Aerospace & Defense

The focus for investors and traders will shift from inflation after the higher-than-expected figures last week to earnings and consumer spending habits. We have the Empire State Manufacturing Index data and the Fed’s Patrick Harker speaking Monday, then on Tuesday we have Retails Sales,...

Established in 2009, GlobalFoundries Inc (NASDAQ: GFS) has made significant strides in the semiconductor industry. Strategic decisions, technological innovations, and global expansions mark the company's evolution.  It has become a silent force, with its chips being integral...

The Chinese foreign ministry reportedly said the country is set to impose sanctions against the U.S. aerospace and defense firms Lockheed Martin Corp (NYSE: LMT) and Northrop Grumman Corp (NYSE: NOC). The decision by China comes after it alleged that the two companies provided...

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...

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...

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...

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...

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...

Although US stocks closed mostly higher on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock....

(Tuesday market open) The morning kicks off with more big banks beating analysts’ earnings expectations, but major indexes were barely changed in premarket trading. Retail Sales—an important barometer of consumer health—rose less than expected in June. Both Bank of...

Economists expect this morning’s retail sales data to show the strongest growth since January. If a recession is coming, somebody forgot to tell the consumer! Market Prices as of 4 pm EST, 7/17/23 Macro China represents the world’s largest market for chipmakers. In 2022, it was...

Wall Street Journal NBCUniversal's Peacock Streaming Service Raises Subscription Price For First Time Since Debut NBCUniversal has announced that Peacock's first price increase since the streaming platform debuted in 2020 will go into effect next month. The decision to raise...

Lockheed Martin Corp (NYSE: LMT) reported second-quarter FY23 net sales growth of 8.1% year-over-year to $16.69 billion, above the consensus of $15.91 billion. Adjusted EPS of $6.73 (+6.5% Y/Y) topped the consensus of $6.45. The gross margin contracted 14 bps to 12.5%. The...