Supports national security and defense infrastructureProvides sustainable facilities, infrastructure and environmental solutions DALLAS, June 5, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected to deliver design, engineering and environmental services for Boeing's multi-billion expansion at its St. Louis, Missouri, campus.  Designed to nearly double Boeing's regional manufacturing footprint, the 1.1-million-square-foot expansion will support advanced assembly facilities and the associated post assembly op ...

PARIS, June 05, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today announced the kick off of a new collaborative project with Nikon Advanced Manufacturing (Nikon AM), America Makes, and a team of industry leaders to expand the use of its Aheadd CP1 aluminum alloy for additive manufacturing in defense and aerospace applications. The $2.1 million project is funded by the Office of the Under Secretary of Defense's Manufacturing Technology Office (ODS ManTech) through America Makes, the National Additiv ...

Core Viewpoint - Vertical Aerospace Ltd. (EVTL) has shown a significant price increase of 32% over the past four weeks, with a mean price target of $10.30 indicating a potential upside of 93.6% from its current price of $5.32 [1] Price Targets and Analyst Consensus - The average price targets for EVTL range from a low of $2 to a high of $15, with a standard deviation of $5.14, indicating variability in analyst estimates [2] - The lowest estimate suggests a decline of 62.4%, while the highest points to an upside of 182% [2] - A low standard deviation among price targets suggests a strong agreement among analysts regarding the stock's price direction [9] Earnings Estimates and Analyst Optimism - Analysts have shown growing optimism regarding EVTL's earnings prospects, as indicated by a strong consensus in revising EPS estimates higher [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 100%, with two estimates moving higher and no negative revisions [12] - EVTL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13]

Core Insights - A new arms race is emerging in artificial intelligence, autonomous systems, and space-based defense, with the U.S. developing a next-generation missile shield called the "Golden Dome" [1][4] - The Golden Dome initiative is backed by a coalition of public and private companies, including SpaceX, Anduril Industries, and Palantir Technologies, highlighting a shift in defense innovation outside traditional public markets [1][14] - The initiative is expected to command over $175 billion in long-term defense spending, emphasizing rapid procurement and modernization [4] Group 1: Golden Dome Initiative - The Golden Dome is designed for mobility, scale, and rapid response, utilizing hundreds of low-Earth orbit satellites and AI systems for real-time threat neutralization [3] - The initiative represents a significant shift from legacy missile defense systems, which relied on ground-based radars and static platforms [3] Group 2: Key Companies Involved - Anduril Industries, founded by Palmer Luckey, is a major player in defense tech, utilizing its Lattice OS platform for real-time sensor data integration [5] - Palantir Technologies has become critical in providing AI models for defense initiatives, with its platforms embedded across various military and intelligence agencies [9] - SpaceX is positioned to deliver the orbital backbone of the Golden Dome, transforming from a private aerospace firm to a core U.S. defense asset [11][12] Group 3: Market Dynamics - Retail investors have historically been excluded from private companies driving defense innovation, but new investment vehicles like the XOVR ETF are emerging to bridge this gap [2][15] - The convergence of public and private firms in defense reflects a broader shift in U.S. industrial policy, with innovation now running through a hybrid pipeline of startups and growth-stage firms [14]

Group 1 - Northrop Grumman is involved in advanced military technologies including strategic stealth bombers, orbiting satellites, and hypersonic weapons [1] - The company plays a crucial role in the Pentagon's most secretive and technologically sophisticated programs [1] - Northrop Grumman's projects are indicative of its significant position within the defense industry [1]

Company Overview - L3Harris Technologies, Inc. participated in the Bernstein 41st Annual Strategic Decisions Conference on May 29, 2025, with key executives including Chairman and CEO Chris Kubasik and CFO Ken Bedingfield present [1]. Recent Developments - The company has made significant progress over the past 18 months, particularly in integrating Aerojet Rocketdyne and setting new targets following the appointment of a new CFO and two new Board members [4]. Financial Outlook - The company expressed increased confidence in its 2026 framework compared to a year ago, indicating that previous uncertainties have been addressed effectively [4].

Financial Data and Key Metrics Changes - The company reported a strong first quarter with EBITDA exceeding the midpoint by $20 million, achieving a margin of 22.4% [77][89] - The company anticipates margin expansion opportunities, targeting 24% for the year and aiming for 30% in the HPMC segment [89] Business Line Data and Key Metrics Changes - Aerospace and Defense (A&D) now accounts for approximately 65% of total revenue, with energy, medical, and electronics contributing to about 80% [3][25] - Jet engines represent about 37% of revenues, with sales up 35% in Q1, and the aftermarket is expected to remain between 30% to 50% of jet engine revenues [5][21] Market Data and Key Metrics Changes - The company is experiencing strong demand across various markets, including aerospace, defense, and energy, with significant growth opportunities identified [25][26] - The company has secured a new five-year contract worth $1 billion with Airbus, bringing it to parity with Boeing [20][41] Company Strategy and Development Direction - The company has exited low-margin and commodity businesses, focusing on advanced materials and forgings to support growth in aerospace and defense [2][4] - The company is investing in new technologies, including a patent-pending nickel melting process aimed at eliminating defects, which will enhance its competitive position [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth trajectory in aerospace and defense, citing strong demand and the potential for continued growth in MRO activities [18][21] - The company is well-positioned to meet future demand, with plans to increase capacity and improve productivity [8][25] Other Important Information - The company is one of only two suppliers for certain advanced materials, which provides a competitive advantage in the market [25][60] - The company has established long-term agreements with customers that extend to 2040, allowing for flexibility in pricing and material fluctuations [55][58] Q&A Session Summary Question: How do you see the year unfolding in Q2 and beyond? - Management anticipates continued strong performance in Q2, with evaluations for full-year guidance to occur after the second quarter [78][84] Question: What is the impact of tariffs on the business? - The tariff impact is minimal from a cost standpoint, with effective pass-through mechanisms in place [81][84] Question: What are the capital investment priorities for the next few years? - The company is focusing on titanium and nickel investments, as well as increasing production capacity for zirconium and hafnium [95][96] Question: How does the company plan for capacity needs in the long term? - The company engages in discussions with customers to align capital investments with anticipated demand, typically planning for a five-year horizon [66][70]

L3harris Technologies (LHX) FY 2025 Conference May 29, 2025 09:00 AM ET Speaker0 Okay. Good morning. I'm Doug Harned, Bernstein senior global aerospace and defense analyst, and really happy to have with us again Chris Kobacek, chairman and CEO of l three Harris. With us also is Ken Bettingfield, chief financial officer. I think to start, I think I think, Ken, you got a couple things you wanna say, and then we'll go into fireside chat. Speaker1 Yeah. Great. Thanks for having us, Doug. We're excited to be her ...

Core Insights - Lockheed Martin is focusing on ensuring U.S. air superiority through collaboration with the administration and has innovative ideas to support this goal [4]. Group 1: Company Overview - Jim Taiclet, Chairman and CEO, highlighted the importance of the F-35 program as a priority for the company, suggesting longer-term production and sustainment agreements to stabilize the program [4]. Group 2: Leadership and Financial Management - Evan Scott has recently taken on the role of Chief Financial Officer, indicating a potential shift in financial strategy and management within the company [1].

NETANYA, Israel, May 28, 2025 /PRNewswire/ -- TAT Technologies Ltd. (Nasdaq: TATT) (TASE: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced today that it has commenced an underwritten public offering of ordinary shares. 1,625,000 ordinary shares are being offered by TAT and 2,525,000 ordinary shares are being offered by FIMI Opportunity V, L.P. and FIMI Israel Opportunity Five, Limited Partnership (th ...