The deal would come after the country's ministry of public security held protracted talks since at least 2022 with multiple U.S. defence companies to acquire helicopters. Lockheed Martin is also negotiating with Vietnam's defence ministry the sale of C-130 military transport planes, multiple officials have said.

Lockheed Martin’s quarterly profit was hit by more than $1.7 billion in charges during the second quarter.

Lockheed Martin reported on Tuesday that its second-quarter profit plunged by about 80%, after the U.S. defense giant recorded pre-tax losses of $1.6 billion, mainly linked to a classified program within its Aeronautics segment.

The defense contractors’ stocks move in opposite directions after Lockheed discloses $1.6 billion in losses on its legacy defense business.

Roughly 60 percent of the company’s space at Fossil Creek Business Park is now up for sublease as the defense contractor favors remote work.

This partnership between UCF and Lockheed Martin is an example of how Florida leads in workforce education,' Gov. DeSantis said.

Lockheed Martin is examining options to offer the Orion spacecraft through commercial services, which could enable non-NASA uses.