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US State Dept approves $941 million sale of F-16 jet equipment to Argentina

The U.S. has approved a $941 million sale of F-16 equipment and support to Argentina, with Lockheed Martin as the principal contractor.

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L3Harris unit making rocket motors used in Ukraine says business has surged

Aerojet Rocketdyne has doubled GMLRS rocket motor production amid soaring global demand fueled by wars in Ukraine and the Middle East, pushing for new manufacturing capacities.

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US missile agency scales back Guam defence plans

The U.S. Missile Defense Agency announced a reduction in Guam's missile defense sites from 22 to 16, crucial for protection against missile threats from China.

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US State Department OKs possible sale of aerial targets to Japan

The U.S. State Department approved a $113 million military sale to Japan, including aerial targets and technical support, with Northrop Grumman and Lockheed Martin as contractors.

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Fearing China's hypersonic weapons, US Navy seeks to arm ships with Patriot missiles

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L3Harris lifts lower end of 2024 results forecast amid global tensions

L3Harris raises profit and revenue forecasts due to increased weapon demand and strong defense spending amid global tensions, reporting better-than-expected quarterly results.

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Boeing defense's business is 'core', but struggles abound for new CEO

Boeing CEO Kelly Ortberg highlights ongoing struggles in the defense sector, cost overruns, and leadership changes while asserting that the division remains vital for the future.

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Earnings call: Lockheed Martin reports strong demand in Q3 2024

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Analysis-Poland leads NATO on defence spend - but can it afford it?

Poland is significantly increasing its defense spending amid revenue shortfalls, raising concerns about long-term military expenses and fiscal challenges as it leads NATO in defense expenditure.

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Lockheed Martin beats Q3 earnings, misses on revenue

Lockheed Martin's Q3 earnings surpassed expectations, but revenue fell short. The company raised its 2024 EPS and revenue guidance, with mixed stock market outcomes.