Lockheed Martin is pivoting to upgrade the F-35 after losing major sixth-generation fighter jet contracts. It promises near-NGAD capabilities at half the cost.

Electra has closed a $115 million Series B funding round led by Prysm Capital to continue the development of its ...

The investment round was led by Prysm Capital and with the move to pre-production, Electra is another step closer to ...

Listen to this article Manassas-based aviation startup Electra.aero announced Monday it has secured $115 million in Series B funding to enter pre-production and certification phase of its EL9 model, a ...

Hybrid-electric aircraft developer Electra has secured another $115 million to help fund development of the EL9 regional ...

Lockheed Martin recorded a 4 percent year-over-year increase in fiscal 2025 first-quarter sales to $18 billion, a total backlog of $173 billion and Q1 net earnings of $1.7 billion, or $7.28 per share.

Expectations were low for Lockheed Martin (NYSE: LMT) heading into earnings season, but the company's results turned out better than some had expected. Shares of Lockheed opened down nearly 4% but ...

Poland’s first F-35A Lighting II aircraft on display in Lockheed Martin’s coating facility in Fort Worth on August 28, 2024. Poland has ordered 32 F-35s. FortWorth Other major defense ...

The upgraded missile, often referred to as the Fleet Ballistic Missile, is called the Trident II (D5) Life Extension. Lockheed Martin has provided this critical proven deterrence capability for 70 ...