Ondas stock is showing exceptional strength. What’s fueling ONDS momentum?Military Action Fears Lift SharesU.S. defense stocks broadly moved higher after reports signaled the Trump administration is edging closer to possible military action, and prediction markets sharply increased the implied odds of a strike in the coming weeks.Vice President JD Vance added to the tension by suggesting diplomacy with Tehran could reach its "natural end" and stressing that President Donald Trump reserves the right to use m ...

Core Insights - Elbit Systems has been awarded contracts worth approximately $277 million for the supply of 30mm turrets and munitions by an international customer, to be executed over three years [1] Group 1: Contract Details - The contracts involve the UT30MK2 turret, which is designed for both manned and unmanned configurations, enhancing the firepower of armored personnel carriers while ensuring troop safety [1] - The UT30MK2 features a modular design that allows for easy conversion between configurations and integration of various weapon systems, including a 30mm main gun and a coaxial 7.62mm [1] Group 2: Company Overview - Elbit Systems is a leading global defense technology company, employing approximately 20,000 people across five continents and focusing on advanced solutions for security [1] - The company reported revenues of $1,922 million for the three months ending September 30, 2025, and has an order backlog of $25.2 billion as of that date [1]

Management attributed 2025 outperformance to the North Star 2030 strategy alignment with administration priorities, specifically in defense tech and mission systems. Revenue growth was normalized to approximately 4% after accounting for a six-week government shutdown and an extra work week in the prior year comparison. The company is shifting from strategy formulation to 'firmly in strategy execution mode' with a focus on integrating commercial technology into hardware and software solutions. A majo ...

Core Insights - Leidos reported mixed Q4 results, beating earnings expectations but missing revenue estimates due to a government shutdown and timing factors [1] - The company achieved record free cash flow of $452 million, more than doubling from the previous year, and net income increased by 18% year-over-year [1] - Leidos announced a $2.4 billion acquisition of Entrust, enhancing its energy infrastructure capabilities, and reported a total backlog of $49 billion [1] Financial Performance - Non-GAAP diluted EPS for Q4 was $2.76, exceeding the consensus estimate of $2.66 by 3.8% [1] - Revenue for Q4 was $4.21 billion, falling short of the $4.40 billion estimate by 4.4%, reflecting a 3.6% year-over-year decline [1] - Operating cash flow reached $495 million, marking the best Q4 performance ever, with free cash flow achieving a 127% conversion rate [1] Strategic Moves - The acquisition of Entrust for $2.4 billion is aimed at expanding Leidos's capabilities in energy infrastructure [1] - Major contract wins include a $2.2 billion award for Air Force air base defense systems and a position on the MDA's SHIELD IDIQ with a $151 billion ceiling [1] - Total backlog reached $49 billion with a 1.3x book-to-bill ratio in Q4, indicating strong future revenue potential [1] Future Guidance - For fiscal 2026, Leidos provided revenue guidance of $17.2 billion to $17.8 billion and non-GAAP EPS guidance of $12.10 to $12.60, suggesting continued margin expansion and earnings growth [1]

Leidos (NYSE:LDOS) Q4 2025 Earnings call February 17, 2026 08:00 AM ET Company ParticipantsChris Cage - EVP and CFOColin Canfield - DirectorGavin Parsons - Director or Aerospace and Defense Equity ResearchKen Herbert - Managing DirectorScott Mikus - DirectorSeth Seifman - Executive DirectorStuart Davis - VP of Investor RelationsThomas Bell - CEOTobey Sommer - Managing DirectorConference Call ParticipantsGautam Khanna - AnalystGreg Konrad - AnalystJohn Godden - AnalystJonathan Siegman - AnalystOperatorBe adv ...

Core Viewpoint - JFB Construction Holdings has announced a merger with XTEND, a software-driven defense technology company, to create a new entity named XTEND AI Robotics, which will focus on AI-driven autonomous defense and security solutions [1][2][7]. Company Overview - JFB Construction Holdings specializes in residential and commercial construction, with extensive experience in building multi-family residential communities, shopping centers, and over 2 million square feet of commercial and retail space [8]. - XTEND is a defense and security technology company that develops autonomous systems for defense, public safety, and private security applications, utilizing its proprietary XOS operating system [9]. Merger Details - The merger will be executed as a stock-for-stock transaction, with strategic investments from notable figures and companies, including Eric Trump and American Ventures, LLC [1][7]. - Post-merger, XTEND shareholders will own approximately 70% of the new company, while JFB shareholders will hold about 30%, excluding shares reserved for equity incentive plans [3]. Strategic Implications - The merger aims to enhance U.S. manufacturing capabilities and accelerate the delivery of XTEND products to U.S. and NATO allies, as well as Asian customers [2]. - The combined entity will leverage XTEND's AI-driven operating system and JFB's infrastructure to create a next-generation defense technology platform [3][7]. Operational Impact - The headquarters and production facilities of the merged company will be located in Tampa, Florida, positioning it as a leading supplier of AI-driven autonomous defense solutions in the U.S. [2]. - The merger is expected to support capacity expansion at XTEND's Tampa production base, enhancing domestic manufacturing capabilities compliant with NDAA standards [2]. Approval and Timeline - The merger has received unanimous approval from both companies' boards and written consent from JFB shareholders holding a majority of the issued common stock [4]. - The transaction is anticipated to be completed by mid-2026 [4].

Core Viewpoint - JFB Construction Holdings is merging with XTEND, a defense technology company, in an all-stock transaction, aiming to create a leading provider of AI-driven autonomous defense and security solutions [1][7]. Company Overview - JFB Construction Holdings specializes in real estate development and construction, with extensive experience in residential and commercial projects across 36 US states [9][10]. - XTEND is a software-first defense technology company that focuses on autonomous systems for defense, public safety, and private security, utilizing its proprietary XOS operating system [11]. Transaction Details - The merger will result in the formation of a new entity named XTEND AI Robotics, which will be listed on Nasdaq under the ticker "XTND" [1]. - The implied acquisition value of the merger is $1.5 billion, based on the share price in a concurrent private placement [7]. - Upon completion, XTEND shareholders will own approximately 70% and JFB shareholders will own about 30% of XTEND AI Robotics on a fully diluted basis [4]. Strategic Implications - The merger is expected to enhance domestic production capacity at XTEND's facility in Tampa, Florida, and accelerate product delivery to customers in the US, NATO allies, and Asia [2]. - The combined company aims to leverage XTEND's AI-driven operating system and JFB's infrastructure to scale manufacturing and support next-generation defense technology [4]. Leadership Insights - Aviv Shapira, CEO of XTEND, highlighted the growing demand for systems that protect operators in volatile security environments, viewing this merger as a significant market opportunity [3]. - Joseph F. Basile III, CEO of JFB, emphasized the scalability of XTEND's AI-driven platform and the potential to enhance US manufacturing capabilities [4]. Approval and Timeline - The merger has received unanimous approval from the boards of both companies and majority consent from JFB shareholders, with expectations to close the transaction in mid-2026 [5].

Core Insights - RMX Industries, Inc. positions its VAST™ video compression platform as essential for next-generation Counter-Unmanned Aircraft Systems (C-UAS) networks, addressing the U.S. military's urgent need for advanced drone detection and neutralization capabilities [1] - The Department of War has requested $3.1 billion for C-UAS projects in FY2026, highlighting the increasing investment in defense technologies to counter evolving drone threats [1] - VAST™ enhances bandwidth efficiency, allowing for the integration of multiple sensor types over constrained networks, which is critical for effective C-UAS operations [1] Industry Context - The U.S. military is accelerating the deployment of integrated sensor networks to protect forces and installations, with significant funding allocated for C-UAS initiatives [1] - Recent contracts, such as the Marine Corps' $642 million Installation C-UAS program, reflect the scale of investment in C-UAS technologies [1] - The Drone Dominance Program (DDP), a $1.1 billion initiative, aims to deploy low-cost unmanned attack drones, indicating a strategic shift towards both offensive and defensive drone capabilities [1] Technology Overview - VAST™ compresses and conditions video at the source, enabling high-fidelity streams to traverse bandwidth-constrained networks without degrading quality [1] - The platform is infrastructure agnostic, supporting various network types including HF, VHF, UHF, SATCOM, and terrestrial networks [1] - VAST™ reduces video data requirements by up to 50%, maintaining necessary image quality for threat classification, which is crucial for timely military responses [1]

year 2025 was 7.2%, compared to 4.6% in the prior year. On a non-GAAP basis, operating margin for the year was 8.7% compared to 6.4% in the prior year. The increase in segment profitability for the quarter and year was primarily driven by a more profitable business mix and improved program execution.Defense SystemsDefense System revenues were $546 million for the quarter and $2.18 billion for the year, up 1% and 7% over the comparable 2024 periods, respectively, driven primarily by higher production volumes ...

Core Viewpoint - CACI International is focusing on long-term growth and leveraging artificial intelligence (AI) to enhance operational efficiency and data processing capabilities, particularly in the areas of space-based and airborne imagery, while reaffirming its fiscal guidance and addressing recent stock volatility [2][3][4]. AI and Technology Integration - CACI sees AI as a tailwind rather than a threat, with plans to utilize AI and computer vision to improve the processing of space and airborne imagery, where only about 7% of collected data is currently reviewed [1][5]. - The company has transitioned to an outcome-based model, which emphasizes efficiency and reliability in enterprise IT, representing about 5% to 6% of its operations [1][2]. Financial Performance and Guidance - Management reaffirmed fiscal guidance with expected next-quarter revenue of approximately $2.3 billion, indicating confidence in financial performance despite market volatility [4][12]. - The ARKA acquisition is expected to strengthen CACI's capabilities in space/GEOINT and is characterized as accretive to EBITDA and EPS in the first year [4][11]. Business Development Strategy - CACI has revamped its business development approach, focusing on higher-quality submissions by limiting bid volume, which has resulted in better win rates [8]. - The company has seen a significant increase in Other Transaction Authorities (OTAs), with 2.5 times the number of OTAs in the last two years compared to the previous five [9]. Electronic Warfare Growth - CACI's electronic warfare business has grown from nearly zero in 2019 to about $2 billion today, generating strong margins by aligning with government priorities and delivering capabilities as commercial items [5][7]. - The company competes against traditional aerospace and defense firms, but rarely encounters its typical government services peers in the marketplace [7]. Market Dynamics and Awards Activity - Despite recent government disruptions, CACI's revenue remained relatively unaffected, with a quick recovery in cash flow as payment offices reopened [13]. - The company has a robust backlog of four years and an average duration for recently booked contracts approaching six years, indicating stability in its awards environment [13].