American defense and aerospace manufacturer; formed in 1995 from Lockheed and Martin Marietta merger
Big tech has invested heavily in generative AI and agent tools in 2026, and companies have announced and carried out substantial job cuts while redeploying resources into AI platforms. Researchers and experiments show agents can complete some office tasks but fail on nuanced judgement and UI navigation. Workers are reporting burnout and firms are facing threats and higher security costs.
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.
Recent reporting has shown the Iran war has significantly drained US missile and interceptor stockpiles, forcing the Pentagon to reallocate munitions from other regions and ask Congress for emergency funding. At the same time, militaries are increasing investment in low-cost drones, counter-drone systems and battlefield robots — including Ukrainian systems and US-funded autonomous drone programs.
Peru has been shifting its military procurement amid political instability. The government has signed a $2 billion deal for F-16 fighter jets without President Balcázar’s approval. Defense and Foreign Ministers have resigned, citing disagreements over the deal, which is part of Peru’s effort to modernize its air force amidst ongoing political upheaval.
Golden Dome's space-based interceptors are advancing with 12 awardees under OTA deals totaling up to $3.2 billion. Space Force officials claim initial capability by 2028, while critics warn on affordability and scale. The plan includes Space-Based Interceptors, ground systems, and AI integration; analysts debate price tags said to run into trillions.
Israel has approved a plan to acquire a fourth F-35I squadron from Lockheed Martin and a second F-15IA squadron from Boeing, in a multi-billion-shekel deal. The move is framed as strengthening long-term air superiority and readiness amid ongoing regional tensions and the Iran crisis.
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).
CSIS warns depleted inventories of key munitions used in the Iran war have created a multi-year window of vulnerability. Replenishment will take years due to production limits and lead times, even as US officials promise combat readiness.
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, on its export control list and has barred Chinese government procurement from 46 US firms. Beijing has said the moves respond to a recent Pentagon blacklist of Chinese companies and has ordered immediate suspension of Chinese-origin dual‑use exports to the named firms.
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 United States has intensified strikes against Iran, prompting warnings that depleted munitions stocks could constrain a prolonged conflict. Dozens of targets have been hit, with officials warning rebuilding will take years. Defense contractors are urged to accelerate production as a Pennsylvania summit highlights vulnerabilities in the defense industrial base.
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.