Every day people pass a large, graceful aircraft attached to the Greenwood Lake Airport offices on their way to take flying lessons, skydiving lessons or to ...
Lockheed Martin LMT10.54%increase; up pointing triangle has signed a deal to acquire the defense company Ultra Maritime for $3.45 billion from private equity firm Advent International. The aerospace ...
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CNBC previously reported that Lockheed Martin was leading the race to purchase Ultra. Ultra is owned by private equity firm Advent International, and specializes in anti-submarine technology. Defense ...
Lockheed Martin has received a potential $35 billion contract to scale THAAD interceptor production The agreement will increase annual THAAD output from 96 to about 400 interceptors over the next ...
Lockheed Martin (LMT) said it developed a hypersonic glide body designed to provide a longer-range strike capability while reducing manufacturing costs and supporting larger-scale production, as the U ...
A Falcon 9 rocket carrying the GPS III-8 mission successfully launches from Space Launch Complex 40 at Cape Canaveral Space Force Station, Florida, on April 21, 2026. (U.S. Space Force photo ...
A top U.S. defense contractor pulled back the curtain on next-generation AI-powered systems designed to hunt down and destroy swarms of enemy drones as the U.S. rapidly expands its next-generation ...
Lockheed Martin broke ground Thursday on an 87,000-square-foot munitions production center in Troy. The new facility, designated Building 47, will house production lines for Terminal High Altitude ...
Northrop Grumman (NOC +0.98%) operates globally by developing and producing advanced aircraft, weapons, and mission systems. It reached an agreement to increase bomber production capacity by 25% while ...
President Donald Trump spent much of his first term complaining about Lockheed Martin's high prices and talking down its marquee product, the F-35 Lightning II stealth fighter jet, which he called ...
Lockheed Martin will grow the capacity of its venture capital fund for investing in startups from $400 million to roughly $1 billion as part of a push to accelerate efforts at getting technologies ...