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The Latest Breaking News from Lockheed Martin

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

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

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...

Barchart

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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

Barchart

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.

Space

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…

Asharq Al-Awsat

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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.

Tribune News Service

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.

Kiplinger

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.

AAP

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

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

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Birmingham Post

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

Tribune News Service

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.

StockNews.com

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),…

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news in one place.

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Salon

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

The Independent UK

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

Zenger

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.

Daily Mirror

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

Reuters

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.

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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