U.S. President Donald Trump wants a pay raise for troops, more high-tech missiles and drones in next year's defense budget, while cutting Navy jobs,...
PARIS: US defence giants, backed by a strong Congressional delegation from Washington, used the Paris Airshow to showcase cutting-edge technologies and court European partners...
US defense company Lockheed Martin raised its annual sales target on Tuesday, following the unexpected resumption of deliveries of its F-35 aircraft after the...
US weapons maker Lockheed Martin (LMT.N) on Wednesday cut its delivery outlook for its F-35 jets, and delayed deliveries of its updated Technology Refresh...
The United States has approved sending F-16 fighter jets to Ukraine from Denmark and the Netherlands to defend against "Russian invaders" as soon as...
Lockheed Martin said on Monday the U.S. Army has awarded a multi-year production contract for Joint-Air-to-Ground Missiles (JAGM) and HELLFIRE missiles, in a deal...
OTTAWA, Canada: Canada announced plans Monday to buy 88 US-made F-35 stealth fighter jets to replace its aging fleet, and meet new threats including...
US weapons maker Lockheed Martin reported a better-than-expected third-quarter profit, attributable to higher sales in its aeronautics unit which makes the F-35 fighter jet, and raised its full-year earnings forecast.
WASHINGTON: The United States has approved the sale of night vision infrared target sight system to Pakistan.
According to a statement issued by the US...
RAF FAIRFORD, ENGLAND: The U.S. Department of Defense and Lockheed Martin Corp are in the final stages of negotiations about two contracts for 160 fighter jets, tandem deals valued at more than $14 billion, the Pentagon's F-35 program manager said on Saturday.
WASHINGTON: The Pentagon said on Friday it had awarded Lockheed a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last contract, and 57 percent from the first batch.
WASHINGTON: Lockheed Martin Corp and U.S. defense officials have reached agreement on the terms of a contract worth about $4 billion for an eighth batch of 43 F-35 fighter jets, sources familiar with the deal said on Thursday.