Tag: Aerospace and Defense

Lockheed Martin raises 2026 outlook as sales of jets and weapon systems grow

Lockheed Martin (LMT) on Thursday forecast 2026 profit and revenue above Wall Street expectations, citing continued demand for its fighter jets and weapons systems.

General Dynamics Corporation (GD) Secures Major Navy Contract as Defense Spending Ramps Up

General Dynamics Corp (GD) is one of the defense & aerospace stocks gaining from rising geopolitical spending. On January 12, General Dynamics Corp (GD) confirmed that its information technology unit has secured a $988 million contract for the Ship and Air Command, Control, Communications, Computers, Combat, Intelligence, Surveillance, and Reconnaissance (C5ISR) Systems Support (SACSS).

RTX Stock Jumps After Earnings. It Has ‘Great Momentum,’ Says CEO.

Shares of RTX (RTX) rose Tuesday after the defense and aerospace company reported better-than-expected quarterly earning.

Boeing’s quarterly sales jump 57% as CEO says there’s ‘a lot to be optimistic about’

Boeing reported revenue ahead of Wall Street expectations for the fourth quarter as the company’s turnaround picked up steam following years of crises.

ΕΤΕπ – Πειραιώς: Deal χρηματοδότησης €100 εκατ. στους τομείς άμυνας και ασφάλειας

Συμφωνία-ορόσημο υπέγραψαν η Τράπεζα Πειραιώς και η Ευρωπαϊκή Τράπεζα Επενδύσεων, σηματοδοτώντας τη θεσμική είσοδο της Ελλάδας στο πανευρωπαϊκό χρηματοδοτικό οικοσύστημα ασφάλειας και άμυνας της ΕΤΕπ.

Pentagon to invest $1 billion in L3Harris rocket motor business, shares surge

The U.S. government will invest $1 billion in L3Harris Technologies’ (LHX) growing rocket motor business, guaranteeing a steady supply of the much-needed motors used in a wide range of missiles such as Tomahawks and Patriot interceptors.

Metlen: Εξαγόραζει NK Trailers, 6ο εργοστάσιο στο αμυντικό hub στο Βόλο

Η Metlen ανακοίνωσε την εξαγορά της NK Trailers – Το 6ο εργοστάσιο στο αμυντικό hub του Βόλου – Η δέσμευση στο Λονδίνο

Defense stocks surge after Trump calls for $1.5 trillion military budget in 2027

Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027.

L3Harris sells 60% stake in space propulsion business for $845 million

 L3Harris Technologies (LHX), opens new tab said on Monday it will sell an about 60% stake in its space propulsion and power systems business to private equity firm AE Industrial Partners for $845 million, including debt.

Air China to buy 60 Airbus planes worth $9.5 billion

China’s flagship carrier Air China said on Tuesday it and a subsidiary had signed a pact with Airbus to buy 60 A320NEO jets in a deal worth about $9.5 billion at list prices.

Boeing Gets $8.6B Grant to Build Aircraft for Israel Air Force

Boeing was awarded a contract for up to $8.58 billion from the U.S. Air Force to build fighter jets for the Israeli Air Force.

European defense stocks slide amid Ukraine peace talks; Leonardo falls 4%, Rheinmetall slips 2.6%

European stocks opened the last trading week of the year in largely flat territory.

Honeywell says it has a $470 million Flexjet problem, and a lowered profit outlook

Shares of Honeywell International fell in early Monday trading after the aerospace and industrial-automation company lowered its full-year earnings outlook and updated investors on its expectations surrounding the Flexjet lawsuit.

SpaceX Is Worth $800 Billion, Report Says. It’s Only the Beginning.

On Friday, Bloomberg reported that SpaceX had set a secondary share sale, which valued the start-up at about $800 billion, citing a company memo. The price in the secondary offering was $421 a share, the report said, up from a July price of about $212 from a private-market transaction.

Mevaco: Νέα σύμβαση 6,5 εκατ. ευρώ για παραγωγή μεταλλικών βάσεων Φ/Β Πάρκου στην Βόρεια Ελλάδα

Nέα σύμβαση για την κατασκευή-παραγωγή και προμήθεια μεταλλικών βάσεων Φωτοβολταικού πάρκου στη Βόρεια Ελλάδα, συνολικής εκτιμώμενης συμβατικής αξίας 6,5 εκατ. ευρώ περίπου συνήψε η Mevaco.

Elon Musk’s SpaceX to raise over $25 billion in blockbuster 2026 IPO, source says

Elon Musk’s SpaceX is looking to raise more than $25 billion through an initial public offering in 2026, a move that could boost the rocket-maker’s valuation to over $1 trillion, a person familiar with the matter told Reuters on Tuesday.

Airbus shares fall as much as 10% on reports of new quality issue on dozens of A320 aircraft

Shares of European aerospace giant Airbus fell as much as 10% on Monday, following reports the company has discovered an industrial quality issue regarding dozens of A320-family aircraft.

Leonardo unveils ‘Michelangelo Dome’ as Europe looks to bolster sovereign defense systems

Italian defense company Leonardo on Thursday unveiled plans for an AI-powered shield for cities and critical infrastructure, adding to Europe’s push to ramp up sovereign defense capabilities amid rising geopolitical tensions.

Emirates bets big on Boeing with $38 billion order at Dubai Airshow

Emirates said Monday it has placed an order for 65 additional Boeing 777-9 aircraft, worth $38 billion at list prices, on the opening day of Dubai Airshow 2025.

US orders 10% flights cut at major US airports due to shutdown

U.S. Transportation Secretary Sean Duffy said on Wednesday that he would order a 10% cut in flights at 40 major U.S. airports, citing air traffic control safety concerns as a government shutdown hit a record 36th day.