Strong demand for military equipment is leading U.S. weapons manufacturer Lockheed Martin to raise its annual profit and sales outlook amid ongoing geopolitical uncertainties.
Lockheed’s weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, have been used by Ukraine in its fight against Russia’s full-scale invasion.
Major film and television studios offered Hollywood actors more than $1 billion in higher compensation and enhanced benefits before the SAG-AFTRA union called a strike last week, a group that represents media companies said on Monday.
The Alliance of Motion Picture and Television Producers (AMPTP), which negotiates on behalf of Netflix Inc, Walt Disney Co, Warner Bros Discovery, and others, said SAG-AFTRA “continues to mischaracterize the negotiations.”
