Business
Lockheed Martin Wins Major Contract
Lockheed Martin has secured a $58.6 billion contract to produce Patriot interceptors over seven years in response to diminishing U.S. munitions stockpiles.
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The Hill
Financial markets are uneasy as President Trump and Federal Reserve Chair Kevin Warsh face rising inflation risks driven by the war in Iran. Stocks and bond yields have whipsawed amid uncertainty over how the Fed will tackle higher energy prices and their impact on the broader economy. The stock
2026-07-30 20:11 UTC
The Hill
The Army has awarded Lockheed Martin a seven-year contract worth up to $58.6 billion to churn out Patriot interceptor missiles in an effort to replenish quickly diminishing U.S. munitions stockpiles. The deal, announced Wednesday, converts a previous one-year contract worth $4.7 billion awarded to
2026-07-30 20:24 UTC