The Apex Times
Above the Noise
Business Wire
BusinessMotley Fool frames Oct. 30 as a key date for long-term Costco holders, pointing to dividends and price gainsThe Apex TimesBusinessCoca-Cola’s 2.3% yield and Nike’s 4.4% yield put dividend investors in a trade-off, analysts sayThe Apex TimesBusinessBoeing reports third-quarter delivery totals as Wall Street watches FAA approval timingThe Apex TimesBusinessMeta earnings in focus as investors weigh AI demand worries after Nasdaq weaknessThe Apex TimesBusinessDisney to absorb most of Character.AI staff after the chatbot startup’s bankruptcy filingThe Apex TimesBusinessNvidia’s November track record is strong, but one variable could disrupt the pattern, market note saysThe Apex TimesBusinessDividend debate revisits PepsiCo and Philip Morris after Philip Morris lifts quarterly payoutThe Apex TimesBusinessAlphabet investors weigh AI-chip optimism after a Wall Street call for a potential 20% upsideThe Apex TimesBusinessBroadcom (AVGO) is likely to face tough competition for advanced AI chip manufacturing capacity as TSMC ramps in 2026, according to market coverageThe Apex TimesBusinessNetflix cuts 1,000 jobs, leaving questions about what changes subscribers could actually seeThe Apex TimesBusinessIntel says Tesla will use its next-generation 14A foundry process as chip output ramps at 18A nodeThe Apex TimesBusinessVerizon rolls out new customer perks after raising prices, aiming to soften the impact for wireless usersThe Apex TimesBusinessMotley Fool frames Oct. 30 as a key date for long-term Costco holders, pointing to dividends and price gainsThe Apex TimesBusinessCoca-Cola’s 2.3% yield and Nike’s 4.4% yield put dividend investors in a trade-off, analysts sayThe Apex TimesBusinessBoeing reports third-quarter delivery totals as Wall Street watches FAA approval timingThe Apex TimesBusinessMeta earnings in focus as investors weigh AI demand worries after Nasdaq weaknessThe Apex TimesBusinessDisney to absorb most of Character.AI staff after the chatbot startup’s bankruptcy filingThe Apex TimesBusinessNvidia’s November track record is strong, but one variable could disrupt the pattern, market note saysThe Apex TimesBusinessDividend debate revisits PepsiCo and Philip Morris after Philip Morris lifts quarterly payoutThe Apex TimesBusinessAlphabet investors weigh AI-chip optimism after a Wall Street call for a potential 20% upsideThe Apex TimesBusinessBroadcom (AVGO) is likely to face tough competition for advanced AI chip manufacturing capacity as TSMC ramps in 2026, according to market coverageThe Apex TimesBusinessNetflix cuts 1,000 jobs, leaving questions about what changes subscribers could actually seeThe Apex TimesBusinessIntel says Tesla will use its next-generation 14A foundry process as chip output ramps at 18A nodeThe Apex TimesBusinessVerizon rolls out new customer perks after raising prices, aiming to soften the impact for wireless usersThe Apex TimesBusinessMotley Fool frames Oct. 30 as a key date for long-term Costco holders, pointing to dividends and price gainsThe Apex TimesBusinessCoca-Cola’s 2.3% yield and Nike’s 4.4% yield put dividend investors in a trade-off, analysts sayThe Apex TimesBusinessBoeing reports third-quarter delivery totals as Wall Street watches FAA approval timingThe Apex TimesBusinessMeta earnings in focus as investors weigh AI demand worries after Nasdaq weaknessThe Apex TimesBusinessDisney to absorb most of Character.AI staff after the chatbot startup’s bankruptcy filingThe Apex TimesBusinessNvidia’s November track record is strong, but one variable could disrupt the pattern, market note saysThe Apex TimesBusinessDividend debate revisits PepsiCo and Philip Morris after Philip Morris lifts quarterly payoutThe Apex TimesBusinessAlphabet investors weigh AI-chip optimism after a Wall Street call for a potential 20% upsideThe Apex TimesBusinessBroadcom (AVGO) is likely to face tough competition for advanced AI chip manufacturing capacity as TSMC ramps in 2026, according to market coverageThe Apex TimesBusinessNetflix cuts 1,000 jobs, leaving questions about what changes subscribers could actually seeThe Apex TimesBusinessIntel says Tesla will use its next-generation 14A foundry process as chip output ramps at 18A nodeThe Apex TimesBusinessVerizon rolls out new customer perks after raising prices, aiming to soften the impact for wireless usersThe Apex TimesBusinessMotley Fool frames Oct. 30 as a key date for long-term Costco holders, pointing to dividends and price gainsThe Apex TimesBusinessCoca-Cola’s 2.3% yield and Nike’s 4.4% yield put dividend investors in a trade-off, analysts sayThe Apex TimesBusinessBoeing reports third-quarter delivery totals as Wall Street watches FAA approval timingThe Apex TimesBusinessMeta earnings in focus as investors weigh AI demand worries after Nasdaq weaknessThe Apex TimesBusinessDisney to absorb most of Character.AI staff after the chatbot startup’s bankruptcy filingThe Apex TimesBusinessNvidia’s November track record is strong, but one variable could disrupt the pattern, market note saysThe Apex TimesBusinessDividend debate revisits PepsiCo and Philip Morris after Philip Morris lifts quarterly payoutThe Apex TimesBusinessAlphabet investors weigh AI-chip optimism after a Wall Street call for a potential 20% upsideThe Apex TimesBusinessBroadcom (AVGO) is likely to face tough competition for advanced AI chip manufacturing capacity as TSMC ramps in 2026, according to market coverageThe Apex TimesBusinessNetflix cuts 1,000 jobs, leaving questions about what changes subscribers could actually seeThe Apex TimesBusinessIntel says Tesla will use its next-generation 14A foundry process as chip output ramps at 18A nodeThe Apex TimesBusinessVerizon rolls out new customer perks after raising prices, aiming to soften the impact for wireless usersThe Apex Times
Back to front
Lockheed Martin and NioCorp sign MOU to advance scandium-based defense technologies
The Apex Times

THE APEX TIMES

Business/The Apex Times/Aug 4, 4:16 PM EDT

Lockheed Martin and NioCorp sign MOU to advance scandium-based defense technologies

The companies said the memorandum of understanding builds on a joint Skunk Works program and aims to support Pentagon-funded work for next-generation defense materials.

By The Apex Times Newsroom2 min readAI-assisted Apex article

Lockheed Martin said it has signed a memorandum of understanding with NioCorp aimed at developing scandium-based defense technologies. The announcement frames the deal as a continuation of earlier collaboration under Lockheed’s Skunk Works Joint Development Program, with an additional focus on work supported through a Pentagon-funded joint effort.

In the company’s description of the agreement, the scandium effort is presented as part of a broader push to translate advanced materials into defense applications. Scandium is a rare element used in specialized technologies, and the companies’ stated goal is to identify defense-relevant applications for scandium-based approaches.

The memorandum of understanding is described as building on existing collaboration between Lockheed Martin and NioCorp. Lockheed’s Skunk Works Joint Development Program is intended to speed technology development by bringing together government, industry, and research partners to move promising concepts toward practical use.

A key element highlighted in the announcement is that Pentagon-funded joint development is helping “establish America’s” capability in the area the companies are pursuing. The statement emphasizes the U.S. defense angle, but it does not provide further detail in the available information about specific defense programs, platforms, or procurement pathways that could benefit.

Neither Lockheed nor NioCorp, in the material available here, disclosed the memorandum’s financial terms, timelines, or performance milestones. The companies also did not specify whether the work is expected to transition into a contract, prototype demonstration, or a larger scale production arrangement as a follow-on.

For Lockheed Martin, materials and components are often positioned as enabling inputs for aerostructures, propulsion-related systems, directed energy, and other high-performance defense technologies. The company has repeatedly used internal rapid-development efforts, including Skunk Works initiatives, to partner with suppliers and research organizations when timelines and technical risk are high.

For NioCorp, the scandium focus is significant because scandium is commonly associated with high-value industrial and advanced-technology uses. The memorandum indicates an effort to link NioCorp’s scandium-related capabilities to defense-oriented requirements, though the announcement does not disclose the specific technical targets, quantities, or end-use performance metrics being sought.

What remains unclear is the scope of the Pentagon-funded joint development described in the announcement. The available information does not identify the specific funding mechanism, contracting organization, or the exact deliverables expected from Lockheed and NioCorp, and it does not say when the companies expect to report results or move to a later-stage agreement.

Why It Matters

  • Scandium-focused defense technology development could matter if it supports higher-performance or more resilient supply chains for specialized defense inputs.
  • The partnership suggests Lockheed is continuing to work with technology and materials suppliers through structured internal rapid-development channels.
  • Pentagon-funded joint work, as described, could increase the odds that the effort aligns with defense needs, though the specific program details are not disclosed here.

Sources

Key Facts

  • Lockheed Martin said it signed a memorandum of understanding with NioCorp to advance scandium-based defense technologies.
  • The agreement is described as building on Lockheed Martin’s Skunk Works Joint Development Program collaboration with NioCorp.
  • The companies said Pentagon-funded joint development efforts are supporting the work.
  • The available announcement does not disclose financial terms, timelines, milestones, or specific defense end-use applications.
  • The companies did not specify what, if any, procurement or production transition will follow the MOU.

Defense Related

Lockheed Martin and NioCorp sign MOU to advance scandium-based defense technologies | The Apex Times