Smith & Wesson completes $160 million Savage Arms acquisition
Smith & Wesson Brands (NASDAQ:SWBI) reported completing its $160 million acquisition of Savage Arms on October 21, 2026, expanding its firearms manufacturing portfolio.
Smith & Wesson Brands (NASDAQ:SWBI) reported completing its $160 million acquisition of Savage Arms on October 21, 2026, expanding its firearms manufacturing portfolio.
Northrop Grumman (NYSE:NOC) reported third-quarter 2026 earnings of $7.89 per share, beating analysts' $7.18 consensus estimate by $0.71.
DEFSEC Technologies (NASDAQ:DFSC) reported preliminary cash and cash equivalents of approximately $7.7 million at September 30, 2026, more than doubling its June balance.
Red Cat Holdings (NASDAQ:RCAT) proposed acquiring Steyr Motors for €39 per share in cash, representing a 28.9% premium to the Austrian manufacturer's October 16 closing price.
Elbit Systems (NASDAQ:ESLT) secured an approximately US$235 million contract to supply rocket artillery systems, including EXTRA-MR rockets and PULS launchers, to a European customer.
Leidos (NYSE:LDOS) received a one-year extension for the Logistics Commodities and Services Transformation (LCST) contract, continuing its end-to-end logistics support for the UK Armed Forces.
X-Bow Systems announced that it was selected by Leidos (NYSE:LDOS) to develop and manufacture solid rocket motor booster systems for the U.S. Army’s Low-Cost Containerized Munition (LCCM) program.
Kratos Defense & Security Solutions (NASDAQ:KTOS) and Airbus completed the first European test flight of the U740-Valkyrie uncrewed combat aircraft, with the flight meeting planned objectives including autonomous flight operations and mission adjustments.
Oshkosh Corporation (NYSE:OSK) secured a second Direct Commercial Sales order to supply heavy tactical vehicles to Morocco.
L3Harris Technologies (NYSE:LHX) announced that it received an undefinitized contract from Lockheed Martin valued at more than $6 billion, excluding escalations, over seven years to expand propulsion production for the Terminal High Altitude Area Defense (THAAD) missile defense system.
Redwire Corporation (NYSE:RDW) announced that it has been selected by Space Systems Command as one of 15 vendors awarded a multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract for the National Space Test and Training Complex Innovative Technology and Engineering – Space Test and Range (NITE-STAR) Capability Development program.
AEVEX Corp. (NYSE:AVEX) announced Specter, a jet-powered autonomous platform under development using modular design and scalable manufacturing methods.
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