Tag Archives: Lockheed

WASHINGTON (Reuters) -Weapons maker Lockheed Martin Corp plans to nearly double production of Javelin missiles, the antitank weapon that has helped Ukraine fight Russia’s invasion, Chief Executive Officer James Taiclet said in an interview on Sunday. The aim is to boost output to 4,000 per year from 2,100 per year currently, Taiclet said in an interview with CBS News. The increase will take as long as a couple of years, he said. U.S. President Joe Biden last week visited a Lockheed facility in… Source link

Stock futures fell, oil prices jumped and Russian authorities scrambled to keep a grip on domestic markets, as investors rushed to adjust to geopolitical developments including new sanctions against Russia. Here’s what we’re watching in Monday’s trading: NIO shares added 1% premarket. The electric-vehicle maker plans to list shares in Hong Kong, joining other Chinese businesses pursuing an additional listing outside New York amid the threat of being forced off… Source link