Lockheed Martin in the news as U.S. and allies push advanced fighters and missiles; big defense contractor formed from Lockheed-Martin merger in 1995.
The ROTOR Act, which would mandate aircraft ADS-B location systems to prevent midair collisions, has stalled in the House after Pentagon opposition and cost concerns, despite Senate support and continued advocacy from victims’ families and safety advocates.
Recent US and Israeli airstrikes have targeted Iran's aging military aircraft, destroying key assets including F-14 fighters, transport planes, and ground facilities. The strikes aim to weaken Iran's military capabilities amid ongoing regional tensions, with significant damage reported at key airbases in Iran and surrounding areas. The conflict continues to escalate today, March 12, 2026.
Global oil prices have surged after US and Israeli strikes on Iran, closing the Strait of Hormuz and disrupting tanker traffic; benchmark US crude has jumped more than 8% and Brent is up broadly. Stock markets from the US to Europe and Asia have fallen, airlines and travel firms are losing value, and energy and defence stocks are moving higher.
The US military has conducted missile strikes against Iran, marking a significant escalation in the ongoing conflict. The strikes involved the use of advanced missile systems, including PrSMs and Tomahawk cruise missiles, amid ongoing regional hostilities and recent regional attacks. The situation remains tense as the US asserts its deep strike capabilities.
Ukraine has been offering its battlefield-tested interceptor drones to the United States and Gulf partners to counter Iranian Shahed drones. Kyiv seeks high-end air-defense missiles in return, while Ukraine’s industry argues it can bolster global defenses without compromising its own needs.
A Colombian Air Force C-130 Hercules crashed shortly after takeoff from Puerto Leguizamo, resulting in at least one death and dozens injured. The aircraft was transporting troops, and the cause of the crash remains under investigation. The incident occurred near an urban area in the Amazon region.
On April 6, 2026, NASA's Artemis II mission flew four astronauts—three Americans and one Canadian—around the Moon, reaching within 4,067 miles of its surface. The crew captured high-resolution images, including Earthrise and a total solar eclipse, transmitted back to Earth via an optical link. The mission tests Orion spacecraft systems ahead of planned lunar landings and aims to establish a sustainable Moon presence.
The US and Israel have intensified military operations against Iran, including airstrikes and missile attacks. Recent strikes in Lamerd and Minab have killed civilians, with the US using a newly developed short-range ballistic missile, PrSM. The conflict has strained US military supplies and escalated regional tensions.
The Artemis II mission experienced issues with its space toilet, the Universal Waste Management System, shortly after launch. The crew repaired the system remotely, and the spacecraft surpassed the previous distance record from Earth. The mission highlights ongoing challenges in deep space hygiene technology.
Iran has acquired a Chinese-built TEE-01B satellite in late 2024, which its Islamic Revolutionary Guard Corps (IRGC) has used to monitor US military bases in the Middle East during ongoing conflict. The satellite captured images before and after Iranian drone and missile strikes on US sites in Saudi Arabia, Jordan, Bahrain, and Iraq. China denies involvement, while the US is monitoring the situation.
NASA's Artemis II mission has successfully returned after sending four astronauts farther into space than any humans have traveled since 1972. The Orion capsule Integrity has splashed down off Southern California on April 11, completing a 10-day journey around the moon. The mission has tested critical systems for future lunar landings planned for 2028 and marked historic firsts for crew diversity.
The Artemis II crew has completed a 10-day mission, traveling further from Earth than any humans have before. They have safely splashed down off California, with their Orion capsule enduring extreme reentry temperatures. The mission confirms the spacecraft's systems and paves the way for future lunar landings.
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's presidential election has resulted in a tight race with Keiko Fujimori leading, but vote counting continues due to logistical problems. A runoff is scheduled for June 7, with the final candidates yet to be confirmed. The election follows a period of political instability and interim leadership.
The Pentagon has requested a dramatic funding surge for autonomous drone warfare and AI-enabled systems in the 2027 budget, with the Defense Autonomous Warfare Group (DAWG) receiving tens of billions to expand drone production, counter-drone capabilities, and autonomous testing with industry partners. The move follows a broader push to recalibrate defense priorities amid global drone competition and domestic manufacturing concerns.
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.