Lockheed Martin (LMT) and NATO allies signed an agreement to explore a PAC-3 maintenance facility in Europe
Newsquawk Staff ·
- The proposed facility would provide in-region PAC-3 sustainment and maintenance to support NATO defence readiness
- Tesla (TSLA) has decided not to proceed with plans to produce Cybertruck for Australia and New Zealand
- OpenAI trims valuation target to USD 1.25tln after previously pitching a higher price, according to FT
- Newmont (NEM) says production growth is expected to begin in 2027 following previously flagged 2026 trough, adds Q3 gold production was broadly flat sequentially as anticipated
- OpenAI is raising up to USD 30bln in funding round at a USD 1.25tln valuation, led by UAE investors, according to CNBC, citing sources; OpenAI is negotiating a commercial deal that would secure more computing capacity from the UAE
- Lockheed Martin (LMT) says a key solid rocket motor test keeps the next-gen interceptor programme on track for fielding by 2030
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