LightPath Slides After Army Widens Hunt for Stinger Replacement
The Army still has Lockheed and Raytheon building NGSRI prototypes, but a wider supplier search rattled LightPath shares.
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Firefly Aerospace Soars on Record Revenue, Lockheed Martin Launch Extension and Radar Contract
Firefly Aerospace delivers Q2 double beat with $117.7M revenue, SciTec’s $93.7M Space Force win, and extended Lockheed Alpha launches to 2031.
Anduril Eyes $100 Billion Valuation in New Funding Talks
Defense tech firm Anduril is in talks for a funding round valuing it at ~$100B, just months after a $61B raise, amid rising military demand.
Lockheed Martin Posts Blowout Quarter, Raises 2026 Guidance Amid Missile Restocking Boom
Lockheed Martin drives defense sector gains with beat-and-raise Q2 earnings, record backlog, and higher 2026 outlook fueled by missile demand.
Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion to Strengthen Undersea Warfare
Lockheed Martin is acquiring undersea warfare leader Ultra Maritime for $3.45 billion to boost its sonar, sonobuoy, and anti-submarine capabilities.
Lockheed Martin Emerges as Leading Bidder for Ultra Maritime in $3.5 Billion Deal
The move would significantly boost its naval sonar, sonobuoy, and torpedo defense portfolio.