Lockheed Martin Corporation LMT recently secured a modification contract valued at $13.3 million for the production of Long-Range Anti-Ship Missile’s (LRASM) ninth lot. The award has been provided by ...

An F-35B touches down, likely at NAS Patuxent River, with an LRASM on the left wing. (Lockheed Martin) Lockheed Martin's AGM-158C Long-Range Anti-Ship Missile (LRASM) has made a captive-carry flight ...

Raytheon and Norway’s Kongsberg Defense & Aerospace have jointly protested the Defense Advanced Research Projects Agency’s (Darpa) plan to award Lockheed Martin a $175 million contract to complete the ...

Justifying its decision to award Lockheed Martin follow-on work on the Long-Range Anti-Ship Missile (Lrasm) without a competition, the Defense Advanced Research Projects Agency (Darpa) says changing ...

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

For years, rumors of China's new "carrier-killer" DF-21D Dong Feng missile have had U.S. military planners in a tizzy. Believed to have an effective range of as much as 1,200 miles -- miles the ...

The new Common Multi-Mission Truck, or CMMT, will cost a relatively humble $150,000 per unit. Lockheed Martin is testing a new, “cheap” cruise missile to complement the company’s existing “expensive” ...

Geopolitical instability worldwide has been driving the growth of defense giants like Boeing (BA) and Lockheed Martin (LMT).