Lockheed Martin Corp


  • WASHINGTON, March 6- The U.S. Navy plans to add 22 Boeing electronic attack jets to a list of "unfunded" priorities requested by Congress, but the document must still be vetted by senior Pentagon officials, who have underscored their commitment to Lockheed Martin Corp's next-generation F-35 fighter jet, sources familiar with the matter told Reuters.

  • Unexpected winner from Ukraine crisis? Maybe NASA Thursday, 6 Mar 2014 | 3:47 PM ET
    A Soyuz rocket is launched with Russian Commander Mikhail Tyurin and flight engineers Rick Mastracchio of NASA and Koichi Wakata of Japan on Nov. 7, 2013.

    Ukraine tensions could push Congress to invest more in the space program. Here's why.

  • WASHINGTON, March 4- The U.S. Air Force decided on Tuesday to start work on a new rescue helicopter by United Technologies Corp's Sikorsky Aircraft in fiscal 2015, a surprising turnaround hours after the Pentagon told Congress the program had been postponed.

  • WASHINGTON, March 4- The U.S. Missile Defense Agency is evaluating a range of options for redesigning the current Raytheon Co "kill vehicle" on its ground-based missile defense interceptors, and may opt for a competition, the agency's director said on Tuesday.

  • New, smaller US military has long road to reality Tuesday, 4 Mar 2014 | 3:15 PM ET
    USS George Washington

    Proposed military budget cuts proposed by the Pentagon last week may be far from what Congress finally agrees on.

  • Defense stocks may now be a strong defensive play Monday, 3 Mar 2014 | 2:26 PM ET
    Joint Strike Fighter F-35 Lightning II on the deck of USS Wasp, Aug. 28, 2013.

    The Ukraine crisis is a reminder that defense sector stocks can be a strong defensive play. Consider the strong outlook for Lockheed Martin.

  • National security: America's new robotic army Monday, 3 Mar 2014 | 12:14 PM ET
    An X-47B Unmanned Combat Air System (UCAS) demonstrator is towed into the hangar bay of the aircraft carrier USS George H.W. Bush.

    The U.S. military's human footprint is shrinking, but its robotic fighting force is on the rise, transforming the battlefield in air, land and sea.

  • Sweden offers to buy Brazilian military cargo jet Thursday, 27 Feb 2014 | 6:14 PM ET

    BRASILIA, Feb 27- Brazil is hoping to sell its upcoming KC-390 military cargo plane to Sweden as part of a $4.5 billion deal to buy 36 Gripen fighter jets made by Swedish company Saab AB. Embraer's new jet is set for its first flight by the end of the year and has received early commitments for orders from Brazil, Argentina, Colombia and Chile.

  • Quest for more lethal U.S. warship could raise cost Monday, 24 Feb 2014 | 10:13 PM ET

    Hagel announced the decision during a preview of the Pentagon's fiscal 2015 budget proposal, saying that growing threats in the Asia-Pacific region in particular meant the Navy needed to develop new small surface ships that could operate "in every region and along the full spectrum of conflict."

  • The Pentagon's new budget: Who wins and who loses Monday, 24 Feb 2014 | 3:39 PM ET
    United States Marines hold a giant American Flag across the court at the U.S. Open.

    Holders of U.S. defense stocks expressed relief that the budget spares most big arms firms. But not everybody wins.

  • Japan drafts revision of arms exports ban -source Sunday, 23 Feb 2014 | 1:47 AM ET

    TOKYO, Feb 23- Japan has drafted new guidelines that would reverse a decades-old ban on weapons exports, a source with knowledge of the matter said on Sunday, a move that could further strain ties with neighbours China and South Korea.

  • But U.S. weapons maker Raytheon Co has revolutionized that process at a sprawling, classified facility in Huntsville, Alabama, where automated transporters ferry missile parts to gleaming assembly stations, and even tuck themselves away for charging when their batteries run low.

  • Pentagon moving ahead with new vertical lift aircraft Friday, 21 Feb 2014 | 11:39 PM ET

    HUNTSVILLE, Alabama, Feb 21- The Pentagon is committed to early design work on a new aircraft that will replace thousands of helicopters now used by the U.S. military, its first "clean sheet design" program in years, the Army official heading the effort said on Friday.

  • Under Armour unfairly beaten up over suits: CEO Friday, 21 Feb 2014 | 9:55 AM ET
    Shani Davis of the United States, wearing an Under Armour uniform, competes during the Sochi 2014 Winter Olympics.

    Despite the Sochi Olympics flap, Under Armour and U.S. Speedskating have signed a new eight-year partnership.

  • Dutch speedskating coach: US football 'sucks' Thursday, 20 Feb 2014 | 11:18 AM ET
    CNBC's Joe Kernen square's off with Netherlands speedskating coach Jillert Anema

    Jillert Anema says America's weak speedskating performance comes from a lack of competition and support for skaters in the U.S.

  • LONDON, Feb 19- British defence contractor BAE Systems has finally agreed pricing with Saudi Arabia on its long-delayed Eurofighter Typhoon jet deal with the Gulf state, potentially leading to more contracts across the region.

  • BOSTON, Feb 18- French aerospace engine maker Snecma, a unit of Safran, was attacked by hackers who exploited a vulnerability in Microsoft Corp's Internet Explorer, according to a computer security researcher.

  • WASHINGTON, Feb 13- Boeing Co is mounting a last-ditch campaign to convince U.S. lawmakers to buy more fighter jets and stave off a shutdown of a St. Louis production line after the U.S. Navy failed to fund the jets.

  • WASHINGTON, Feb 12- Defense Secretary Chuck Hagel is expected to preview the Pentagon's fiscal 2015 budget request on Feb. 24, a week before the White House sends its formal budget plan to Congress, according to sources familiar with the matter.

  • As West cuts, global defence industry balance shifts Wednesday, 12 Feb 2014 | 9:13 AM ET

    *Asia, Gulf to drive global defence growth in 2014. LONDON, Feb 12- Fuelled by growing strains in Middle East and Asia, global defence spending looks set to rise in 2014 for the first time since the 2008 financial crisis.

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