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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

Dow Jones Rallies 240 Points After Weak Retail Sales; Charles Schwab Surges On Earnings

The Dow Jones rallied 240 points Tuesday after weak U.S. retail sales data. Big bank earnings continue, with results from Bank of America.

Investors Business Daily

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

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Lockheed Martin Stock Eases Despite Improved Outlook; Senate Prepares For Defense Debate

Lockheed Martin topped forecasts early Tuesday while the Senate debates the $886 billion defense spending bill. Lockheed Martin stock rises.

Investors Business Daily

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

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

Market Shrugs Off Wagner Insurrection - These Stocks Could Surge If Putin Is Overthrown

The stock market shrugged off the failed Wagner insurrection attempt, but if President Vladimir Putin is overthrown some stocks could rally.

Investors Business Daily

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

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Salon

Defense contractors gouging taxpayers

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

Los Angeles Times

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.

Orlando Sentinel

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.

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.

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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

Investors Business Daily

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.

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.

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...

Investors Business Daily

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.

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

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