Weapons

Lockheed Martin [LMT] on Tuesday reported strong second quarter financial results driven by higher sales, lower taxes, a pension benefit and improved operating performance. Net income increased 26 percent to […]

The Missile Defense Agency (MDA) awarded Raytheon [RTN] a $467 million contract to produce, test, and deliver 44 Standard Missile (SM)-3 Block IB interceptors, the company said on Wednesday. The […]

FARNBOROUGH INTERNATIONAL AIRSHOW–Lockheed Martin [LMT] has reached a “handshake” agreement on the low-rate initial product lot 11 (LRIP 11) contract for the F-35, according to a program update provided by […]

Lockheed Marin [LMT] chose Raytheon [RTN] to develop and deliver the next generation Distributed Aperture System (DAS) for the F-35 Joint Strike Fighter, replacing the sensor’s incumbent Northrop Grumman [NOC]. […]

The Missile Defense Agency (MDA) awarded Lockheed Martin [LMT] a $145 million modification on Wednesday to produce additional Lot 10 Terminal High Altitude Area Defense (THAAD) interceptors and associated equipment. […]

The House Armed Services subcommittee on strategic forces markup of its portion of the FY ’19 defense authorization bill focused on SM-3 IB multiyear procurement, requiring the director of the […]

Lockheed Martin [LMT] on Tuesday posted strong financial results in its first quarter buoyed by operating performance, a lower tax rate and a pension tailwind, and the company raised the […]

The Missile Defense Agency (MDA) and Army jointly successfully tested a missile defense tracking exercise last week to demonstrate the interoperability between the Terminal High Altitude Area Defense (THAAD) and […]

Top U.S. Defense Department missile defense leaders provided positive updates on U.S. missile defense systems at a congressional hearing last Thursday, but one official was reluctant to say when the […]

The U.S. Army awarded Lockheed Martin a $524 million modification Tuesday to a domestic and foreign military sales (FMS) contract for Patriot Advanced Capability-3 missile segment enhancement (PAC-3 MSE) missiles. […]