$LMT

Lockheed Martin and Raytheon have slowed talks on a joint Patriot interceptor production deal for Ukraine, citing feasibility and U.S. licensing red tape, according to the companies and U.S. officials. Trump said licensing must be careful, later reversed the license, and officials suggested only U.S. manufacturers can make Patriots in the U.S. Zelenskyy said an agreement was reached, but deal status is unclear.

The U.S. Department of War said it signed seven-year framework deals with Boeing and Raytheon to expand output of ship-launched SM-3 Block IB and Block IIA interceptor components, including avionics and ejector assemblies. Boeing, the government, and Raytheon will scale production while negotiating later multi-year contracts. Boeing said earlier Patriot seeker deliveries rose over 30% in 2025.

Lockheed Martin, Verizon, Nvidia and partners ODC, Keysight Technologies and Astris AI demonstrated Lockheed’s NetSense Airspace Awareness-as-a-Service in Miami in July 2026, detecting and tracking real drones using Verizon’s existing 5G network without modifying radios. NetSense will launch via subscription pilots in late 2026 and broader availability targeted for 2027.

The article reports multiple defense and drone-related updates. Lockheed Martin and partners demonstrated an AI-enabled 5G system for detecting unmanned aerial systems. Red Cat Holdings promoted Mitch McDonald to divisional CEO of its UAS units. Kaizen received a $15 million U.S. government contract for an AI counter-drone marketplace.

The U.S. Space Force, via Space Systems Command under the SBST portfolio, awarded fixed-price contracts and OTAs to five companies to develop a resilient, open-architecture Space Data Network. Each set is valued at $12 million. Five $10M contracts fund SDN multivendor interconnectivity prototyping, and five $2M OTAs fund SEP satellite orbital routers.

The U.S. delivered new THAAD launchers to the United Arab Emirates under a U.S. Foreign Military Sales contract, according to the U.S. Missile Defense Agency and contract amendment P00082. Lockheed Martin Space will manufacture Configuration 3 THAAD launchers with eight interceptors each. The $211.435 million deal aims to modernize hardware, address cybersecurity issues, and improve readiness after Iran-linked missile attacks.

Kotak’s July report on India’s aerospace and defence says Acceptance of Necessity (AoN) approvals rose to about Rs 9.28 lakh crore in FY26, up from Rs 2.49 lakh crore in FY25. Kotak estimates the pipeline could yield Rs 6.5-7 lakh crore of defence orders in FY27-29, but notes FY26 is inflated by import-heavy programmes. Key beneficiaries cited include HAL, BEL, BDL, GRSE and private firms.

Lightfoot Robert M JR (President Space) sold 2,606 shares of LOCKHEED MARTIN CORP (LMT) at $600.12 ($0.12M total) across 3 trades over 2026-08-11 to 2026-08-12.

Lockheed Martin said its Stage 2 rocket motor for the Next Generation Interceptor (NGI) program passed a key static fire test in a high-vacuum chamber. The test, meant to replicate low-Earth orbit conditions, was intended to confirm thrust, chamber pressure, and combustion stability. NGI is produced at Lockheed’s Courtland, Alabama facility, with L3Harris involved in the motor.

The Heritage Foundation, a Trump-aligned US think tank, urged Australia to spend billions on US THAAD missile defense. It recommends at least three THAAD batteries and hundreds of interceptors for bases including RAAF Darwin and HMAS Stirling. A battery set can cost up to $US2.73bn and interceptors about $US15m each. The report estimates Australia’s cost at $US5bn-$US10bn and suggests AUKUS co-production.