Leonardo DRS wins $96M Navy contracts
Leonardo DRS (NYSE:DRS) received contracts totaling $96 million to supply critical electronics hardware for the U.S. Navy’s MK 41 Vertical Launching System used on naval vessels.
Leonardo DRS (NYSE:DRS) received contracts totaling $96 million to supply critical electronics hardware for the U.S. Navy’s MK 41 Vertical Launching System used on naval vessels.
Teledyne Technologies Incorporated (NYSE:TDY) announced that its Teledyne Energetics UK business secured a $15.4 million contract to supply specialist energetic products for advanced unmanned systems.
KBR (NYSE:KBR) secured a new three-year Time and Materials contract to provide radio frequency engineering for a United States government customer.
Elbit Systems (NASDAQ:ESLT) signed contracts totaling approximately $270 million with an international customer to supply advanced intelligence, surveillance, reconnaissance, and targeting systems over a period of up to six years.
Parsons (NYSE:PSN) secured a position on the U.S. Missile & Space Intelligence Center’s Contract Operations for Missile Evaluation and Testing (COMET) multiple-award IDIQ contract, which has a combined ceiling of more than $14 billion.
TTM Technologies (NASDAQ:TTMI) agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash to expand its integrated electronics portfolio.
KBR (NYSE:KBR) secured a five-year NATO time-and-materials recompete contract with an initial $60 million ceiling to support the PATRIOT air and missile defense system.
Elbit Systems (NASDAQ:ESLT) reported second-quarter 2026 revenue of $2.29 billion, up about 16% year over year, while its order backlog reached $32 billion.
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.
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