Core Insights - L3Harris Technologies, Inc. has secured its largest full-rate production contract for submarine communication systems, marking a significant milestone for the company [1] - The contract involves supplying 26 shipsets to General Dynamics Electric Boat for Virginia and Columbia-class submarines, with production continuing until 2033 and options for further expansion [2] Contract Details - The contract includes a follow-on agreement for ongoing production of submarine communication systems, with potential extensions for additional Columbia-class submarines and allied navies [2] - Additionally, L3Harris has obtained a $400 million contract from the Missile Defense Agency for producing solid rocket boost motors and Liquid Divert and Attitude Control Systems [2] Product Significance - The solid rocket boost motors are essential for the initial launch phase of the THAAD interceptor missile, while the Liquid Divert and Attitude Control Systems ensure precise targeting during the final intercept stages [4] - The THAAD system has achieved a 100% success rate in intercept tests, underscoring its importance for national security [5] Financial Impact - The new contracts are expected to enhance L3Harris Technologies' backlog in the Airborne Systems segment, which is projected to exceed $38.7 billion by 2025 [5] - The company provides comprehensive technology solutions across various domains, including air, land, space, sea, and cyber, contributing to national security [5]

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Company ParticipantsAris Bogdaneris - Group Head, Canadian BankingEbrahim Poonawala - Head Managing Director of American Banks ResearchFrancisco Aristeguieta - Group Head, International & Global Transaction BankingGabriel Dechaine - Managing Director, Equity ResearchMeny Grauman - Head of Investor RelationsRajagopal Viswanathan - CFOScott Thomson - CEOShannon McGinnis - Chief Risk OfficerTravis Manchin - Managing Director ...

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Company ParticipantsAris Bogdaneris - Group Head, Canadian BankingEbrahim Poonawala - Head Managing Director of American Banks ResearchFrancisco Aristeguieta - Group Head, International & Global Transaction BankingGabriel Dechaine - Managing Director, Equity ResearchMeny Grauman - Head of Investor RelationsRajagopal Viswanathan - CFOScott Thomson - CEOShannon McGinnis - Chief Risk OfficerTravis Manchin - Managing Director ...

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Speaker12Ladies and gentlemen, this conference is being recorded.Speaker10Good morning, welcome to Scotiabank's Q1 2026 results presentation. My name is Meny Grauman, and I'm Head of Investor Relations. Presenting to you this morning are Scott Thomson, Scotiabank's President and Chief Executive Officer, Rajagopal Viswanathan, our Chief Financial Officer, and Shannon McGinnis, our Chief Risk Officer. Following our comments ...

Fourth Quarter 2025 Earnings Call February 24, 2026 Confidential and Proprietary Disclosures Forward-looking Statements Our discussions today, including this presentation and any comments made by management, contain "forward-looking statements" within the meaning of the U.S. federal securities laws. Any statements that refer to future events or circumstances, including our future strategies or results, or that are not historical facts, are forward-looking statements. Actual results could differ materially f ...

Economic themes expected to feature prominently in President Trump's State of the Union address tonight. The speech coming just days after the Supreme Court struck down the president's so-called reciprocal tariffs. Joining us right now is Jason Ferman, former chair of the Council of Economic Advisors and Harvard's Kennedy School professor.Good morning to you. I imagine we will hear a lot about tariffs this evening. Curious is what your reaction to the Supreme Court ruling was and what you think the real imp ...

As it always does following each quarter, Berkshire Hathaway recently disclosed the stocks it held in its massive equities portfolio at the end of the fourth quarter of 2025. This is a particularly special filing for followers of Berkshire because it will ultimately be the last quarter that Warren Buffett was CEO of the company he led for over six decades and built into one of the greatest wealth-generating machines in history. While Buffett will remain chairman of the board of directors, the 95-year-old ...

Would you be shocked to learn that Amazon (NASDAQ: AMZN) stock has underperformed the broad market indices over the past five years? That's right: Even though the mega-technology company keeps posting impressive growth figures, it is only up 23% cumulatively from five years ago. The S&P 500 (SNPINDEX: ^GSPC) has produced a total return of 88% over that same time frame. Amazon's stock has underperformed the index due to investor concerns about losing the race in artificial intelligence (AI), large capital ...

ServiceNow's CEO is one of the first software execs buying shares in their own companies in the wake of the SaaS sell-off.Given that technology stocks have been fueling the stock market's gains for the past several years, you might find it surprising that one of the most beaten-up groups of stocks lately is part of the tech sector. The artificial intelligence (AI) tide has not lifted all boats, and the software-as-a-service (SaaS) space has been battered over the past year due to rising concerns that AI sys ...

AI has thrown a wrench into various pockets of the stock market this year. An investment chief says it also has the potential to cause problems in the debt market. Over the last few weeks, AI updates from Anthropic and other firms have threatened business models in numerous industries, but perhaps none more than software. Publicly traded software firms have seen their share prices decline sharply, and private companies have delayed IPOs after seeing valuations fall.The rout has created concerns that some fi ...