A 14th country recently ordered two new-generation S-92A+ aircraft for head-of-state transport. Sikorsky is now building the first lot of five A+ aircraft

Sikorsky prepares production of new S-92A+ helicopters

Sikorsky, a Lockheed Martin company, is preparing to produce the first batch of S-92A+ helicopters, the latest variant of its flagship heavy-lift commercial aircraft. The new A+ model will be manufactured and assembled at the company’s facilities in Stratford and Owego, New York, for a new head-of-state transport customer, with additional orders anticipated from government […]

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Lockheed Martin to deliver advanced C-130J training devices

Lockheed Martin to deliver C-130J training systems to RAAF

Military & Defense

Lockheed Martin has been awarded a Foreign Military Sales (FMS) contract through Wright-Patterson Air Force Base to supply C-130J training devices and upgrades to the Royal Australian Air Force (RAAF). Deliveries are scheduled to commence in 2029 and will include two Weapon Systems Trainers, an Enhanced Integrated Cockpit Systems Trainer (EICS), a Loadmaster Part-Task Trainer,

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WLFC reported total revenue of US$730.2 m in 2025 up 28.3% © Shutterstock

Lockheed Martin’s US$179 billion backlog powers new phase of growth

Financial

Lockheed Martin has reported a robust third quarter for 2025, with sales reaching US$18.6 billion, up from US$17.1 billion a year earlier. Net earnings remained steady at US$1.6 billion, or US$6.95 per share, slightly higher than the US$6.80 per share recorded in the same period of 2024. Cash from operations rose sharply to US$3.7 billion,

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Lockheed Martin demonstrates the realistic training environment and mission capabilities of the F-16 Block 70 full mission simulator © Lockheed Martin

Lockheed Martin to upgrade South Korea’s F-16 flight simulators

Military & Defense

Lockheed Martin has announced a major upgrade to the Republic of Korea Air Force’s (ROKAF) F-16 Block 52 flight simulators. The modernisation reflects the advanced capabilities of the upgraded F-16 Viper (F-16V) aircraft and will provide highly realistic simulated environments to help pilots train as they fly. “Maximum accuracy and realism in ground-based flight training

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Sikorsky awarded contract to modernise Black Hawk helicopters

Military & Defense

Sikorsky, a Lockheed Martin company, has secured a new U.S. Army contract worth US$43 million. The contract focuses on modernising the Black Hawk helicopter. Initial efforts will enhance the airframe and develop a digital backbone. This digital system will support rapid integration of unmanned aerial systems (UASs) and other launched effects. The work also includes

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Nick Smythe of Lockheed Martin (l) presents an F-16 model to Deputy Prime Minister and Minister of National Defence Władysław Kosiniak-Kamysz (r)

Poland to upgrade entire F-16 fleet to advanced Viper standard

Military & Defense

Poland’s Ministry of National Defence has finalised an agreement with the United States to carry out a major modernisation of its fleet of 48 F-16 Block 52+ fighter jets, bringing them up to the advanced F-16 Viper (F-16V) configuration. The deal, set out in a letter of offer and acceptance, will see Lockheed Martin act

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Lockheed Martin reports lower profits and cash flow in Q2 2025

Financial

Lockheed Martin Corporation has reported second quarter 2025 sales of US$18.2 billion, compared to US$18.1 billion for the same period in 2024. Net earnings for the quarter stood at US$342 million, or US$1.46 per share, which included US$1.6 billion in programme losses and US$169 million in other charges. This is significantly lower than the US$1.6

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Boeing names Jesus “Jay” Malave new CFO as Brian West transitions to senior advisory role

People

Boeing has announced the appointment of Jesus “Jay” Malave as its new Executive Vice President and Chief Financial Officer, effective August 15. Malave will take over from Brian West, who will transition to the role of senior advisor to Boeing President and CEO Kelly Ortberg. With an extensive background in aerospace and manufacturing finance, Malave’s

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The Bulgarian Ministry of Defence has taken delivery of its first F-16 Block 70 jet

Bulgaria takes delivery of first F-16 Block 70 fighter jet

MRO & Production

Lockheed Martin and the Bulgarian Ministry of Defence have officially celebrated the arrival of Bulgaria’s first F-16 Block 70 fighter jet, marking the start of a new chapter in the nation’s air defence capabilities. The ceremony, held on Sunday, symbolised not only the delivery of a new aircraft but also a strategic advancement in Bulgaria’s

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The first of 16 F-16 Block 70 jets has been handed over to Bulgaria © Lockheed Martin

Bulgaria receives first F-16 Block 70 in Air Force modernisation effort

Military & Defense

Lockheed Martin has officially delivered the first F-16 Block 70 fighter jet to Bulgaria, marking a significant milestone in the nation’s ongoing initiative to modernise its Air Force. The handover was celebrated in a formal ceremony last Friday, January 31, in Greenville, South Carolina, where the aircraft is manufactured. The event was attended by Bulgaria’s

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Sikorsky prepares production of new S-92A+ helicopters

Lockheed Martin to deliver C-130J training systems to RAAF

Lockheed Martin’s US$179 billion backlog powers new phase of growth

Lockheed Martin to upgrade South Korea’s F-16 flight simulators

Sikorsky awarded contract to modernise Black Hawk helicopters

Poland to upgrade entire F-16 fleet to advanced Viper standard

Lockheed Martin reports lower profits and cash flow in Q2 2025

Boeing names Jesus “Jay” Malave new CFO as Brian West transitions to senior advisory role

Bulgaria takes delivery of first F-16 Block 70 fighter jet

Bulgaria receives first F-16 Block 70 in Air Force modernisation effort

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