Weapons

Lockheed Martin [LMT] will increase profit margins on the F-35 Joint Strike Fighter while decreasing the per-aircraft price tag amid high profile pressure from President Donald Trump to contain costs on the […]

The U.S. Marine Corps is on track to begin deploying its new Lockheed Martin [LMT] F-35 Lightning II fighter overseas for the first time in early 2017 in the Western […]

The U.S. Navy has declared the Joint Standoff Weapon C-1 (JSOW C-1), the newest variant of the air-launched weapon, ready for operations. The guided glide weapon achieved its initial operational […]

The Defense Department’s F-35 Joint Program Office awarded Pratt & Whitney a $1.4 billion contract for lot nine low-rate initial production (LRIP) of  the F135 propulsion system to power the […]

A Lockheed Martin [LMT]-constructed PAC-3 Missile Segment Enhancement (PAC-3 MSE) missile detected, tracked, and successfully intercepted a tactical ballistic missile target today, the company said. The PAC-3 is a high-velocity […]

The Army’s new missile defense brain is set to enter initial production in 2016, establishing a critical baseline command-and-control architecture that can tie together various air defense systems into a […]

The Missile Defense Agency awarded Raytheon [RTN] a contract modification worth up to $2.3 billion to procure the material for, fabricate, test, and deliver 52 Standard Missile (SM)-3 Block IB […]

The State Department approved a possible $1.29 billion Foreign Military Sale (FMS) request to Saudi Arabia for air-to-ground munitions and associated equipment, parts and logistical support. The Defense Security Cooperation […]

The State Department approved a possible $380 million foreign military sale (FMS) request to the United Arab Emirates (UAE) for thousands of Joint Direct Attack Munitions (JDAM), sustainment and associated […]

The State Department approved a possible $599 million Foreign Military Sale (FMS) request to Lithuania for Stryker Infantry Carrier Vehicles (ICV) and associated equipment, parts and logistical support. The Defense […]