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The Latest Breaking News from Lockheed Martin

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

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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

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.

Space

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

The Independent UK

Elizabeth Warren Calls Out Boeing, Lockheed Martin for Disturbing Reason

The progressive senator is trying to put a stop to a common practice with potentially dreadful results.

The Street

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Experts: New Pentagon stats "stunning"

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

Salon

What will the Artemis Moon base look like?

Colorado Springs (United States) (AFP) - The next time NASA goes to the Moon, it intends to stay.Under the Artemis program, the US space agency plans to maintain a human presence, for the very first time, on a celestial body other than Earth.

AFP

RTX Stock Slides After Cruising Past Earnings Forecasts, Reaffirming Outlook

Defense giant Raytheon cruised by quarterly expectations, reaffirmed its outlook. RTX stock formed a handle for a base after sliding Wednesday.

Investors Business Daily

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

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...

Barchart

Dow Jones Flat With Netflix Wild After Earnings; These 3 Bill Ackman Stocks Are Near Buy Points

The Dow Jones held steady despite Goldman Sachs results. A trio of Bill Ackman stocks are near entries. Netflix stock whipsawed on earnings.

Investors Business Daily

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

The Independent UK

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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...

Investors Business Daily

LMT Stock Breaks Out As Lockheed Martin Tops Earnings Forecasts

Defense giant Lockheed Martin beat expectations for its quarterly report Tuesday. LMT stock is basing, rises after results.

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

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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…

Tribune News Service

Fort Worth’s Bell poised to supply next generation of Army airpower after GAO decision

WASHINGTON — Fort Worth-based Bell notched a significant victory Thursday when a watchdog agency rejected a competitor’s protest of its winning bid to provide the U.S. Army’s next long-range assault aircraft.

Kiplinger

How to Find the Best Industrial Stocks

Industrial stocks might not be the most exciting positions to own, but they play a vital role in any well-rounded portfolio.

The Street

The U.S. Government Just Gave This Company $4.5B to Make Missiles

The U.S. government and Lockheed Martin announced a new joint contract for the production of precision missiles.

The Street

Going on Offense With Defense Stocks as Lockheed Martin, Raytheon Rally

Defense stocks hit multiweek highs as Lockheed Martin and Raytheon posting a strong rally. Here's what to watch for now.

AAP

Lockheed wins race for Australia's biggest space tender

Launching high-tech jobs and skills, Lockheed Martin has been selected as preferred tenderer for Australia's first sovereign military satellite fleet.

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