American defense and aerospace giant shaped by a 1995 merger of Lockheed and Martin Marietta
U.S. officials have signalled a plan to reduce the pool of military capabilities available to NATO, cutting strategic bombers, some fighter deployments, naval assets and withholding certain drones, while senior U.S. diplomats are touring India to repair trade and energy ties and press Quad cooperation (as of 09 Jun 2026).
A wave of space-based data-center startups and defense-aligned ventures are racing to deploy orbital computing. Companies plan test satellites, funding rounds, and government programs to scale AI workloads in orbit, while observers caution about the cost, heat management, and regulatory hurdles.
Taiwan is expanding its anti-ship missile stockpile and modernising its forces to deter a potential Chinese invasion. The plan includes Harpoon and Hsiung Feng missiles, greater mobility, and longer-range options to create a defendable sea corridor and threaten invading fleets.
A B-52 Stratofortress has crashed shortly after takeoff from Edwards Air Force Base on Monday, killing all eight people aboard. The aircraft was on a routine test mission supporting a radar modernization program. Military officials have opened an investigation that could take up to six months.
NATO and allied nations are accelerating development and deployment of cheaper, scalable defenses in response to drone threats and rapid battlefield innovation. Ukraine’s front-line feedback is driving faster iteration, with manufacturers delivering updates within days or weeks as the war reshapes planning for 2030-era air defense.
A review of internal documents shows the White House ballroom project has a rising price tag, with private donations expected to cover most of the cost while public funds support security upgrades. Officials acknowledge escalating figures and ongoing disputes over funding sources.
China has placed 10 US companies, including rare‑earth producers MP Materials and USA Rare Earth and several drone makers, on its export control list, barring Chinese companies from selling dual‑use items to them. Beijing has also excluded 46 US firms from government procurement, and has framed the moves as retaliation for a recent Pentagon blacklist of Chinese companies.
The White House has requested $87.6 billion in supplemental spending, primarily to replenish Pentagon munitions and operational costs tied to the Iran war, and to fund farm aid, Ebola response and domestic projects. OMB Director Russell Vought has urged Congress to act quickly; lawmakers in both parties are questioning whether to approve tens of billions more for the conflict.
Rocket Lab has announced plans to acquire Iridium in an $8 billion deal, aiming to merge launch, manufacturing and a global satellite network to broaden its space-services footprint. The transaction values Iridium at $54 per share and signals ongoing consolidation in the satellite industry as SpaceX broadens its own services.
Democratic Socialists of America-backed candidates have swept primaries in New York City and beyond, signaling a growing movement that now confronts rural areas and state legislatures.
The FAA has moved to replace its 1973 ban on overland supersonic flights with new, noise-based standards. Initial proposals could allow faster cross-country travel and reduce flight times, while NASA tests aim to refine how sonic booms are perceived. Final rules are targeted for mid-2027.
The United States has granted Ukraine a license to manufacture Patriot air-defence interceptors, addressing critical shortages but production will take months to years. Ukraine is pressing allies at NATO for faster and larger support amid ongoing Russian ballistic missile strikes that have damaged Kyiv and other cities.
NATO leaders reaffirm an Article 5 commitment while European defence spending rises. Trump criticises allies over Iran war and defence budgets, threatening trade measures and debates over Greenland. Ukraine receives new aid and weapons deals are announced, but unity appears fragile as divisions persist.
Trump has declared that Spain is a “wasted cause” and a “terrible partner in NATO,” calling for a cut to all trade and visits. At the NATO summit, he has also suggested the Iran ceasefire is over, while insisting the United States remains focused on NATO commitments.
NATO members pledge higher defence spending while President Trump sharpens demands on Greenland and Spain. Mark Rutte labels the alliance stronger, but others warn of lasting tensions as US pressure tests unity.
CNBC’s 2026 America’s Top States for Business quality-of-life rankings have drawn criticism from conservatives who say the methodology unfairly targets red states. Critics argue the list conflicts with population growth data and different state policy outcomes.
The US has intensified strikes against Iran as defense stocks remain depleted. A Pennsylvania defense summit highlights vulnerabilities in the supply chain, with officials urging faster production and greater resilience as regional conflicts escalate.
A US Navy Blue Angels flyover at Pensacola Beach has prompted a safety review after a low-altitude pass sent chairs and tents flying and drew mixed political and public reactions. Officials say the maneuver is under review and applicable safety standards are being reassessed.
NATO allies have announced more than $50 billion in new procurements and cross-border production deals, signaling a rapid buildup in military hardware and cooperation. The moves include drones, airborne warning aircraft, and a transatlantic push to expand European manufacturing capacity. Analysts say the money is real and the pace will accelerate, with continued questions about political turnout and legitimacy.
At Farnborough, Boeing’s Ghost Bat leads a pack of rival autonomous combat aircraft, with General Atomics, Anduril, and Lockheed Martin unveiling or showcasing models. The U.S. Air Force aims for a price well under $80 million per jet and expects hundreds of aircraft annually by the mid-2030s, as world powers invest in crewed-uncrewed teaming and next‑generation combat air power.
The National Defense Authorization Act has cleared the House with a 216-212 vote, boosting military spending and strengthening US-Israel defense cooperation. The measure now faces Senate scrutiny, with Democrats criticizing the price tag and war-related provisions while Republicans defend funding for readiness and security. The package also includes provisions tied to the SAVE America Act and election-related funding.
Since July 18 Ukraine has struck multiple Wildberries warehouses across Russia, causing fires, deaths and major stock losses. The campaign has put at least 1.5 million sq m of warehouse space out of operation, forced evacuations and pushed merchants toward bankruptcy. Wildberries and Russia are discussing compensation and possible state support.
Ukraine’s Volodymyr Zelensky and Israel’s Benjamin Netanyahu are in Washington for the funeral of Senator Lindsey Graham. They are seeking stronger defense cooperation with the United States as Kyiv presses for Patriot missile licences and co-production talks, while Iran’s role in the Middle East remains a focal point after a tense U.S.-Israel dynamic.
The Senate has advanced the Lindsey Graham sanctions bill, with bipartisan support and a high-profile backdrop including Zelenskyy’s Washington visit. The package targets Russia’s energy sector and its so-called “shadow fleet,” while expanding sanctions to Iran. House passage remains uncertain as August recess looms.
Ukraine seeks Patriot missile licenses to build interceptors domestically; Trump has suggested but not guaranteed licenses. Washington says discussions are ongoing as Kyiv faces ballistic-missile threats amid a broader war. Leadership on both sides is uncertain as the winter approaches.
Global stocks have rallied this month after officials reported progress in talks to reopen the Strait of Hormuz, and a string of strong corporate earnings has bolstered investor sentiment. Treasuries and oil prices have fallen as traders pare back expectations for near-term Fed hikes; strategists warn valuations and one-off earnings boosts limit further upside.
Japan has bolstered its military capabilities, prioritizing domestic drone development and long-range missiles as deterrence against China. Cabinet defence paper stresses speed, expanded arms production, and a shift toward homemade unmanned weapons to offset a shrinking workforce.
The United States is nearing depletion of long-range missiles, with ATACMS and PrSM stocks reportedly nearly exhausted. Officials warn this could constrain deterrence and affect future military options, even as production ramps up. White House and defense voices insist the arsenal remains formidable.
The FAA has opened a safety review after Marine One, carrying the president, has had a momentary loss of separation with a commercial regional jet departing Ronald Reagan Washington National Airport on Tuesday afternoon. Both aircraft have landed safely; the NTSB is gathering information and considering an investigation.
The White House is renovating its helipad amid questions over design choices and funding. New, more powerful Marine One helicopters have accelerated repairs, and President Trump has publicly linked the project to protecting the South Lawn. Reports indicate a seal was removed and contractors are reworking the site.
Zelenskyy has warned that air-defence shortages could worsen as Russia launches a wave of ballistic missiles and drones. Ukraine is relying on allies for Patriot interceptors, with talks about domestic production and European partnerships intensifying. At least 17 people have been killed across Kyiv and surrounding areas, while drones have been largely shot down.
The Pentagon has urged defense firms to dramatically speed up production to replenish reduced stockpiles amid ongoing tensions with Iran. Feinberg has called for plans within 21 days to boost capacity, signaling a push to rebuild the defense industrial base as Congress debates funding.
The United States has issued a conditional $400 million loan to Sunrise Energy Metals to develop the world’s first primary scandium mine in New South Wales, aiming to secure a domestic supply chain for a strategic mineral amid competition with China’s dominance.
Scientists have tested a wearable radiation-shielding vest in lunar mission data, showing it could reduce an astronaut’s exposure by about 60% during severe solar events, with significant implications for long-duration missions to the Moon or Mars.
The government has announced that White House renovations are funded with a mix of private donations, federal funds and other sources. The ballroom project is bolstering security upgrades, with estimates rising toward $600 million. Lawmakers are pushing for oversight and transparency while the administration asserts security needs drive the work.
The Lamerd strikes on Feb. 28, reportedly involving U.S. Lockheed Martin PrSMs, killed civilians as far as 50 meters from detonation and caused damage beyond that radius. Airwars has mapped the blast footprint and warns that the weapon’s midair explosion spreads thousands of metal pellets, risking civilian harm even when aimed at military targets. Officials differ on responsibility, while experts urge avoiding populated areas.
Overnight, Kyiv experiences a sixth straight day of Russian drone and missile strikes, killing at least eight in the city and surrounding areas. The air force says Russia has used ballistic missiles and 218 drones, amid a broader assault on civilian infrastructure. Ukraine seeks to bolster air defences ahead of winter.