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The Latest Breaking News from Lockheed Martin

Defense industry dollars flowed to a Democratic senator after he gained a key role on spending

Montana Democratic Sen. Jon Tester is looking to win reelection in a race that could decide control of the Senate

The Independent UK

Taiwan says software problems delaying new F-16 deliveries

Software problems are delaying the delivery to Taiwan of 66 advanced new F-16V fighter jets from the United States but the island still expects the full order to arrive by 2026, Defence Minister Chiu Kuo-cheng said on Thursday.

Reuters

Defense contractors gouging taxpayers

“The gouging that takes place is unconscionable,” said former top negotiator for Raytheon and, later, the Pentagon

Salon

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read the most diverse news in one place.

Is a four-day workweek as good as it sounds? California employees share what it’s really like

OAKLAND, California — It’s after noon on a recent Wednesday, and the kitchen and patio at ThredUp’s Oakland headquarters are packed.

Los Angeles Times

Blue Origin wins NASA contract to join SpaceX for moon landings

Billionaires Jeff Bezos and Elon Musk officially have something else in common, as NASA awarded its second moon landing contract for the Artemis program to a large group of aerospace companies led by Blue Origin.

Orlando Sentinel

Blue Origin will build NASA's new moon lander for Artemis astronauts

Blue Origin's Blue Moon lander will take astronauts to the lunar surface in 2029, on the Artemis 5 mission. It's the second NASA moon lander for astronauts, after SpaceX's Starship.

Space

Speed is the key to any ‘international coalition’ for jets to Ukraine

The West should not get hung up on the training time needed for pilots, given how quickly Ukraine has adapted to new weaponry so far, writes Kim Sengupta

The Independent UK

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Experts: New Pentagon stats "stunning"

Military-industrial complex uses unprecedented influence to corrupt D.C. and starve funding for everything else

Salon

Lockheed and Rheinmetall to develop German version of HIMARS rocket launchers

Arms makers Lockheed Martin and Rheinmetall will team up to develop a German rocket artillery system, they said on Thursday, a weapon in the same category as the HIMARS rocket launchers Lockheed has been supplying to Ukraine.

Reuters

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

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

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Space

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.

Asharq Al-Awsat

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…

Tribune News Service

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.

Kiplinger

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.

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AAP

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.

Space

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.

The Independent UK

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 Guardian - US

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

Salon

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

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

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