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The UK is hosting the Farnborough International Air Show, a key gathering of leaders in the aerospace industry. Wes Streeting, the new UK Defence Secretary, has set aside billions for space capabilities.
DALLAS, July 21, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Venus Aerospace announced a joint technology development agreement to evaluate and mature Rotating Detonation Rocket Engine (RDRE) technology for future long-range precision fires applications, accelerating the transition of advanced propulsion from flight demonstration to operational capability. The collaboration combines Venus Aerospace's flight-tested propulsion technology with Lockheed Martin's expertise in developing, integrating and rapidly fielding advanced defense systems.
Balefire LLC decreased its holdings in Lockheed Martin Corporation (NYSE: LMT) by 39.8% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,504 shares of the aerospace company's stock after selling 993 shares during the quarter. Balefire LLC's holdings in Lockheed Martin
Lockheed Martin is introducing a new, cheaper Patriot missile. The PAC-3 ACE is meant to cost less than half the price of the regular $4.2 million PAC-3 MSE.
The Investment Committee debate the latest Calls of the Day.
Lockheed Martin (LMT), a prime contractor on the U.S. Army's Dark Eagle hypersonic missile program, is facing delivery delays as quality defects continue to aff
Major indexes, off more losses on Friday, are all down month to date thus far.
LMT heads into Q2 results with revenue growth expected, backed by a strong defense backlog, while margin recovery may take longer to materialize.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.