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The Latest Breaking News from Lockheed Martin

GlobalFoundries to Receive $1.5 Billion In Funding from U.S. CHIPS Act

The United States Department of Commerce and GlobalFoundires announced on Monday that the US will be awarding GlobalFoundries with $1.5 billion in funding under the CHIPS and Science Act. The latest domestic chip fab to receive money under the act, GlobalFoundries's funding will be spent to upgrade company's New York…

AnandTech

How a Chinese rocket failure boosted Elon Musk's SpaceX in Indonesia

Elon Musk - the owner ofElon Musk - the owner of SpaceX, the world’s most successful rocket launcher – seized on the failure to prevail over state-owned China Great Wall Industry Corp (CGWIC) as Jakarta’s company of choice for putting satellites into space.

The Hindu

Polish President Duda meets Lockheed Martin CEO to discuss security

Poland's president meets with Lockheed Martin CEO to discuss strengthening security and continued US investment in Poland's military weapons and equipment.

Top News

Nuclear power on the moon: NASA wraps up 1st phase of ambitious reactor project

NASA is wrapping up the design phase of a project to develop concepts for a small, electricity-generating nuclear fission reactor for use on the moon.

Space

The State Department allows the sale of F-16 jets to Turkey to move forward

The sale of the 40 F-16 fighter jets and upgrades to dozens of other jets became linked to Sweden's accession to NATO, after Turkey had objected.

WEKU

LMT Earnings Watch: Is Lockheed Martin a Strong Buy in 2024?

Defense major Lockheed Martin (LMT) will release its fourth-quarter results on January 23. Analysts expect its earnings and revenue to decline year-over-year. The defense sector is currently experiencing tailwinds due to the rise in geopolitical conflicts and increasing defense budgets. So, despite the potential decline in earnings and revenue, is…

StockNews.com

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Australia to manufacture missiles from next year

Australia will start domestic guided weapons manufacturing from next year after the Albanese government signed a multi-million dollar contract.

AAP

NASA unveils its revolutionary X-59 Quesst 'quiet' supersonic jet (photos, video)

NASA and Lockheed Martin showed off the finished X-59 Quesst jet today, which promises to usher in a new era of quieter supersonic flight.

Space

NASA to unveil new X-59 'quiet' supersonic jet on Jan. 12

NASA and Lockheed Martin are finally ready to unveil the new X-59 Quesst, a supersonic jet designed to break the sound barrier without creating a thunderous sonic boom.

Space

The Lockheed Martin Armed Forces Bowl: Air Force Runs Over James Madison 31-21

The Lockheed Martin Armed Forces Bowl: Air Force Runs Over James Madison 31-21 The Falcons Nuke the Dukes Contact/Follow @Sean or @MWCWire After going winless in the month of November, following an 8-0 start to the season, Air Force corrects course ...

USA Today Sports Media Group

Lockheed Martin Armed Forces Bowl: Game Preview, How To Watch, Odds, Prediction

The Air Force Falcons look to fly high once more in 2023 and take down the James Madison Dukes. Here's how to watch and what to watch for.

USA Today Sports Media Group

Striking Photos Show US Testing Anti-ship Missile Defense Capabilities

It is designed to deliver persistent electronic surveillance and attacks against naval threats like anti-ship missiles.

Zenger

Aussie ingenuity powers space satellites, future fuels

A small but expert manufacturer in an industrial suburb has developed high-tech fuel tanks for use in space in a breakthrough for future fuels transport.

AAP

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International Business Times

New Rockets Set To Launch In 2024

Several new European and American rockets are set for blast off in 2024, at a time the aerospace industry faces a shortage of launch vehicles fueled by the rise of satellite constellations.

The Guardian - UK

UK factories help build the jets used by the Israeli military. They should be stopped

Politicians won’t listen – so a growing protest movement is working to end Britain’s contribution to the destruction, says author Amelia Horgan

Space

Lockheed Martin's 'Tantrum' tech could help get satellites up and running without the wait

Lockheed Martin and Firefly Aerospace are combining to launch a demonstrator that aims to slash the time it takes spacecraft payloads to become operational.

StockNews.com

Rising Defense Demands Will Be a Boon for These 3 Industry Leaders

As year end approaches, we’ve seen a major change in the geopolitical conflict picture as larger scale confrontations draw out, and new confrontations involve larger, and more, players than over the past few decades. This uptick in real and potential nation state conflicts means the weapons of war and defense…

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The Guardian - UK

Ukraine’s arms industry boss calls for country to be ‘arsenal of the free world’

Oleksandr Kamyshin aims to revive state sector and coordinate private enterprises to boost export of weapons

Space

NASA's X-59 'quiet' supersonic jet heads for a new red, white and blue paint job

The X-59 Quesst may be "quiet" when it breaks the sound barrier, but it now supports a loud color scheme.

Barchart

2 Defense Stocks in Focus as Global Conflicts Continue

With defense spending set to continue as major global conflicts continue to rage on, here's a look at two stocks known for scoring outsized military contracts.

Space

US military gives Lockheed Martin $33.7 million to develop nuclear spacecraft

The U.S. Air Force Research Laboratory just awarded $33.7 million to Lockheed Martin to help 'mature high-power nuclear electric power and propulsion technologies and spacecraft design.'

The Guardian - US

‘Buying influence’: top US nuclear board advisers are tied to arms business

Nine of 12 members of the commission charged with avoiding nuclear conflict have financial ties to defense contractors

Salon

NASA finds a surprise asteroid

NASA’s Lucy spacecraft flew by the asteroid Dinkinesh, only to discover it is actually one of two asteroids

Barchart

Defense Stocks Like Lockheed Martin Have Jumped - Is It Too Late to Get In?

Lockheed Martin is up over 12% to $444.17 on Oct. 20 from an Oct. 5 low of $395.54 based on Middle East war prospects. Investors may think it's too late to get in, but LMT stock still looks cheap.

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