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Lockheed Martin Doubles Down On Army Contracts As Nvidia, Microsoft & Intel Aid Defense Digitization By The Company - Lockheed Martin (NYSE:LMT)

Lockheed Martin bags $500M in contracts from U.S. govt in a month; 71% of its revenue comes from U.S. defense spending, which is expected to increase until 2033. ....

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$200 million contract will provide MLRS engineering service

Lockheed Martin’s Camden site is one company location that will benefit from a $199,154,320 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract awarded Monday by the Department of Defense. ....

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Malaysian government acquires stake in naval shipbuilder

Malaysian corporation Boustead Heavy Industries has agreed to sell a major stake in its naval shipbuilding business, Boustead Naval Shipyard (BNS), to the government. The proposed transaction – valued at a nominal MYR1 (USD0.21) – is intende. ....

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US approves possible sale of HIMARS to Australia

The US Department of State has approved the possible Foreign Military Sales (FMS) of M142 High-Mobility Artillery Rocket Systems (HIMARSs) and related equipment to the Australian government for an estimated cost of USD975 million. The HIMARS. ....

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US will cross 'red line' if it gives Ukraine longer-range missiles: Russia

“If Washington decides to supply longer-range missiles to Kiev, then it will be crossing a red line,” the foreign ministry spokeswoman said. ....

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