Business
Kratos wins $100 million sole-source space surveillance contract
Kratos received an approximate $100 million sole-source prime award for a ground-based space domain awareness system, adding to its defense backlog.
Kratos received an approximate $100 million sole-source prime award for a ground-based space domain awareness system, adding to its defense backlog.
Rheinmetall won a contract worth just under €1 billion in the UK's 15-year Army training modernisation programme, adding long-term defence revenue.
Germany plans to buy U.S. Tomahawk missiles and station them at home, adding long-range strike capacity. Quantities, value and timing remain unclear.
Germany awarded Rheinmetall and MBDA a mid three-digit million-euro contract to develop a naval laser weapon system due to be operational by 2029.
JPMorgan, Goldman Sachs and Morgan Stanley led major banks initiating bullish ratings on SpaceX after its post-IPO quiet period ended.
The U.S. Army awarded Lockheed Martin a $9.8 billion multiyear contract for 1,970 PAC-3 MSE interceptors for U.S. forces and international partners.
The U.S. Army has launched FUZE, targeting about $750 million a year to speed drones, counter-drone, EW and energy tech to troops.
Microsoft is creating a 6,000-person enterprise AI unit to help businesses deploy AI, manage costs and speed revenue from commercial adoption.
Tesla delivered 480,126 vehicles in Q2 2026, up 25% from a year earlier and well above Wall Street estimates, signaling stronger EV demand.
Apple raised prices on several Macs and iPads as memory chip costs climbed, prompting Wall Street to watch demand, margins and the next hardware cycle.