That's a problem for the U.S. and allied militaries, though, and for defense companies like Lockheed Martin ( LMT -0.36%) and ...
WASHINGTON — Top U.S. defense contractors Lockheed Martin and General Dynamics announced a strategic partnership to produce solid rocket motors, aiming to address critical supply chain shortages ...
Lockheed Martin and General Dynamics plan to build their own rocket motors, seeking to tackle a lingering shortage that has affected Ukraine’s defenses and U.S. efforts to deter China.
The stock has been a big winner this year, rallying more than 25% to a record high amid a string of better-than-expected ...
The companies said General Dynamics will start production in 2025 at its facility in Arkansas of thousands of solid rocket ...
Aug 13 (Reuters) - Lockheed Martin said on Tuesday it had signed an agreement with peer General Dynamics to build solid rocket motors, which propel missiles, amid surging demand driven by ...
Lockheed Martin, the world's largest defense company by sales, and General Dynamics have partnered to build rocket motors, creating additional jobs in Camden. The collaboration, announced on ...
General Dynamics will do the actual manufacturing at its Camden, Arkansas, munitions factory and then ship them next door to Lockheed Martin's Guided Multiple Launch Rocket System (GMLRS ...
Photo: Oleksii Samsonov/Global Images Ukraine via Getty Images The companies said Tuesday that General Dynamics will start ... produce thousands of solid rocket motors a year, exclusively for ...
Lockheed Martin (NYSE:LMT) and General Dynamics (NYSE:GD) unveiled an agreement Tuesday to produce solid rocket motors, as the two defense heavyweights seek to pool resources for increasing output ...