This company wants to stop underwater drones and even submarines with a whole new form of sonar technology

The U.S. approved a potential $2.3B sale of up to 21 UH-60M Black Hawk helicopters to Norway, including engines, equipment, and spares. This follows Norway's reversal of plans to acquire HH-60W helicopters. The deal aims to replace Norway's aging Bell 412 fleet and enhance interoperability with allied forces, according to the U.S. Department of State.

Lockheed Martin informed Bulgaria that delivery of its second batch of F-16 Block 70 fighter jets may be delayed until Q2 2030 due to production issues. Bulgaria's Defense Minister Dimitar Stoyanov prioritized minimizing delays and avoiding additional costs. The first batch is still expected to enter combat duty in 2027. Bulgaria also requested second-hand F-16s to maintain operational capabilities during the transition.

The U.S. approved a $2.3B sale of 21 UH-60M Black Hawk helicopters and related equipment to Norway. The deal includes engines, weapons, and communication systems. Lockheed Martin, Sikorsky is the principal contractor. The sale aims to enhance Norway's military capabilities and interoperability with U.S. forces.

Germany's first Lockheed Martin F-35A, designated MG-01, has completed final assembly in Texas and is set for a September rollout. It is the first of 35 F-35As ordered by Germany to replace its aging Panavia Tornado fleet, with deliveries continuing through 2029. The aircraft will initially support training in the U.S. before arriving in Germany in 2027.

The Pentagon seeks low-cost munitions to replenish stockpiles depleted by the Iran war. Boeing, Northrop Grumman, and Lockheed Martin unveiled new cost-effective systems. Experts say these won't provide a short-term fix. RTX secured a $22.9B Tomahawk missile contract. Framework agreements signal demand but aren't guaranteed contracts. Production delays and supply chain issues persist. Lockheed's PAC-3 ACE, a cheaper missile, won't enter production until 2030.

Lockheed Martin (LMT) stock fell 2.7% despite a positive announcement. The company demonstrated a partnership with Saildrone, using a Saildrone Surveyor to fire Lockheed-built missiles. The test also showcased threat-identification and electronic warfare systems. Lockheed aims to expand this collaboration, potentially increasing its market for weapons systems. The stock's decline contradicts the positive news.