Defense Contracts

Lockheed Martin Awarded Over $3 Billion in Govt Contracts in Just Two Days, As Military Frets About Russian, Chinese Advances

WASHINGTON — The U.S. Air Force announced within the span of two days earlier this week that it had awarded over $3.3 billion in contracts to U.S. weapons giant Lockheed Martin. The first of these contracts, totaling $480 million, was announced on Monday and tasked Lockheed with designing a new “hypersonic” missile. The new missile, known as the Air-Launched Rapid Response Weapon (ARRW), is the second “hypersonic” missile under development at Lockheed, as the U.S.

UK Triggers Brexit, Starts Eyeing Up Middle East

Britain’s Prime Minister Theresa May, right, and Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman, left, hold a bilateral meeting before the start of the G20 summit, in Hangzhou, Zhejiang Province, China, Sunday, Sept. 4, 2016. (Narendra Shrestha/AP)
As the UK triggered its divorce from the European Union on Wednesday, Prime Minister Theresa May’s government is already working to secure new trade partnerships and deals in the Middle East.