Several of the largest defense contractors in the U.S. have ties to Beijing, a Fox News Digital review found.
Shares of Lockheed Martin tumbled this week following a report that the U.S. Defense Department decided to trim the number of F-35 stealth warplanes from its next budget by 35%.
Lockheed Martin's exit from its purchase of engine maker Aerojet Rocketdyne has refocused investors on the compounding list of problems at the companies, as pressure grows on Lockheed management to improve lagging performance.
U.S. arms maker Lockheed Martin Corp called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion amid opposition from U.S. antitrust enforcers.
Israel has signed a deal with the United States to buy 12 Lockheed Martin Corp CH-53K helicopters and two Boeing Co KC-46 refueling planes, the Israeli Defense Ministry said on Friday, estimating the total price at around $3.1 billion.
A presidential helicopter built by Lockheed Martin has been deemed by the Pentagon unreliable in emergency situations and not “operationally suitable," according to a report.
The awards include $9.4 million for SpaceX, $25.6 million for Blue Origin, $34.8 million for Northrop Grumman, $35.2 million for Lockheed Martin, and $40.8 million for Dynetics.
When Boeing Co. will attempt to launch its Starliner space taxi to the International Space Station remains unclear after its engineers detected a problem with valves on a propulsion system on the vehicle.
Sen. Tom Cotton, R-Ark., is demanding answers from one of the nation's largest defense contractors after it allegedly hosted a “White men's caucus” in which employees associated negative attributes with that race and gender.
Aerospace and defense company Lockheed Martin’s White male employees in leadership positions have gone through training to bring awareness to White male culture and its impact on the company as a whole.
As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021, which, unless revoked, is expected to reduce the transaction's purchase price to $51 per share.
Lockheed Martin has won a 10-year, $900 billion contract involving a variety of services in support of F-16 aircraft, the defense contractor announced Friday.
Lockheed Martin Corp. reported better-than-expected results that were boosted by its F-35 fighter jet and raised its outlook for the rest of the year.
White House adviser Ivanka Trump and Commerce Secretary Wilbur Ross will present the inaugural Pledge to America’s Workers Presidential Awards on Wednesday.
Raytheon said it achieved a record backlog of $73.1 billion from its defense business in the second quarter, pointing to strong demand from the U.S. government and international customers.
China will put sanctions on Lockheed Martin for involvement in the latest U.S. arms sale to Chinese-claimed Taiwan, China said on Tuesday, adding tension to its troubled relationship with the United States.
A SpaceX Falcon 9 rocket delivered a Space Force Global Positioning System satellite into orbit Tuesday.
The new planes will be able to carry a bigger payload as well as travel farther and faster than the current fleet
Here are the highest paid male and female CEOs from 2019.
The defense sector has continued to operate through coronavirus-driven shelter-in-place restrictions, deemed an essential sector.