Defense and Space

Lockheed Martin and Korea Aerospace Industries have agreed to explore meeting the South Korean military requirement for 18 heavy-lift helicopters.

The chief of space operations has pressed for a review and changes to an anticipated strategy for how the Pentagon uses commercial space capabilities.

Lockheed CFO Jay Malave said the defense prime is facing a "headwind" from new financial charges relating to a classified missile program.

NASA has conducted the first of 12 ground-test firings to certify the upgraded Aerojet Rocketdyne RS-25 engine for the Space Launch System rocket.

KKR has completed its acquisition of Circor, a key provider of flow-control products and services for the industrial, aerospace and defense markets.

Boeing has delivered four KC-46s so far this year, with no handovers to the U.S. Air Force since late August.

The Medium-Range Air-Launched Cruise Missile (MALCM)—designated KEPD 350K-2—will weigh around 2,000 lb., with range of 250 mi.

Hanwha Systems has unveiled a new active electronically scanned array radar designed for light combat aircraft, uncrewed combat aerial systems and helicopters.

Latvia plans to purchase MD530F single-engine light helicopters from MD Helicopters.

Korea Aerospace Industries has selected Northrop Grumman’s Airborne Laser Mine Detection System for a new variant of the MUH-1 Marineon helicopter.

Taiwan has operated six Northrop Grumman E-2K Hawkeye aircraft with APS-145 radars, but the air force been looking for a replacement.

The contract marks a continuation of the growing collaboration between KAI and European missile manufacturer MBDA.

KAI revealed its development roadmap for the MC-X transport program at ADEX 2023, hinting at a "mothership" role to air-launch other platforms.

Berkeley Space Center, unveiled Oct. 16, could see employment for more than 6,000 researchers and developers in astronautics, quantum computing and more.

Shield Capital—which was founded in 2021 and invests in areas such as AI, space, autonomy and cyber security—says it has raised $186 million for the fund.

The city-state’s air force and army participated in Exercise Forging Saber with novel artificial intelligence systems to maintain a strategic edge.

SpaceX says the FAA’s review process, exacerbated by a technical staff shortfall , has left it waiting for a month to launch an integrated Starship-Super Heavy.

The Pentagon alleges China is changing international air operations in open airspace near its borders with potentially dangerous intercepts.

Lockheed Martin reported revenue of $16.9 billion in the third quarter (Q3) of 2023, up 2% from $16.6 billion a year earlier.

Lockheed Martin’s aeronautics division took a sales hit in the third quarter of fiscal 2023 as continued F-35 delivery delays ate into the bottom line.

Negotiations are underway for the sale of the French Air Force’s fleet of Boeing C-135FR aerial refueling tankers after their withdrawal from the inventory.

The Pentagon has put 2,000 forces on prepare-to-deploy orders as it also has extended the deployment of a carrier strike group the Middle East.

NASA has announced another rescheduling as well as a resequencing of a pair of International Space Station (ISS) spacewalks.