L3Harris completes $845 million Rocketdyne stake sale
L3Harris Technologies (NYSE:LHX) completed the $845 million sale of a majority stake in its commercial space propulsion, power and electronics businesses to AE Industrial Partners.
L3Harris Technologies (NYSE:LHX) completed the $845 million sale of a majority stake in its commercial space propulsion, power and electronics businesses to AE Industrial Partners.
Lockheed Martin (NYSE:LMT) received a seven-year undefinitized contract action modification from the U.S. government worth up to $53.9 billion to produce PAC-3 Missile Segment Enhancement (MSE) interceptors.
General Dynamics (NYSE:GD) reported second-quarter 2026 revenue of $14.1 billion, an 8.1% increase compared to the prior year.
Lamb Weston (NYSE:LW) reported fiscal 2026 net sales of $6.612 billion, up 2% and above its $6.550 billion guidance.
Lockheed Martin (NYSE:LMT) reported second-quarter sales of $20.1 billion, up 11%, with net earnings of $1.8 billion and EPS of $7.94.
RTX (NYSE:RTX) reported second-quarter sales of $24.7 billion, up 14%, as organic growth reached 16% across its aerospace and defense businesses.
Lockheed Martin (NYSE:LMT) introduced the PAC-3 Adapted Capability Effector to intercept aerial threats at half the previous cost.
Elbit Systems (NASDAQ:ESLT) received U.S. Customs and Border Protection contracts totaling over $370 million for national security operations.
Lockheed Martin (NYSE:LMT) introduced the MORFIUS X-Rotor, an airborne microwave counter-drone system designed to neutralize 50 hostile targets.
Xanadu (NASDAQ:XNDU) and Lockheed Martin (NYSE:LMT) announced a strategic collaboration to expand internal quantum programming training.
Wrap Technologies (NASDAQ:WRAP) entered a strategic transaction with Israeli AI-sensing company Frenel Imaging, securing exclusive United States and NATO distribution rights for physics-based sensing technology designed for threat detection.
RTX (NYSE:RTX), through Raytheon UK’s Omnia Training consortium, was awarded a £2 billion, 15-year contract by the UK Ministry of Defence to serve as the British Army’s Strategic Training Partner and deliver the Army’s Collective Training System.