A previously awarded contract to Lockheed Martin related to C-130J aircraft delivery, development and engineering worth $15 billion has been increased to $25 billion, the Pentagon said on Tuesday.
U.S. F-35 fighter jets were available to fly only about half the time in 2024 due to maintenance shortcomings by Lockheed Martin , Bloomberg News reported on Tuesday, citing a government watchdog.
When inflation drops, as we saw in the November consumer price index report, the Federal Reserve typically continues to cut interest rates, making fixed-income alternatives less attractive.
Tory Bruno has resigned as United Launch Alliance's chief executive officer after leading the space venture for nearly 12 years, the firm said on Monday.
The award, with a potential value of over $1 billion, expands the Proliferated Warfighter Space Architecture with 18 new missile tracking satellites DENVER , Dec. 19, 2025 /PRNewswire/ -- The Space Development Agency (SDA) has awarded Lockheed Martin (NYSE: LMT) a contract for 18 space vehicles for its Tranche 3 Tracking Layer (TRKT3) constellation, with a potential value of more than $1 billio...
ARLINGTON, Va.--(BUSINESS WIRE)--Rune Technologies, a pioneer in AI-enabled predictive logistics and decision support software for the military, today announced that it will be supporting Lockheed Martin's $30M prototype agreement to partner with the U.S. Army, supporting the development of its data-centric Next Generation Command and Control (NGC2) prototype. The contract positions Rune as a p...
Skunk Works® MDCX™ autonomy platform is revolutionizing C2 for multi-class drones PALMDALE, Calif. , Dec. 18, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Skunk Works® and XTEND collaborated to integrate the XTEND Operating System (XOS) into Skunk Works' MDCX™ autonomy platform, allowing simultaneous Command and Control (C2) of multiple classes of UAS, creating improved situational awarenes...
The Trump administration is planning an executive order that would limit dividends, buybacks and executive pay for defense contractors that are over-budget and delayed, according to three sources briefed on the order.
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