Keywords: Lockheed martin
Lockheed Martin has increased its 2026 sales and profit expectations as rising geopolitical tensions and government efforts to rebuild military inventories fuel stronger demand for defense equipment. The United States defense contractor said its improved outlook reflects growing orders across......
U.S. defence giant Lockheed Martin and German defence company Rheinmetall have signed an agreement to jointly produce ATACMS missiles in Germany, marking the first planned manufacturing of the short-range ballistic missile system outside the United States. The two companies announced on Tuesday that......
Lockheed Martin has agreed to acquire Ultra Maritime from private equity firm Advent in a deal valued at $3.45 billion, expanding its capabilities in naval warfare and undersea defence technologies. The acquisition strengthens Lockheed Martin’s position in one of the fastest-growing segments of......
German defense company Rheinmetall and Dutch-based aerospace and defense firm Destinus have announced the creation of a new joint venture aimed at developing advanced missile systems for the European market. The new company, to be named Destinus Strike Systems, is expected to be formally established......
Taiwan’s defense ministry announced that deliveries of the long-delayed F-16V fighter jets will begin this year, following a visit by senior officials to the United States. Production is reportedly running at full capacity, with assembly proceeding on a two-shift schedule. The island faces growing......
Defense companies on Wall Street reached new record levels as the military campaign involving the United States and Israel against Iran entered its second week, driving investors toward aerospace and weapons manufacturers expected to benefit from rising global defense spending. Shares of Lockheed Martin......
A fighter jet operated by the Turkish Air Force crashed early Wednesday in western Turkey, resulting in the death of its pilot, according to the state-run Anadolu Agency, citing the Ministry of Defense. The F-16 aircraft took off at 00:56 local time from a base in Balıkesir Province before contact......
The United States Department of Defense has announced a major radar modernization program for F-16 fighter jets, explicitly including Morocco among the partner nations. This initiative is part of broader strategic investments in aerospace, ballistic, and naval systems. According to Pentagon documents,......
Morocco has taken a significant step in strengthening its aerospace infrastructure with the start of construction on a new heavy maintenance hangar for F-16 and C-130 aircraft at Benslimane Airport. The initiative, led by Maintenance Aero Maroc (MAM), marks a new phase in the country’s ambition......
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