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Dynamic Aerospace Systems, Trading Symbol BRQL, Thanks U.S. Air Force Global Strike Command and Attendees for a Successful Drone Demonstration at Strother Field, KS
Accessnewswire· 2025-10-02 13:30
ANN ARBOR, MI / ACCESS Newswire / October 2, 2025 / Dynamic Aerospace Systems ("DAS"), aka BrooQLy, Inc. (OTCQB:BRQL), extends its gratitude to all who attended the live demonstration of its advanced military-grade drone platforms at Strother Field in Kansas held on September 25, 2025. The company was honored to host representatives from the U.S. Air Force Global Strike Command (AFGSC), the Kansas Department of Transportation, the Kansas Economic Development Department, local Sheriff and Police departments, ...
FLY Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages Firefly Aerospace Inc. (NASDAQ: FLY) Investors with Significant Losses to Contact the Firm
Globenewswire· 2025-10-02 13:24
RADNOR, Pa., Oct. 02, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Firefly Aerospace Inc. (NASDAQ: FLY) (“Firefly Aerospace”). On September 22, 2025, Firefly Aerospace reported its financial results for the second quarter of fiscal year 2025 – Firefly Aerospace’s initial quarterly results as a public company since its initial public offering the prior month. ...
Ondas Places Initial Order for Wasp Attritable Drones from Rift Dynamics for Distribution to U.S. Defense Markets
Accessnewswire· 2025-10-02 12:30
Ondas' American Robotics is the exclusive U.S. distributor of the WÃ¥sp drone platform which meets urgent U.S. Department of War requirements for mass-affordable attritable systems WÃ¥sp is fully NDAA-compliant and designed for scalable production through leading defense electronics manufacturer, Kitron's, global manufacturing network Manufacturing strategy provides industrial readiness for Rift and Ondas to deliver 20,000 units per month worldwide BOSTON, MA / ACCESS Newswire / October 2, 2025 / Ondas Hold ...
RTX Receives $352 Million Contracts for Missile Systems
Yahoo Finance· 2025-10-02 06:33
RTX Corporation (NYSE:RTX) ranks among the top picks for a retirement portfolio. The US Department of War reported that on September 26, RTX Corporation (NYSE:RTX) received several defense contracts worth about $352.6 million for a range of missile systems and associated services. Pixabay/Public Domain The most substantial award is a $160.9 million contract modification for the AIM-9X missile program that was previously approved. This upgrade involves producing a second source solid rocket motor assembl ...
Navy Awards Lockheed Martin (LMT) Multiple Aegis System Contract Adjustments
Yahoo Finance· 2025-10-02 05:53
Core Insights - Lockheed Martin Corporation (NYSE:LMT) has received contracts totaling approximately $81 million for the Aegis combat and missile defense systems [1][2] - The contracts include a $22.7 million cost-plus-incentive-fee adjustment from the US Department of War for AEGIS maintenance and a $44.1 million sole-source contract adjustment for Aegis Ballistic Missile Defense Weapon Systems [1][2] - The expected completion date for these contracts is between late 2025 and mid-2026, primarily funded by Navy operations and maintenance funds for fiscal 2025 [3] Company Overview - Lockheed Martin Corporation was formed by the 1995 merger of Lockheed Corporation and Martin Marietta [3] - The company is recognized as a global leader in aerospace, defense, weaponry, information security, and technology [3]
AI stock under $10 surges on defense deal optimism
Yahoo Finance· 2025-10-02 02:20
BigBear.ai (BBAI) has positioned itself as a key player in artificial intelligence-driven solutions for defense. Key takeaways: BigBear.ai is expanding as an AI solution for mission-based operations. Despite a weak quarterly report, it boasts significant cash for investments. The company is looking at international and domestic contracts to increase revenue. The company's stock rose 400% over the past year, primarily due to a new defense contract that leverages its predictive analytics to enhance ...
NASDAQ: FLY Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Firefly Aerospace Inc. (NASDAQ: FLY) Investors with Significant Losses to Contact the Firm
Businesswire· 2025-10-01 15:32
On September 22, 2025, Firefly Aerospace reported its financial results for the second quarter of fiscal year 2025 – Firefly Aerospace's initial quarterly results as a public company since its initial public offering the prior month. Specifically, Firefly Aerospace reported revenue of $15.5 million, a year-over-year decline of more than 27%, while reporting total operating expenses of $58.3 million, a year-over-year increase of more than 12%. On this news, the price of Firefly Aerospace's stock declined by ...
Howmet Aerospace Board Approves Common Stock Dividend
Prnewswire· 2025-09-30 20:00
Core Points - Howmet Aerospace Inc. declared a dividend of 12 cents per share on its outstanding Common Stock, payable on November 25, 2025, to shareholders of record as of November 7, 2025 [1] Company Overview - Howmet Aerospace Inc. is a leading global provider of advanced engineered solutions for the aerospace and transportation industries, focusing on jet engine components, aerospace fastening systems, and airframe structural components [2] - The company holds approximately 1,170 granted and pending patents, enabling the development of lighter, more fuel-efficient aircraft and commercial trucks with a lower carbon footprint [2] Financial Performance - Howmet Aerospace reported record second quarter 2025 revenue of $2.05 billion, indicating significant growth [5]
Pentagon awards Raytheon $5 billion contract for Coyote missile system
Reuters· 2025-09-29 21:44
Core Points - The Pentagon has awarded a contract worth $5.04 billion to Raytheon for the Coyote missile system [1] Company Summary - Raytheon has secured a significant contract from the U.S. Army, indicating strong demand for its missile systems [1] Industry Summary - The defense industry continues to see substantial government investment, reflecting ongoing military modernization efforts [1]
LOCKHEED MARTIN ALERT: Bragar Eagel & Squire, P.C. is Investigating Lockheed Martin Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-29 21:26
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Lockheed Martin Corporation due to a class action complaint alleging breaches of fiduciary duties by the board of directors during the specified class period from January 23, 2024, to July 21, 2025 [1][2]. Summary by Sections Allegations and Financial Impact - The class action complaint alleges that Lockheed Martin made materially false and misleading statements and failed to disclose adverse facts about its business operations and prospects [2]. - Specific allegations include a lack of effective internal controls, inaccurate program reviews, overstated contract delivery capabilities, and a likelihood of significant losses [2]. - On October 22, 2024, Lockheed Martin announced $80 million in losses due to higher-than-anticipated costs, resulting in a share price drop of $37.63 (6.12%) to close at $576.98 [2]. - On January 28, 2025, the company reported pre-tax losses of $1.7 billion, leading to a share price decline of $46.24 (9.2%) to close at $457.45 [2]. - On July 22, 2025, an additional $1.6 billion in pre-tax losses was disclosed, causing the share price to fall by $49.79 (10.8%) to close at $410.74 [3]. Company Performance - Lockheed Martin's net earnings for 2024 were reported at $5.3 billion ($22.31 per share), a decrease from $6.9 billion ($27.55 per share) in 2023 [2]. - Following the announcements of losses, the company's share price experienced significant declines, indicating investor reaction to the financial disclosures [2][3]. Next Steps for Investors - Long-term stockholders of Lockheed Martin are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and potential claims related to the class action [4].