German Chancellor Friedrich Merz says any US deliveries of Patriot air-defense systems to Ukraine remain open a week after he lobbied Donald Trump to dispatch the hardware https://t.co/PYLY5LWTV0 ...

European countries are spending hundreds of billions on defense as they deal with a resurgent threat from Russia.To rebuild their armies, they're turning to part-timers, conscripts and reserves: https://t.co/jRrwZsbGAf📷: Carsten Snejbjerg/Bloomberg https://t.co/IyU3ZbbJit ...

Hong Kong’s currency defense has become a balancing act that threatens its nascent economic recovery https://t.co/N6ITT51GRj ...

Welcome back. As we mentioned, Republicans are gearing up to run on the so-called one big beautiful bill in the 2026 midterm elections. But there are a couple of incumbent Republicans and key battleground seats who already know they won't have to worry about making their case to voters.During the height of the debate over the bill, North Carolina Senator Tom Tillis announced that he will not be seeking another term. He ultimately voted against the package. And now, Nebraska Republican Don Bacon also says he ...

Core Insights - Lockheed Martin Corp. (LMT) has delivered the first Aegis System Equipped Vessel (ASEV) shipset to the Japan Ministry of Defense, marking a significant step in the U.S.-Japan security alliance [1][2] - The delivery highlights Lockheed's growing presence in the radar market, particularly with its SPY-7 radar, which is noted for its advanced capabilities and international demand [3] - Despite the positive developments, LMT's stock has underperformed compared to industry peers and broader market indices, raising concerns for potential investors [5][6] Delivery and Strategic Importance - The first ASEV shipset includes four AN/SPY-7(V)1 radar antennas, with two ASEVs expected to be commissioned by March 2027 and 2028 [1] - This delivery reinforces the long-standing security alliance between the U.S. and Japan, with Lockheed providing advanced defense technologies [2] Market Position and Product Demand - Lockheed's SPY-7 radar is recognized as one of the most powerful and versatile radars globally, contributing to its rising international demand [3] - The radar technology is set for deployment on naval vessels in Spain and Canada, indicating its broad acceptance in the international market [3] Stock Performance and Valuation - LMT shares have declined by 4.7% year-to-date, underperforming the Zacks Aerospace-Defense industry's growth of 21.8% and the S&P 500's return of 5.4% [5] - The company's forward 12-month price-to-earnings (P/E) ratio is 16.21X, which is lower than the peer group's average of 18.25X, suggesting a discounted valuation [16] Long-Term Growth Drivers - The F-35 program is a key long-term growth driver for Lockheed, with 1,149 F-35 airplanes delivered as of March 30, 2025, and a backlog of 361 jets [7][10] - Lockheed's international defense contracts, including PAC-3 missiles and THAAD systems, further support its long-term growth expectations [11][12] Near-Term Estimates - The Zacks Consensus Estimate for LMT's 2025 and 2026 sales indicates year-over-year improvements of 4.7% and 3.7%, respectively [13] - However, earnings estimates for 2025 suggest a decline, while a 9.1% increase is expected for 2026 [13] Industry Context - Lockheed's industry peers, such as Boeing and Embraer, have shown substantial stock gains year-to-date, with Embraer rising by 62.6% [6] - The defense sector faces challenges, including labor shortages that could impact production and operational performance [18][19]

President Trump is considering sending an additional Patriot air-defense system to Ukraine after vowing in recent days to strengthen Kyiv against Russian attacks https://t.co/C3RlG5ypKi ...

European VC breaks taboo by investing in pure defense tech from Ukraine's war zones | TechCrunch https://t.co/MxP7VxcyNm ...

LVM Capital Management bought a $3.16 million stake in Northrop Grumman last quarter.What happenedLVM Capital Management increased its holding in Northrop Grumman (NOC -0.44%) by 6,237 shares during Q2 2025, bringing its total stake to 39,485 shares valued at $19.74 million. The purchase, disclosed in a Securities and Exchange Commission (SEC filing) for the period ending Q2 2025, totaled $3.16 million and adjusted the fund’s NOC allocation to 2.05% of its reportable assets.What else do you need to know?Top ...

Key Takeaways LMT benefits as Ukraine relies on its Patriot system to counter Russian missile attacks. Lockheed increased PAC-3 output 30% in 2024, targeting another 20% rise in 2025 to meet global demand. HIMARS use in Ukraine drives LMT to boost annual output from 48 to 96 units by end of 2025.The long-standing war between Russia and Ukraine, particularly since Russia launched its full-scale invasion in February 2022, has once again intensified in recent weeks after ceasefire talks got largely stalled. ...

The EU pledges to use its trade defense powers and state aid measures to shield the continent’s chemicals makers from high energy costs and intensifying US and Chinese competition https://t.co/MiPgeloc1R ...