Company
Lockheed Martin is a major U.S. defense and aerospace contractor that builds military aircraft, missiles, radar systems, and spacecraft.
An unnamed foreign buyer is paying all $18.79 million of a Lockheed Martin F-35 variant modification due to finish in December 2030. One variant for one buyer is thin evidence for a platform-wide trend toward customization.
Reality
Airbus chief Guillaume Faury is understood to have written to the prime minister over the £2.4bn Skynet 6 contract, the Guardian reports. Lockheed Martin's rival bid includes a Durham factory that north-east politicians back.
Reality
US Army soldiers from Multi-Domain Command - Europe fired their first Tomahawk from the Typhon system, at China Lake in California last month. Business Insider calls it a step toward potentially bringing long-range strike capability to the European theater.
Reality
Lockheed Martin unveiled PAC-3 Edge, a Patriot-family interceptor it plans to test in 2027 and field in 2031, built on a new seeker. The design keeps the Army's existing launchers and battle-command system, so a crew would field new rounds inside hardware already in service.
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Raytheon has won a multiyear contract worth up to $6.3 billion to build and sustain SM-3 Block IB interceptors as the US restocks after combat use. The figure is a ceiling spread over as many as seven years, so how much the plants build depends on orders and factory output.
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UPS routed Australian F-35 stealth parts through ITAR-barred Hong Kong after an agent missed an email warning, according to two reports. A ban that simple can be enforced by the routing system, provided the export flag travels with the booking.
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SpaceX put Starship into orbit on its first orbital flight even after one of the upper stage's six Raptor engines shut down early. It sets up the orbital refuelling tests NASA's 2028 moon landing depends on, though those tests and an upper-stage catch are still ahead.
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Boeing won the Navy's $20 billion F/A-XX contract and now holds both US sixth-generation fighter programs. Investors have to judge whether a company still repairing its jetliner and space programs can build two new fighters on cost and on schedule.
Perspective Coverage
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Taiwan has received the first two of 66 F-16 Block 70 jets it ordered from the US in 2019 for $7.76 billion, after a six-week stop in Hawaii. The other 64 are due by the end of 2026, on a schedule that has already slipped.
Perspective Coverage
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South Korea's Hanwha Systems-built Cheongwang laser downed two of four drones at its public debut, at 10,000 to 20,000 won of electricity a shot. Its 30-kilowatt Block I is rated for small North Korean drones at two to three kilometres, a narrower job than the US and Chinese lasers it is measured against.
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Lockheed Martin handed over the first of Germany's 35 aircraft in Fort Worth on September 18. Pilot training starts in Arkansas this fall, and the program reaches full operational capability in 2029, a year before the Tornado nuclear mission has to transfer.
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Huntington Ingalls and EO Solutions received a $3.8 million agreement in June for a marinized counter-drone laser. A defense official told Laser Wars the money is likely for experimentation with a system that already exists.
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Two F-16s over Tucson flew Legion infrared pods wired together by a pre-production L3Harris link and combined their tracks to sharpen a range estimate. Lockheed Martin describes the effect as depth perception.
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The FLEX concept keeps the JASSM production line and detaches the nose cone and boat tail, in two lengths, with Lockheed saying customers will be able to add capabilities of their own. No buyer has been named.
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The SPICE 1000 has flown from Israeli F-15s and F-16s since 2017. Putting it on the F-35I means several months of joint work with Lockheed Martin in the United States before any other operator can field it.
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CAM Assist already runs in more than 1,000 machine shops, where a machinist checks its work before anything is cut. The new money funds Quote Agent, whose output nobody inspects until the invoice.
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The UK company has raised $128m in total and says more than 1,000 shops run CAM Assist inside their existing CAM software, though the round comes with no figure for how often a drafted strategy is approved unedited.
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AV's $464.8M award covers 26 thirty-kilowatt LOCUST X3 units over five years, and the requirement underneath it says a minute of full-power lasing buys up to four minutes of waiting before the next one.
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Three years of warnings without a single fine have taught New York employers what the statute is worth. The reprieve holds only while nobody outside the labor department is reading their job postings.
Reality
A 10.6% government stake in Project Crucible works out near $784m if it is pro rata against the build, and the report does not say whether that equity sits in the listed parent or the joint venture, which decides who votes.
Reality
Build · August 29, 2026 · Confirmed2 publishers