Millions of Americans are shaving down their grocery budgets and putting off buying a home as wages fail to meet rising costs of living. Meanwhile, the nation’s top CEOs are enjoying eye-watering compensation packages—and some earn more than the average U.S. worker in less than a day. The leader of America’s largest private employer, Walmart’s Doug McMillon, can even snatch up a home in less than one workweek. McMillon, who has been leading the $905 billion grocery chain giant since 2011, enjoys around $ ...

Core Insights - Parry Labs is collaborating with AeroVironment Inc to enhance the P550 uncrewed aircraft system for the U.S. Army's Long Range Reconnaissance program through Modular Open Systems Approach (MOSA) [1][2] Group 1: Partnership and Integration - Parry Labs is embedding its mission system components into the P550 to ensure the platform evolves with mission requirements and maintains interoperability across the Family of Systems [2] - The partnership aims to leverage Parry Labs' expertise in Model-Based Systems Engineering (MBSE) and open software environments to meet the LRR program's capabilities [2][5] Group 2: Technology and Capabilities - Parry Labs' offering includes STRATIA, which facilitates rapid integration of command and control, autonomy, and AI applications, enhancing AV's product lines [3] - The P550 is an all-battery electric system that provides long-range ISR capabilities and lethal effects, supported by Parry Labs' modular mission systems [4] Group 3: Strategic Importance - The collaboration emphasizes the importance of partnership in fulfilling the Army's LRR requirements, with Parry Labs strengthening the P550's MOSA foundation [5] - Parry Labs aims to simplify the integration of new capabilities while reducing costs and implementation time across AV's platforms [5]

SAN DIEGO, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leader in defense, national security and global markets, today expressed strong support for President Trump’s announcement of policies that prioritize reinvestment in national defense capabilities over stock buybacks by defense contractors. Kratos has long operated under a fundamentally different capital allocation philosophy than much of the publicly traded defense market. The company does not have a pr ...

Core Viewpoint - A U.S. defense tech company executive, Palmer Luckey, expresses pride in being personally sanctioned by China due to his company's arms sales to Taiwan, viewing it as an honor [1][6]. Group 1: Sanctions and Responses - Following a U.S. arms-sale package exceeding $10 billion to Taiwan, China imposed sanctions on 20 U.S. defense companies and 10 executives, including Luckey [2]. - The Chinese foreign defense ministry emphasized that the Taiwan issue is a core interest and warned that any involvement in arms sales to Taiwan would have consequences [4]. - Luckey noted that his company, Anduril, has faced sanctions for years, and he views the personal sanction as a culmination of this ongoing situation [5][6]. Group 2: Strategic Positioning - Luckey argues that the U.S. must adopt a more aggressive stance against China's actions regarding Taiwan and other regions, indicating a shift from "business as usual" [8]. - He advocates for enhancing Taiwan's defense capabilities to deter aggression, suggesting that Taiwan should be made a "prickly porcupine" that is difficult for adversaries to engage [9]. - Most of Anduril's defense designs are primarily aimed at countering China rather than other nations like Venezuela [11]. Group 3: Product Offerings - In response to inquiries about the types of weaponry being sold to Taiwan, Luckey mentioned a range of land, air, and maritime defense systems [13].

Core Insights - Lux Capital has closed a $1.5 billion ninth fund, marking the largest fund in the firm's history [1] - Despite a decline in new VC funds raised in the U.S. to a 10-year low in 2025, limited partners continue to invest in Lux Capital [1] Investment Focus - The firm has a history of investing in defense technologies, which have become highly sought after due to recent geopolitical shifts [2] - Lux was an early investor in Anduril, valued at $30.5 billion, and Applied Intuition, valued at $15 billion, both of which have secured significant contracts with the Pentagon [2] AI Investments - Lux has made early investments in AI startups prior to the industry's rapid growth following the launch of ChatGPT [3] - Notable early-stage AI investments include Hugging Face, Runway AI, and MosaicML, the latter of which was acquired by Databricks for $1.3 billion in 2023 [3] Exits and Performance - The firm has achieved significant exits from investments, including Recursion Pharmaceuticals, which went public in 2021, and Auris Health, sold to Johnson & Johnson for up to $6 billion in 2019 [4] - The latest fundraising effort has increased Lux's total assets under management to $7 billion [4]

Nukkleus Inc. (NASDAQ:NUKK) is expanding its defense portfolio with a targeted focus on unmanned systems. Following the recent $14 million acquisition of Israeli defense firm Tiltan Software Engineering, CEO Menny Shalom confirmed exclusively to Benzinga that the company is actively seeking additional acquisitions in the “drone and anti-drone sectors.” The Strategic Pivot While the acquisition of Tiltan was publicly announced as a move into simulation and AI, Shalom spoke about the company’s broader road ...

Core Insights - One Stop Systems, Inc. (OSS) has received a pre-production order valued at approximately $1.2 million from a new U.S. defense prime contractor for ruggedized integrated compute and visualization systems for U.S. Army combat vehicles [1][2] - This engagement is seen as a significant milestone for OSS, validating the performance and technical maturity of its platforms, and enhancing its competitive position for larger production opportunities in next-generation vision and sensor technologies [2][6] Company Developments - OSS will deliver a GPU accelerated Video/Sensor Concentrator, an intelligent PCIe Switch, and a GPU accelerated Crew Computer, all designed for U.S. Army ground combat environments [3][4] - The hardware is intended to provide real-time sensor and video data processing, supporting object recognition and target identification under various visibility conditions [3][4] Testing and Integration - OSS expects to deliver prototype units for field testing after approximately three to six months of integration with the prime contractor's solution [4] - The hardware has been undergoing testing at the U.S. Army Ground Vehicle Systems Center, which continues to validate OSS's rugged Time Sensitive Networking (TSN) and PCIe enabled compute architectures [5] Market Position - OSS aims to advance the U.S. Army's modernization priorities for vehicle survivability and mobility, reinforcing its position in defense markets [6] - The company emphasizes its advantage in high-speed PCIe switch fabric technology, which is critical for mission-critical government applications [6] Product Offerings - OSS specializes in AI-enabled solutions for rugged environments, offering products such as ruggedized servers, compute accelerators, and storage solutions [7][8] - The company addresses the entire AI workflow, delivering high performance in challenging environments, which is essential for the growing edge computing market [9]

Agreement supports new Department of War Acquisition Transformation Strategy DALLAS, Jan. 6, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) signed a landmark framework agreement with the U.S. Department of War to rapidly accelerate the production and delivery of PAC-3® Missile Segment Enhancement (MSE) interceptors. This transformative partnership, designed to deliver sustained production at scale, will increase annual capacity from approximately 600 to 2,000 in a seven-year agreement, supporting U.S. for ...

DARPA-funded and tested PACWADS technology can safely destroy numerous warfare agents including sarin and mustard gasMONTREAL, Jan. 06, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today that it has signed an agreement with the national security and defense division of a U.S. multinational engineering infr ...

Core Viewpoint - The Procure Space ETF (UFO) aims to provide investors with exposure to the space economy, expanding beyond traditional aerospace and defense sectors into areas such as defense technology and space exploration [1] Group 1: ETF Overview - The Procure Space ETF (UFO) is a thematic exchange-traded fund designed for investors interested in the space economy [1] - The ETF diversifies its investments beyond traditional aerospace and defense companies, including sectors like defense technology and space exploration pureplays [1] Group 2: Analyst Background - Michael Del Monte is a buy-side equity analyst with expertise in technology, energy, industrials, and materials sectors [1] - Prior to his role in investment management, Michael spent over a decade in professional services across various industries, including oil and gas, industrials, and consumer discretionary [1]