Canada announced amendment to existing maintenance and upgrade contracts, will be paying Lockheed Martin (LMT) an additional CAD 1.14bln

Canada's amendment to existing contracts with Lockheed Martin, which involves an additional CAD 1.14 billion, suggests a strong commitment to defense spending and stability in contractor relationships.

Newsquawk StaffPublished 15 May 2026, 15:35 UTCOn the live feed at 15:15 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

15:20

Lebanon's main goal is to declare and solidify a complete cessation of hostilities, according to Sky News Arabia citing a Lebanese source; says Lebanon is not confident that Israel will abide by the ceasefire agreement

15:17

China hopes US will take concrete actions to safeguard peace and stability across the Taiwan Strait, according to Xinhua citing a top diplomat

15:15

Canada announced amendment to existing maintenance and upgrade contracts, will be paying Lockheed Martin (LMT) an additional CAD 1.14bln

15:00

Newsquawk Daily Economic Releases - 18th May 2026

15:00

Newsquawk Weekly Economic Calendar - 18th-22nd May 2026

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

This could positively affect Lockheed Martin's outlook, potentially bolstering its stock price and influencing sector sentiment, particularly as nations are intensifying their defense budgets amid geopolitical tensions.

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

EQUITIES/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Equity indices, after we published−0.1%

EQUITIES/7 Sept · 09:15 UTC

Volkswagen (VOW3 GY) says that the Co., Lower Saxony and Aurelius Capital have agreed on key terms for the sale of Osnabrueck Plant; aims to secure the site and majority of jobs in the long term.

Market, after we published+1.6%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.