Jefferies Starts Coverage on BlackSky With Buy Rating
Jefferies initiated coverage of BlackSky with a Buy rating and a $23 price target, citing strong growth potential from its space-based imagery business and new satellite constellation.
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T1 Energy & Treaty Oak Sign 900MW Solar Manufacturing Deal
T1 Energy signs 3-year deal with Treaty Oak to supply 900MW of domestically-produced solar modules from its new Texas manufacturing facility.
Honeywell Slashes Outlook Amid Spin-Off and Legal Troubles
Honeywell restructures into 4 segments, excludes Advanced Materials from operations, and revises 2025 guidance to $37.5-37.7B sales.
Rocket Lab Secures $816M Contract to Build Defense Satellites
Rocket Lab secures $816M contract to build 18 missile-defense satellites for U.S. Space Force, its largest deal yet, totaling $1.3B in awards.
FedEx Faces Higher Costs After Cargo Plane Grounding During Peak Season
FedEx expects lower earnings after grounding MD-11 cargo planes, facing higher costs during the busy holiday shipping season.
Defense Tech & Space: KeyBanc Bullish on Sector Leaders While Redwire Scores Major Contract
KeyBanc initiates coverage on AVAV and KTOS with bullish ratings. Redwire lands docking systems contract for European spacecraft Nyx, stock jumps.