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Castellum Announces Pricing of $5.0 Million Public Offering of Common Stock and Warrants
Globenewswire· 2025-06-12 13:00
Castellum Announces Pricing of $5.0 Million Public Offering of Common Stock and Warrants Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM) today announced the pricing of its public offering of 4,166,667 Units at a public offering price of $1.20 per Unit -www.castellumus.com VIENNA, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal governm ...
Why L3Harris Might Be The Most Undervalued Stock in the Defense Sector
Benzinga· 2025-06-06 18:32
Key Takeaways:L3Harris Technologies Inc. (NYSE: LHX) trades at lower valuation multiples despite delivering steady contract growth and strong positioning in modern defense segments.Behind the scenes, LHX is building strength in areas the market increasingly cares about: space tech, secure communications, and classified defense systems.With a growing backlog and steady cash flow, it's the kind of stock that quietly builds momentum, until the market eventually catches up.A Quiet Climb in a Defensive SectorDef ...
RTX Wins $581M Contract for Next Generation Jammer Mid-Band System
ZACKS· 2025-05-19 15:01
RTX Corporation’s (RTX) unit, Raytheon, recently clinched a contract for the production and delivery of Next Generation Jammer Mid-Band (NGJ-MB) pod shipsets. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.Details of the Deal Secured by RTXValued at $580.6 million, the contract is expected to be completed by November 2028. Per the terms of the deal, RTX will deliver additional NGJ-MB pods for the Royal Australian Air Force, along with spares and specialized support equipmen ...
MACOM Technology Q2 Earnings and Revenues Beat Estimates, Stock Up
ZACKS· 2025-05-09 15:55
Core Insights - MACOM Technology Solutions Holdings, Inc. (MTSI) reported second-quarter fiscal 2025 earnings of 85 cents per share, exceeding the Zacks Consensus Estimate by 1.2% and up from 59 cents per share a year ago [1] - The company posted revenues of $235.89 million, surpassing the Zacks Consensus Estimate by 2.52% and increasing from $181.23 million in the same quarter last year [2] Revenue Breakdown - Telecom Market: Generated revenues of $65.2 million, accounting for 27.6% of total revenues, reflecting a year-over-year increase of 38.1% driven by high demand for products supporting the 5G market in the U.S. [3] - Data Center Market: Revenues reached $72.2 million, representing 30.6% of total revenues, with a significant year-over-year growth of 67.2% due to strong demand from Internet service providers [4] - Industrial & Defense Market: Generated revenues of $98.5 million, making up 41.8% of total revenues, with an 8.4% year-over-year increase attributed to high demand for electronic warfare and secure communications products [5] Operating Performance - Non-GAAP gross margin for the second quarter was 57.5%, an expansion of 40 basis points from the previous year [6] - Non-GAAP operating expenses were $75.8 million, an increase of 8.4% year-over-year, but as a percentage of revenues, it contracted by 280 basis points to 32.1% [6] - Non-GAAP operating margin improved to 25.4%, up 320 basis points from the prior-year quarter [7] Balance Sheet Highlights - As of April 4, 2025, cash equivalents and short-term investments totaled $681.5 million, an increase from $656.5 million as of January 3, 2025 [8] - Inventories rose to $209.3 million from $198.4 million reported in the year-ago quarter [8] - Long-term debt obligations were $339.1 million, slightly up from $338.8 million in the previous quarter [8] Future Guidance - For the third quarter of fiscal 2025, MACOM Technology expects revenues between $246 million and $254 million, exceeding the Zacks Consensus Estimate of $230.1 million [9] - The anticipated non-GAAP gross margin is projected to be in the range of 56.5-58.5% [10] - Adjusted earnings per share are expected to be between 87-91 cents, higher than the Zacks Consensus Estimate of 84 cents [10]
Northrop's EW Suite Achieves New Milestone: Time to Buy the Stock?
ZACKS· 2025-05-07 16:25
Northrop Grumman Corporation (NOC) recently achieved a major milestone with the successful operational assessment flight testing of its Integrated Viper Electronic Warfare Suite ("IVEWS") on U.S. Air Force F-16 jets. The system proved its effectiveness against advanced radar-guided threats in complex, real-world scenarios, strengthening its potential for full-scale production and deployment. The testing also demonstrated IVEWS' seamless digital interoperability with Northrop's SABR radar, enabling simultane ...
Ducommun(DCO) - 2025 Q1 - Earnings Call Transcript
2025-05-06 18:02
Ducommun (DCO) Q1 2025 Earnings Call May 06, 2025 01:00 PM ET Company Participants Suman Mookerji - Senior VP, CFO, Controller & TreasurerStephen Oswald - Chairman, President & CEOMike Crawford - SMD & Head of Discovery GroupKen Herbert - Managing DirectorMichael Ciarmoli - Managing Director - Aerospace & Defense Equity ResearchJason Gursky - Managing DirectorTony Bancroft - Portfolio Manager Conference Call Participants Noah Poponak - Research Analyst Operator Good day, and thank you for standing by. Welco ...