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Trump wants more drones and missiles, fewer F-35s in $893 billion budget request

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,...

US defence firms chase European military spending wave

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...

F-47: Trump picks Boeing over Lockheed for fighter jet contract

US President Donald Trump awarded Boeing on Friday the contract to build F-47, the US Air Force's most sophisticated fighter jet yet, handing the...

Lockheed Martin lifts 2024 sales target on fighter jet, missile demand

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...

Lockheed Martin trims F-35 jet delivery outlook

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...

US approves sending F-16s to Ukraine

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...

US Army awards Lockheed up to $4.5 bln missiles contract

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...

Pentagon nears F-35 jet deal worth about $30 bln

The U.S. Department of Defense is nearing an agreement with Lockheed Martin for around 375 F-35 fighter jets over three years, three sources said...

Lockheed Martin expects to begin deliveries of F-16 combat jets in 2024

There is list of key U.S. allies eager to purchase the jet.

Lockheed Martin looks to nearly double Javelin missile production

The aim is to boost output to 4,000 per year from 2,100 per year currently.

Canada to buy 88 F-35 fighter jets from Lockheed Martin

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...

American weapon maker anticipates better full-year outlook after Q3 profits

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.

Lockheed names F-35 chief to run aeronautics

Greg Ulmer, head of Lockheed Martin Corp’s F-35 fighter program, will temporarily lead the company’s aeronautics division

US approves sale of night vision equipment to Pakistan

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...

Pentagon says deal near with Lockheed for more F-35 fighter jets

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.

Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters

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.

Lockheed, Pentagon reach $4 billion deal for more F-35 jets

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.
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