Joe Biden's made-for-TV inauguration celebration was bankrolled by dozens of...
Summary List PlacementNumerous corporations helped bankroll President Joe Biden's made-for-TV inauguration celebrations, together contributing well into the eight-figures to fund the festivities,...
View ArticleSigma Labs soars 200% after signing deal with Lockheed Martin for the...
Summary List PlacementShares of Sigma Labs, a commercial 3D metal printing software company, soared 200% on Monday after it announced a deal for its product with aerospace and defense firm Lockheed...
View ArticleAerojet Rocketdyne soars 26% after Lockheed Martin announces $4.4 billion...
Summary List PlacementShares of Aerojet Rocketdyne gained as much as 26% to $53.10 on Monday after defense giant Lockheed Martin announced its acquiring the company in a $4.4 billion deal. Aerojet...
View ArticleLockheed Martin is buying rocket engine company Aerojet Rocketdyne for $4.4...
Summary List PlacementLockheed Martin Corp said on Sunday it has agreed to buy US rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion, including debt and net cash.The deal is...
View ArticleIndustrial stocks tank after China sanctions Lockheed Martin, Boeing, and...
Summary List PlacementIndustrial stocks slid on Monday after China announced sanctions against US defense firms over weapons sales to Taiwan.The country will sanction Boeing, Raytheon, and Lockheed...
View ArticleThe space industry will grow by over $1 trillion in the next decade, says...
Summary List PlacementInvesting in space can seem like a million miles away for most investors with the majority of pure play space organizations remaining private. However, over the years the space...
View ArticleRetired passenger airliners are getting a second life fighting fires as...
Aerial firefighting firms are repurposing passenger airliners into flying fire trucks as the intensity of forest and wildfires grows each year.Aging aircraft like the Boeing 747 and McDonnell Douglas...
View ArticleElon Musk seems furious that SpaceX has to split Space Force contracts worth...
SpaceX recently won a 40% share of a prized agreement with the Space Force to launch classified US payloads into orbit.But the rocket company, founded by Elon Musk in 2002, remained curiously silent...
View ArticleJeff Bezos' Blue Origin thinks it can beat SpaceX back to the moon with a...
NASA is rushing to return astronauts to the moon's surface in 2024 with a program called Artemis.A spaceship and rocket system is already being built to fly crews to the moon. However, NASA started a...
View ArticleCoronavirus could delay delivery of up to 24 F-35 fighter jets
Lockheed Martin said Tuesday that it would slow production of the F-35 fighter jet due to coronavirus-related disruption to supply chains.The slowdown could delay delivery of 18 to 24 of the jets.Visit...
View ArticleThe US Air Force is spending $50 million to keep the U-2 spy plane high above...
Since entering service 60 years ago, the U-2 has snooped all over the world, and over the decades the plane has changed a great deal.Work that Lockheed Martin is doing on the spy plane now is meant to...
View ArticleCybercriminals are posting highly-sensitive stolen documents revealing...
Ransomware gangs have recently posted highly sensitive documents they have stolen from companies, including classified business information, a confidential diagram from a defense contractor, and...
View ArticleDefense stocks tear higher following Iran's missile strikes on bases housing...
Defense stocks including Northrop Grumman, Lockheed Martin, and Raytheon jumped in early Tuesday trading after Iran launched more than a dozen missiles at Iraqi bases housing US service...
View ArticleThese 7 aerospace and defense stocks are getting a huge boost from Trump's...
Aerospace and defense firms are among the few groups of stocks soaring in Friday trading, with new fears of conflict between the US and Iran boosting war-driven industries.A US airstrike approved by...
View ArticleThe Pentagon and Lockheed Martin seal $34 billion deal for the delivery of...
The Department of Defense and Lockheed Martin have finalized a $34 billion deal to deliver 478 additional F-35 Lightning II Joint Strike Fighters, military leaders announced at the Pentagon Tuesday...
View ArticleLockheed is about to start building wings for the F-16 fighter jet at a plant...
Lockheed Martin plans to start making wings for the F-16 fighter at a plant in India in 2020.Lockheed is also competing for a $15 billion contract to make 114 combat jets for India's air force and has...
View ArticleEisenhower's worst nightmare: Pentagon merger-mania is back
A looming merger between Raytheon and United Technologies is poised to produce another defense industry giant.Such mergers are common, but the influence of those firms and the primacy of the Pentagon...
View Article15 current and former Fortune 500 CEOs who got their start in the military
Johnson & Johnson CEO Alex Gorsky, Kinder Morgan executive chairman Richard Kinder, and FedEx CEO Frederick W. Smith all served overseas.Here are other Fortune 500 CEOs who have served in the...
View ArticleNASA says it needs a $1.6 billion 'down payment' from Congress to send...
The Trump administration wants NASA to land astronauts on the moon within five years rather than by 2028, as previously planned.Jim Bridenstine, NASA's administrator, said on Monday that the space...
View ArticleThe F-35 is about to get a lot more lethal in air-to-air combat — without...
The top US defense contractor Lockheed Martin has unveiled a new weapons rack meant to increase the internal air-to-air missile carrying capacity of the F-35.The new weapons rack — Sidekick — is...
View Article