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The Latest Breaking News from Lockheed Martin

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.

Space

Helicopters in Kentucky crash are versatile Army workhorses

Two U.S. Army Black Hawk medical evacuation helicopters crashed during training Wednesday night in Kentucky, killing nine soldiers

The Independent UK

My family was massacred on my wedding day. I hold the US in part responsible

Until Biden fulfills his promise to end arm sales to the Saudis, the US and its largest defense contractors are complicit in war crimes

The Guardian - US

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Congress captured by the arms industry

Pentagon budget is stunning even by the standards of a department used to getting what it wants when it wants it

Salon

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

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

Birmingham Post

Lockheed Martin Stock Showing Market Leadership, Earns 84 RS Rating

Lockheed Martin shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 84.

Investors Business Daily

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Pentagon puts priority on replacing munitions in 2024 budget

WASHINGTON — The Pentagon’s $170 billion procurement request for the new fiscal year focuses on replacing munitions supplied to Ukraine as well as well as weapons like long-range missiles, which would be necessary in a conflict with China, according to an internal budget document.

Tribune News Service

3 Defense Stocks to Help Protect Your Portfolio

Heightened geopolitical tensions have led to an increase in defense spending over the past year. In the face of it, several nations are ramping up their defense budgets, which should help the industry stay afloat. Therefore, it could be rewarding to invest in fundamentally sound defense stocks Lockheed Martin (LMT),…

StockNews.com

The Ukraine economic war: Who's winning?

Neither Ukraine nor Russia is "winning" — but Saudi Arabia, the oil companies and the arms industry certainly are

Salon

China blasts Pentagon official's Taiwan visit, military ties

China has sharply criticized a visit to Taiwan by a senior Pentagon official and reaffirmed sanctions against Lockheed Martin and a unit of Raytheon for supplying military equipment to the self-governing island

The Independent UK

U.S. Air Force Tests X-62 VISTA Aircraft Testing The Use Of AI In Airspace & Defense

Manufacturers say their one-of-a-kind training aircraft was flown by an artificial intelligence agent for more than 17 hours.

Zenger

AI-controlled jet fighter flies for over 17 hours without pilot for first time

The X-62A VISTA (Variable Stability In-Flight Simulator Test Aircraft) was piloted by artificial intelligence agents and flown for more than 17 hours

Daily Mirror

Ukraine war spurs European demand for U.S. arms, but not big-ticket items

European demand for U.S. weaponry is soaring, but instead of big-ticket items like jets and tanks, shopping lists are focused on cheaper, less-sophisticated items such as shoulder-fired missiles, artillery, and drones that have proven critical to Ukraine's war efforts.

Reuters

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Investors Business Daily

China Blacklists Lockheed Martin, Raytheon Over Taiwan Arms Sales

China sanctioned Lockheed Martin and Raytheon Thursday after the U.S. blacklisted several companies last week for their involvement in China's spy balloon program.

The Street

How the Markets Are Digesting Another Hot Inflation Report

The markets are digesting another hot inflation report, and China is putting Lockheed Martin and Raytheon on its sanctions list. Watch TheStreet Today live at 10:30 am Eastern.

Tribune News Service

China hits back at US with sanctions on Lockheed, Raytheon

China imposed fines and sanctions against two U.S. defense companies in a further escalation of tensions between the world’s two biggest economies.

Axios

China sanctions Lockheed Martin and Raytheon over Taiwan sales

The sanctions could have a chilling effect on future sales to Taiwan by companies not yet sanctioned by China.

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news in one place.

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The Street

Stocks Edge Higher, Cisco, Roku, Twilio, Raytheon - Five Things To Know

Stock futures edge higher amid resurgent U.S. Growth bets; Cisco Systems leaps after Q4 earnings beat, network outlook; Roku surges as cost cuts underpin 2023 earnings drive; Twilio powers higher after surprise Q4 profit, stock buyback and Raytheon, Lockheed Martin lower as China imposes sanctions over Taiwan arms sales.

The Independent UK

China sanctions Lockheed Martin, Raytheon for Taiwan sales

China has imposed trade and investment sanctions on U.S. military contractors Lockheed Martin and Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory

The Guardian - AU

Australian War Memorial accepted more than $830,000 from arms manufacturers in three years

Figures released to Senate reignite debate on commemoration of war dead funded by companies that profit from conflict

Investors Business Daily

Lockheed Martin Shows Improved RS Performance; Still Shy Of Benchmark

Lockheed Martin shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Evening Standard

How many fighter jets does the UK have? Zelensky seeks ‘jets coalition’

The prime minister said the UK would start training Ukrainian pilots to use Western fighter jets “relatively soon”, helped by the opening of a new flying school

Investors Business Daily

Latest Ukraine Aid Package Provides $1.7 Billion Directly To Defense Contractors

The latest round of U.S. military aid to Ukraine provides a $1.725 billion boost to defense stocks like Boeing, Raytheon, General Dynamics.

Investors Business Daily

Defense Lockheed Martin Stock Showing Improved Relative Strength

Lockheed Martin shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

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