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The sample capsule will parachute into the Utah desert as its mothership, the Osiris-Rex spacecraft, zooms off for an encounter with another asteroid. The asteroid samples will be handled inside nitrogen-purging gloveboxes by staff in head-to-toe clean room suits. ASTEROID AUTUMNThis fall is what NASA is calling Asteroid Autumn, with three asteroid missions marking major milestones. Both the NASA spacecraft and its target — a metal asteroid — are named Psyche. Japan’s first asteroid sample mission returned microscopic grains from asteroid Itokawa in 2010.

Persons: —, ”, University of Arizona’s Dante Lauretta, Rex, Bennu, Lauretta, NASA’s, Johnson, Kevin Righter, Lucy Organizations: NASA, University of Arizona’s, Empire, Defense Department’s Utah, NASA’s Johnson Space Center, Apollo, Soviet Union, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Utah, Japan, Bennu, Colorado, Houston, Antarctica, Cape Canaveral , Florida, U.S, China

The fighter jet had gone missing Sunday after the pilot ejected, and was taken to a local medical facility in stable condition, Joint Base Charleston said. The Marine Corps ordered a two-day pause in flight operations Monday, citing three “Class-A aviation mishaps” over the past six weeks. “This stand down is being taken to ensure the service is maintaining operational standardization of combat-ready aircraft with well-prepared pilots and crews,” the Marine Corps said in a news release. While the Marine Corps’ statement didn’t provide details of the other two mishaps, there were two aviation incidents that happened in August. A pilot was killed on August 24 when a Marine Corps F/A-18 Hornet combat jet crashed near San Diego.

Persons: CNN — Crews, Lockheed Martin Organizations: CNN, Marine Corps, Joint Base Charleston, Lockheed, Charleston ., USMC, Charleston, Marines, Corps, US Marines Locations: South Carolina, Joint, Lake Moultrie, Lake Marion, Charleston, Williamsburg County, San Diego, Australia

Forecasting solar storms is especially difficult right now, even as the sun is getting more active. CMEs fling charged, super-hot plasma into space, and sometimes — like in the case of this CME — that plasma strikes Earth. On the bright side, these solar storms also make stunning displays of the Northern Lights, or aurora borealis, visible in the middle of the US. On a different day, all of these effects combined could have created a very violent solar storm. In the worst-case scenario, which is very rare, all the conditions align to send a very fast and very powerful solar storm to Earth.

Persons: oozing, Keith Strong, Lockheed Martin, Dean Pesnell, Rune Stoltz Bertinussen, Matt Owens, Bryan Brasher, Daniel Verscharen, Owens Organizations: Service, Lockheed, NASA, Dynamics, Prediction, National Oceanic, Atmospheric Administration, Reuters, CME, University of Reading, University College London, NASA Solar Dynamics Locations: Wall, Silicon, Tromso, Norway, Montana , Missouri, Virginia

☆ US military asks the public for help finding its missing F-35 fighter jet after its pilot had to eject while training over South Carolina
▼ + stars: | 2023-09-18 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

A F-35 jet has been lost in South Carolina after a training "mishap," officials said Sunday. The US military is now appealing to the public to help find the missing jet. The pilot of the jet was able to parachute away safely and is in a stable condition, officials said. The pilot, who was not named, was able to parachute safely into North Charleston. How is there not a tracking device and we're asking the public to what, find a jet and turn it in?"

Persons: Nancy Mace Organizations: Service, Marine Fighter Attack Training, 2nd Marine Aircraft, Twitter, Office, Officials, CBS News, Lockheed, Joint Base Charleston Locations: South Carolina, Wall, Silicon, North Charleston, Lake Moultrie, Lake Marion

☆ A giant eruption from the sun could bring the Northern Lights as far south as New York, Chicago, and Portland overnight Monday and early Tuesday
▼ + stars: | 2023-09-18 | by ( Morgan Mcfall-Johnsen | Sonam Sheth | ) www.businessinsider.com time to read: +4 min

The reason for this brilliant display is the sun, which shot a giant eruption of charged particles toward Earth on Sunday. The colorful Northern Lights, or aurora borealis, appear when electrically charged particles from the sun interact with molecules in Earth's atmosphere. Northern Lights may appear unusually far southTypically these dazzling green, red, pink, and purple lights only appear around the Arctic Circle, or around the South Pole (there it's called the aurora australis). That's because our planet's magnetic field lines channel the steady stream of particles, called the "solar wind," to the poles. AdvertisementAdvertisementWhere the aurora might appear tonightThe below map of the Space Weather Prediction Center's aurora forecast shows where late-night or early-morning sky watchers might be lucky enough to see the Northern Lights.

Persons: Dean Pesnell, Keith Strong, Lockheed Martin, Mike Hapgood, there's Organizations: Service, NASA, Dynamics, Lockheed, NOAA, Prediction Center, Rutherford Appleton Laboratory, Administration Locations: Wall, Silicon, New York , Illinois, Oregon

☆ Wells Fargo upgrades L3Harris, says shares could benefit from a potential government shutdown
▼ + stars: | 2023-09-18 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Investors could benefit from the discount in L3Harris Technologies shares relative to its defense technology peers, according to Wells Fargo. L3Harris Technologies stock has slipped more than 17% from the start of the year. LHX YTD mountain L3Harris Technologies stock. The analyst added that estimates have likely bottomed for L3, and that a government shutdown has typically benefited defense stocks. In the same report, Akers also upgraded Lockheed Martin to equal weight from underweight, and left his price target at $440.

Persons: Wells, Matthew Akers, Akers, Lockheed Martin, Price, Northrop, Booz Allen Hamilton, Harris, — CNBC's Michael Bloom Organizations: L3Harris Technologies, Lockheed, General Dynamics, Northrop Grumman, Raytheon, Booz, CACI, Leidos Holdings, Citigroup Locations: Wells Fargo

☆ Anyone seen my F-35? US searches for fighter jet after mishap
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +1 min

A F-35B Lightning II aircraft from the Marine Fighter Attack Squadron 211 launches from the deck aboard the amphibious assault ship USS Essex as part of the F-35B's first combat strike, against a Taliban target in Afghanistan, September 27, 2018. Navy/Handout via REUTERS/File photo Acquire Licensing RightsWASHINGTON, Sept 18 (Reuters) - The U.S. military said on Monday it was still searching for an F-35 fighter jet after a mishap on Sunday near an air base in South Carolina and has asked for the public's help locating it. The pilot of the F-35B Lightning II jet ejected safely from the aircraft, according to a statement from Joint Base Charleston. The fighter jet's main advantages, according to its manufacturer, Lockheed Martin (LMT.N), are that it is nearly impossible to track with radar and is packed with advanced sensors and other gear. Based on the jet's last known position, the base said search efforts were focused north of the base around Lake Moultrie and Lake Marion.

Persons: Matthew Freeman, Lockheed Martin, Phil Stewart, David Shepardson, Leslie Adler Organizations: Marine Fighter Attack Squadron, U.S . Navy, REUTERS, Rights, U.S, Joint Base, Base Defense Operations Center, Twitter, Lockheed, ., Thomson Locations: Essex, Afghanistan, South Carolina, Lake Moultrie, Lake Marion

☆ A missing F-35 stealth fighter may have kept flying after its pilot ejected. A pilotless Soviet jet once flew 500 miles before crashing in NATO territory.
▼ + stars: | 2023-09-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

An F-35 stealth fighter went missing after a pilot ejected during a "mishap" on Sunday afternoon. If it kept flying, as reports indicate it may have, it could echo a Cold War incident involving a Soviet aircraft. Toward the end of the Cold War, for example, one Soviet pilot witnessed his jet fly off without him after he ejected from it and continue flying for over 500 miles. On Sunday afternoon, Joint Base Charleston confirmed a "mishap involving an F-35B Lightning II jet" in which the pilot had to eject. The F-35 is considered to be a highly advanced fifth-generation fighter aircraft known for its high-end capabilities and stealth.

Persons: haven't, Jeremy Huggins, Huggins, Lockheed Martin Organizations: Soviet, Service, Base Charleston, Charleston didn't, Facebook, Charleston, Federal Aviation Administration, Joint Base, NBC News, US Marine Corps, Joint, The New York Times, Belgian, NATO, Convair, Dart, Washington Post, Marine Corps, Lockheed Locations: Wall, Silicon, South Carolina, Lake Moultrie, Lake Marion, Soviet, Belgium, Kortrijk, Poland, East, West Germany, Netherlands, Montana

☆ A pilot training in one of America's most expensive weapons systems ejected over South Carolina. Officials can't find the F-35 he was flying.
▼ + stars: | 2023-09-17 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

A pilot ejected from his F-35B Lightning II jet following a "mishap" during a Sunday training flight. While the pilot was unharmed, the jet was lost and has not yet been recovered by officials. The F-35 Lightning II Joint Strike Fighter program is the DOD's most expensive at $1.7 trillion. The F-35 Lightning II Joint Strike Fighter program is the Department of Defense's most expensive weapon system program, according to the US Government Accountability Office. The US Air Force deployed F-35s to NATO's front line to patrol for Russian missiles following the invasion of Ukraine.

Organizations: Service, Marine Corps, Joint, Marine Fighter Attack Training, 2nd Marine Aircraft, United States Marine Corps, Corps, Joint Base Charleston, Marine Corps Air, Beaufort, Lockheed, US Air Force, Russian, AIM Locations: Wall, Silicon, South Carolina, South Kenwood, North Charleston, Ukraine

REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsBEIJING, Sept 15 (Reuters) - China will impose sanctions against U.S. aerospace and defence firms Northrop Grumman (NOC.N) and Lockheed Martin (LMT.N) for providing weapons to Taiwan, the Chinese foreign ministry said on Friday. The sanctions are being enacted under China's Anti-Foreign Sanctions Law, ministry spokesperson Mao Ning told a regular press briefing. Mao named Lockheed Martin Corp's branch in Missouri as the prime contractor that was directly involved in an arms sale to Taiwan on Aug. 24 and said Northrop Grumman has repeatedly participated in the sale of weapons to Taiwan. Taiwan has also reported dozens of Chinese fighters, bombers and other aircraft flying into its air defence zone this week. China's wide-ranging law to counter foreign sanctions came into force in 2021 in an apparent move to legalise tit-for-tat retaliation against punitive actions taken by foreign countries.

Persons: Kim Kyung, Northrop, Lockheed Martin, Mao Ning, Mao, Northrop Grumman, Joe Biden, Joe Cash, Liz Lee, Kim Coghill, Christian Organizations: Lockheed, Japan Aerospace, REUTERS, Rights, U.S, Northrop Grumman, China's, Foreign, Thomson Locations: Japan, Tokyo, Rights BEIJING, China, Taiwan, U.S, Missouri, China . U.S, Shandong, Taiwan's, Beijing

☆ Exclusive: Ukraine could get long-range missiles armed with US cluster bombs - officials
▼ + stars: | 2023-09-11 | by ( Mike Stone | ) www.reuters.com time to read: +5 min

Ukraine is currently equipped with 155 mm artillery with a maximum range of 18 miles carrying up to 48 bomblets. The GMLRS rocket system, a version of which Ukraine has had in its arsenal for months, would be able to disperse up to 404 cluster munitions. At present Ukraine has only one U.S.-furnished cluster munitions, the 155 mm rounds that were announced in July. Cluster munitions are prohibited by more than 100 countries. Russia, Ukraine and the United States have not signed onto the Convention on Cluster Munitions, which bans production, stockpiling, use and transfer of the weapons.

Persons: Biden, Dmytro Kuleba, Antony Blinken, Lockheed Martin, ATACMS, Joe Biden, Mike Stone, Chris Sanders, Lisa Shumaker Organizations: Korean, Army Tactical Missile, United States Army, REUTERS, Rights, Army Tactical Missile Systems, Russian, Reuters, Russia, U.S . Army, Lockheed, High Mobility Artillery Rocket Systems, Ukraine Defense Contact, Ramstein Air Base, Cluster Munitions, Thomson Locations: United States, South Korea, Ukraine, U.S, Kyiv, Orikhiv, Germany, Russia, Washington

CNN —President Joe Biden is expected to make a final decision soon on sending long-range missiles to Ukraine for the first time, a major step recommended by the State and Defense departments after months of Ukrainian requests, people familiar with the discussions told CNN. Discussions about sending the long-range Army Tactical Missile Systems, also known as ATACMS, picked up substantially in recent weeks, the sources said. Currently, the maximum range of US weapons committed to Ukraine is around 93 miles with the ground-launched small diameter bomb. ATACMS missiles are fired from HIMARS rocket launchers, the same type of vehicle that launches the Guided Multiple Launch Rocket System (GMLRS) missiles that Ukraine already employs. “When we talk about long-range missiles for Ukraine, it is not just a whim, but a real need,” the head of Zelensky’s office, Andriy Yermak, said on Telegram on Monday.

Persons: Joe Biden, Volodymyr Zelensky, CNN’s Fareed Zakaria, Biden, ” Zelensky, Antony Blinken, Lockheed Martin, Andriy Yermak, Abrams, “ I’m, Republican Sen, James Risch of, “, Putin, they’ve, ” Organizations: CNN, State and Defense, Tactical Missile Systems, State Department, Pentagon, Lockheed, Army, Ukrainian, Republican, Aspen Security Forum Locations: Ukraine, Russia, Kyiv, Crimea, France, James Risch of Idaho

☆ Sweden's NATO Accession and Turkey's Bid to Buy F-16 Jets Should Be Kept Separate, Erdogan Says
▼ + stars: | 2023-09-10 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +3 min

ANKARA (Reuters) - U.S. President Joe Biden's administration is linking F-16 fighter jet sales to Turkey with Turkish ratification of Sweden's NATO membership bid, and this "seriously upsets" Ankara, President Tayyip Erdogan said on Sunday. Biden made a connection between the supply of F-16s and Turkish action in ratifying Sweden's application to join NATO, Erdogan said. After months of objections, Erdogan agreed at a NATO summit in July to forward Sweden's NATO bid to the Turkish parliament for ratification. "It is not possible for me to say 'yes' (to Sweden's NATO membership bid) alone unless such a decision is approved by (our) parliament." Stockholm recently voiced hope that Turkish lawmakers would ratify its NATO bid when they reconvene in October, as agreed at the NATO summit in July.

Persons: Joe Biden's, Tayyip Erdogan, Erdogan, Biden, Lockheed Martin Corp's, Jake Sullivan, extraditing, Sweden's, Krishn Kaushik, Aftab Ahmed, Huseyin Hayatsever, Mark Heinrich Organizations: NATO, Lockheed, U.S . National, Kurdistan Workers Party, European Union, Turkish Locations: ANKARA, Turkey, Ankara, New Delhi, U.S, Washington, Turkish, Sweden, United States, Stockholm, Finland, Russia, Ukraine, Hungary, Budapest

☆ Sweden's NATO accession and Turkey's bid to buy F-16 jets should be kept separate -Erdogan
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +3 min

Biden made a connection between the supply of F-16s and Turkish action in ratifying Sweden's application to join NATO, Erdogan said. After months of objections, Erdogan agreed at a NATO summit in July to forward Sweden's NATO bid to the Turkish parliament for ratification. "It is not possible for me to say 'yes' (to Sweden's NATO membership bid) alone unless such a decision is approved by (our) parliament." Stockholm recently voiced hope that Turkish lawmakers would ratify its NATO bid when they reconvene in October, as agreed at the NATO summit in July. While Finnish membership was sealed in April, Sweden's bid remains held up by Turkey and Hungary.

Persons: Tayyip Erdogan, Adnan Abidi, Joe Biden's, Erdogan, Biden, Lockheed Martin Corp's, Jake Sullivan, extraditing, Sweden's, Krishn Kaushik, Aftab Ahmed, Huseyin Hayatsever, Mark Heinrich Our Organizations: REUTERS, Rights, NATO, Lockheed, U.S . National, Kurdistan Workers Party, European Union, Turkish, Thomson Locations: New Delhi, India, Rights ANKARA, Turkey, Ankara, U.S, Washington, Turkish, Sweden, United States, Stockholm, Finland, Russia, Ukraine, Hungary, Budapest

☆ The powerful ATACMS missile Ukraine may soon get from the US has long range, accuracy, and a lot of firepower
▼ + stars: | 2023-09-09 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

The US is leaning towards sending Ukraine the ATACMS long-range missile, per a new report. ATACMS — a shortening of Army Tactical Missile System — has been one of Ukraine's most pressing requests, because its long range would open up Russian targets too distant to easily attack. The ATACMS is a long-range guided missile with a range of around 300 kilometers, or 190 miles, per its manufacturer Lockheed Martin. The "ATACMS' pinpoint accuracy helps minimize collateral damage," Jim Gribschaw, a director at Lockheed Martin said of the missile. US Army photoThe US had initially been reluctant to provide the missile system.

Persons: Lockheed Martin, Ryan Hageali, Jim Gribschaw, Ben Hodges, Jake Sullivan, Biden, Abrams Organizations: Service, ATACMS, ABC News, Tactical Missile, Lockheed, MGM, Tactical Missile System, US Marine Corps, TNT, US Army, National Locations: Ukraine, Wall, Silicon, Russia, Australia, Northern Territory, US, Iraq

☆ Anduril founder Palmer Luckey says the ChatGPT buzz is making politicians more interested in AI-powered weapons
▼ + stars: | 2023-09-09 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Palmer Luckey told Breaking Defense the ChatGPT hype is making politicians interested in AI weapons. While Luckey may be best known as the founder of Oculus, in 2017 he created a defense tech startup called Anduril Industries. In a recent interview with Breaking Defense, Luckey said "ChatGPT has probably been more helpful to Anduril with customers and politicians than any technology in the last 10 years." Luckey, who referred to Anduril as an "AI company," clarified to Breaking Defense that ChatGPT wasn't actually powering Anduril's products. It builds military technology including drones, surveillance towers, and underwater vehicles powered by its AI software system, Lattice.

Persons: Palmer Luckey, Luckey, he's, that's, Palmer, ChatGPT, you'll, futher, Anduril, Andreessen Horowitz, Lockheed Martin, Trump, we've Organizations: Breaking Defense, Capitol, Pentagon, Service, Anduril Industries, Defense, Blue Force Technologies, TechCrunch, Founders Fund, Boeing, Lockheed, Department of Defense, Department of Homeland Security, CNBC, Special, Command, US Customs, Protection, Jaan, Skype, Cambridge Centre, Life Locations: Wall, Silicon, Jaan Tallinn

☆ How NASA has prepared to scoop up an asteroid sample landing in the desert
▼ + stars: | 2023-09-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

CNN —An asteroid sample stowed inside a NASA spacecraft is about to reach Earth after traveling for nearly 2½ years across space. It’s NASA’s first time collecting and returning an asteroid sample from space. Teams have been rehearsing how to retrieve the sample, originally collected from the near-Earth asteroid Bennu, when it drops down into the Utah desert on September 24. Keegan Barber/NASAThe mission’s original goal was to retrieve a pristine asteroid sample. The team has also prepared for different landing scenarios, such as a hard landing where the capsule containing the sample opens unexpectedly.

Persons: NASA’s, REx, ”, Nicola Fox, ” It’s, Keegan Barber, Dante Lauretta, OSIRIS, “, Rich Burns, ” Burns, Burns, Sandra Freund, Johnson, Lockheed Martin, Freund, Molly Wasser, Kevin Righter, curation, Christopher Snead, ” Snead, ” Lauretta Organizations: CNN, NASA, Goddard, University of Arizona, Department of Defense's Utah, Department of Defense’s Utah, Goddard Space Flight, Lockheed, NASA’s Johnson Space Center, Space, Apollo, Space Center, Canadian Space Agency, Japanese Aerospace Exploration Agency Locations: Utah, Bennu, Tucson, Salt Lake City, Greenbelt , Maryland, Houston, Johnson

☆ Lockheed Martin, but Make It Fashion
▼ + stars: | 2023-09-08 | by ( Jessica Roy | ) www.nytimes.com time to read: +1 min

Major defense contractors like Raytheon, Boeing and Northrop-Grumman have produced baseball hats, T-shirts and water bottles advertising military-grade weapons like ballistic missiles, rocket-propelled grenades and fighter jets. Now, Lockheed Martin, the American defense contractor best known as the world’s largest weapons manufacturer, is allowing its brand to be used in the streetwear business. Through Equity Management Inc, a corporate trademark licensing company in San Diego, Lockheed has been selling its trademark to apparel retailers in both the United States and abroad. A spokesperson for Lockheed Martin confirmed the collaborations were real but declined to comment further. The pieces range from $30 for a T-shirt to $115 for a nylon zip-up jacket, and are aimed at young consumers of South Korea’s growing streetwear market, where oversize cuts and bucket hats reign supreme.

Persons: you’ve, Lockheed Martin Organizations: expos, Raytheon, Boeing, Northrop, Grumman, Lockheed, Equity Management Inc, Doojin Corporation Locations: San Diego, United States, Seoul, South

The prospect of higher rates put particular pressure on growth stocks with the S&P 500 growth index (.IGX) underperforming the benchmark throughout the session. "Growth stocks have been pricing in the idea that inflation has been well anchored and that the Fed's going to cut. The S&P 500 showed little reaction to the Fed's "Beige Book" snapshot of the U.S. economy a week ahead of the keenly awaited August inflation data and the Fed's rate decision on Sept. 20. The report showed "modest" U.S. economic growth in recent weeks while job growth was "subdued," and inflation slowed in most parts of the country. The S&P 500 posted six new 52-week highs and 25 new lows; the Nasdaq Composite recorded 34 new highs and 174 new lows.

Persons: Lockheed Martin, Carol Schleif, Schleif, Susan Collins, Patrick Kaser, Mike Segar, advancers, Sinéad Carew, Shristi, Vinay Dwivedi, Richard Chang Organizations: Dow, Nasdaq, Institute for Supply Management, Traders, Federal Reserve, Boston, Equity, Brandywine Global, Apple Inc, Wall, New York Stock Exchange, REUTERS, Dow Jones, Energy, Lockheed, NYSE, Thomson Locations: China, Minneapolis, Manhattan, New York City , New York, U.S, New York, Bengaluru

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. "Every Fed governor comes out and says they look for the data and that data point today is definitely something that's a little bit more inflationary." Declining issues outnumbered advancers by a 2.14-to-1 ratio on the NYSE and by a 2.06-to-1 ratio on the Nasdaq. The S&P index recorded three new 52-week highs and 24 new lows, while the Nasdaq recorded 32 new highs and 119 new lows. Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Segar, Martin, Joe Saluzzi, Susan Collins, megacaps, Johnson, Lockheed Martin, Shristi Achar, Vinay Dwivedi Organizations: Wall, New York Stock Exchange, REUTERS, Dow, Nasdaq, Apple, Institute for Supply Management, Traders, Themis, Boston, Nvidia, Treasury, Healthcare, Johnson, HSBC, thefly.com, Federal Reserve, Dow Jones, Lockheed, NYSE, Thomson Locations: Manhattan, New York City , New York, U.S, China, Chatham , New Jersey, Bengaluru

Adoption of AeroVironment's Switchblade drone will be a key driver for the company, he said. It is not clear how often the U.S. military has utilized the Switchblade drone in theater. AeroVironment makes the Switchblade 300 and the 600; both are equipped with cameras, navigation systems and guided explosives. The 300 variant is designed to strike small targets, weighs a little more than 5 pounds and has a range of 10 miles. Each single-use Switchblade 300 is estimated to cost $6,000, according to an NBC News report.

Persons: LSEG, Wahid Nawabi, Baird, Peter Arment, AeroVironment, Lockheed Martin, Atomics Organizations: Pentagon, ., Lockheed, Lockheed Martin Hellfire, NBC Locations: Virginia, Tuesday's, Ukraine, U.S

☆ Lockheed Martin trims F-35 jet delivery outlook
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

A Lockheed Martin F-35 fighter jet performs a flying display at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsSept 6 (Reuters) - U.S. weapons maker Lockheed Martin (LMT.N) on Wednesday cut its delivery outlook for its F-35 jets, and delayed deliveries of its updated Technology Refresh 3 (TR-3) jets. Bethesda, Maryland-based Lockheed added it expects to deliver its first TR-3 jet between April and June next year. The Pentagon had also delayed final delivery acceptance for F-35 jets, leading to a payment delay of about $7 million per jet. In July, the defense contractor had said completion of the software integration testing would likely cause delays to its TR-3 jet.

Persons: Lockheed Martin, Benoit Tessier, Nathan Gomes, Krishna Chandra Organizations: Lockheed, Paris, REUTERS, Pentagon, Thomson Locations: Le Bourget, Paris, France, Bethesda , Maryland, Bengaluru

☆ House Oversight Democrats ask GOP to subpoena Affinity Partners, Jared Kushner's $3 billion Saudi-backed private equity fund
▼ + stars: | 2023-08-31 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +4 min

Shortly after leaving the White House, Jared Kushner got $2 billion in funding from the Saudi government for his private-equity fund. Mohammed bin Salman, the Saudi crown prince who developed close ties to Kushner, pushed the deal through, the New York Times reported. Now, Democrats on the House Oversight Committee are asking the GOP to investigate with the same zeal they've applied to Hunter Biden. The letter puts special focus on a $2 billion investment from Saudi Arabia's Public Investment Fund. AdvertisementAdvertisementBut MBS, who chairs the fund, intervened to push the deal through, according to the Times' repoAffinity Partners now has an office in Miami.

Persons: Jared Kushner, Mohammed bin Salman, Kushner, they've, Hunter Biden, Jamie Raskin, Joe Biden's, Raskin, Donald Trump's, James Comer, Comer, Prince Mohammed bin Salman, Lockheed Martin, Jamal Khashoggi, Abraham, Austin Hacker, Hacker Organizations: White, New York Times, Service, Democratic, GOP, Affinity Partners, White House, Democrats, Saudi Arabia's Public Investment Fund, MBS, Trump, Intercept, The New York Times, Lockheed, National Security Council, Saudi, Times, Abraham Accords, Trump White House, Affinity, CNN Locations: Saudi, Wall, Silicon, Maryland, Saudi Arabia, Miami

☆ Investing in Space: Why the Pentagon is spending billions to build its own satellite constellation
▼ + stars: | 2023-08-31 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Low Earth orbit satellite constellations are all the rage, but up to this point they've been the prospective domain of commercial entities. SDA is about to launch the second mission of its constellation known as the "Proliferated Warfighter Space Architecture," or PWSA. The Transport satellites in Tranche 0 cost about $15 million each, according to Jennifer Elzea, the agency's chief of strategic engagement. Investing in Space programming note: I will be out next week, but back the following for the World Satellite Business Week conference in Paris!

Persons: Lockheed Martin's, CNBC's Michael Sheetz, Lockheed Martin, Chris Winslett, Winslett, Jennifer Elzea, Elzea, It's, Mike Eppolito, we'll, Eppolito Organizations: Lockheed, Space Development Agency, U.S . Space Force, Transport, Pentagon, SpaceX, Space Force, Command, PWSA, World Locations: tranches, York, Paris

☆ 30 dividend-paying stocks in solid sectors with upside outside the AI hype, according to a 30-year fund manager
▼ + stars: | 2023-08-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

Similar companies within the healthcare sector in his portfolio include Abbott Laboratories (ABT), which pays out a 1.95% dividend yield. Additionally, it offers a 2.35% dividend yield. Within the defense sector, he also likes Lockheed Martin (LMT), which pays a dividend yield of 2.64%. It pays out a 2.19% dividend yield plus a profit and losses payout at the end of the year. It has a 2.85% dividend yield and has increased its payout by about 8 to 10% a year, he said.

Persons: Max Wasserman, He's, Wasserman, overvalued, That's, Johnson, There's, Lockheed Martin Organizations: Miramar Capital LLC, Nasdaq, Broadcom, Microsoft, Company, NAPA Auto, Parts, Abbott Laboratories, Merck & Co, Dynamics, Group, PepsiCo Locations: Northbrook , Illinois, NAPA

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