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EXPLAINED: 2 | Vintage Vibes

Will Ukraine get the Patriot licence? Washington sends mixed signals

Russia's barrages of ballistic missiles have left Kyiv desperate to start producing its own Patriot interceptors, but despite Trump’s initial green light for a production licence, the US has yet to offer any certainty.

Euronews

Former U.S. Rep. Kay Granger dies at 83

Granger was the first GOP woman from Texas to be elected to Congress, where she served for nearly three decades.

The Texas Tribune

US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns

The US Army awarded Lockheed Martin a significant contract for Patriot interceptor missiles. This deal aims to bolster depleted weapons stockpiles due to ongoing global conflicts. The agreement converts a previous one-year deal into a seven-year procurement plan. Lockheed will triple production capacity and increase jobs at its Arkansas plant.…

The Economic Times

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Ukraine says it hit a major Russian oil refinery hours after Zelensky’s meeting with Trump

Overnight attack started a fire at the Ryazan refinery, ramping up pressure on Moscow

The Independent UK

Zelenskyy hails US Senate vote on Russia sanctions as first step to peace

Ukrainian President Volodymyr Zelenskyy welcomed the US Senate's procedural vote advancing a Russia sanctions bill. He met with over sixty senators, discussing continued US support and anti-ballistic defense. Zelenskyy also met with US President Donald Trump, which went very well. He discussed expanding defense-industrial cooperation with Lockheed Martin executives. This…

The Economic Times

RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?

RTX and Lockheed Martin topped Q2 earnings estimates and grew their backlogs to record levels, sending both defense stocks higher as the Iran conflict reignites investor interest.

MarketBeat

Defense Earnings Show Readiness Now and Modernization Ahead

Lockheed Martin, Northrop Grumman, and RTX posted record backlogs and raised guidance this week, driven by both near-term missile defense demand and long-term military modernization programs.

MarketBeat

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Lockheed Martin unveils counter-drone system that can ‘neutralize up to 50 enemy drones in a single mission’ — sensor-agnostic system uses High Power Microwave to purge enemies from the sky

Lockheed Martin has unveiled a ground-launched high-power microwave counter-drone system which cab 'neutralize up to 50 enemy drones in a single mission.'

Tom’s Hardware

Defense tech investors thought the war in Iran could make them millionaires. Instead, some of the industry's biggest names have faced a bloodbath

Firms like Northrop Grumman are struggling on the market despite record military spending. Investors are now watching Congress—and a new generation of startups.

Fortune

50 drones in one swat: Reusable Lockheed Martin's Morfius X-Rotor uses powerful microwave to kill dozens of UAVs at a time

Lockheed Martin introduced the reusable Morfius X-Rotor, claiming it disables over 50 drones while reducing dependence on expensive interceptor missiles.

TechRadar

Lockheed Isn't Waiting For Pentagon Orders Anymore

For decades, the U.S. defense industry has followed a familiar playbook: the Pentagon identifies a need, issues a request for proposals, and contractors compete to build the winning system. According to Lockheed Martin Corp (NYSE:LMT), that model is changing.

Benzinga

Burnham urged to award £2.4bn military satellite contract to Airbus over US rival

Unite union leader says giving Skynet 6 WSS contract to Lockheed Martin would be a ‘massive mistake’

The Guardian - UK

LMT Stock Soars as Lockheed Martin Raises Annual Forecast

Lockheed Martin stock rallies on blockbuster Q2 earnings and raised full-year guidance. Options pricing suggests continued gains ahead in LMT shares.

Barchart

US stocks today: Nasdaq plunges 2% as tech earnings spark AI spending worries

Wall Street closed sharply lower with Nasdaq down over 2% as weak Big Tech earnings and rising AI spending concerns hit sentiment. Surging oil prices above $100, driven by Middle East tensions, reignited inflation fears and pushed bond yields higher, overshadowing gains in defense stocks like Lockheed Martin.

The Economic Times

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Barchart

Stocks Slip Before the Open on AI Spending Worries and Higher Bond Yields

September S&P 500 E-Mini futures (ESU26) are down -0.42%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.51% this morning as earnings from Alphabet and Tesla heightened concerns over the scale of AI spending, while rising oil prices drove bond yields higher.

International Business Times UK

What Is a Hypersonic Target? Ministry of Defence's New £20 Million Project Bowline Explained

The UK Ministry of Defence has awarded a £20 million contract to Lockheed Martin for Project Bowline, a hypersonic target programme aimed at advancing the UK's missile defence systems.

The Economic Times

Companies race to deliver autonomous uncrewed fighter jets

Boeing displayed its Ghost Bat drone at Farnborough Airshow, highlighting its advanced autonomous capabilities. Rival companies also presented competing designs for this emerging multibillion-dollar defense market. The U.S. Air Force plans to procure over 150 combat-capable autonomous wingmen by the decade's end. European nations are also developing similar programs and…

Benzinga

Lockheed Martin Unveils Patriot Missile That Could Cost Less Than Half the Current Interceptor as Ukraine, Middle East Conflicts Drive Demand

Lockheed Martin (NYSE:LMT), on Monday, introduced a more affordable Patriot interceptor, the PAC-3 Adapted Capability Effector (ACE) missile, amid growing demand for cost-effective air defense solutions.

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Benzinga

Senator Who Opposes Ban on Congress Trading Discloses First Trades of 2026: Here’s What He’s Selling

The trading activity of members of congress is closely followed by investors, especially when it’s the trades from a member who had millions of dollars in transactions in recent years.

The National (Scotland)

Dozens of activists blockade Scottish weapons factory with links to Israel

Dozens of protesters have blockaded the entrance to an Edinburgh weapons factory which has links to Israel

France 24

Patriot missile license a 'long-term' investment for Ukraine – but can it afford the wait?

US President Donald Trump’s surprise announcement that he will approve a license for Ukraine to produce its own Patriot missile interceptors signals a potential breakthrough for Kyiv, though experts caution that it will not translate into an immediate fix.

The Independent UK

A US license could let Ukraine produce Patriot missiles, but it won’t be simple or quick

U.S. President Donald Trump’s pledge to give Ukraine a license to produce Patriot air-defense systems could mark a major breakthrough for Kyiv

Euronews

'Technical aspects' must be agreed for Patriots production in Ukraine, Zelenskyy says

US President Donald Trump said Washington would give Kyiv "the right to make Patriots," the long range air defence missiles Kyiv has repeatedly requested to protect its cities and energy grid from Russian strikes.

MarketBeat

Lockheed Martin Secures the Ultimate Defense Moat

Lockheed Martin holds a $194 billion backlog and new DoD contracts, but Q1 2026 margin compression and the Ultra Maritime deal put focus on its July 23 earnings report.

The Independent UK

Ukraine-Russia war latest: Kyiv attacks Russian ships near Crimea as Putin’s fuel crisis deepens

Ukrainian drone attacks this week destroyed 36 of Putin's ships in Black Sea and Sea of Azov

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