Boeing looking to sell space business: report
Boeing is reportedly exploring the sale of portions of its space business, such as its Starliner space vehicle and operations supporting the International Space Station.
China levies sanctions against 12 US military-linked companies
China has taken measures against 12 U.S. companies with ties to the military in response to the U.S. arming Taiwan and sanctions on Chinese companies.
Air Force confirms first successful AI dogfight
The Air Force acknowledged the first successful AI dogfight was carried out by DARPA and test pilots at Edwards Air Force Base as aerospace tech enters the machine learning era.
Inside Lockheed Martin’s ‘Hercules’ plant where a crucial piece of American hardware is born
FOX Business' Madison Alworth gets an inside look at Lockheed Martin's Marietta, GA plant and at the aerospace company's iconic C-130 'Hercules.'
Lockheed Martin officially introduces supersonic X-59 plane with NASA
Maryland-based Lockheed Martin officially introduced its experimental X-59 plane with NASA late last week. The plane was built to produce a 'quieter sonic thump.'
Lockheed beats estimates on sustained weapons demand amid geopolitical tensions
Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with RTX have proven critical to Ukraine's war efforts.
Prada partners to make spacesuits for NASA's Artemis III lunar mission
Prada will collaborate with spaceflight services startup Axiom Space to design the next spacesuit for NASA astronauts in the Artemis III mission, the companies said.
Lockheed Martin trims delivery outlook for F-35 stealth jets
Lockheed Martin lowered its outlook for F-35 deliveries amid software upgrade delays that trimmed its projected 2023 deliveries for the stealth jets to 97 from a range of 100-125.
US approves $12B arms package for Poland including Apache helicopters
The U.S. State Department gave a green light to a proposed $12 billion arms package for Poland that would include 96 AH-64E Apache attack helicopters in addition to equipment and ammunition.
China to ban imports and exports by Lockheed, Raytheon over Taiwan arms sales
China is moving to block all imports and exports involving U.S. defense contractors Lockheed Martin and Raytheon in retaliation for their arms sales to Taiwan.
Lockheed Martin wrestles with supply-chain issues to arm Ukraine
Lockheed Martin is the first of the big defense companies to report earnings. Sales rose from a year earlier, though the company said it still expects revenues to shrink this year.
Lockheed Martin subsidiary's protest of Army next-gen helicopter award to Bell denied by GAO
The Government Accountability Office denied a protest filed by Lockheed Martin Sikorsky and Boeing of the Army's decision to award its next-gen helicopter contract to Bell.
Lockheed Martin awarded missile contract for US Army, foreign partners worth up to $4.5 billion
Lockheed Martin announced that the U.S. Army awarded it a contract worth up to $4.5 billion to produce Hellfire and JAGM precision missiles for the Army and international partners.
Lockheed Martin awarded Navy hypersonic missile contract worth over $1 billion
The Navy awarded Lockheed Martin a contract initially worth $1.1 billion that may rise to over $2 billion to integrate hypersonic missiles onto Zumwalt destroyers.
US agrees to sell 20 HIMARS to Netherlands for $670 million
The Netherlands' request to purchase 20 HIMARS artillery systems plus ammunition and technical support from the U.S. for $670 million was approved Thursday.
China announces new sanctions against Lockheed Martin, Raytheon for Taiwan military sales
China is sanctioning Lockheed Martin and Raytheon Technologies over military sales to Taiwan as Beijing remains engaged in a territorial dispute with the island.
US approves Poland's bid to buy $10 billion in HIMARS, ammunition
The U.S. government has approved the potential sale of up to $10 billion of High Mobility Artillery Rocket Systems (HIMARS) to Poland, a key NATO ally in Eastern Europe.
Defense companies secure record orders
Defense sales at both Lockheed Martin Corp. and Raytheon Technologies Corp. fell last year compared with 2021, according to quarterly results released Tuesday.
Canada finalizes deal for Lockheed's F-35 fighter jets
Canada expects the first F-35s to be delivered in 2026 and for the fleet to be fully operational between 2032 and 2034, Defense Minister Anita Anand told a news conference.
Omnibus contains $11.9B for Pentagon to replenish weapon systems sent to Ukraine
Congress is providing the Pentagon nearly $12 billion to replenish depleted inventories of weapon systems that have been supplied to Ukraine for its war against Russia.