News

Axon has lagged behind the broader market over the past year, while analysts are highly bullish about its future growth potential.

Rocket Lab (RKLB) stock fell 39% between mid-June and September 10, while the S&P 500 gained 2.4%. The stock fell 39%—about twice as far as L3Harris Technologies, down 18.9%, and far more than Lockheed Martin, down 1.3%, and Northrop Grumman, down 5.3%—suggesting company-specific headwinds compounded broader sector softness. Yet the company just posted record revenue, and the CEO counts more than $1 billion of new contracts since Q2 2026 began. None of that changed the Neutron rocket's calendar.

LHX expands its missile-defense role with a $4.7 billion PAC-3 award, supporting propulsion production and manufacturing capacity expansion.

Rocket Lab (RKLB) trades near $64, about 57% below the high it set inside the last year, though it is still up 49.5% over twelve months against 19.7% for the S&P 500. The business did not break along the way. What changed is the wait: how long before Neutron flies, and how much cash goes out first.

Intuitive Machines has plunged 46.4% in three months, but record backlog and rising production face profitability, valuation and execution risks.

LHX's $1 billion strategic investment targets missile manufacturing expansion, creating a potential path for greater capacity and growth.

Recently, Artisan Partners highlighted L3Harris Technologies’ stronger-than-expected results, with 15% organic growth led by its space, mission systems, and missile solutions businesses, while Marotta Controls announced new contracts supporting the U.S. Navy’s Next Generation Jammer – Low Band program under L3Harris as prime contractor. Together, these developments underline L3Harris’ central role in next-generation defense electronics and mission systems even as investors weigh future...

The defense contractor’s shares have had a punishing year amid headlines that don’t hurt its solid fundamentals.

L3Harris Technologies, Inc. (NYSE:LHX) fell 4.6% on August 17 after abruptly replacing Chairman and CEO Christopher Kubasik following a board investigation that found his conduct was inconsistent with company values outlined in its Code of Conduct. The company said the matter was unrelated to financial reporting, controls, customer relationships or operational performance. That distinction mattered, […]

Coming into Tuesday trading, shares of 10 major defense contractors Barron’s looked at—including Lockheed Martin Northrop Grumman Huntington-Ingalls Industries and others—were down an average of 17% since fighting started in Iran. Only RTX and General Dynamics were up. U.S. defense spending is at a record high, European defense spending is growing, and the Iran war is teaching the American military how to build more autonomous weapons systems and smart munitions.

The defense contractor's board removed Christopher Kubasik and elevated Sam Mehta, who oversaw segments accounting for 80% of company revenue

L3Harris Technologies, the company that overhauled a Qatari plane now used as Air Force One, has replaced Christopher Kubasik as chairman and chief executive after an investigation determined he violated the defense contractor’s code of conduct. Kubasik’s alleged conduct didn’t involve and has no impact on the Melbourne, Fla., company’s financial reporting, controls, customer relationships or operational performance, L3Harris said Monday. Explanation: The company didn’t give details on when it received a report of the potential violation.

It’s always noteworthy when a CEO of a multibillion-dollar company agrees to resign without severance and other perks. L3Harris only said that an investigation found the CEO had violated the company’s code of conduct and that his alleged behavior wouldn’t impact the company’s financial performance, business relationships and operations. The company may have reasons to stay silent, but the secrecy could also be a bad sign—if it continues and if the company doesn’t discuss Kubasik’s actions even with its employees, according to Guido Palazzo, a professor at Switzerland’s Université de Lausanne and co-author of last year’s book “The Dark Pattern: The Hidden Dynamics of Corporate Scandals.”

L3Harris Technologies (LHX) drew fresh attention after the board removed Chairman and CEO Christopher Kubasik for a code of conduct violation and installed insider Sam Mehta as chief executive, while reaffirming full year guidance. See our latest analysis for L3Harris Technologies. The leadership upheaval comes after a period where L3Harris Technologies’ share price has been under pressure in the short term, with the stock down over the past week and quarter, even as the 1 year total...

Investors hate uncertainty, and there's a whiff of it around this defense stock today.

The defense contractor preserved guidance, but investors punished the surprise leadership break.

RTX won a $22.9 billion Navy contract aimed at dramatically increasing Tomahawk missile production. L3Harris, General Dynamics, and other defense companies could benefit from the ramp-up.

L3Harris Technologies CEO Christopher Kubasik was replaced after the company became aware of conduct “that was not consistent with the values” of the company.

The defense contractor that overhauled the Qatar-donated jet to be Air Force One has replaced Christopher Kubasik.

L3Harris on Monday replaced Chairman, CEO Christopher Kubasik over conduct concerns following investigation. LHX stock falls.

L3Harris Technologies (NYSE:LHX) shares dropped around 2. 7% in premarket trading on Monday after the defence contractor announced that Chairman and Chief Executive Officer Christopher Kubasik had left the company with immediate effect following a review of his conduct.

Investing.com -- L3Harris Technologies shares fell roughly 2.7% in premarket trading Monday after the defense contractor announced the immediate departure of CEO Christopher Kubasik following a conduct review.

Intuitive Machines (NasdaqGM:LUNR) has been selected as a key supplier for L3Harris Technologies’ Accelerated Missile Defense Tranche 3 mission. The company will provide 18 spacecraft platforms that form part of U.S. space-based missile defense infrastructure for homeland defense and hypersonic missile tracking. The contract expands Intuitive Machines’ role within a core national security program and broadens its exposure to the defense market. For readers tracking how specialized space and...

Intuitive Machines landed a contract from L3Harris to build 18 Spacecraft for the U.S. Missile Defense Program.

Rocket Lab stock is well off its high again, and its shock record says the most serious damage comes from rate moves rather than from anything on the launch pad.

L3Harris Technologies (NYSE:LHX) has signed multi year propulsion agreements with the Department of War and Lockheed Martin. The contracts cover missile propulsion production for the PAC 3 MSE and THAAD defense systems. The agreements are described as transformative and are intended to nearly triple and quadruple propulsion output for these programs. L3Harris Technologies sits at the center of key U.S. missile defense programs as a propulsion supplier for PAC 3 MSE and THAAD systems. For...

The U.S. has fired a lot of missiles lately, leaving the Defense Department motivated to quickly replace and grow its missile stocks. “When you add the $54 billion dollars in this contract modification, you’re pushing $300 billion dollars of backlog for the company,” said CEO Jim Taiclet on Fox Business. Lockheed is tripling production of its PAC-3 missiles.

The defense contractor reported second-quarter earnings per share of $3.13. Wall Street was looking for $2.80.

The company landed a new government contract, so why did the stock suffer one of its worst days of the year.

President Donald Trump said the ceasefire with Iran might be over. “To me, I think it’s over, I don’t want to deal with them anymore,” Trump told reporters at a NATO summit in Ankara on Wednesday, according to the Wall Street Journal. U.S. Central Command said American forces hit more than 80 targets in a new round of strikes against Iran Tuesday.