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Nukkleus Added to Russell Microcap Index
Globenewswire· 2025-06-30 12:15
Core Points - Nukkleus Inc. has been added to the Russell Microcap Index effective June 30, 2025, enhancing its visibility among institutional investors [1][4] - The company is pursuing a disciplined global M&A strategy in the Aerospace & Defense industry, focusing on acquiring mission-critical suppliers [6][7] - Nukkleus plans to acquire a 51% controlling interest in Star 26 Capital Inc., which supplies defense-related products for Israel's "Iron Dome" [2] Company Overview - Nukkleus Inc. focuses on acquiring and scaling suppliers in the defense, aerospace, and advanced manufacturing sectors, targeting Tier 2 and Tier 3 companies [6] - The company aims to modernize and expand strategic suppliers to support dual-use innovation and resilient supply chains [6] - Nukkleus combines organic growth with disciplined M&A to position itself at the core of the 21st-century defense industrial strategy [7] Industry Context - The Russell US Indexes reconstitution captures the 4,000 largest US stocks, ranking them by total market capitalization, with membership in the Russell Microcap Index lasting for one year [3] - Russell indexes are widely used by investment managers and institutional investors, serving as benchmarks for approximately $10.6 trillion in assets as of June 2024 [4]
Nukkleus Comments on Trump Administration's Further Commitment to Build a "Golden Dome"
Prnewswire· 2025-05-22 20:05
Core Viewpoint - Nukkleus Inc. is strategically positioning itself in the Aerospace & Defense industry by pursuing a disciplined global M&A strategy, particularly in light of the U.S. government's recent $25 billion investment in missile defense systems to counter threats from adversaries [1][2][3]. Company Strategy - The company aims to develop an A&D holding company by acquiring firms with critical capabilities in defense, aerospace, and advanced manufacturing sectors, thereby building scale and value [3][4]. - Nukkleus plans to acquire a 51% controlling interest in Star 26 Capital Inc., which owns B. Rimon Agencies Ltd., a supplier of defense-related products, including energy generators for Israel's "Iron Dome" [3][4]. Market Context - The initiative to build the "Golden Dome" missile defense shield is a response to increasing missile threats from countries like China, Russia, Iran, and North Korea, highlighting the growing military budgets driven by geopolitical tensions [2][3]. - Nukkleus targets Tier 2 and Tier 3 companies that are essential to the national security infrastructure, integrating operational capabilities and financial discipline to modernize and expand strategic suppliers [4][5]. Growth Approach - The company's portfolio strategy combines organic growth with disciplined M&A, positioning Nukkleus at the core of the 21st-century defense industrial strategy [5].