The Trump administration has approved a $24.3 billion sale of 48 F-35 fighter jets to Saudi Arabia, along with engines and other parts. The deal comes as Iran-backed Houthis escalate attacks on Saudi Arabia and seek control of the strategically important Bab el-Mandeb Strait.
Lockheed Martin said on Thursday it received its first shipment of critical components from General Motors for Patriot interceptors, less than a month after the two companies inked a manufacturing agreement, as the Pentagon pushes for faster weapons production.
The US Department of State has approved the potential sale of Lockheed Martin's F-35 Lightning II Joint Strike Fighter aircraft to Saudi Arabia, it said on Thursday as the kingdom has been drawn deeper into the Middle East war.
Partnership underscores American manufacturing expertise DALLAS, Sept. 17, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced the first delivery of mission-critical components produced by GM Defense for the PAC-3 Missile Segment Enhancement (MSE) interceptor missile less than one month after a formal contract between the two companies was signed.
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.
Lockheed Martin unveiled on Thursday details of a next-generation air-to-air missile developed to counter threats from China and a new agreement with the Defense Department to boost production as the Pentagon rebuilds munitions stockpiles.
DALLAS, Sept. 17, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) signed a framework agreement with the U.S. Department of War to rapidly accelerate the production and delivery of the AIM-260, Joint Advanced Tactical Missile (JATM).
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