Aerospace, Defense, Risk Management

— RISK MANAGEMENT

Aerospace & Defense

Navigating risk in today’s geopolitical landscape.

Strategic navigation & global reach

Today’s world is different. Terrorist threats continually emerge and shape-shift. As these challenges continue to rise, we are ready to take them head-on.

Lockton's expert Aerospace & Defense team partners with government contractors around the world to strategically navigate the risks associated with a dangerous geopolitical landscape. 

Work once performed primarily by the U.S. government and other states is now globally outsourced. Clients from venture-backed start-ups to Fortune 500 and FTSE 350 Tier 1 Defense Industrial Base (DIB) leaders depend on Lockton’s risk management and insurance expertise. Lockton stands ready to deliver.  

Uncommonly independent, our team of experts focuses on your needs and embraces your challenges as our own. Together, we work as partners to proactively achieve long-term goals — while protecting your interests at every turn.

Delivering results

When you choose Lockton, you select a team that puts your business results first, not ours. We identify and mitigate insurable risks, making it our business always to stay one step ahead.

To identify and mitigate insurable risks, we thoughtfully plan, bravely push boundaries and creatively devise winning strategies, making it our business to keep you/stay one step ahead.  

Lockton’s team of global specialists enlists/works with seasoned contract professionals to not only transfer risk, but to more accurately/precisely price bid proposals. Our holistic view of international deployments includes global employee benefits, foreign workers’ compensation, defense base act, personal accident, and kidnap & ransom.

We don't believe in one-size-fits-all. We excel at creating tailored solutions that keep pace with diversifying business needs and more sophisticated threats. Purposefully unconventional with vision and extensive experience — Lockton's global team delivers exceptional results that drive success today and into the future.

With foresight, vision and extensive experience — Lockton’s global team delivers results.  

Latest news & insights

Australia’s upcoming “Payday Super” reform will fundamentally change how employers manage superannuation contributions. Instead of quarterly contributions, employers will need to pay super guarantee contributions at the same time as wages. The reform also introduces a broader basis for calculating super guarantee contributions and updated employer reporting requirements. These changes will take effect from 1 July 2026. Australia reshapes employer superannuation obligations through major Payday Super reform

Australia reshapes employer superannuation obligations through major Payday Super reform

article
Australia’s upcoming “Payday Super” reform will fundamentally change how employers manage superannuation contributions. Instead of quarterly contributions, employers will need to pay super guarantee contributions at the same time as wages. The reform also intr ...
Read moreAustralia reshapes employer superannuation obligations through major Payday Super reform

Canada introduces new family leave entitlements for federally regulated employees

Canada has introduced a new pregnancy loss leave and an expanded bereavement leave for each parent on the death of a child for federally regulated employees from 12 December 2025. Both leaves are up to eight weeks (employer-paid for the first three days and unpaid otherwise). Additionally, while the effective date has yet to be announced, a new government-paid 16-week leave entitlement for the placement of a child (adoption or surrogacy) is expected to be implemented in 2026. Most employers in Canada are provincially regulated, and these federal legislative changes do not apply to provincially regulated workplaces. Canada has introduced a new pregnancy loss leave and an expanded bereavement leave for each parent on the death of a child for federally regulated employees from 12 December 2025. Both leaves are up to eight weeks (employer-paid for the first three days and unpaid otherwise). Additionally, while the effective date has yet to be announced, a new government-paid 16-week leave entitlement for the placement of a child (adoption or surrogacy) is expected to be implemented in 2026. Most employers in Canada are provincially regulated, and these federal legislative changes do not apply to provincially regulated workplaces.

Italy 2026 Budget: Key Employment and Benefits Changes for Employers

Italy has implemented several employee benefits-related reforms through its 2026 Budget Law. Key reforms include changes to the automatic enrollment mechanism under the severance pay system (Trattamento di Fine Rapporto), an increase in unpaid leave to care for a sick child from five to 10 working days, an increase in the child age limit for parental leave from 12 to 14 years old, and an increase in the meal voucher exemption threshold from EUR 8.00 to EUR 10.00. These changes took effect on 1 January 2026, except for certain changes to the severance pay system which will take effect from 1 July 2026. Italy has implemented several employee benefits-related reforms through its 2026 Budget Law. Key reforms include changes to the automatic enrollment mechanism under the severance pay system (Trattamento di Fine Rapporto), an increase in unpaid leave to care for a sick child from five to 10 working days, an increase in the child age limit for parental leave from 12 to 14 years old, and an increase in the meal voucher exemption threshold from EUR 8.00 to EUR 10.00. These changes took effect on 1 January 2026, except for certain changes to the severance pay system which will take effect from 1 July 2026.

Why executive security should be top-of-mind for digital asset companies

On 6 November 2024, kidnappers in Toronto forced Dean Skurka into a vehicle during rush hour at a downtown intersection near the National Ballet of Canada. Kidnappers later released Skurka, the CEO of cryptocurrency firm WonderFi, after receiving a ransom of $720,660. Skurka emerged from the ordeal uninjured, but his plight illustrates the growing risk of harassment, extortion, and kidnapping that executives face, particularly for those who work in the digital asset sector. Safety threats are not limited to executives in just one or a few industries. However, as digital assets have gained visibility in recent years, criminals increasingly view the sector as a ripe opportunity for ill-gotten financial gain. That means digital asset companies must reassess several protocols, ranging from their physical and digital security measures to when and how often executives surface in public settings, and even how often they use social media.On 6 November 2024, kidnappers in Toronto forced Dean Skurka into a vehicle during rush hour at a downtown intersection near the National Ballet of Canada. Kidnappers later released Skurka, the CEO of cryptocurrency firm WonderFi, after receiving a ransom of $720,660. Skurka emerged from the ordeal uninjured, but his plight illustrates the growing risk of harassment, extortion, and kidnapping that executives face, particularly for those who work in the digital asset sector. Safety threats are not limited to executives in just one or a few industries. However, as digital assets have gained visibility in recent years, criminals increasingly view the sector as a ripe opportunity for ill-gotten financial gain. That means digital asset companies must reassess several protocols, ranging from their physical and digital security measures to when and how often executives surface in public settings, and even how often they use social media.
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