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The Latest Breaking News from Lockheed

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.'

Space

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.

Barchart

Haley rips into Ramaswamy over Ukraine, Taiwan: ‘You have no foreign policy experience and it shows’

Political newcomer Vivek Ramaswamy disagreed with the US sending military aid to Ukraine

The Independent UK

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Air travel is in a rut – is there any hope of recapturing the romance of flying?

Amelia Earhart broke a transcontinental speed record 90 years ago, in July 1933, by flying her signature red Lockheed Vega from Los Angeles to New Jersey in just 17 hours, seven and a half minutes. Earlier that year, Earhart had flown as an observer on a Northwest Airways winter flight…

The Conversation

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

NASA, DARPA to launch nuclear rocket to orbit by early 2026

NASA and DARPA plan to launch a nuclear-powered spacecraft to Earth orbit in the next few years, to test propulsion technology that could help humanity get to Mars.

Space

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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Defense bill caught in abortion fight passes House in win for far-right Republicans

U.S. House Republicans approved the annual defense authorization bill on a tight, largely party-line vote after Democrats rebelled against the measure, which bans the Pentagon’s travel policy for abortions and includes other social issues.

Tribune News Service

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

Blockchain to the moon! Crypto companies’ outer space plans are less silly than you think

A small set of crypto companies want to bring blockchain to the next great frontier.

Fortune

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

New MotoArt PlaneTags made from NASA aircraft used by Apollo tracking stations

A NASA aircraft used to test the agency's Gemini and Apollo tracking stations has "taken off" as a popular collectible. MotoArt's latest PlaneTag is made from NASA 420, a C-121G Super Constellation.

Space

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.

Reuters

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.

Space

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Space

Pentagon won't be buying air-launched hypersonic missile after failed test: report

The US Air Force will not use a Lockheed Martin-made hypersonic weapon for its Air-launched Rapid Response Weapon program. Other hypersonic research continues.

Birmingham Post

North East deals of the week: key contracts, investments and acquisitions

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

Tribune News Service

How a poker game launched Silicon Valley Bank’s four-decade ride of the tech wave — and a bad gamble 42 years later ended it all

In the early Eighties, when “High Tech” was still written with quotation marks and the region was starting to become known as The Silicon Valley, tennis buddies Bob Medearis and Bill Biggerstaff took their idea for a new bank to a poker game in Pajaro Dunes.

Birmingham Post

Defence giant Lockheed Martin invests £150k solar power project with Northumbria University

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

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Motor1

Amelia Earhart's 1937 Cord Added To National Historic Vehicle Register

The famed aviator acquired the Cord Phaeton a year before her round-the-world flight and disappearance.

The Times of India

How US weapons are helping Ukraine in war against Russia

Russia invaded Ukraine on Feb. 24 in what President Vladimir Putin calls a "special military operation" against what it perceives as threats to its security. Ukraine and its Western allies have denounced Russia\'s actions as an imperialist-style land grab and imposed sanctions to try to disrupt the campaign.

Motor1

McLaren, Lockheed Will Collaborate On "Futuristic" Supercar Design

Having created the SR-71 Blackbird and conceptual Darkstar hypersonic jet, Skunk Works knows all about futuristic designs.

Tribune News Service

F-35 jet funding is running $1.4 billion short, Pentagon tells Congress

WASHINGTON — The Pentagon has found that it’s $1.4 billion short of funds for the next major contract to buy F-35 fighter jets from Lockheed Martin Corp., according to a new list of so-called unfunded priorities sent to Congress.

Tribune News Service

Satellite maker drops Florida plans in favor of California alternative

Terran Orbital, a publicly traded satellite maker based in Boca Raton, is dropping Florida’s Space Coast as the site for a proposed factory in favor of a location in Southern California.

Tribune News Service

F-35 deliveries to resume after Chinese alloy prompted halt

WASHINGTON — Deliveries of Lockheed Martin Corp.’s F-35 will resume after the Pentagon’s acquisitions chief issued a “national security” waiver from a ban on a Chinese alloy used in a component on the fighter jet.

Zenger

UK And Japan Team Up To Develop Next-Generation Fighter Engine

Japan and the United Kingdom have decided to collaborate on next-generation fighter jets, pooling their technology and resources to get the greatest bang for their dollars. Japan’s F-X program and the United Kingdom’s Tempest, both of which are scheduled to fly in the early 2030s, will be the world’s first…

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