Industrials

Lockheed Martin Corp (NYSE: LMT), the leading U.S. defense contractor, could see over $800 million in payments held back until June as it awaits approval for software crucial to its advanced F-35 fighter jet, per newly disclosed figures. What's Happening:  The weapon maker...

Lockheed Martin Corporation (NYSE: LMT) said its joint venture with RTX Corporation (NYSE: RTX) - Javelin Joint Venture - has inked a MoU to manufacture Javelin anti-tank weapon system in Poland. Javelin Joint Venture inked the initial pact with Poland's state-...

Lockheed Martin Corporation (NYSE: LMT) updated its F-35 Technology Refresh 3, or TR-3, schedule projections, anticipating the delivery of the first TR-3 jet between April and June 2024. The TR-3s were expected to be delivered by 2023, the company had earlier said in its Q2 earnings...

Lennox International Inc (NYSE: LII) has entered into a definitive agreement to sell its Hyfra Process Cooling business unit, headquartered in Krunkel, Germany, to the Glen Dimplex Group. The financial terms of the transaction were not disclosed. "Divesting this European...

The U.S.Navy awarded Sikorsky, a Lockheed Martin Corp (NYSE: LMT) company, a $2.7 billion contract to build and deliver 35 additional CH-53K helicopters. The order is the largest procurement to date for this multi-mission aircraft. The contract is expected to advance Sikorsky...

Morgan Stanley analyst Ravi Shanker said that International travel has seen a reliable and durable surge, post slowdowns.  Going back to the 1970s, following almost every major economic downturn, U.S. passport issuance has roughly doubled in the 5 years since the end of the downturn and...

Lockheed Martin Corporation (NYSE: LMT) has received a contract worth $816 million to deliver 36 small satellites to Space Development Agency's communications network.  Under the deal, KMT will develop 36 Tranche 2 Transport Layer (T2TL) Beta satellites for SDA. With this...

U.S. stocks traded lower toward the end of trading, with the Dow Jones falling more than 100 points on Thursday. The Dow traded down 0.35% to 34,645.66while the NASDAQ fell 0.59% to 13,395.39. The S&P 500, also fell, dropping, 0.28% to 4,392.16 Check This Out: NVIDIA To Rally Around 84%?...

RBC Capital Markets analyst Deane Dray initiated coverage on Lennox International Inc (NYSE: LII) at Sector Perform rating with a price target of $391. The analyst notes Lennox has benefited from secular Indoor Air Quality and WFH trends, and its ROIC of 35% is the best in class...

Gainers PhenomeX Inc. (NASDAQ: CELL) shares surged 138.3% to $0.9532. Bruker Corporation and PhenomeX reported a $108 million definitive agreement for Bruker to acquire PhenomeX in an all-cash transaction for $1 per share. Tivic Health Systems, Inc. (NASDAQ: TIVC) shares jumped 39.1% to $0.0932....

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 50 points on Thursday. The Dow traded down 0.15% to 34,714.53 while the NASDAQ fell 0.32% to 13,432.16. The S&P 500, also fell, dropping, 0.06% to 4,401.60. Check This Out: NVIDIA To Rally Around 84%?...

Gainers Nuburu, Inc. (NYSE: BURU) shares jumped 185.6% to $1.6593 after the company announced contract with NASA to demonstrate feasibility of power beaming in space using the company’s blue laser technology. Vivos Therapeutics, Inc. (NASDAQ: VVOS) gained 91.1% to $0.4987 after falling...

After an upbeat second quarter, Amazon.Com, Inc (NASDAQ: AMZN) shared plans to launch the first two test satellites for its Project Kuiper constellation on United Launch Alliance's Atlas V rocket this fall. The company previously planned to launch the...

Gainers Missfresh Limited (NASDAQ: MF) jumped 168% to $1.38 after the company announced entry of share purchase agreements for financing and business acquisition. United States Cellular Corporation (NYSE: USM) shares jumped 68.4% to $29.50 following quarterly results. TDS and US Cellular have each...

H.C. Wainwright analyst Scott Buck initiated coverage on Terran Orbital Corporation (NYSE: LLAP) with a Buy rating and a price target of $5. With an existing backlog of $2.6 billion, a customer base that includes the U.S. Department of Defense, NASA, and the European Space...