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Why Pentagon Didn't Buy L3Harris Common Stock — And Why That Matters
Benzinga· 2026-01-13 16:58
The Pentagon’s DOW, otherwise known as the Defense Department, didn't buy L3Harris Technologies Inc (NYSE:LHX) common stock. It bought something far more useful: leverage over how fast missiles get built.Track LHX stock here.Instead of buying common stock, the Pentagon backed a new, independently traded missile solutions business with a $1 billion convertible preferred investment. That choice wasn't cosmetic. It was the strategy.This Wasn't An Equity Bet — It Was A Control BetBuying common stock would've ti ...
Why Voyager Technologies Stock Crashed Today
The Motley Fool· 2025-08-05 17:39
Core Viewpoint - Voyager Technologies has faced significant challenges following its IPO, with stock prices declining sharply due to ongoing costs and uncertainty regarding future profitability [1][2]. Financial Performance - In Q2, Voyager reported a loss of $0.60 per share, which was double the expectations of Wall Street, despite generating sales of $45.7 million, exceeding forecasts [4]. - The sales growth was primarily driven by the defense sector, which saw an 85% increase, rather than from the space station projects that are still in development [5]. Future Guidance - Management provided guidance indicating full-year sales for 2025 will be between $165 million and $170 million, which is above analyst expectations. However, they did not provide clarity on expected losses under GAAP or free cash flow [6]. - The company is currently "debt-free" with total liquidity of $669 million, allowing it to sustain operations for a while despite ongoing cash burn [7].