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The Latest Breaking News from Lockheed Martin

Lockheed Martin’s $1.7 trillion F-35 fighter jet is 10 years late and 80% over budget—and it could be one of the Pentagon’s biggest success stories

How America's biggest defense contractor turned a military spending fiasco into a business victory.

Fortune

Should You Buy RTX Stock After Earnings?

RTX shares just had their worst day since the onset of COVID-19. Should investors buy the dip on this defense stock?

Barchart

Bernie Sanders Opposes $886 Billion Defense Budget, Calls For Focus On Climate Change, Healthcare‌

Senator raises concerns over high military spending, wastefulness in Pentagon, and corporate profiteering from defense contracts.

Zenger

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The Pentagon doesn’t need $886bn. I oppose this bloated defense budget

As a nation, the time is long overdue for fundamental changes to our national priorities

The Guardian - US

Asteroid sample incoming: OSIRIS-REx team preps for September landing of Bennu bits

Recovery teams are gearing up for the Sept. 24 landing of OSIRIS-REx's asteroid sample in the Utah desert.

Space

Stock Index Futures Muted Ahead of Key U.S. Retail Sales Data, U.S. Bank Earnings on Tap

September S&P 500 futures (ESU23) are down -0.03%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.10% this morning as market participants braced for the next round of quarterly reports while also awaiting crucial U.S. retail sales data.

Barchart

These 3 Orion spacecraft will carry Artemis astronauts to the moon (photo)

Three NASA Orion spacecraft for the agency's Artemis moon program are coming together at the Kennedy Space Center in Florida.

Space

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Boom! Watch an inflatable space habitat explode during testing (video)

Lockheed Martin recently completed a successful burst test of the company's sub-scale inflatable space habitat, pushing past safety limits to explode the module at the company's Colorado facility.

Space

NASA's X-59 'quiet' supersonic jet looks ready to fly in new photos

New photos of NASA's X-59 supersonic plane show the aircraft parked on the flight line as it prepares for a series of ground and initial flight tests.

Space

Defense industry dollars flowed to a Democratic senator after he gained a key role on spending

Montana Democratic Sen. Jon Tester is looking to win reelection in a race that could decide control of the Senate

The Independent UK

Taiwan says software problems delaying new F-16 deliveries

Software problems are delaying the delivery to Taiwan of 66 advanced new F-16V fighter jets from the United States but the island still expects the full order to arrive by 2026, Defence Minister Chiu Kuo-cheng said on Thursday.

Reuters

Defense contractors gouging taxpayers

“The gouging that takes place is unconscionable,” said former top negotiator for Raytheon and, later, the Pentagon

Salon

Is a four-day workweek as good as it sounds? California employees share what it’s really like

OAKLAND, California — It’s after noon on a recent Wednesday, and the kitchen and patio at ThredUp’s Oakland headquarters are packed.

Los Angeles Times

Blue Origin wins NASA contract to join SpaceX for moon landings

Billionaires Jeff Bezos and Elon Musk officially have something else in common, as NASA awarded its second moon landing contract for the Artemis program to a large group of aerospace companies led by Blue Origin.

Orlando Sentinel

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Space

Blue Origin will build NASA's new moon lander for Artemis astronauts

Blue Origin's Blue Moon lander will take astronauts to the lunar surface in 2029, on the Artemis 5 mission. It's the second NASA moon lander for astronauts, after SpaceX's Starship.

The Independent UK

Speed is the key to any ‘international coalition’ for jets to Ukraine

The West should not get hung up on the training time needed for pilots, given how quickly Ukraine has adapted to new weaponry so far, writes Kim Sengupta

Salon

Experts: New Pentagon stats "stunning"

Military-industrial complex uses unprecedented influence to corrupt D.C. and starve funding for everything else

Reuters

Lockheed and Rheinmetall to develop German version of HIMARS rocket launchers

Arms makers Lockheed Martin and Rheinmetall will team up to develop a German rocket artillery system, they said on Thursday, a weapon in the same category as the HIMARS rocket launchers Lockheed has been supplying to Ukraine.

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Barchart

Stocks Close Slightly Higher Despite Bank Stock Weakness and Hawkish Fed Comments

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.03%. The S&P 500 and Nasdaq 100 indexes Tuesday settled...

The Independent UK

China reveals new details of Raytheon, Lockheed sanctions

China has revealed new details of sanctions it previously announced against two U.S. weapons manufacturers, including a ban on Chinese companies doing business with them

Barchart

Stocks Fall Back on Bank Stocks and Hawkish Bullard

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. U.S. stock indexes gave up early gains and are...

Barchart

S&P Futures Climb as Investors Weigh Economic Outlook, U.S. Bank Earnings on Tap

June S&P 500 futures (ESM23) are trending up +0.34% this morning after three major U.S. benchmark indices ended the regular session higher as market participants digested the latest batch of corporate earnings while seeking more clarity on the Federal Reserve’s monetary policy stance.

Barchart

S&P Futures Climb as Investors Await More Earnings, Fed Clues

Space

Next-generation satellite network could connect Earth with bases on moon's far side

Aerospace giant Lockheed Martin has launched a new subsidiary called Crescent Space Services after NASA issued a call for a commercial lunar communications network.

Asharq Al-Awsat

US Approves Potential Sale of HIMARS Rockets to Morocco for Estimated $524.2 Mln

The US State Department has approved the potential sale of HIMARS artillery rocket systems and related equipment to Morocco in a deal valued at up to $524 million, the Pentagon said on Tuesday. The State Department has also approved the possible sale of Joint Stand Off Weapons and related equipment…

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