX dominance

A Boeing-Lockheed joint venture's launch of a new Vulcan rocket this week inaugurated a formidable rival to Elon Musk's SpaceX, a milestone long sought by the

Analysis-Vulcan rocket's debut brings long-awaited challenge to SpaceX dominance
Business

Defense firm Lockheed forecasts dour 2024 profit on supply chain woes

Lockheed Martin forecast its 2024 profit below Wall Street expectations on Tuesday, as the U.S. defense contractor's largest aeronautics segment that

Defense firm Lockheed forecasts dour 2024 profit on supply chain woes
Business

Exclusive-Lockheed Martin to cut 1% of its jobs in cost-cutting push

Lockheed Martin will cut 1% of its jobs over the course of the year in a bid to cut costs and streamline operations, a company spokesperson said on Friday.

Exclusive-Lockheed Martin to cut 1% of its jobs in cost-cutting push
Business

Poland to buy Lockheed Martin missile launchers for navy

Poland has signed a deal to buy Lockheed Martin's MK 41 Vertical Launching System for three frigates it is building, Polish defence firm PGZ said on Thursday.

Poland to buy Lockheed Martin missile launchers for navy
Business

Saudi companies to make parts for Lockheed's THAAD defense system

U.S. weapons maker Lockheed Martin has signed agreements for Saudi Arabian companies to manufacture parts of its Terminal High Altitude Area Defense (THAAD) system, the company said

Saudi companies to make parts for Lockheed's THAAD defense system
News

Exclusive-Biden slashes F-35 jet order 18% in 2025 budget request, sources say

U.S.

Exclusive-Biden slashes F-35 jet order 18% in 2025 budget request, sources say
Business

Exclusive-Lockheed wins US missile defense contract worth $17 billion, sources say

Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the United States against an intercontinental

Exclusive-Lockheed wins US missile defense contract worth $17 billion, sources say
Business|Economy|News|World

Ukraine, Israel bill to bolster Lockheed, RTX profits

Lockheed Martin Corp and RTX Corp, fresh off a surge of orders in response to Russian aggression against Ukraine and the war in Gaza, stand to profit from $95

Ukraine, Israel bill to bolster Lockheed, RTX profits
Business|Technology

Lockheed Martin to buy up to 25 rocket launches from Firefly Aerospace

Lockheed Martin has entered a purchase agreement with Firefly Aerospace for up to 25 launches on its Alpha rocket by 2029, the U.S. defense contractor said on Wednesday.

Lockheed Martin to buy up to 25 rocket launches from Firefly Aerospace
Business|News|Political|Technology

Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts

Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts

Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts
Business|News|Technology

US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract

The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system, the Pentagon said on Friday.

US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract
News|Political|Technology

US F-35 jet deliveries to resume soon with truncated software upgrade

Deliveries of F-35 jets to the U.S. military are set to resume shortly without the complete TR-3 software upgrade, the head of the F-35 Joint Program Office (JPO) said on Thursday.

US F-35 jet deliveries to resume soon with truncated software upgrade
Business|Technology

RTX unit Pratt & Whitney completes preliminary design review of engine upgrade

RTX Corp's Pratt & Whitney said on Monday it has completed the preliminary design review for an engine upgrade to increase durability and performance in all three variants of the F-35

RTX unit Pratt & Whitney completes preliminary design review of engine upgrade
News|Political|Technology

US resumes taking F-35 after delays over software upgrade

The United States has resumed taking delivery of F-35 jets with an interim upgrade after a months-long halt due to software delays, and will withhold some payments

US resumes taking F-35 after delays over software upgrade
Business|Economy|Technology

Lockheed Martin lifts 2024 sales target on fighter jet, missile demand

U.S. defense company Lockheed Martin raised its annual sales target on Tuesday, following the unexpected resumption of deliveries of its F-35 aircraft

Lockheed Martin lifts 2024 sales target on fighter jet, missile demand

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