China to ban imports and exports by Lockheed, Raytheon over Taiwan arms sales
China is moving to block all imports and exports involving U.S. defense contractors Lockheed Martin and Raytheon in retaliation for their arms sales to Taiwan.
Lockheed Martin wrestles with supply-chain issues to arm Ukraine
Lockheed Martin is the first of the big defense companies to report earnings. Sales rose from a year earlier, though the company said it still expects revenues to shrink this year.
Lockheed Martin subsidiary's protest of Army next-gen helicopter award to Bell denied by GAO
The Government Accountability Office denied a protest filed by Lockheed Martin Sikorsky and Boeing of the Army's decision to award its next-gen helicopter contract to Bell.
Lockheed Martin awarded missile contract for US Army, foreign partners worth up to $4.5 billion
Lockheed Martin announced that the U.S. Army awarded it a contract worth up to $4.5 billion to produce Hellfire and JAGM precision missiles for the Army and international partners.
Lockheed Martin awarded Navy hypersonic missile contract worth over $1 billion
The Navy awarded Lockheed Martin a contract initially worth $1.1 billion that may rise to over $2 billion to integrate hypersonic missiles onto Zumwalt destroyers.
US agrees to sell 20 HIMARS to Netherlands for $670 million
The Netherlands' request to purchase 20 HIMARS artillery systems plus ammunition and technical support from the U.S. for $670 million was approved Thursday.
China announces new sanctions against Lockheed Martin, Raytheon for Taiwan military sales
China is sanctioning Lockheed Martin and Raytheon Technologies over military sales to Taiwan as Beijing remains engaged in a territorial dispute with the island.
US approves Poland's bid to buy $10 billion in HIMARS, ammunition
The U.S. government has approved the potential sale of up to $10 billion of High Mobility Artillery Rocket Systems (HIMARS) to Poland, a key NATO ally in Eastern Europe.
Defense companies secure record orders
Defense sales at both Lockheed Martin Corp. and Raytheon Technologies Corp. fell last year compared with 2021, according to quarterly results released Tuesday.
Canada finalizes deal for Lockheed's F-35 fighter jets
Canada expects the first F-35s to be delivered in 2026 and for the fleet to be fully operational between 2032 and 2034, Defense Minister Anita Anand told a news conference.
Omnibus contains $11.9B for Pentagon to replenish weapon systems sent to Ukraine
Congress is providing the Pentagon nearly $12 billion to replenish depleted inventories of weapon systems that have been supplied to Ukraine for its war against Russia.
Hilton teams up with Voyager Space to design astronaut quarters for Starlab station
Hilton will partner with Voyager Space to design astronaut quarters on its Starlab commercial space station, the companies announced Tuesday.
Pentagon doubles down on cutting off defense supplies from China after F-35 scare
The U.S. military is pushing to secure its supply chain against global adversaries like China, calling on contractors to cut off purchases of China-sourced material.
Goodyear supplying tires for General Motors, Lockheed Martin lunar mobility vehicle
The vehicle will be used to transport astronauts in NASA's Artemis Program and cargo around the lunar surface.
Major US defense contractors maintain China ties despite increasing tensions
Several of the largest defense contractors in the U.S. have ties to Beijing, a Fox News Digital review found.
Lockheed Martin stock hit on report Pentagon lowered F-35 order
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%.
End of Lockheed-Aerojet deal puts pressure on leadership of both firms
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.
Lockheed scraps $4.4B deal to buy Aerojet amid regulatory hurdles
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 signs deal to buy $3.1 bln in US helicopters, tankers
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.
Pentagon deems new presidential helicopter built by Lockheed Martin unreliable in emergency situations: report
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.