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Australia's Sunrise Energy signs five-year scandium option with Lockheed Martin, shares jump
Reuters· 2025-10-23 23:46
Core Insights - Australia's Sunrise Energy Metals has granted Lockheed Martin an option to purchase up to 15 tonnes of scandium oxide over a five-year period [1] Company Summary - Sunrise Energy Metals is focusing on the production of scandium oxide, which is a critical material for various applications, including defense [1] - Lockheed Martin, a U.S. defense contractor, is interested in securing a supply of scandium oxide, indicating potential demand in the defense sector [1]
Lockheed Martin targets European market for Thaad missile defence
Reuters· 2025-09-26 12:43
Core Viewpoint - U.S. defense contractor Lockheed Martin is actively pursuing opportunities to sell its Thaad missile defense system to European nations as military spending increases in response to Russian threats [1] Group 1: Company Actions - Lockheed Martin is targeting European buyers for its Thaad missile defense system [1] - The company has communicated its intentions to the German newspaper Handelsblatt [1] Group 2: Industry Context - European governments are accelerating military spending due to perceived threats from Russia [1]