FILE PHOTO: Servicemen of the 24th Mechanized Brigade, named after King Danylo, of the Ukrainian Armed Forces load missiles for a BM-21 Grad multiple-launch rocket system as they prepare to fire toward Russian troops, on a front line, amid Russia's attack on Ukraine, near the town of Chasiv Yar in Donetsk region, Ukraine February 23, 2025. Oleg Petrasiuk/Press Service of the 24th King Danylo Separate Mechanized Brigade of the Ukrainian Armed Forces/Handout via REUTERS/File Photo
WASHINGTON (Reuters) -Weapons makers Lockheed Martin and RTX predicted strong profits for the rest of this year on Tuesday as their results benefited from surging demand for arms from conflicts in the Middle East and a protracted Russia-Ukraine war.
Missiles, munitions and air defenses were important drivers for both companies, while Lockheed has been awarded an $12.5 billion contract from the Pentagon, for a total of 296 F-35 jets.
