News

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.

RKLB expands mission software capabilities, strengthening integrated space solutions from launch planning to on-orbit operations.

L3Harris Technologies recently broke ground on two new facilities at its Arkansas Advanced Propulsion Facilities campus in Camden to expand PAC-3 missile propulsion production, while also securing two Foreign Military Sales orders for Falcon communication systems supporting Germany’s D-LBO and special operations forces. Together, the expanded U.S. propulsion footprint and fresh German orders highlight how L3Harris is deepening its role in both advanced missile systems and interoperable NATO...

The Pentagon awarded Lockheed Martin a seven-year contract to produce THAAD missile interceptors. Defense stocks tumbled this week.

Tony Bancroft, portfolio manager at Gabelli Funds and head of the firm’s commercial aerospace and defense ETF, argued in a recent CNBC segment that U.S. missile and aircraft production is on the cusp of a multi-year trend. His thesis rests on two pillars: immediate replenishment of arsenals depleted in recent conflict, and longer-term rearmament against ... Top National Security Investor: Missile Production Is About to Explode as U.S. Rebuilds Arsenal

KTOS' Defense Rocket Systems revenues jump nearly 46% in Q1 2026 as demand for missiles and propulsion systems grows.

Axon Enterprise has lagged behind the S&P 500 Index over the past year, yet analysts remain highly bullish about the stock’s growth prospects.

President Donald Trump said Wednesday the U.S. would resume attacks on Iran, after a Shahed drone downed a U.S. Apache helicopter. “We’re gonna be attacking them, attacking them very hard,” Trump told reporters, according to The Wall Street Journal. Defense stocks were down in midday trading.

LMT clears a key PrSM Increment 4 propulsion test, aiming for 620 miles range and faster production via $300M manufacturing bets.

L3Harris has underperformed the industrial sector lately, but Wall Street remains optimistic about the stock.

CGNT's fiscal Q1 2027 revenues rise 10% to $105.5M as demand grows for investigative analytics and new financial crime solutions.

The unmanned systems firm was flying high, but a plan to issue new stock and let insiders cash out sent shares into a nosedive.

Camden, Ark.—When the Pentagon put out an urgent call for rocket launchers and ammunition to send to Ukraine and replenish supplies at home in 2022, an answer came from an unlikely place: this remote southern pine-belt town, population around 10,000. Lockheed Martin one of the defense contractors clustered in the east part of Camden and already one of the town’s biggest employers, was reeling in government orders to produce more mobile rocket launchers. Other big defense contractors in the area also soon landed contracts to produce ammunition and expand their rocket facilities in Camden.

L3Harris Technologies, Inc. (NYSE:LHX) is among the 9 Best Drone Stocks to Buy According to Wall Street Analysts. As of the close of business on May 8, the stock is a Strong Buy with an average share-price upside potential of 30%. This is despite recent price target reductions following first-quarter financial results. On May 4, […]

Thursday morning, L3Harris reported unadjusted earnings per share of $2.72 from sales of $5.7 billion. Wall Street was looking for EPS of $2.58 from sales of $5.4 billion.