Add Yahoo as a preferred source to see more of our stories on Google. MONTGOMERY, Ala. (WIAT) — All eyes are on the skies in Alabama. That’s because Lockheed Martin was just awarded over $9 billion to ...

Lockheed Martin to invest $150M in its Pike County missile facility under a new Alabama incentive deal, adding new full-time jobs and reinforcing its long-term commitment to the local workforce.

Months after Pakistan used a Chinese-made ultra-long-range missile to shoot down Indian fighters, US Air Force and Navy funding requests show they may soon get their own advanced weapon after eight ...

-This new multiyear buying strategy is designed to give the defense industry the confidence to invest in expanding production capacity, a critical need exposed by the war in Ukraine. -However, despite ...

PORTSMOUTH, N.H.--(BUSINESS WIRE)-- Albany International Corp. (AIN) (NYSE: AIN) announced today that its subsidiary Albany Engineered Composites, Inc. (AEC) has been awarded multiyear contracts from ...

Lockheed Martin Corp. (NYSE:LMT) reported $1.8 billion in charges in the second quarter, led by a classified Aeronautics program and two Rotary and Mission Systems projects, prompting Bank of America ...

Geopolitical instability worldwide has been driving the growth of defense giants like Boeing (BA) and Lockheed Martin (LMT). The heightened tension, particularly the hostilities witnessed in parts of ...