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Lockheed Martin CEO says $1.4 billion in contract modifications will speed Conventional Prompt Strike as new hypersonic glide body advances

Lockheed Martin CEO says $1.4 billion in contract modifications will speed Conventional Prompt Strike as new hypersonic glide body advances

Lockheed Martin is accelerating development and demonstration of the Conventional Prompt Strike hypersonic weapon after a series of successful flight tests, Chief Executive Jim Taiclet said.

August 8, 2026
Rheinmetall CEO says GMF 140 frigate can integrate Aegis and CMS 330 through Lockheed Martin cooperation amid global customer talks

Rheinmetall CEO says GMF 140 frigate can integrate Aegis and CMS 330 through Lockheed Martin cooperation amid global customer talks

Rheinmetall is in talks with several potential customers for its new GMF 140 frigate, a 140-metre warship designed for air defence, ballistic-missile defence and anti-submarine operations.

August 7, 2026
Rheinmetall CEO says German ATACMS production could start in late 2027, freeing Lockheed Martin capacity for new PrSM line

Rheinmetall CEO says German ATACMS production could start in late 2027, freeing Lockheed Martin capacity for new PrSM line

Rheinmetall expects to build the required production line next year and begin manufacturing ATACMS Lot 8 in late 2027.

August 7, 2026
Lockheed Martin plans to invest up to $9 billion at more than 20 facilities across the United States to expand production of key missile systems

Lockheed Martin plans to invest up to $9 billion at more than 20 facilities across the United States to expand production of key missile systems

Lockheed Martin received a seven-year undefinitized contract action modification in July for up to $53.86 billion in PAC-3 MSE interceptors.

August 6, 2026
Australia to order AIM-260 JATM in nearly $736 million deal, becoming first country outside U.S. to operate new long-range missile

Australia to order AIM-260 JATM in nearly $736 million deal, becoming first country outside U.S. to operate new long-range missile

Australia will invest almost $736 million to acquire AIM-260 Joint Advanced Tactical Missiles from the United States.

August 6, 2026
Lockheed Martin and U.S. Navy test AI submarine-hunting system on MH-60R helicopters to accelerate undersea threat detection

Lockheed Martin and U.S. Navy test AI submarine-hunting system on MH-60R helicopters to accelerate undersea threat detection

Lockheed Martin and the U.S. Navy demonstrated a rapidly retrainable artificial intelligence sonar system during RIMPAC 2026.

August 5, 2026
Lockheed Martin CEO says company pre-funded Grizzly and MORFIUS counter-drone systems, seeks 1,000 units of each for U.S. and export markets

Lockheed Martin CEO says company pre-funded Grizzly and MORFIUS counter-drone systems, seeks 1,000 units of each for U.S. and export markets

Lockheed Martin Chief Executive Jim Taiclet directed company teams to build 1,000 Grizzly and 1,000 MORFIUS counter-drone systems.

August 5, 2026
Lockheed Martin completes second stage motor case burst test for Next Generation Interceptor ahead of critical design review

Lockheed Martin completes second stage motor case burst test for Next Generation Interceptor ahead of critical design review

Lockheed Martin has completed a burst test of the Next Generation Interceptor’s second-stage motor case.

August 4, 2026
Lockheed Martin Skunk Works completes 27 AI-controlled fighter intercepts using live sensor data aboard X-62 test aircraft

Lockheed Martin Skunk Works completes 27 AI-controlled fighter intercepts using live sensor data aboard X-62 test aircraft

Lockheed Martin Skunk Works and the U.S. Air Force Test Pilot School completed 27 AI-controlled fighter intercepts during eight X-62 flights.

August 4, 2026
Lockheed Martin CEO says billions in factories, AI and allied production will accelerate missile output across key defense programs worldwide

Lockheed Martin CEO says billions in factories, AI and allied production will accelerate missile output across key defense programs worldwide

Lockheed Martin is investing billions of dollars in factories, automation and international production capacity, Chief Executive Jim Taiclet said.

August 4, 2026
Lockheed Martin CEO says ATACMS production could move to Germany, opening Arkansas capacity for faster PrSM missile output

Lockheed Martin CEO says ATACMS production could move to Germany, opening Arkansas capacity for faster PrSM missile output

Lockheed Martin is working with Rheinmetall to move ATACMS production capacity to Germany, Chief Executive Jim Taiclet said.

August 2, 2026
Lockheed Martin wins $107.3 million contract to upgrade VH-92A Patriot presidential helicopter fleet with new rotor blades

Lockheed Martin wins $107.3 million contract to upgrade VH-92A Patriot presidential helicopter fleet with new rotor blades

The U.S. Department of War awarded Lockheed Martin a $107.3 million contract to modify the VH-92A Patriot presidential helicopter fleet.

August 1, 2026
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