Lexaria Bioscience Corp.: Lexaria Updates Business Development

On Aug. 3, the Pentagon awarded Lockheed Martin (LMT) and Northrop Grumman (NOC) a combined $3B+ deal to expand production of Patriot and THAAD interceptor missile parts. It includes a $2B framework for PAC-3 MSE components and a $1B agreement to expand THAAD component supply over seven years, aiming to triple Patriot and quadruple THAAD output.

Samsung Electronics, according to the article, has settled longstanding patent litigation with Netlist. The agreement includes a five-year cross-licensing and commercial deal covering patent fees, product supply arrangements, and Samsung’s equity investment in Netlist. The settlement ends disputes across jurisdictions and is linked to memory IP and AI/data-center technology relationships.

Ford plans to shift production of some Lincoln models from China to the US starting in 2030, according to CEO Jim Farley and Reuters. Tariffs on China-made vehicles, including a 52.5% duty on the Lincoln Nautilus, plus Connected Vehicle Rule limits, are cited. Ford sold about 34,000 Nautilus units in the US last year.

Australia will provide A$2.5 billion ($1.76 billion) to help keep Rio Tinto’s Tomago aluminum smelter operating beyond 2028 as it shifts to renewables. The package, jointly funded by federal and NSW governments, supports 3 GW of new generation and a power purchase agreement for 100% renewable electricity from 2033. Rio Tinto says emissions will fall 25% and Tomago will invest at least A$1.1 billion.

ECARX (NASDAQ:ECX) said it has expanded global R&D, with about 800 to 900 employees in China, ~200 in Europe, and ~150 in East and Southeast Asia, including sites supporting Volvo and other automakers. The company updated revenue guidance to $1.1B to $1.2B, cited Q2 revenue of $225M and gross margin near 20%, and targets AI silicon and software investments.

American Airlines reorganized senior leadership, adding former Spirit Airlines executive John Bendoraitis to lead technical operations and expanding roles for Chief Customer Officer Heather Garboden and others, while several executives depart, according to Forbes. The move follows a reduced 2026 earnings outlook to a 65-cent loss to 65-cent gain per share, amid higher fuel costs and a widening profit gap versus Delta and United.