The Navy raised the estimated price tag for the first of its next-generation nuclear-missile submarines by $1.7 billion, another black eye for a program that’s the centerpiece of the service’s modernization plans https://t.co/e8PnlddjpD ...

Group 1 - Northrop Grumman Corporation is set to release its second-quarter earnings results on July 22, with expected earnings of $6.68 per share, an increase from $6.36 per share in the same period last year [1] - The company is projected to report quarterly revenue of $10.15 billion, slightly down from $10.22 billion a year earlier [1] - On May 29, Northrop Grumman issued $1 billion in new senior notes, divided into two tranches maturing in 2030 and 2035 [2] Group 2 - Northrop Grumman shares experienced a decline of 0.7%, closing at $515.29 [2] - Recent analyst ratings show a downgrade from Deutsche Bank from Buy to Hold, with a price target reduction from $580 to $542 [8] - Other analysts have maintained or adjusted their ratings and price targets, with Wells Fargo reducing its target from $547 to $525, RBC Capital from $575 to $550, and Truist Securities from $600 to $550 [8]

Core Insights - Datavault AI has formed a strategic partnership with Burke Products to support defense and aerospace programs, leveraging Datavault's data technologies and Burke's manufacturing capabilities [1][3][9] - The partnership is expected to generate revenues from existing contracts in 2025 and expand into product offerings by 2026 [1][4] - Global defense spending is projected to exceed $2.2 trillion in 2025, with a focus on secure data solutions and advanced tracking, areas where Datavault AI is positioned to provide innovative solutions [4][9] Company Overview - Datavault AI Inc. specializes in data visualization, valuation, and monetization technologies, with a focus on AI-driven data experiences in the Web 3.0 environment [11] - The company’s technology suite includes patented solutions in acoustic science and data science, aimed at various industries including defense and aerospace [11] - Burke Products is a minority-owned manufacturer with over 59 years of experience in providing high-precision components for the defense sector, maintaining relationships with major clients like Lockheed Martin and Raytheon Technologies [12] Partnership Details - The collaboration will integrate Datavault AI's proprietary technologies, including ADIO® tone technology, into Burke's existing systems, with future phases potentially involving digital twin modeling and blockchain tools [5][9] - The partnership aims to enhance mission-critical systems through innovative solutions in acoustic sciences and secure data management [5][8] - Both companies emphasize a shared vision for scalable, American-built solutions that address complex challenges in the defense sector [8][10]

Early reports suggested that the decisive factor in India’s recent conflict with its neighbour was the superiority of Pakistan’s Chinese-made J-10 fighters and its PL-15 air-to-air missiles.But new clues are raising more questions https://t.co/UkKZvDTJF0 ...

In the latest close session, Rocket Lab Corporation (RKLB) was down 8.17% at $47.19. The stock fell short of the S&P 500, which registered a gain of 0.14% for the day. Meanwhile, the Dow experienced a drop of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.38%. Prior to today's trading, shares of the company had gained 71.07% outpaced the Aerospace sector's gain of 7.52% and the S&P 500's gain of 5.35%.The upcoming earnings release of Rocket Lab Corporation will be of great interest to inves ...

ANDOVER, Mass., July 21, 2025 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing to the edge, will release its fourth quarter and full year fiscal year 2025 financial results after the market close on Monday, August 11, 2025. Management will host a conference call and simultaneous webcast at 5:00 p.m. ET on the same day to discuss Mercury's quarterly financial results, business highlights, and outlook. In addition, Company re ...

Three defense titans, three different flight paths — but only one may come out on top when Lockheed Martin (LMT), RTX Corp RTX, and Northrop Grumman Corp NOC report earnings Tuesday before the bell. With investors closely tracking valuation, momentum, and technicals, this aerospace earnings face-off is about to get turbulent.RTX: Flying High, Valued HigherRTX has been the surprise high-flyer. With a 47% gain over the past year and a 32% YTD rally, it's the clear momentum leader. Technically, it's flashing b ...

Core Insights - Park Aerospace Corp. (PKE) shares increased by 23.3% following the earnings report for the quarter ended June 1, 2025, significantly outperforming the S&P 500 index, which gained only 0.5% during the same period [1] - The stock has rallied 41% over the past month, indicating strong investor optimism regarding the company's financial results and future outlook [1] Financial Performance - Earnings per share (EPS) for the fiscal first quarter of 2026 reached 10 cents, up from 5 cents in the prior-year quarter [2] - Net sales amounted to $15.4 million, reflecting a 10.2% increase from $14 million in the same quarter last year [2] - Net earnings more than doubled to $2.1 million from $1 million year-over-year [2] - Gross profit increased by 15% to $4.7 million, with gross margin improving to 30.6% from 29.3% [3] - Adjusted EBITDA rose to $3 million, marking a 13.5% year-over-year increase from $2.6 million [3] Operational Metrics - Earnings from operations increased to $2.4 million, up 16.2% from $2.1 million a year ago [4] - Selling, General and Administrative (SG&A) expenses rose slightly to $2.3 million from $2 million [4] Balance Sheet Strength - The balance sheet remains robust with $65.6 million in cash and marketable securities as of June 1, 2025 [5] - Equity per share was $5.29, slightly down from $5.36 at the end of the previous quarter [5] - Despite a decline in inventories and total assets, the company maintains a strong liquidity position [5] Management Insights - Chairman and CEO Brian Shore expressed satisfaction with the gross margin exceeding 30%, attributing this to effective cost management and a favorable sales mix [6] - President and COO Mark Esquivel noted that while production volumes were flat, significant ramp-up is expected from key customers later in the fiscal year [7] Performance Drivers - Increased sales of fabric-based composite materials, particularly to defense and aerospace customers, were key drivers of performance [8] - $1.1 million of the quarterly revenue came from fabric sales, with an additional $0.5 million from materials made with the fabric, both contributing to stronger margins [8] Challenges - International logistics and tariff-related costs had a slight negative impact, but were not significant enough to hinder overall earnings momentum [9] - Cash decline was attributed to discretionary expenditures, including a $2.2 million share repurchase and a $1.5 million investment in expanding C2B fabric production capabilities [9] Future Guidance - For the fiscal second quarter of 2026, the company anticipates net sales between $15 million and $16 million, and EBITDA between $3.1 million and $3.4 million, indicating expected growth in both sales and profitability [10] - Management expressed confidence in a solid full-year outlook, supported by a proposed $40 million blanket purchase order and expanding defense-related opportunities [11] Strategic Developments - The company is constructing a new facility in Newton, Kansas, aimed at increasing manufacturing flexibility and capacity, with plans to finalize the expansion by the end of the calendar year [12] - Progress has been made on a long-term agreement with GE Aerospace covering engine-related composite components, expected to enhance long-term revenue stability [13]

Key Takeaways TXT's Aviation and Bell units are expected to post year-over-year sales growth of 6% and 18%, respectively. Textron Systems and Industrial segments likely saw revenue declines due to lower volumes and cancellations. TXT's Q2 revenues are estimated at $3.63 billion, up 2.9%, but EPS may drop 5.8%.Textron Inc. ((TXT) is scheduled to release its second-quarter 2025 results on July 24, before market open.The company has a four-quarter average earnings surprise of 3.96%. The improving revenue per ...

Anduril alums raise $24M Series A to bring military logistics out of the Excel spreadsheet era | TechCrunch https://t.co/oHcCkLwHJQ ...