Lockheed Martin
Lockheed Martin is a major American aerospace, arms, defense, information security and technology company actively involved in research, design, and development.
US$770 Million Maintenance Bill For US Warplanes Worries Japan
Japan may incur an 86 Billion Yen (US$770 Million) maintenance hit on the US warplanes and drones it has bought or is planning to buy such as the F-35, Osprey,...
Middle East Contracts Loss Hit Lockheed Martin Q1 Earnings
Lockheed Martin booked $184M in charges on two Middle East contracts, in a move that highlights the potential pitfalls of the overseas deals that have been driving growth for US...
F-35 jets, Apache Choppers To Fly From UK's HMS Queen Elizabeth Carrier...
UKs HMS Queen Elizabeth aircraft carrier will start receiving F-35 fighter jet and various helicopters including Apache, Merlin, Wildcat, Chinook in 2018. UK has set target to reach initial operating capability...
Indonesia Orders Lockheed Martin’s Sniper Advanced Targeting Pod For F-16 Falcons
Indonesia will equip its F-16 Fighting Falcon fighter jets with Lockheed Martins Sniper Advanced Targeting Pod under an agreement signed during the US Vice President Mike Pence visit to Jakarta...
Lockheed Martin Wins $109 Million US Navy Contract For F-35 Hardware, Software
The US Navy has awarded a $109 million contract to Lockheed Martin for hardware and software upgrade kits in support of the F-35 Joint strike fighter aircraft. The awarded contract is...
Lockheed Martin Incurs Reduced Net Earnings Of $114 Million In Q1
Lockheed Martin incurred reduced net earnings of $114 million, or $0.39 per share due to a $120 million charge on a 'loss program' to design, integrate, and install an...
Bulgaria Completes Assessment Of Offers For New Combat Aircraft
Bulgarian working group has completed the analysis on offers for the supply of new combat aircraft to replace its ageing fleet of Russian-made MiG fighter aircraft. The working group set up...
Lockheed Martin's MUOS Satellite Terminals To Connect Beyond Line-Of-Sight
Lockheed Martin's fifth Mobile User Objective System (MUOS) satellite will support US Naval troops with ultra high frequency communications. The MUOS-5 satellite has completed Global Military Cellular Network as spare for...
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North Korea Deploys 12,000 Soldiers to Russia for Fight Against Ukraine
South Korea's National Intelligence Service (NIS) announced on Friday that North Korea has initiated the deployment of large-scale troops to assist Russia in its ongoing war against Ukraine
IDF Announces Deaths of 5 Soldiers in Lebanon; Toll Rises to 43
The Israel Defense Forces (IDF) said five soldiers from the Golani Brigade’s reconnaissance unit were killed during ongoing operations in southern Lebanon
French Army Receives First Stereoscopic Night Vision Binoculars
The French Army has received its first shipment of 300 Bi-NYX stereoscopic night vision binoculars, developed by Thales
RTX Corp to Pay Over $950M in Settlement Over Fraud, Bribery in U.S., Qatar Contracts
RTX Corporation, formerly known as Raytheon, has agreed to pay over $950 million to settle allegations of fraud and bribery, including inflated costs on contracts for Patriot missile systems and illegal payments to secure defense deals with Qatar
Airbus to Eliminate 2,500 Jobs from its Defence & Space Division
Airbus Defence and Space plans to reduce up to 2,500 positions in its workforce by mid-2026 due to ongoing challenges in the defense and space sectors
Hezbollah Drone Attacks Netanyahu's Residence
Kalashnikov Testing Stealth Combat Electric Motorcycle in Ukraine
More than 1,000 Palestinian Families Wiped Out from Civil Registry in Gaza
Japan Approved to Buy Rolling Airframe Missile Block 2B as Chinese Threat...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...