Aerospace & Defense

Sikorsky, a Lockheed Martin Corp (NYSE: LMT) company, filed a formal protest asking the U.S. Government Accountability Office (GAO) to review the U.S. Army's decision on the Future Long-Range Assault Aircraft (FLRAA) contract. Based on a thorough review of the information...

In a bid to reduce its dependence on Russian arms, some Vietnam government officials and U.S. defense firms are reportedly discussing the supply of military gear. The talks are preliminary and may not lead to any deals. Lockheed Martin Corp (NYSE: LMT), Boeing Co (NYSE: BA), ...

Lockheed Martin Corp (NYSE: LMT) is partnering with Israel's Rafael Advanced Defense Systems Ltd to develop high-energy laser weapon systems. The weapon system will be based on a technology already developed by Rafael and Ministry of Defense's Directorate of Defense Research...

Industrial conglomerate General Electric Co (NYSE: GE) and defense contractor L3Harris Technologies, Inc (NYSE: LHX) were among those competing to acquire rocket maker Aerojet Rocketdyne Holdings, Inc (NYSE: AJRD). Aircraft producer Textron Inc (NYSE: TXT)...

Palantir Technologies Inc (NYSE: PLTR) and Lockheed Martin Corp (NYSE: LMT) collaborated to focus on delivering modern software to support Navy combat systems.  They leveraged Lockheed Martin's deep technical experience and Palantir's Apollo platform. The...

Lockheed Martin Corp (NYSE: LMT) and Microsoft Corp (NASDAQ: MSFT) reached a landmark expansion of their strategic relationship to help power the next generation of technology for the Department of Defense (DOD). Microsoft will provide Lockheed Martin with its first classified...

U.S. stocks closed higher, extending Monday’s rally following upbeat earnings results and strong factory data. Goldman Sachs Group Inc (NYSE: GS), Johnson & Johnson (NYSE: JNJ) and Lockheed Martin (NYSE: LMT) reported upbeat quarterly earnings on Tuesday. Industrial production in the US,...

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 100 points on Tuesday. The Dow traded up 1.07% to 30,508.96 while the NASDAQ rose 1.12% to 10,795.82. The S&P 500 also rose, gaining, 1.17% to 3,721.03. Also check this: Fear & Greed Index Moves To...

Lockheed Martin Corp (NYSE: LMT) reported a third-quarter FY22 net sales growth of 3.5% year-over-year to $16.58 billion, slightly missing the consensus of $16.64 billion. Adjusted EPS declined to $6.71, beating the consensus of $6.68. The gross margin contracted by 158 bps to 12.8%....

With US stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Johnson & Johnson (NYSE: JNJ) to report quarterly earnings at $2.52 per share on revenue of $23.47 billion before the opening bell. Johnson...

(Monday Market Open) Falling Treasury yields, hopes for improved stability in the U.K., and early strength in mega-cap stocks gave the market an initial boost Monday. But don’t get too comfortable. Everyone’s seen the wild swings lately, and volatility remains high with...

The Pentagon has allowed Chinese-origin alloy to be used in a component for Lockheed Martin Corporation's (NYSE: LMT) F-35 jet engines. The waiver allows the resumption of F-35 jet deliveries. The magnet used in an aircraft-powering device supplied by Honeywell International Inc...

Defense contractor L3Harris Technologies, Inc (NYSE: LHX) agreed to acquire satellite specialist ViaSat, Inc's (NASDAQ: VSAT) Tactical Data Links (TDL) product line for approximately $1.96 billion. Also known as Link 16, the TDL network is integrated on military...

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after recording losses on Thursday. The Dow Jones closed lower by more than 100 points, while the Nasdaq Composite fell around 150 points in the previous session after the US Federal Reserve, on Wednesday, raised...

The Wall Street Journal reported that Pentagon's executives and department officials are intensifying efforts to cut U.S. defense companies' ties with the global supply chain from China. As per the report, the Defense Department is using artificial intelligence to develop the...