Hilton teams up with Voyager Space to design astronaut quarters for Starlab station
Hilton will partner with Voyager Space to design astronaut quarters on its Starlab commercial space station, the companies announced Tuesday.
Pentagon doubles down on cutting off defense supplies from China after F-35 scare
The U.S. military is pushing to secure its supply chain against global adversaries like China, calling on contractors to cut off purchases of China-sourced material.
Goodyear supplying tires for General Motors, Lockheed Martin lunar mobility vehicle
The vehicle will be used to transport astronauts in NASA's Artemis Program and cargo around the lunar surface.
Major US defense contractors maintain China ties despite increasing tensions
Several of the largest defense contractors in the U.S. have ties to Beijing, a Fox News Digital review found.
Lockheed Martin stock hit on report Pentagon lowered F-35 order
Shares of Lockheed Martin tumbled this week following a report that the U.S. Defense Department decided to trim the number of F-35 stealth warplanes from its next budget by 35%.
End of Lockheed-Aerojet deal puts pressure on leadership of both firms
Lockheed Martin's exit from its purchase of engine maker Aerojet Rocketdyne has refocused investors on the compounding list of problems at the companies, as pressure grows on Lockheed management to improve lagging performance.
Lockheed scraps $4.4B deal to buy Aerojet amid regulatory hurdles
U.S. arms maker Lockheed Martin Corp called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion amid opposition from U.S. antitrust enforcers.
Israel signs deal to buy $3.1 bln in US helicopters, tankers
Israel has signed a deal with the United States to buy 12 Lockheed Martin Corp CH-53K helicopters and two Boeing Co KC-46 refueling planes, the Israeli Defense Ministry said on Friday, estimating the total price at around $3.1 billion.
Pentagon deems new presidential helicopter built by Lockheed Martin unreliable in emergency situations: report
A presidential helicopter built by Lockheed Martin has been deemed by the Pentagon unreliable in emergency situations and not “operationally suitable," according to a report.
NASA doles out millions to SpaceX, Blue Origin to develop Artemis moon lander concepts
The awards include $9.4 million for SpaceX, $25.6 million for Blue Origin, $34.8 million for Northrop Grumman, $35.2 million for Lockheed Martin, and $40.8 million for Dynetics.
Boeing’s Starliner flight was postponed. What happens now?
When Boeing Co. will attempt to launch its Starliner space taxi to the International Space Station remains unclear after its engineers detected a problem with valves on a propulsion system on the vehicle.
Tom Cotton grills Lockheed Martin over reported 'White men's caucus' training
Sen. Tom Cotton, R-Ark., is demanding answers from one of the nation's largest defense contractors after it allegedly hosted a “White men's caucus” in which employees associated negative attributes with that race and gender.
Lockheed Martin holds training for White male leaders to address their privilege, culture: report
Aerospace and defense company Lockheed Martin’s White male employees in leadership positions have gone through training to bring awareness to White male culture and its impact on the company as a whole.
Lockheed Martin enters agreement to acquire Aerojet Rocketdyne for $4.4B
As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021, which, unless revoked, is expected to reduce the transaction's purchase price to $51 per share.
Lockheed Martin awarded $900M F-16 service contract
Lockheed Martin has won a 10-year, $900 billion contract involving a variety of services in support of F-16 aircraft, the defense contractor announced Friday.
Lockheed Martin bolsters forecast amid F-35 strength
Lockheed Martin Corp. reported better-than-expected results that were boosted by its F-35 fighter jet and raised its outlook for the rest of the year.
Ivanka Trump, Sec. Ross to present presidential awards to companies keeping 'Pledge to America's Workers'
White House adviser Ivanka Trump and Commerce Secretary Wilbur Ross will present the inaugural Pledge to America’s Workers Presidential Awards on Wednesday.
Raytheon defense business drives quarterly profit beat
Raytheon said it achieved a record backlog of $73.1 billion from its defense business in the second quarter, pointing to strong demand from the U.S. government and international customers.
China to sanction Lockheed Martin over Taiwan arms sale
China will put sanctions on Lockheed Martin for involvement in the latest U.S. arms sale to Chinese-claimed Taiwan, China said on Tuesday, adding tension to its troubled relationship with the United States.
Elon Musk's SpaceX boosts US satellite-based navigation system
A SpaceX Falcon 9 rocket delivered a Space Force Global Positioning System satellite into orbit Tuesday.