Lockheed Martin Awarded Over $3 Billion in Govt Contracts in Just Two Days, As Military Frets About Russian, Chinese Advances

Concern about new Russian and Chinese hypersonic missile systems is not merely related to fears that the U.S. rivals will “outshine” in terms of technological superiority.

Whitney Webb
By Whitney Webb
Ground crew members make the final checks to the X-51A Waverider scramjet -51 hypersonic before the Waverider's June 13 flight test. U.S. Air Force | Boeing

WASHINGTON -- The U.S. Air Force announced within the span of two days earlier this week that it had awarded over $3.3 billion in contracts to U.S. weapons giant Lockheed Martin. The first of these contracts, totaling $480 million, was announced on Monday and tasked Lockheed with designing a new “hypersonic” missile. The new missile, known as the

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US Provided “Intelligence” and Bomb Used in Massacre of Yemeni Schoolchildren

The involvement of U.S. military intelligence in “fine-tuning” the targets of coalition airstrikes is likely the main factor explaining why the U.S. government has refused to condemn the strike and has refused to support an independent investigation into the atrocity.

Whitney Webb
By Whitney Webb
yemen

SANA’A, YEMEN -- Last Thursday’s horrific bombing of a bus full of school children in northern Yemen was carried out using a weapon sold to the Saudi Arabia-led coalition by the United States, photo evidence of the bomb site has revealed. The photos taken at the scene by Ahmed AbdulKareem for MintPress News and by other local journalists

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After Trump Pushed NATO Members to Spend More, Lockheed Doubles Production as Orders “Explode”

The precipitous increase in Lockheed missile sales comes after the launch of Trump’s “Buy American” weapons-selling initiative to foreign allies, as well as his efforts to rewrite U.S. policy and regulations in order to make it easier to export more military-grade weapons.

Whitney Webb
By Whitney Webb
patriot missiles

WASHINGTON – After a “very intense” summit with leaders of NATO member states earlier this week, U.S. President Trump has claimed that he has managed to secure commitments from the European leaders of NATO member countries that will see them increase their military spending. On Wednesday, Trump allegedly told NATO leaders that if they did not

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Lockheed Martin Opening Jerusalem Preschool for Israelis

“We could have set up a research institute on military aviation worldwide, but we went in the direction of [childhood] education because that’s what fires us up.” — Lockheed Martin

Emma Fiala
By Emma Fiala
f35 shipments to turkey

JERUSALEM -- American aerospace contractor and maker of the F-35 stealth fighter jet, Lockheed Martin, is opening a “one of a kind” science-focused preschool in Jerusalem, with plans to serve Israeli children as young as five, according to a press release from Jerusalem's municipality. In May of this year, an Israeli military official openly

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Thanks to Israel, F-35 Stealth Fighter Jets Get First Taste of Combat

An Israeli military official said Israel was the first regime in the world to have used the US-made F-35 stealth fighter jets in attack mode, claiming that the fighter jets have been twice used in the Middle East.

ZeroHedge.com
By ZeroHedge.com
f35 shipments to turkey

There is a running joke that while the US is the world's biggest maker and exporter of weapons, no other country uses military equipment and weapons as much as Israel. And, when it comes to state-of-the-art fighter jets, this is now officially the case: an Israeli military official said Israel was the first regime in the world to have used the

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Defense Contractors Saw $10 Billion Stock Boost Following Syria Airstrikes

War, who is it good for? Missile manufacturers, that’s who.

C.J. Atkins
By C.J. Atkins
Raytheon CEO Tom Kennedy, left, former Director of National Intelligence Dennis Blair, center, and Lockheed Martin CEO Marillyn Hewson wait for the arrival of President Donald Trump in the Diplomatic Reception Room of the White House, March 22, 2018. (AP/Evan Vucci)

Since President Trump announced that he intended to bomb Syria, the stock values of some of the country’s top weapons manufacturers have soared, adding a collective $10 billion in market capitalization values over the course of just one week. With Trump delivering on his promise this weekend, the rally on Wall Street continues. A barrage of 118

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