Lockheed Martin

Defense Department and Lockheed Martin [LMT] officials confirmed specific measures around cash flows and accounting for inflation are key to a new framework agreement that aims to more than triple […]

The Department of Defense and Lockheed Martin [LMT] on Tuesday announced a new seven year-long framework agreement aimed at pushing annual production of the Patriot Advanced Capability (PAC)-3 Missile Segment […]

General Atomics Aeronautical Systems, Inc. (GA-ASI) on Monday announced the successful test of an F-22 Raptor fighter controlling an MQ-20 Avenger unmanned combat aerial vehicle (UCAV) for the first time […]

Lockheed Martin [LMT] on Wednesday announced a $50 million investment in maritime drone maker Saildrone, with plans to integrate weapons and other systems onto their unmanned surface vessels (USVs). Work […]

Lockheed Martin [LMT] on Oct. 20 announced it won a $233 million contract order to deliver the previously delayed infrared search and track (IRST) 21 Block II sensor system and […]

Boeing [BA] on Tuesday announced it won a series of multiyear contracts worth $2.7 billion total to produce more Patriot Advanced Capability-3 (PAC-3) seekers. Boeing produces the seekers under prime […]

The Army hopes to start buying the next version of a long-range fire weapon, Precision Strike Missile (PrSM) Increment 2, in the middle of 2026, a senior official said Monday. […]

Lockheed Martin [LMT] started initial light off ground-based testing for the Japan-bound Aegis System Equipped Vessel (ASEV)’s shipset 1 SPY-7 radar system on schedule, the company announced Tuesday. The testing […]

The Army awarded Lockheed Martin [LMT] a $9.8 billion contract to produce 1,970 Patriot Advanced Capability – 3 Missile Segment Enhancement (PAC-3 MSE) interceptors for the U.S. and international partners, […]

The Defense Department said the S-Band Long Range Discrimination Radar (LRDR) conducted its first flight test tracking of a live missile target on Monday, relaying data to the Control Battle […]