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Defense ETFs to Gain if Trump Acts on His Intervention Threat on Iran
ZACKS· 2026-01-07 14:36
Key Takeaways Trump warned of military intervention if Iran cracks down on protests, sparking conflict with Tehran. Defense contractors like LMT, NOC and RTX have historically seen shares rise during past U.S.-Iran tensions. ETFs like ITA offer diversified exposure to defense spending while reducing single-contractor program risk.The global security landscape experienced significant volatility at the very start of 2026. Following the high-stakes abduction of Venezuelan leader Nicolás Maduro by U.S. forces, ...
RTX Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota LLC
Prnewswire· 2026-01-07 12:00
ARLINGTON, Va., Jan. 7, 2026 /PRNewswire/ -- RTX (NYSE: RTX) has received notice of an unsolicited "mini-tender" offer made by Tutanota LLC (Tutanota) to RTX shareholders to purchase up to 500,000 shares of RTX common stock at a purchase price of $130.00 per share. This offer is for shares representing less than 0.04 percent of the outstanding shares of RTX common stock. This offer price is approximately 24.02% below the closing price of RTX common stock on December 5, 2025 ($171.10), the last trading day b ...
Lockheed says it plans to dramatically turn up Patriot missile production
Business Insider· 2026-01-06 21:00
Lockheed Martin plans to dramatically ramp up production of Patriot missile interceptors, aiming to more than triple its annual output to 2,000, the defense contractor said on Tuesday. Lockheed said that it had reached an agreement with the US Department of Defense to "rapidly accelerate" the production and delivery of its PAC-3 Missile Segment Enhancement (MSE) interceptors over a seven-year period.The new agreement will increase the annual production capacity of PAC-3, or Patriot Advanced Capability, int ...
Jim Cramer says this stock is still 'inexpensive' after analysts name it a top pick
CNBC· 2026-01-06 17:41
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 1. Stocks rose Tuesday, with the Dow hitting another record high and aiming for its first-ever close above 49,000. Club name Amazon led the 30-stock average higher, with a nearly 3% gain. "We are starting with the firm market, a market that has very little to do with the news flow," Jim Cramer said on the Morning Meeting. He noted that stocks tied to the oust ...
Lockheed Martin to more than triple Patriot missile production capacity
Reuters· 2026-01-06 17:32
Lockheed Martin said on Tuesday that it has reached a seven-year agreement with the U.S. Department of War to increase the annual production capacity for its PAC-3 missile interceptors to 2,000 units a year from about 600 previously. ...
Dow hits record, energy stocks end higher after US strikes Venezuela
The Economic Times· 2026-01-06 01:55
Weapons manufacturers also advanced after Washington's military action. Lockheed Martin and General Dynamics climbed, while the S&P 500 aerospace and defense index rose to a record high. " "The lack of permanent boots on the ground, the fact that we're not permanently engaged, means the broader equity markets are able to ‌set aside what ‍might have been fears of a prolonged engagement," Haworth said. Tesla climbed 3.1% after seven straight ‍sessions of losses. Nvidia dipped 0.4% and Apple declined 1.4%. Th ...
Lockheed Martin Announces Fourth-Quarter and Full-Year 2025 Earnings Results Webcast
Prnewswire· 2026-01-05 22:30
An on-demand replay of the webcast will be available through Thursday, Feb. 12, 2026, at www.lockheedmartin.com/investor, and a podcast will be available here. For additional information, visit the company's website: www.lockheedmartin.com. ® BETHESDA, Md., Jan. 5, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its fourth- quarter and full-year 2025 earnings results conference call (listen-only mode) on Thursday, Jan. 29, 2026, at 8:30 a.m. ET. Jim Taiclet, chairman, president and CEO; E ...
RTX awarded FAA contract to deploy next-generation surveillance radars for National Airspace System
Prnewswire· 2026-01-05 21:30
Innovative, ready-now technologies will enhance safety, reduce operational complexity and increase efficiency for all airspace users CEDAR RAPIDS, Iowa, Jan. 5, 2026 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has been awarded a $438 million contract by the Federal Aviation Administration to support the Radar System Replacement program, a cornerstone of the agency's effort to modernize the U.S. National Airspace System. The program is a key part of the Department of Transportation's Bran ...
Pentagon Awards Systima, Part of Karman Space & Defense, $5 Million to Expand Solid Rocket Motor Nozzle Production Capacity
Businesswire· 2026-01-05 21:15
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #ImpossibleEndsHere--Karman Space & Defense ("Karman†, "Karman Holdings, Inc.†or "the Company†) (NYSE: KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and UAS customers, today announced its Systima facility in Mukilteo, WA received $5.0 million in Defense Production Act Title III funding from the U.S. Department of War on Oct ...
UFO: Investing In The Final Frontier (NASDAQ:UFO)
Seeking Alpha· 2026-01-05 20:53
The Procure Space ETF ( UFO ) is a thematic exchange-traded fund designed to provide investors with exposure to companies that participate in the space economy, diversifying beyond traditional aerospace and defense companies into defense technology, space exploration pureplays, as well as companies thatMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment managemen ...