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GROWING concerns Hegseth is ‘trying to GUT legal oversight’ of DOD amid war
MSNBC· 2026-03-13 21:51
Hegseth is trying to gut legal oversight of the Trump administration's conduct at a time of war. In a video posted this week, Hegseth ordered a complete overhaul of how the military's lawyers in uniform, known as JAG officers and their civilian counterparts are organized. Hegseth claimed that the review is part of an effort to, quote, reduce waste, but The Atlantic reports this, quote, his plans have alarmed many current and former military lawyers who see the bureaucratic justifications as cover for what t ...
Here's How the Test Systems Segment Powers Astronics' Growth Story
ZACKS· 2026-03-13 18:51
Core Insights - Astronics Corporation's Test Systems segment is becoming a significant contributor to long-term growth, benefiting from structural expansion in aerospace, defense modernization, and advanced electronics testing [1][4] Group 1: Test Systems Segment Performance - In 2025, the Test Systems segment accounted for 7.5% of total revenues, with a backlog of $74 million, reflecting a 19.5% year-over-year increase [1][8] - The segment generated $35.4 million in revenues from the aerospace and defense market, $5.3 million from the mass transit market, and $24.1 million from the radio test market, showcasing diversified exposure to multiple technology-driven sectors [3][8] - The recurring revenue profile of the Test Systems segment ensures predictable revenue streams as customers require ongoing support after deployment [4] Group 2: Industry Context and Competitors - Government investments in next-generation defense platforms and space technologies are expected to strengthen demand for advanced testing capabilities, positioning Astronics favorably [3] - Kratos Defense & Security Solutions' Unmanned Systems segment generated $0.29 billion in 2025, accounting for 21.7% of total sales, indicating strong organic growth prospects [5] - Rocket Lab's Space Systems segment is pivotal for its long-term expansion strategy, providing satellite components and integrated mission services [6] Group 3: Financial Performance and Valuation - Astronics shares have gained 20.5% year to date, outperforming the industry [7] - The stock is currently undervalued, trading at a price-to-sales multiple of 2.46, significantly lower than the industry average of 11.84 [10] - The Zacks Consensus Estimate for ATRO's EPS for 2026 and 2027 has increased by 2.7% and 7.2%, respectively, in the past 30 days [11][13]
X @BBC News (World)
BBC News (World)· 2026-03-13 10:46
Bodies of 84 Iranian sailors killed in US torpedo strike to be repatriated https://t.co/Vh6cfXddr3 ...
Genenta, Evolving into Saentra Forge, Announces CEO’s Appointment by the Italian Government to the Board of Guarantors of the Italian Academy at Columbia University
Globenewswire· 2026-03-13 09:00
Core Viewpoint - Genenta Science S.p.A. is transitioning to Saentra Forge, focusing on strategic industrial consolidation in biotech, defense, aerospace, and Italian national-security-related technologies [1] Company Developments - Pierluigi Paracchi, CEO of the company, has been appointed to the Board of Guarantors of the Italian Academy for Advanced Studies in America, enhancing the company's connection to cultural and academic institutions [1][2] - The Board of Guarantors consists of twelve members, with six appointed by the Italian Government and six by Columbia University, playing a crucial role in supporting the Academy's activities [2][3] Strategic Focus - Saentra Forge aims to consolidate specialized companies in sectors regulated by Italian national security, including cybersecurity, defense, aerospace, and biotechnology/biosecurity [4] - The company emphasizes the importance of connecting science, industry, and international collaboration for long-term competitiveness, aligning with the Academy's mission [4]
Genenta, Evolving into Saentra Forge, Announces CEO's Appointment by the Italian Government to the Board of Guarantors of the Italian Academy at Columbia University
Globenewswire· 2026-03-13 09:00
Core Insights - Genenta Science S.p.A. is transitioning to Saentra Forge, focusing on strategic industrial consolidation in biotech, defense, aerospace, and Italian national-security-related technologies [1][4] - Pierluigi Paracchi, CEO of the company, has been appointed to the Board of Guarantors of the Italian Academy for Advanced Studies in America, enhancing the company's ties with academic institutions [2][4] Company Overview - Genenta Science, soon to be known as Saentra Forge, will operate as a next-generation strategic consolidator targeting privately held specialized companies in sectors regulated by Italian national security, including cybersecurity, defense, aerospace, and biotechnology/biosecurity [1][4] Board of Guarantors - The Board of Guarantors consists of twelve members, with six appointed by the Italian Government and six by Columbia University, playing a crucial role in supporting the Academy's activities and maintaining academic excellence [2][3] - The Italian Academy for Advanced Studies in America, founded in 1991, promotes dialogue and collaboration among scholars and artists, fostering Italian culture and intellectual exchange [3]
X @Bloomberg
Bloomberg· 2026-03-13 08:56
China called on the US to stop selling weapons to Taiwan after a report that Trump could sign off on a $14 billion deal after his trip to Beijing later this month https://t.co/trHSowMHf6 ...
Ondas Stock Gains On Multi-Year Israel Land Clearance Project
Yahoo Finance· 2026-03-12 21:31
The RSI is at 45.56, which is considered neutral territory, while the MACD shows a value of -0.1540, below its signal line at -0.1405, indicating bearish pressure on the stock. The combination of neutral RSI and bearish MACD suggests mixed momentum.However, the stock is 6.2% above its 100-day SMA and 48.9% above its 200-day SMA, demonstrating longer-term strength, with shares having increased 1237.00% over the past 12 months.Currently, Ondas Inc. is trading 2.9% below its 20-day simple moving average (SMA) ...
Palantir CEO says AI is elevating U.S. wartime capabilities
CNBC Television· 2026-03-12 20:45
Upon arrival at Palenter's annual conference, AIP Con, executives, CEOs, and government officials are greeted to this slogan, there are no secrets, which really speaks to Palanteer's ethos. It's defense intelligence technology that includes surveillance capabilities. CEO and founder Alex Karp says it's this technology that gives the US and our allies an edge in this war in the Middle East.the fact that um you can now target more precisely, more accurately, more quickly, and that you, meaning America, can do ...
Voyager Launches Center to Advance U.S. Space and National Security Capabilities
Businesswire· 2026-03-12 18:45
Voyager Launches Center to Advance U.S. Space and National Security Capabilities-# Voyager Launches Center to Advance U.S. Space and National Security CapabilitiesShare---Long Beach facility expands the company's ability to capture the significant demand signal across civil, national security and commercial space missions.DENVER--(BUSINESS WIRE)--Voyager Technologies (NYSE: VOYG) announced a new facility in Long Beach, California – widely known as "Space Beach†– to expand the company's ability to capture th ...
Should You Buy Howmet Aerospace After a 33% Rally in 6 Months?
ZACKS· 2026-03-12 17:45
Core Insights - Howmet Aerospace Inc. (HWM) has seen a 33% increase in stock price over the past six months, outperforming the industry and the S&P 500, which returned 8.8% and 3.3% respectively [1][6] - The stock is currently trading at $251.65, close to its 52-week high of $267.31, and significantly above its 52-week low of $105.04, indicating strong upward momentum [3][6] Commercial Aerospace Performance - Revenues from the commercial aerospace market rose 13% year over year in Q4 2025, making up 53% of HWM's business [9] - The demand for wide-body aircraft has increased due to rising global air passenger traffic, leading to higher OEM spending and demand for aircraft parts [8] - Boeing's anticipated production recovery, particularly for the 737 MAX, is expected to further boost demand for HWM's products [9] Defense Aerospace Performance - The defense aerospace market has also shown positive momentum, with revenues increasing by 20% year over year in Q4, constituting 17% of the company's revenues [10] - Strong government support has led to robust orders for engine spares for the F-35 program and legacy fighters [10] Shareholder Initiatives - In 2025, HWM paid $181 million in dividends and repurchased $700 million in shares, with a 20% dividend increase announced in August 2025 [11] - The share repurchase program was increased by $2 billion, with $1.35 billion remaining as of February 6, 2025 [11] Valuation and Market Position - HWM is trading at a forward P/E ratio of 53.20X, significantly higher than the industry average of 33.05X, which may expose the stock to pullbacks if market sentiment declines [17] - Compared to peers Textron and RTX Corp., which are trading at 29.85X and 12.58X respectively, HWM's valuation is elevated [17] Growth Prospects - Strength in both commercial and defense aerospace markets, driven by solid aircraft build rates and elevated defense spending, positions HWM for sustained growth [18] - Favorable analyst sentiment and strong growth prospects suggest that HWM remains an attractive investment despite its premium valuation [19]