Lockheed Martin

Industrials

Thiel, Andreessen-backed Defense Startup Promises Cheap Missiles as US Rebuilds Arsenal

Photo via Covenant

Covenant says its factories will be capable of producing 1,000 missiles each next year, with the goal of scaling up to 5,000 missiles a year.

1 min read

Photo via IMAGO/dts Nachrichtenagentur/Newscom

Industrials

GE Aerospace Makes $12B Play in Clogged Market for Cast Metal Parts

For GE Aerospace the acquisition represents a critical chance to it expand its own production capacity amid booming demand.

2 min read
Photo via Jaap Arriens/Sipa USA/Newscom

Industrials

Lockheed Poised to Benefit as EU Approves Ukraine’s Purchase of Patriot Missiles

Lockheed Martin has been benefiting from missile demand as Western countries look to refill their missile stockpiles and build their arsenals.

2 min read
Photo via Lev Radin/ZUMAPRESS/Newscom

Industrials

Defense Contractors Amass Record Backlogs as Military Spending Ramps Up

The Trump administration has asked for a 44% increase in military spending in 2027, bringing the Pentagon budget near $1.5 trillion.

2 min read

Industrials

Electric Aircraft Outshine Boeing, Airbus Deals as Farnborough Air Show Kicks Off

Photo via Anduril Industries

Air taxi firm Archer unveiled a hybrid-electric eVTOL jointly developed with buzzy defense startup Anduril for commercial and military use.

2 min read

Industrials

Artemis II Heads to Moon as SpaceX, Rivals Build Lunarconomy

Photo via JOE MARINO/UPI/Newscom

NASA is teaming up with a host of private companies to build a lunar economy ready to welcome humans to the moon’s inhospitable surface.

2 min read

Industries

Defense Darling Anduril Grapples with Military Tech Glitches

Photo via Pedro Fiuza/ZUMA Press/Newscom

Anduril was last valued at $30 billion in June, when its $2.5 billion fundraising round was oversubscribed eight times.

2 min read

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