Lockheed Martin has appointed Jeremy King as its next chief executive for Australia and New Zealand, succeeding Warren 'Macca' McDonald. According to Breaking Defense, King previously served the Australian Defence Force for over 30 years and led major capability programs such as the MRH-90 and Chinook project.
The Army has selected three companies - Bell, M1, and Lockheed Martin - to move on to the next phase of the Flight School Next program. The companies will provide more information about their proposals and illustrate their full-scale solutions.
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.
Lockheed Martin delivered a record 191 F-35s in 2025, the highest annual total in the program's history, as more countries move to expand or introduce the fifth-generation jet into their air forces. The company reports that annual production is now running at a pace around five times higher than any other allied fighter currently in production.
President Donald Trump threatened to cut federal defense contracts awarded to Raytheon unless the company increases production and redirects capital toward manufacturing capacity. The comments come amid growing concerns about the health of the domestic defense industrial base, with Pentagon officials and lawmakers warning that US weapons production has failed to keep pace with rising global demand.
The Defense Department and Lockheed Martin have agreed to a framework for tripling PAC-3 production over seven years, with an initial capacity increase of 2,000 missiles per year. The contract award is still forthcoming, pending Congressional appropriations.
As the US midterm elections approach, concerns about congressional turmoil and defense spending uncertainty are growing. With Democrats poised to gain control of the House, the Trump administration's ability to enact its agenda without opposition is uncertain.
Lockheed Martin has agreed to supply the Taiwan Air Force with 55 Legion infrared search and track (IRST) pods under the US Foreign Military Sales program. The delivery strengthens the F-16 fleet's ability to detect and track airborne targets using passive sensors, addressing an urgent operational need described by the US Department of Defense.
Finland has unveiled its first Lockheed Martin F-35A fighter at a rollout ceremony held on December 16, 2025, at Fort Worth, Texas. The aircraft, serial JF-501, is part of Finland's HX Fighter Program, which will replace the Finnish Air Force's F/A-18 Hornet fleet.
Lockheed Martin has finished production of all F-16 Block 70 aircraft for Bulgaria and Slovakia's initial fleets, according to AeroTime. The company announced the completion on December 15, 2025, noting that every aircraft has passed US government acceptance through the Foreign Military Sales program.
Switzerland has decided to cut an order of 36 Lockheed Martin F-35A fighter jets due to a price increase of roughly $610 million enforced by the US government, following a contract dispute between the two sides. The Swiss Federal Department of Defence, Civil Protection and Sport stated that 'due to foreseeable additional costs, it is not financially viable to maintain the originally planned number' of aircraft.
The Global Positioning System has been the backbone of the modern world for decades, powering everything from stock trades to power grids. The U.