Core Insights - Raytheon has introduced the APG-82(V)X radar, which enhances range and processing speed to address emerging threats [1] Company Overview - Raytheon is a business unit of RTX, focusing on advanced radar technology [1] Product Features - The APG-82(V)X radar is a next-generation system that builds on the capabilities of its predecessor, the combat-proven APG-82 radar [1] - The new radar system is designed to improve operational effectiveness in combat scenarios [1]

Core Viewpoint - AeroVironment (AVAV) is experiencing strong growth in unmanned systems, supported by strategic acquisitions and military contract wins, despite its steep valuation [1][2]. Company Overview - AeroVironment is a leading defense technology company based in Arlington, Virginia, specializing in unmanned aerial systems (UAS) with a market capitalization of approximately $14.4 billion [3]. Stock Performance - Over the past 52 weeks, AeroVironment stock has increased by 58%, closing at $288.08, which is about 3% below its 52-week high of $295.90 [4]. - Year-to-date, the stock has risen by 87%, driven by defense sector growth and increased demand for unmanned aerial systems [4]. Valuation Metrics - The stock is currently trading at a premium, with a forward earnings multiple of 78.15 and a forward sales multiple of 16.95, compared to sector medians and its historical averages [5]. Financial Performance - In the first quarter of fiscal 2026, AeroVironment reported revenue of $454.7 million, a 140% year-over-year increase, largely due to the acquisition of BlueHalo, which contributed $123.7 million to product revenue and $111.5 million to service revenue [6].

Advanced digital models improve data sharing internally and with suppliers EAST HARTFORD, Conn., Sept. 23, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, is accelerating the development of its XA103 engine for the U.S. Air Force's Next Generation Adaptive Propulsion (NGAP) program with the use of digital data packages. ...

SAN DIEGO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced that Elroy Air, a leading developer of autonomous aerial cargo systems for middle-mile logistics and military resupply, has selected Kratos as Elroy Air’s exclusive U.S. manufacturing partner for the Chaparral in a new five-year strategic manufacturing agreement to accelerate expected high-volume production of the C ...

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a global leader in space and defense technology solutions, today announced that its wholly owned subsidiary, Edge Autonomy, has delivered additional aircraft from its Penguin uncrewed aerial system (UAS) series to the Ukraine Armed Forces. Edge Autonomy has been contracted directly by the Ukraine Armed Forces, since the full-scale Russian invasion in February 2022, to deliver Penguin UAS for advanced combat-proven reconnaissa. ...

A late-stage startup, Radia, is proposing to use its colossal aircraft to transport military cargo, including fighter jets and Chinook helicopters.Windrunner Aircraft Promises Massive Cargo, Short-Runway OpsThe Windrunner, developed by Radia in Boulder, Colorado, is built to offer 12 times the cargo capacity of the Pentagon's main heavy-lift aircraft, Boeing's C-17 Globemaster III, according to Business Insider. Measuring 356 feet long with a 261-foot wingspan, the plane can transport payloads up to 344 fee ...

Core Insights - Volatus Aerospace Inc. has expanded its tactical intelligence, surveillance, and reconnaissance (ISR) drone contract by an additional C$700,000, raising the total contract value to approximately C$1.7 million, with deliveries expected to be completed in September 2025 [1][3] Company Overview - Volatus Aerospace is a Canadian leader in aerial intelligence and cargo solutions, providing innovative global aerial solutions for various industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure [4] - The company has over 100 years of combined institutional knowledge in aviation and is committed to enhancing operational efficiency, safety, and sustainability through advanced aerial technologies [4] Product and Market Position - The ISR drone systems offered by Volatus are designed for rapid deployment, day-and-night operations, and robust data capture, which enhances tactical situational awareness [2] - The expansion of the contract reflects the customer's confidence in Volatus' ability to deliver mission-critical ISR solutions on time and at scale, indicating a growing demand for scalable and cost-effective ISR capabilities across NATO member states [2][3]

NEW YORK (AP) — U.S. stock indexes slipped on Tuesday as Wall Street took a pause from its relentless rally. The S&P 500 dipped 0.6%. The Dow Jones Industrial Average dropped 88 points, or 0.2%, and the Nasdaq composite sank 0.9%. It’s the first pullback for the indexes after the trio set all-time highs in each of the last three days. Since surging from a bottom in April, the broad U.S. stock market has been facing criticism that it’s shot too high, too fast and become too expensive. Even the head of the ...

NEW YORK, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Lockheed Martin Corporation ("Lockheed Martin Corporation" or the "Company") (NYSE: LMT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lockheed Martin Corporation investors who were adversely affected by alleged securities fraud between January 23, 2024 and July 21, 2025. Follow the link below to get more information and be contacted by a member of our team: htt ...

New technology will accelerate advanced capability for the Navy's primary Strike Fighter PATUXENT RIVER, Md. , Sept. 22, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has successfully completed a major review of its new Advanced Electronic Warfare (ADVEW) prototype for the U.S. Navy's F/A-18E/F Super Hornet. ...