Missile Systems & Strategic Weapons News

Bloomberg • Siddharth Philip

Lockheed Martin Ventures to invest $100M in European defense firms as Q2 2026 earnings rebound and backlog hits a record $230B

Lockheed Martin said it is raising its full-year guidance after a strong Q2 2026 performance, driven by easing prior-year one-time program losses and continued missile demand. The company reported record backlog of $230B and highlighted major contract wins, while Lockheed Martin Ventures plans a $100M investment in European defense firms focused on emerging technologies including quantum, sensing, autonomy, and advanced manufacturing.

9 Sources

2026-07-23T04:05:59.485595-07:00

FlightGlobal

Terma pushes multi-mission pod concept to meet evolving F-35 requirements

2 Sources

2026-07-23T04:19:28.539304-07:00

Air Data News

Lockheed Martin unveils Morfius X-Rotor reusable airborne high-power microwave system to defeat drone swarms

2 Sources

2026-07-23T04:13:19.600554-07:00

The War Zone

F-15EX mission shift: air-to-ground capabilities increasingly embedded

1 Source

2026-07-22T16:25:56.433783-07:00

Missile Systems & Strategic Weapons News Timeline

FlightGlobal

2 sources

Terma pushes multi-mission pod concept to meet evolving F-35 requirements Terma is promoting a multi-mission pod architecture for F-35 operators, positioning the already-approved structure as a potential platform to carry new payload systems. The company says the same structural baseline could be adapted for a range of missions, enabling faster capability refresh as F-35 requirements evolve.

2026-07-23T04:19:28.539304-07:00

Terma pushes multi-mission pod concept to meet evolving F-35 requirements

Air Data News

2 sources

Lockheed Martin unveils Morfius X-Rotor reusable airborne high-power microwave system to defeat drone swarms Lockheed Martin introduced Morfius X-Rotor, a reusable airborne high-power microwave (HPM) weapon aimed at neutralizing large groups of hostile drones in a single mission. The system is designed to counter swarm attacks by effectively neutralizing more than 50 drones per flight with low-cost, repeatable battlefield protection.

2026-07-23T04:13:19.600554-07:00

Lockheed Martin unveils Morfius X-Rotor reusable airborne high-power microwave system to defeat drone swarms

Bloomberg

9 sources

Lockheed Martin Ventures to invest $100M in European defense firms as Q2 2026 earnings rebound and backlog hits a record $230B Lockheed Martin said it is raising its full-year guidance after a strong Q2 2026 performance, driven by easing prior-year one-time program losses and continued missile demand. The company reported record backlog of $230B and highlighted major contract wins, while Lockheed Martin Ventures plans a $100M investment in European defense firms focused on emerging technologies including quantum, sensing, autonomy, and advanced manufacturing.

2026-07-23T04:05:59.485595-07:00

Lockheed Martin Ventures to invest $100M in European defense firms as Q2 2026 earnings rebound and backlog hits a record $230B

The War Zone

1 source

F-15EX mission shift: air-to-ground capabilities increasingly embedded The F-15EX is built on the F-15C’s core air-to-air mission, but its role is beginning to expand as air-to-ground capabilities are worked into its employment. The change signals a move toward multi-role use even as the aircraft’s mission system and procurement focus remain rooted in air combat.

2026-07-22T16:25:56.433783-07:00

F-15EX mission shift: air-to-ground capabilities increasingly embedded

FlightGlobal

1 source

Rafael chief targets continued growth after major spike in orders; company doubles output and lifts sales ~30% annually Rafael’s CEO Yoav Tourgeman says the company is pursuing sustained growth following a major increase in orders, supported by a recent scale-up in production. The defense prime has reportedly doubled output and boosted sales by about 30% per year over the last three years.

2026-07-22T05:41:58.006307-07:00

Rafael chief targets continued growth after major spike in orders; company doubles output and lifts sales ~30% annually

AINonline

10 sources

US Marines choose Allen Control’s Bullfrog autonomous C-UAS under GBAD; industry showcases low-cost drone-killing concepts at Fa Allen Control Systems says the US Marine Corps selected its Bullfrog autonomous weapon system for the Ground Based Air Defense (GBAD) programme to counter growing low-cost, weaponized drones. Separate Farnborough updates highlight Bumblebee V2 upgrades for air-to-air intercepts, plus concept work pairing modular launchers with low-cost guided interceptors and autonomous USVs, and BAE’s Brontanax collaborative combat drone concept.

2026-07-22T00:22:41.345536-07:00

US Marines choose Allen Control’s Bullfrog autonomous C-UAS under GBAD; industry showcases low-cost drone-killing concepts at Fa

Breaking Defense

17 sources

BAE Systems licensing deal enables Ukrainian industry to produce L119 Light Gun variant locally BAE Systems has signed a licensing agreement with a strategic defence partner in Ukraine to support local manufacture of its L119 Light Gun. The deal provides access to BAE’s technical information and support to build an initial gun for testing; no contract value or timeline was disclosed.

2026-07-21T23:44:27.327681-07:00

BAE Systems licensing deal enables Ukrainian industry to produce L119 Light Gun variant locally

Space.com

2 sources

SDA partners for up to $1.75B to build 36 Golden Dome missile-tracking satellites for Space Force The Space Development Agency announced partnerships with two companies valued at up to $1.75 billion total to develop 36 satellites supporting the Trump administration’s Golden Dome missile-defense initiative. The satellites are intended to expand space-based tracking capability for the program.

2026-07-21T12:07:19.359993-07:00

SDA partners for up to $1.75B to build 36 Golden Dome missile-tracking satellites for Space Force

Create a free account to see more recent Missile Systems & Strategic Weapons clusters.