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The Latest Breaking News from Lockheed Martin

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.

Tribune News Service

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.

Axios

China sanctions Lockheed Martin, Raytheon for Taiwan sales

China has imposed trade and investment sanctions on U.S. military contractors Lockheed Martin and Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory

The Independent UK

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Australian War Memorial accepted more than $830,000 from arms manufacturers in three years

Figures released to Senate reignite debate on commemoration of war dead funded by companies that profit from conflict

The Guardian - AU

Lockheed Martin Shows Improved RS Performance; Still Shy Of Benchmark

Lockheed Martin shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

How many fighter jets does the UK have? Zelensky seeks ‘jets coalition’

The prime minister said the UK would start training Ukrainian pilots to use Western fighter jets “relatively soon”, helped by the opening of a new flying school

Evening Standard

Latest Ukraine Aid Package Provides $1.7 Billion Directly To Defense Contractors

The latest round of U.S. military aid to Ukraine provides a $1.725 billion boost to defense stocks like Boeing, Raytheon, General Dynamics.

Investors Business Daily

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Defense Lockheed Martin Stock Showing Improved Relative Strength

Lockheed Martin shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

Rheinmetall eyes boost in munitions output, HIMARS production in Germany

German arms-maker Rheinmetall is ready to greatly boost the output of tank and artillery munitions to satisfy strong demand in Ukraine and the West, and may start producing HIMARS multiple rocket launchers in Germany, CEO Armin Papperger told Reuters.

Reuters

As the war rages on and military spending booms, the US arms industry is a big winner in Ukraine

Ukraine continues to need American weapons to hold out against Russia, and now a global military spending boom is set to further benefit the US arms industry. There are accusations of "profiteering", but is there any alternative?

ABC News

20 jobs as Williamtown wins $1.6 million strike fighter contract

Australia expects to have 72 F-35s operational by the end of this year.

Newcastle Herald

Canada finalizes agreement to buy 88 US F-35 fighter jets

Canada has finalized an agreement with Lockheed Martin Corp. and the United States government to purchase 88 F-35 fighter jets

The Independent UK

You need to play the most groundbreaking fighting game ever on Switch ASAP

In an era for fighting games that was largely dominated by Mortal Kombat, 'Virtua Fighter 2' emerged as a challenge through the use of motion capture technology.

Inverse

Australian defence force to spend $1bn acquiring naval strike missiles and army rocket systems

Government says purchase of truck-mounted rockets ‘largest expansion of army strike capability in living memory’ with range extended from 50km to 300km

The Guardian - AU

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Investors Business Daily

Is Lockheed Martin, IBD Stock Of The Day, Setting Up As A Defensive Play?

Stock Of The Day: Lockheed Martin is trading tightly, near an early entry as it works on a new base. Analysts see strong 2023 profits.

Investors Business Daily

Defense Stocks Rise After DOD Doles Out High-Value Awards

Defense contractors General Dynamics, Lockheed Martin and Boeing received high-value awards from the Department of Defense during the holidays

Birmingham Post

The year in North East business: the 10 biggest stories of the year

From the travails of Britishvolt and Go-Ahead to good news on inward investment and city centres, it has been a busy 12 months

USA Today Sports Media Group

Baylor vs Air Force Lockheed Martin Armed Forces Bowl Prediction Game Preview

Baylor vs Air Force game preview, prediction, and breakdown for the Lockheed Martin Armed Forces Bowl on Thursday, December 22

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The Independent UK

Pilot ejects from fighter jet in Texas in failed landing

Officials say a pilot had safely ejected from a plane after a failed landing at a North Texas military base

Tribune News Service

Pilot ejects from F-35 military jet, makes crash landing in Fort Worth

DALLAS — A pilot ejected from a military fighter jet, making a crash landing on a runway Thursday morning in Fort Worth.

Investors Business Daily

Lockheed Martin, Other U.S. Defense Giants, Court Vietnam

Lockheed Martin, Raytheon and Boeing are among the U.S. defense firms courting new deals with Vietnam as it seeks less reliance on Russia.

Reuters

Germany to decide mid-December on purchase of F-35 fighter jet

The German parliament will decide in mid-December about the 10 billion euro ($10.50 billion) purchase of the F-35 fighter jet produced by U.S. defence giant Lockheed Martin, Defence Minister Christine Lambrecht said on Tuesday.

Al Jazeera

US eyes long-range rockets for Ukraine as arms supplies dwindle

The projectile would allow Ukraine to hit valuable Russian military targets that have so far been out of reach.

Reuters

Exclusive-U.S. weighs sending 100-mile strike weapon to Ukraine -sources

The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms.

Salon

Senate pushing massive weapons buildup

Why do powerful senators want to load up on expensive weapons, far beyond what the U.S. has sent to Ukraine?

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