Well, for more on how this might impact markets and investors, let's bring in Terry Haynes. He is founder of political forecasting firm Fangia Policy and former head of US policy and political analysis at Evercore ISI. Terry, it's great to have you on.Let's start right there. Can we get a bill across the finish line here by July 4th. And how much now hinges on the Senate bill going back to the House to do it.Good afternoon, Morgan and John. Uh firstly, I think it's entirely possible that they can get it don ...

We are back with an update to Josh's best stocks in the market. I'll send it to you for that. What do you want to talk about.Uh I think obviously the thing that we have to talk about is the defense sector. We've got a bunch of these names on the best stocks list. We've been talking about them and last week of course they broke out on the heels of the conflration in the Middle East getting uh hotter.We talked about Axon and we talked about RTX on May 19th. from that date. RTX is up about 8 and a half%, Axon' ...

Group 1: Boeing's Expansion Plans - Boeing anticipates a significant expansion in operations in Europe over the next 10 years, focusing on both services and additional programs [2] - The ongoing war in Ukraine and increasing isolationism in the US are driving European governments to boost their defense spending [2] Group 2: Defense Spending and Geopolitical Tensions - There is a growing threat in Europe, prompting countries to increase their defense spending, with expectations of new pledges at the upcoming NATO summit [3] - The need for industrial self-reliance and European autonomy is influencing how countries procure defense resources [3] Group 3: Global Supply Chain and Partnerships - The aerospace supply chain is inherently global, necessitating collaboration between US and European companies for component sourcing [5] - Boeing emphasizes the importance of local partnerships, stating that some European companies can provide better services than Boeing itself [5] Group 4: Geopolitical Context at the Paris Air Show - Geopolitical issues overshadowed the Paris Air Show, with restrictions placed on Israeli defense companies' displays due to French government orders [4][8] - Attendance from Middle Eastern countries has significantly decreased, impacting expected engagements at the air show [8]

Key Takeaways Raytheon secured an $18.3M contract for full-rate SM-6 Tactical All-Up Round production. The SM-6 defends against diverse threats and supports 60 naval ships, with 500 units delivered. Work under the contract will occur in Tucson and East Camden, with completion set for May 2029.RTX Corporation’s (RTX) unit, Raytheon, recently secured a $18.3 million modification contract for exercising an option for the manufacturing, assembly, testing and delivery of Standard Missile-6 (SM-6) Tactical All- ...

Let's start with your word of the day, Kevin. My word of the day, Frank, is restrictive. Now, the geopolitical events are dominating the headlines and for good reason, but we do have a Fed meeting this week and I think markets are going to be paying very close attention to the path of interest rates and I could make a case that I think that we're already in territories where we're getting a little restrictive and we need to start having a conversation at least about rate cuts.All right. So, I think we need ...

I think let's work for a sustainable negotiated agreement with the United States and I'm hopeful that we can achieve that. I think that we have to do with an administration in the US who is um trying to push us against the wall but at the same time these are our friends longstanding friends and therefore I'm confident that also at the G7 and thereafter we can find an a basis for uh the US to be and to continue to be a partner in security issues and we discuss it in NATO and on trade relations. Let's not loo ...

First project under NASAMS collaborative arrangement PARIS, June 17, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in collaboration with the Norwegian government and Kongsberg Defence and Aerospace, announced that the Kingdom of Norway will join in the development of the GhostEye® radar, an advanced mobile medium-range air and missile defense sensor for the National Advanced Surface-to-Air Missile System, or NASAMS®. The radar will be designed and developed by Raytheon in the United States, wi ...

Company Overview - Byrna has sold over 500,000 launchers in the last 5 years[18] - The company has over 500 dealer locations[18] - Byrna has 180 US employees[18] Market Opportunity - The US consumer market presents a total addressable market of $250 billion, divided between gun owners ($100 billion) and non-gun owners ($150 billion)[22] - The company is targeting a penetration of 5% of non-gun owners and 10% of gun owners, representing a potential market of approximately $17.5 billion[22] - The company has 285,000 unique e-commerce customers[20] Financial Performance - The company's revenue increased from $42.644 million in 2023 to $85.756 million in 2024[45] - Gross profit increased from $23.647 million in 2023 to $52.772 million in 2024[45] - The company achieved net income of $12.792 million in 2024, compared to a net loss of $8.192 million in 2023[45] - Adjusted EBITDA increased from a loss of $2.001 million in 2023 to a profit of $11.478 million in 2024, representing an Adjusted EBITDA margin of 13.4%[45] - Total DTC orders increased by 72% from $14.707 million in Q4 2023 to $25.289 million in Q4 2024[40] - Total revenue increased by 79% from $15.640 million in Q4 2023 to $27.979 million in Q4 2024[40] Growth Strategy - The company is expanding its retail presence with flagship stores, including locations in Scottsdale, AZ, Franklin, TN, and Salem, NH, with a Las Vegas store already generating over $1 million in revenue with a 30% contribution margin[43]

US tech firms have been deepening ties to the Middle East with Gulf States investing heavily in AI. But as this geopolitical turmoil in the region heats up, Debos is looking at how those ties are starting to expose the risks of that so-called sovereign AI bucket we talked so much about last month, Steve. So much about.And remember, Carl, that sovereign AI, it was supposed to be the next big thing. A wave of national efforts across the Middle East and beyond picking up where China left off after US exports c ...

Key Takeaways LMT rose 3.6% on June 13 after news of Israel's strike on Iran sparked renewed war concerns. Lockheed supplies Israel with F-35s, MLRS, and other defense gear, supporting demand amid conflict. Analysts' high price target of $670 for LMT reflects a 43% upside over its average Zacks estimate.The long-standing conflict between Israel and Iran escalated recently, with both sides reportedly involved in missile and drone exchanges that caused casualties and property damage. While such hostilities ...