Lockheed Martin eyes fast growth in hypersonics 27 Jan: Lockheed Martin’s revenue from the rapidly growing area of hypersonic weapons could double to USD3 billion a year by the middle of the decade, according to a company official. Lockheed Martin expects to have hypersonics sales of USD1.5 billion in 2021, up 25% from USD1.2 billion in 2020, said Kenneth Possenriede, the US defence contractor’s chief financial officer. Several Lockheed Martin programmes are poised to achieve key development milestones or ramp up production over the next few years, fuelling revenue increases. Biden eyes more compliance with ‘Buy American’ rules 26 Jan: US President Joe Biden signed an executive order on 25 January directing US government agencies to increase their adherence to “Buy American” requirements. “With this order, President Biden is ensuring that when the federal government spends taxpayer dollars, they are spent on American-made goods by American workers, and with American-made component parts,” the White House said in a statement. While the existing federal law requires agencies to give preferences to American manufacturers when buying goods and services, those preferences “have not always been implemented consistently or effectively”, the statement said.