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The State Department notified Congress that it plans to sell Saudi Arabia up to 48 F-35 warplanes in a first-time sale that could be worth as much as $24.3 billion. The sale of the Lockheed Martin Corp. fighter jet to Saudi Arabia has been in the works for a number of years. President Donald Trump signaled in November the US would sell F-35s to the Kingdom, offering Crown Prince Mohammed bin Salman a prize he's long cherished, ahead of a visit to the White House that month. Meantime, the Pentagon and Lockheed Martin Corp. are moving to speed up the production of a new classified air-to-air missile for US Air Force and Navy jets that's seen as vital to deterring China. For more, we speak with Wayne Sanders, Senior Defense Research Analyst for Bloomberg Intelligence.

Investing.com -- The U.S. State Department has approved a possible $24.3 billion foreign military sale to Saudi Arabia that would include 48 F-35 Lightning II fighter jets, strengthening Riyadh's air capabilities and interoperability with U.S. and allied forces.

The U.S. State Department has formally notified Congress of its intent to sell up to 48 F-35 stealth fighters to Saudi Arabia.

Barra expects $700 million of defense revenue this year at double-digit margins

Lockheed Martin’s CEO said the weapons maker was running ahead of schedule on its plan to more than triple production of sorely needed Patriot missiles. The massive orders will change the share of revenue that the company generates from missile sales, Taiclet said Thursday.

General Motors has delivered its first components for Lockheed Martin interceptor missiles as the defense contractor boosts production to rebuild US stocks in the middle of the Iran war and to meet international demand, Lockheed said Thursday."This extraordinary 22‑day turnaround underscores Lockheed Martin's relentless focus on execution -- delivering for our troops faster, with greater capacity," said Tim Cahill, president of Lockheed Martin Missiles and Fire Control.

Lockheed Martin (NYSE:LMT) Chief Executive Officer Jim Taiclet outlined the defense contractor’s strategy to combine high-end weapons platforms with lower-cost autonomous and counter-drone systems, positioning the company as a “mission integrator” rather than solely a maker of individual defense pro

The AIM-260 is an air-dominance missile with greater range and effectiveness than existing air-to-air weapons, and is compatible with multiple Air Force and Navy aircraft, including the F-22 Raptor and F-35 Lightning II.

GM has started making Patriot missile parts for Lockheed Martin as the Pentagon seeks to restock its inventory.

On this episode of Stock Movers: - Generac (GNRC) shares are jumping after the company and Amazon execute a long-term supply agreement, with initial deliveries of backup generators expected to total $2.4b in 2027, 2028. - CoreWeave (CRWV) is the most actively traded stock in the premarket as it kicked off a fresh round of fundraising that includes a $3 billion convertible bond issue and a vehicle for potential share sales. - Lockheed Martin (LMT) shares are moving on news the Pentagon and Lockheed Martin have struck a framework agreement for a multi-year production contract for the Joint Advanced Tactical Missile, or JATM.

GM and Lockheed Martin first said in June that they were engaged in 'collaboration discussions' about working together.

The Detroit automaker’s partnership with Lockheed Martin is a potential lift to America’s munitions supplies depleted by the conflicts in Ukraine and the Middle East.

L3Harris Technologies (LHX) just secured a US$4.7b undefinitized contract from Lockheed Martin to supply propulsion systems for PAC-3 MSE interceptors over seven years, extending an already deep missile partnership. L3Harris Technologies’ latest contract win lands after a tough stretch for the ticker, with the 30-day share price return down 9.93% and the 90-day move down 14.95%. Even though the 3-year total shareholder return of 52.08% still points to a much stronger longer-run outcome, the...

Alluvium Asset Management, an asset management company, released its “Conventum – Alluvium Global Fund” second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined […]

UBS Picks 10 Industrial Winners as Capital Spending Moves Beyond AI

GE Aerospace (GE) has more engine work booked than it can currently perform, and that visibility is much of why people own the shares. The option chain does not treat the stock as settled. At about $307, contracts running twelve months out carry a band from near $216.93 to near $434.6, with roughly a two-in-three chance the stock finishes inside it.

The Pentagon just confirmed on-orbit space weapons, and SpaceX sits at the center of a multibillion-dollar architecture that transforms that announcement into hard contracts. Here is what the move means for the stock and the sector names getting pulled along with it.

Defense contractors sell to a customer whose budget is written into law years in advance, and that single fact changes everything about how their dividends behave. Five names are quietly turning trillion-dollar Pentagon commitments into income streams most investors overlook.

LDOS' $875M Navy contract extension expands its defense IT role, supports 650,000+ personnel and adds revenue visibility amid network modernization.

Rocket Lab (RKLB) stock has traded between $39.48 and $150.23 over the past 52 weeks. It now sits about 58% below its 52-week high, and anyone who bought twelve months ago is still up about 19%. None of that tells you what you would be buying today. Rocket Lab sells two quite different things, and the one its name points at is the smaller of them.

On Monday, the U.S. Space Force confirmed the existence of space-based weapons, though what exactly is in space is classified. The news represents a milestone in military technology. Space is the new strategic high ground.

Boeing (BA) grew revenue faster over the past twelve months than any of its aerospace and defense peers, GE Aerospace included, and its stock still fell. It is also the only one in that group running an operating loss. The growth has come with rising airplane deliveries, and the market is waiting to see whether those airplanes earn a margin.

GE Aerospace (GE) trades near $318, up 13.4% over the past twelve months. Behind that price sits a commercial services backlog of roughly $170 billion, work on engines already flying. The easy read is that the good news is in the price, and the coming three years just work that backlog off. A three-year scenario on the company's own numbers puts a size on what is left.

Star Wars is no longer science fiction. On Monday, the U.S. Space Force confirmed the existence of space-based weapons, though what is in space is classified. The Pentagon didn’t immediately respond to a request for comment.

BA's KC-46 contract ceiling jumps to $19.1B, expanding foreign sales and strengthening long-term defense revenue visibility through 2035.

LightPath Technologies posted 73% YOY revenue growth and a swelling backlog as it pivots to defense optics, earning a Moderate Buy consensus despite wider net losses.

Lockheed (LMT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investing.com -- A potential ban on Bombardier aircraft sales in the United States could hit the Canadian jet maker’s largest market and disrupt an aerospace supply chain spanning thousands of U.S. companies, BofA analysts said.

One orbits the Earth, the other aims to transform urban commutes, but their paths to profitability diverge sharply on cash burn and regulatory risk.

Two partnerships. Two industries. One company quietly expanding its reach in ways investors should notice.