US Defense Contract

Lockheed Martin announced a record 191 F-35 deliveries in 2025, exceeding previous year's total by more than 70%. The company cited a backlog of jets held in storage as the primary cause.

Spain has acquired four Patriot fire units for $1.7 billion, as confirmed by RTX's Raytheon, and 200 F-404 engine fans for its F/A-18 fleet from the US Defense Security Cooperation Agency. The deals follow Spain's recent defense shopping spree, which allocated €3.