Lockheed Martin
Lockheed Martin is a major American aerospace, arms, defense, information security and technology company actively involved in research, design, and development.
Lockheed Martin Wins $1.3 Billion F-35 Long Lead Parts Contract
Lockheed Martin has won $1.3 billion advance acquisition contract for long-lead time materials, parts, components, and effort for 130 F-35 Lightning II aircraft for the Air Force, Navy and Marine
Japan To Adopt Aegis Combat System To Counter Pyongyang’s Nuclear Threats
Japan is launching a feasible study to add US-built Aegis missile defense system to its defense capability amid rising nuclear threats by North Korea. Deployment of a land-based Aegis Ashore system...
US$770 Million Maintenance Bill For US Warplanes Worries Japan
Japan may incur an 86 Billion Yen (US$770 Million) maintenance hit on the US warplanes and drones it has bought or is planning to buy such as the F-35, Osprey,...
Middle East Contracts Loss Hit Lockheed Martin Q1 Earnings
Lockheed Martin booked $184M in charges on two Middle East contracts, in a move that highlights the potential pitfalls of the overseas deals that have been driving growth for US...
F-35 jets, Apache Choppers To Fly From UK's HMS Queen Elizabeth Carrier...
UKs HMS Queen Elizabeth aircraft carrier will start receiving F-35 fighter jet and various helicopters including Apache, Merlin, Wildcat, Chinook in 2018. UK has set target to reach initial operating capability...
Indonesia Orders Lockheed Martin’s Sniper Advanced Targeting Pod For F-16 Falcons
Indonesia will equip its F-16 Fighting Falcon fighter jets with Lockheed Martins Sniper Advanced Targeting Pod under an agreement signed during the US Vice President Mike Pence visit to Jakarta...
Lockheed Martin Wins $109 Million US Navy Contract For F-35 Hardware, Software
The US Navy has awarded a $109 million contract to Lockheed Martin for hardware and software upgrade kits in support of the F-35 Joint strike fighter aircraft. The awarded contract is...
Lockheed Martin Incurs Reduced Net Earnings Of $114 Million In Q1
Lockheed Martin incurred reduced net earnings of $114 million, or $0.39 per share due to a $120 million charge on a 'loss program' to design, integrate, and install an...
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Dutch, Colombian Marines Conduct First Joint Jungle River Drills Near Caribbean
For the first time, Dutch and Colombian marines have conducted an intensive joint training exercise focused on jungle river operations and amphibious warfare in northern Colombia
U.K. MOD Receives First Airbus H145 to Replace Retired Puma Fleet in Cyprus, Brunei
The United Kingdom Ministry of Defence (MOD) has taken delivery of the first of six Airbus H145 helicopters, marking the start of a fleet replacement program for the now-retired Puma aircraft operating in Cyprus and Brunei
Netherlands Orders 785 New Military Transport Vehicles from Italy's Iveco
The Netherlands Ministry of Defence has announced the purchase of 785 new operational wheeled vehicles from Italy’s Iveco Defence Vehicles SpA, aimed at enhancing its logistical and operational mobility
Ukraine Faces $5B Shortfall in Military Budget Amid Growing War Costs
Ukraine is facing a shortfall of around 200 billion hryvnias (approximately $5 billion) in funding for its Armed Forces, according to Yaroslav Zheleznyak, a member of the Verkhovna Rada
MBDA Invests in Hybrid Drones, Maker of Jet-Electric Hydra 400 UAV
AeroVironment Unveils Red Dragon Kamikaze Drone with 400km Range
Finnish Patria, Sweden’s ACC Innovation to Develop Military Variant of World’s Largest...
Ukroboronprom, Rheinmetall to Establish JV for Joint Artillery Ammo Production in Ukraine
Thales Unveils New Long-range Radar for Civil, Military Air Traffic Control
The Future of Combat: Miniaturized Laser Weapons Set to Replace Bullets and Missiles
Lasers may soon replace bullets, and drones could disable enemy UAVs with beams of light instead of missiles
Four-legged Robots Vs. Military Dogs
Four legged robots that resemble dogs are increasingly being seen in war zones and exercises for functions such as reconnaissance...
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
