The Latest Breaking News from Lockheed Martin

Pentagon budget is stunning even by the standards of a department used to getting what it wants when it wants it

Companies featuring in this week's round-up include Sustainable Business Services, Pacifica Group, Lockheed Martin and Port of Tyne

Newcastle expertise will be used to make space-based solar power a reality

WASHINGTON — The Pentagon’s $170 billion procurement request for the new fiscal year focuses on replacing munitions supplied to Ukraine as well as well as weapons like long-range missiles, which would be necessary in a conflict with China, according to an internal budget document.

Heightened geopolitical tensions have led to an increase in defense spending over the past year. In the face of it, several nations are ramping up their defense budgets, which should help the industry stay afloat. Therefore, it could be rewarding to invest in fundamentally sound defense stocks Lockheed Martin (LMT),…

Neither Ukraine nor Russia is "winning" — but Saudi Arabia, the oil companies and the arms industry certainly are

China has sharply criticized a visit to Taiwan by a senior Pentagon official and reaffirmed sanctions against Lockheed Martin and a unit of Raytheon for supplying military equipment to the self-governing island

Manufacturers say their one-of-a-kind training aircraft was flown by an artificial intelligence agent for more than 17 hours. 

The X-62A VISTA (Variable Stability In-Flight Simulator Test Aircraft) was piloted by artificial intelligence agents and flown for more than 17 hours

European demand for U.S. weaponry is soaring, but instead of big-ticket items like jets and tanks, shopping lists are focused on cheaper, less-sophisticated items such as shoulder-fired missiles, artillery, and drones that have proven critical to Ukraine's war efforts.

China imposed fines and sanctions against two U.S. defense companies in a further escalation of tensions between the world’s two biggest economies.