Castelion, a two-year-old startup focused on rapidly developing and mass-producing hypersonic weapons, has raised $100 million in new capital to increase its workforce and production capabilities, and speed testing of […] ...

Israel’s success last fall in knocking out Iranian air defenses, in large part with the Lockheed Martin [LMT]-built F-35 fighter, showcases why the fifth-generation aircraft is necessary amid concerns that […] ...

Powered by its Aerospace segment, General Dynamics [GD] on Wednesday reported strong fourth quarter results to end a similarly robust 2024. The only blemish in the quarter’s numbers was a […] ...

Wednesday, January 29, 2025 • 67th Year • Volume 305 • No. 16 Charges On Classified Programs Dampen Lockheed Martin’s Fourth Quarter; Taiclet Supports DOGE Charges on two classified contracts […] ...

Boeing [BA] continues to grapple with challenges in troubled government programs it won bidding on fixed-price development contracts and while there is no simple fix progress is being made and […] ...

Charges on two classified contracts drove net income down at Lockheed Martin [LMT] in the fourth quarter and all of 2024, the company reported on Tuesday. The contracts lopped $1.5 […] ...