Business
Raytheon Wins $745 Million MDA Contract for SM-3 IIA Interceptors
Raytheon, an RTX business, won a $745 million Missile Defense Agency contract for SM-3 IIA interceptor production and sustainment through 2031.
Business
Raytheon Wins $745 Million MDA Contract for SM-3 IIA Interceptors
Raytheon, an RTX business, won a $745 million Missile Defense Agency contract for SM-3 IIA interceptor production and sustainment through 2031.
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Northrop Grumman Signs $3 Billion Missile Defense Production Frameworks
Northrop Grumman signed two seven-year framework agreements worth more than $3 billion to expand PAC-3 MSE and THAAD missile component production.
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Pentagon Signs Framework Deals to Expand Patriot and THAAD Component Production
The Pentagon signed Aug. 3 framework deals with Lockheed Martin and Northrop Grumman to expand Patriot PAC-3 and THAAD component production.
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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.
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Rheinmetall wins $1.1 billion share of UK Army training deal
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 to buy U.S. Tomahawk missiles and base them at home
Germany plans to buy U.S. Tomahawk missiles and station them at home, adding long-range strike capacity. Quantities, value and timing remain unclear.
Rheinmetall, MBDA win German Navy laser weapon development contract
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.
Major Banks Initiate Bullish SpaceX Coverage as Quiet Period Ends
JPMorgan, Goldman Sachs and Morgan Stanley led major banks initiating bullish ratings on SpaceX after its post-IPO quiet period ended.
U.S. Army Awards Lockheed $9.8 Billion Patriot Missile Contract
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.
U.S. Army launches FUZE to speed new technology to soldiers
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 Forms 6,000-Person Enterprise AI Unit to Speed Business Deployments
Microsoft is creating a 6,000-person enterprise AI unit to help businesses deploy AI, manage costs and speed revenue from commercial adoption.
Tesla Q2 Deliveries Rise 25%, Beating Wall Street Forecasts
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 Price Hikes Put Demand Resilience Under Wall Street Focus
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.
Editor's Pick
Anthropic and OpenAI Test the Rules for Valuing AI Revenue
AI · · 6 min read
Combined private-market valuations above $1 trillion rest on revenue growth that is real but far smaller, forcing investors to separate consumption run rate from durable recurring revenue.
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