Investment
Features
FeesSafety
Academy
More
Pluang+

Lockheed Martin and Venus Aerospace partner to develop advanced rotating detonation rocket engines for longer-range precision fires.

Market News
21 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

Lockheed Martin and Venus Aerospace have entered a joint agreement to develop Rotating Detonation Rocket Engine (RDRE) technology aimed at enhancing long-range precision fires. This advanced propulsion method promises greater range, speed, and efficiency by using continuous detonation waves instead of traditional combustion. The collaboration leverages Venus Aerospace's flight-tested technology and Lockheed Martin's defense system expertise to transition RDRE from demonstration to operational use, supporting U.S. military needs for scalable, affordable, and high-performance missile systems. This partnership accelerates innovation and strengthens the defense industrial base for future readiness.

More News (LMT)

Wall Street braces for volatility as Big Tech earnings and AI updates dominate this week.

Wall Street braces for volatility as Big Tech earnings and AI updates dominate this week.

Wall Street is preparing for a volatile week with major earnings reports from Big Tech companies like Alphabet and Tesla, which are seen as key tests for the AI-driven market rally. Over 70 S&P 500 companies, including IBM, Intel, and American Expres...

Market News
Neutral
1 day ago
Lockheed Martin launches PAC-3 ACE interceptor costing less than half of PAC-3 MSE.

Lockheed Martin launches PAC-3 ACE interceptor costing less than half of PAC-3 MSE.

Lockheed Martin introduced the PAC-3 ACE, a low-cost missile interceptor designed to counter various air and missile threats at less than half the unit cost of the PAC-3 MSE. The PAC-3 ACE integrates with the Patriot system and the Integrated Battle ...

Market News
Bullish
1 day ago
Tesla earnings focus on autonomy, AI chips, and robotaxi rollout amid mixed analyst views on valuation.

Tesla earnings focus on autonomy, AI chips, and robotaxi rollout amid mixed analyst views on valuation.

Tesla is set to report Q2 earnings with expectations of $26.4 billion revenue and $0.54 EPS, highlighting vehicle deliveries and production. Investors are keen on updates about Tesla's autonomy, robotaxi plans, AI chips, and capital expenditure for A...

Company Fundamentals
Neutral
2 days ago
HawkEye 360 and Lockheed Martin showcase advanced signals intelligence in US military exercise Valiant Shield 2026

HawkEye 360 and Lockheed Martin showcase advanced signals intelligence in US military exercise Valiant Shield 2026

HawkEye 360 partnered with Lockheed Martin in the Valiant Shield 2026 military exercise to demonstrate advanced commercial RF signals intelligence capabilities. Their technology enabled real-time, high-precision tracking and data integration across m...

Market News
Bullish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App