Through the deal, Boeing’s litigation with supplier GKN Aerospace will be dropped, and the aerospace giant will take possession of a St. Louis-area factory it used to own.
In an interview with Diario de Noticias on April 12, 2024, the Portugal Air
A group of pro-Palestinian activists in Crystal City chained themselves together, and then to the lobby doors of the offices of Lockheed Martin, a security and aerospace product manufacturer that […]
US weapons maker Lockheed Martin on Tuesday reported a near 14% rise in Q1 sales, as simmering geopolitical tensions fuel demand for new weapons.
Martin Further Reinforces its Dedication to Sustainability with New Guitar Model, Impact Report, and Museum Exhibit NAZARETH, Pa., April 22, 2024 /PRNewswire/ -- As the world celebrates Earth Day, C. F. Martin & Co.® proudly reaffirms its commitment to environmental stewardship with a trio of initiatives aimed at promoting sustainability across its operations. From the unveiling...
The Netherlands has delivered three more F-16 fighter jets to a training base in Romania. These aircraft will be utilized for training Ukrainian pilots and ground personnel, further enhancing their proficiency in operating advanced fighter jets.
New standards for light-emitting diode (LED) lightbulbs announced by the Biden administration last week will likely mean measurable savings for American households, but experts say the bulbs last so long it may be years before consumers notice the benefits.
The F-35 fighter jet program will cost taxpayers more than $2 trillion over its lifetime, cementing its place as one of the most expensive weapons programs in U.S. history, according to new estimates from the Government Accountability Office (GAO), an independent government watchdog.The new price tag represents a dramatic jump from a 2018 estimate that set the program’s total cost at $1.7 trillion. Most of the bump comes from projected sustainment costs, which increased by 44 percent to a cool...
Lockheed CFO Jay Malave said the company currently expects the program to become profitable on an annual basis around the 2028 timeframe.
The US-Mexico Dispute Over GM Corn Safety Could Transform American Agriculture Authored by Amy Denney via The Epoch Times (emphasis ours), Mexico’s effort to keep genetically modified corn out of the country is triggering a trade dispute with the United States and Canada that could affect the future of agriculture. (Illustration by The Epoch Times, Shutterstock, Freepik) The trade dispute hinges on a key question: whether genetically modified (GM) corn poses a threat to human...
Lockheed Martin Wins $17BN Interceptor Contract To Protect US Homeland With one massive war in Eastern Europe grinding past two years and with another potential major war brewing in the Middle East, Western defense contractors are perhaps the only ones with a smile on their faces while much of the rest of humanity suffers. On Monday the US Missile Defense Agency (MDA) announced that Lockheed Martin has been awarded a new US government contract worth $17 billion, to develop the next...
Hartline Investment Corp increased its stake in Lockheed Martin Co. (NYSE:LMT – Free Report) by 218.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,156 shares of the aerospace company’s stock after acquiring an additional 1,478 shares during the quarter. Hartline Investment Corp’s holdings […]