Turkey will hold more talks with Lockheed to resolve a price dispute over new multibillion-dollar F-16 fighter jet orders https://t.co/8W9dcCSgfp ...

Every quarter that I recap balances from the defense sector, I realize that, in my opinion, the new American industrial cycle is not arising from Silicon ValleyI’m an economist and independent investor based in Argentina, currently a Ph.D. candidate in Economics at UCEMA. My research and writing connect macroeconomic context with company-level valuation to identify long-term opportunities. Being based in Argentina gives me an inside perspective on one of the most complex yet dynamic markets in the world, al ...

Recent data indicate that major defense exchange-traded funds (ETFs) experienced a decline at the start of November 2025. For instance, the SPDR S&P Aerospace & Defense ETF ((XAR) slipped approximately 2.6%, while the iShares U.S. Aerospace & Defense ETF ((ITA) experienced a drop of 1.9% over the two consecutive trading sessions.While this dip reflects some underlying concerns prevailing among defense investors, this momentary pullback could be an ideal time for long-term investors to establish or increase ...

Lockheed Martin Corporation (NYSE:LMT) is among the top 8 defense stocks based on ChatGPT’s advice. On October 29, the company announced a strategic collaboration with Google Public Sector to integrate generative AI into the defense contractor’s AI factories. Lockheed Martin Corporation (LMT) and Google Public Sector to Collaborate on Gen AI for National Security Jordan Tan / Shutterstock.com According to the company’s press release, advanced AI tools from Google will be integrated across both its in-ho ...

【环球网报道 记者 李梓瑜】据路透社当地时间4日独家报道，两名知情人士透露，美国政府正考虑向沙特阿拉伯出售多达48架F-35隐形战斗机。这笔交易若 达成，将标志着一次"重大的政策转变"，可能改变中东地区军事力量平衡，并考验美国对"保持以色列军事质量优势"这一概念的界定。 报道继续说，两名美国官员承认这笔武器交易正按流程推进，但尚未作出最终决定。一名匿名官员透露，美国国防部政策部门就这笔潜在交易开展了数月工 作，目前已推进至国防部部长层级审议阶段。 路透社表示，美国国防部、白宫和国务院暂未就上述消息作出回应。洛克希德·马丁公司一名发言人表示，军售属于政府间交易，此事宜由华盛顿方面处 理。 路透社提到，美国在权衡对中东地区的武器销售时，始终以确保以色列保持"军事质量优势"为准则，保证以色列比阿拉伯国家获得更多先进的美国武器。以 色列已装备F-35战机近十年，并组建多个中队，目前仍是中东地区唯一拥有该武器系统的国家。 报道援引知情人士消息称，沙特今年早些时候曾直接向美方提出相关购买请求，并且长期以来也一直对美国洛克希德·马丁公司生产的这款战机感兴趣。一 名知情人士和一名美国官员表示，美国国防部正在权衡这笔交易的可能 ...

Subscribers to Chart of the Week received this commentary on Sunday, November 2. We’re more than halfway through earnings season, yet there’s only one sector out there that’s wrapped up its quarterly reports. Large cap defense contractors have stepped in and out of the earnings confessional, and the results – and long-term conclusions -- are worth unpacking. Remember the two B’s when talking defense stocks: backlogs and budget. Backlogs signal future revenue potential and long-term stability. Think of it li ...

Core Viewpoint - Lockheed Martin is working to expedite the delayed deliveries of new F-16Vs to Taiwan due to supply chain issues affecting the program [1] Group 1 - Lockheed Martin acknowledged that the delivery schedule for F-16Vs to Taiwan has been pushed back [1] - The delays are attributed to ongoing supply chain challenges [1]

Core Insights - Pure-play defense companies have been facing challenging margin conditions, yet recent results from leading defense contractors suggest potential improvement [1][5] - Lockheed Martin, GE Aerospace, and RTX have raised their full-year guidance, indicating a possible turnaround in the defense industry [2][10] Industry Performance - Despite a conducive end-market environment for revenue growth, leading defense contractors have underperformed the market, with RTX being the only notable outperformer due to its commercial aerospace exposure [2][3] - NATO's commitment to increase defense spending to 5% of GDP by 2035, with a minimum of 3.5% annually until then, highlights the potential for increased revenue in the defense sector [2] Margin Challenges - Defense companies are experiencing stagnating or declining margins due to two main issues: supply chain crises stemming from COVID-19 and inflation affecting defense products [5][7] - Ongoing margin pressure is exacerbated by fixed-price development programs and a tougher negotiating stance from the U.S. government, the industry's primary client [7][16] Company-Specific Developments - Lockheed Martin increased its sales guidance midpoint by $250 million to $74.5 billion and operating profit by $50 million to $6.7 billion [11] - GE Aerospace raised its revenue growth expectations to high single-digit growth and increased segment operating profit midpoint by $500 million to $1.25 billion [11] - RTX increased its adjusted operating profit guidance by $163 million to $3.15 billion, driven by higher-margin international deliveries [11][13] Management Insights - GE Aerospace attributed its guidance increase to improved deliveries and material availability [12] - Lockheed Martin's CEO acknowledged the challenges in predicting risks associated with fixed-price development programs [12] - RTX management highlighted the increase in orders for core Raytheon products that can be delivered at higher margins [13] Investment Implications - While there are signs of recovery, the pressures on defense stocks may not have fully abated, suggesting a cautious approach for investors [15] - Companies like GE Aerospace, RTX, and Boeing may offer better exposure to the industry compared to pure-play defense companies [15]

Core Insights - Lockheed Martin is investing $50 million in Saildrone, a sea drone manufacturer, to enhance its surveillance drones with missile capabilities [1] Company Summary - The investment marks the first instance where long-distance autonomous ships will be equipped to carry missiles [1]

Core Points - The X-59 experimental quiet supersonic aircraft has successfully completed its first flight, marking a significant milestone in aerospace innovation [3] - The aircraft is designed to cruise at a speed of 1.4 Mach, with a unique shape and noise reduction features aimed at minimizing sonic booms [3] - The development and testing of the X-59 are expected to pave the way for a new generation of supersonic aircraft capable of transporting passengers and cargo at twice the speed of current commercial jets [3] Summary by Sections - **Aircraft Specifications** - The X-59 measures approximately 30 meters in length and has a wingspan of about 9 meters [3] - It is designed to achieve a cruising speed of 1.4 times the speed of sound [3] - **Flight Details** - The aircraft took off from Lockheed Martin's facility in Palmdale, California, and landed near NASA's Armstrong Flight Research Center in Edwards, California [3] - The flight was conducted as planned, validating the aircraft's initial flight characteristics and atmospheric data performance [3] - **Industry Impact** - The X-59 aims to address the primary barrier to supersonic commercial flight over land, which is noise pollution [3] - NASA's acting administrator highlighted that the X-59 showcases the vitality of American aviation innovation and could transform future flying experiences for the public [3]