A locking foldable knife with a locking assembly that reliably locks a blade in an extended position for use is disclosed. The locking assembly utilizes the surface area of a shaped peripheral edge at a second end of a blade, together with, confirming structures of a locking bar, and one or more stops to reliably lock a blade in an extended position. A locking assembly also locks a blade in a folded position in one or more embodiments of the locking foldable knife.