Lockheed Martin

Goldman Sachs is taking over $70 billion in retirement assets from Verizon and Lockheed Martin, including $30 billion in pension assets and $40 billion in Verizon's defined-contribution retirement assets.

Goldman Sachs secured $70 billion in asset management deals with Verizon and Lockheed Martin. The competition in the retirement assets market includes managers like Goldman Sachs, BlackRock, Russell Investments, and Mercer.

President Donald Trump agreed to provide Ukraine with licenses to build Patriot missile interceptors during a meeting with Ukrainian President Volodymyr Zelenskyy at the NATO summit in Türkiye. The decision, which involves companies like Lockheed Martin and RTX Corp., has not yet been communicated to the manufacturers, and production locations remain under discussion, with European officials suggesting alternatives to Ukraine to avoid targeting by Russia.

Donald Trump has told Volodymyr Zelenskyy that Ukraine may be allowed to manufacture Patriot missile interceptors to counter Russian attacks, though the commitment was vague and the process is likely expensive and complex. Trump has not consulted with manufacturers Lockheed Martin and RTX Corporation, and the timeline for scaling production remains uncertain.

U.S. President Donald Trump proposed discussing a license for Ukraine to produce Patriot air defense systems during a meeting with Ukrainian President Volodymyr Zelenskyy at the NATO summit in Ankara. Trump suggested the idea as a way to shift production responsibility to Ukraine, though he acknowledged it had not yet been cleared with Raytheon and Lockheed Martin, the companies that manufacture the systems.

The White House is constructing a permanent granite helipad on the South Lawn, funded by Sikorsky Aircraft (a Lockheed Martin subsidiary), to accommodate newer, more powerful Marine One helicopters that damage the grass. President Trump stated the $5-6 million project will protect the lawn and noted Sikorsky's financial contribution due to underestimating the helicopters' power.

President Donald Trump is constructing a granite helipad on the White House lawn to accommodate new, more powerful presidential helicopters. The project, privately funded by Sikorsky Aircraft (a Lockheed Martin subsidiary), includes the White House seal in carved granite and aims to address issues caused by the new helicopters' heat damaging the lawn.

NATO leaders announced multi-billion-dollar arms deals in Ankara ahead of a summit with Donald Trump, emphasizing increased European defense spending. Deals included European purchases of US-made surveillance drones and joint missile production between Lockheed Martin and Rheinmetall, alongside calls for a defense industry 'revolution' to counter global security threats.

Lockheed Martin and Rheinmetall signed an agreement to co-produce ATACMS missiles at Rheinmetall’s Unterlüß site in Germany, marking the first non-American production of the missile. The partnership aims to meet European and Ukrainian demand, with production starting in 2027 and requiring U.S. government approval for technology transfer.

President Donald Trump's new White House helipad is being funded by Lockheed Martin subsidiary Sikorsky, which developed the new Marine One helicopters that cannot land on the South Lawn due to exhaust damage. The Trump administration has sought solutions for the issue, and Lockheed Martin recently secured multiple major defense contracts.

The U.S. is negotiating with Germany and other European countries to co-produce Raytheon's AIM-120 AMRAAM missiles and establish a maintenance facility for Lockheed's PAC-3 Patriot missiles in Europe. This could free up U.S. factory capacity and allow increased production at home for Raytheon and Lockheed Martin.

President Donald Trump announced the construction of a granite helipad on the White House South Lawn to accommodate new, more powerful Marine One helicopters. The project, privately funded by Sikorsky Aircraft (a Lockheed Martin subsidiary), is estimated to cost up to $6 million and aims to address issues caused by the helicopters' exhaust damaging the grass.

President Donald Trump announced the construction of a granite helipad on the White House South Lawn to accommodate new, more powerful Marine One helicopters. The project, privately funded by Sikorsky Aircraft (a Lockheed Martin subsidiary), is estimated to cost up to $6 million and aims to address issues caused by the helicopters' exhaust damaging the lawn.

President Donald Trump announced the construction of a granite helipad on the White House lawn to accommodate new, more powerful Marine One helicopters. The project, privately funded by Sikorsky Aircraft (a Lockheed Martin subsidiary), aims to address issues with the helicopters' exhaust damaging the grass. Trump emphasized the helipad's design and the need for the new aircraft, which replaced older models still in limited service.

President Donald Trump announced the construction of a granite helipad on the White House South Lawn to accommodate new, more powerful Marine One helicopters. The project, privately funded by Sikorsky Aircraft (a Lockheed Martin subsidiary) at an estimated cost of $6 million, aims to address issues with the new helicopters damaging the grass. Construction crews had already begun work, including a UFC-built temporary arena for a 80th birthday event.

President Trump announced the construction of a granite helipad on the White House South Lawn to accommodate new, more powerful Marine One helicopters. The project, privately funded by Sikorsky Aircraft (a Lockheed Martin subsidiary), aims to address issues with the helicopters' exhaust damaging the grass.

Lockheed Martin is acquiring Ultra Maritime in a $3.5 billion deal. The acquired company will operate under Lockheed Martin’s rotary and mission systems division after the transaction closes.

Lockheed Martin has entered a $3.5 billion agreement to acquire a subsea technology group. The deal occurs during a growing interest in defense technology, as Thales plans to purchase a French naval drone manufacturer.

Lockheed Martin is acquiring Ultra Maritime for $3.45 billion to strengthen its naval capabilities. The deal aims to expand Lockheed's presence in maritime defense technologies.

Lockheed Martin is leading the competition for a $3.5 billion acquisition of Ultra Maritime, a naval defense firm specializing in anti-submarine technology. Ultra Maritime is currently owned by private equity firm Advent International.

A Department of National Defence official was instructed to stop using a custom business card featuring two Lockheed Martin F-35s after distributing them at a military trade show during Canada's ongoing fighter jet procurement review.

Companies with federal interests, including Boeing, Lockheed Martin, and Oracle, are sponsoring a Trump-aligned initiative celebrating America’s 250th birthday. The effort is called Freedom 250.

Ukraine is purchasing 100 Patriot missiles using a $1 billion EU loan to counter Russian missile threats. The country has faced shortages of interceptors and has requested urgent supplies from allies, while production of Patriot missiles is expected to increase globally by 2027.

Lockheed Martin is leading in the acquisition of Ultra Maritime, a naval tech group. The agreement could be announced as soon as early next week.

Singapore is set to acquire 24 additional AGM-114R Hellfire missiles from the US, approved under a US$22.3 million package, bringing the total to 67 missiles. The US State Department approved the sale, which includes related support services and equipment.

The US State Department approved a potential sale of 67 AGM-114R Hellfire missiles to Singapore, valued at $22.3 million, to strengthen the city-state’s defenses. The deal includes spare parts, support equipment, and Lockheed Martin as the principal contractor.

U.S. President Donald Trump met with defense contractors to address depleted military stockpiles, emphasizing increased production of weapons like Patriot and THAAD interceptors. The meeting initially criticized industry progress but shifted to cooperation, with agreements to boost output through companies such as Lockheed Martin and RTX Corp.

Rocket Lab and Lockheed Martin are among the partners collaborating with SpaceX on a military space-laser project. The initiative, involving defense contractors, aims to develop a satellite network for tracking airborne threats as revealed in government documents.

Switzerland has begun contract negotiations with France, Israel, and South Korea for a second air defence system due to delays in its U.S. Patriot missile order. The U.S. systems, ordered in 2022 for delivery by 2026-2028, were delayed by four to five years because of the Ukraine war.

Latin America is becoming a contested arms market with four blocs competing. The UAE’s EDGE Group has invested $500m in Brazilian defense firms, while the United States remains influential through Lockheed Martin.

Several Latin American states are placing their largest arms orders in years, with Brazil's 2026 defense budget reaching 142 billion reais ($26bn), the highest in eight years, and Peru signing a $3.5bn deal for Lockheed Martin equipment.

The US Navy allocated $154 million to Lockheed Martin to begin manufacturing 11 F-35 stealth jets for an unnamed foreign buyer. Chilean media suspects Chile as the buyer due to its need to replace 11 ageing F-5 jets.

China sanctioned 10 U.S. military-related companies, restricting exports of dual-use items in response to U.S. sanctions on Chinese tech firms. The move follows the U.S. Defense Department adding Chinese companies like Alibaba and Baidu to a military-linked list, which China claims violates a consensus reached between Xi Jinping and Donald Trump.

The C-130 Hercules, in continuous production for over 70 years, is a versatile military transport aircraft capable of hauling cargo, troops, and providing close air support. Recent operations include humanitarian aid deliveries to Gaza, and the latest C-130J model costs $75.5 million to produce. The Air Mobility Command Museum in Delaware offers tours of a retired C-130E.

Lockheed Martin and General Motors have announced a partnership to increase production of munitions and other products. The collaboration highlights similarities between THAAD air defense interceptors and Corvettes in engineering, precision manufacturing, and supply chain complexity.

General Motors and Lockheed Martin have partnered to increase weapons production. The Pentagon requested the collaboration to enhance the defense group's output of critical munitions.

A new report reveals only 25% of US F-35 fighters were fully mission-capable last year due to maintenance and spare parts issues, with readiness rates declining from 67% to 44% between 2021 and 2025. The Pentagon's $13.7 billion readiness plan faces risks like contractor reliance and cost gaps, as the F-35 program's total costs now exceed $2 trillion.

General Motors' GM Defense subsidiary is in talks with Lockheed Martin to supply weapons parts. The automaker aims to expand beyond infantry vehicles as the Pentagon works to replenish munitions supplies.

France has selected a consortium of Safran and MBDA to supply domestically produced multiple-rocket launchers and munitions, rejecting competing offers from Thales, ArianeGroup, Lockheed Martin, and Hanwha Aerospace. The decision aims to replace aging M270-based systems by 2030, with Safran and MBDA planning to deliver the first systems in 2029, featuring a 150 km-range Thundart munition.

SpaceX, founded by Elon Musk in 2002, achieved a $1.8 trillion valuation after going public. The company overcame early failures, developed reusable rockets, and launched milestone projects like Starlink. Key moments include the Falcon 1 rocket's development, initial launch failures, and advancements in space travel affordability.