Ultralife reveals Q4 loss on asset impairment charges
Ultralife (NASDAQ:ULBI), a global provider of advanced high-energy power and communications systems, reported a net loss of $7.4 million for its fourth quarter on Tuesday.
Ultralife (NASDAQ:ULBI), a global provider of advanced high-energy power and communications systems, reported a net loss of $7.4 million for its fourth quarter on Tuesday.
Global equity markets retreated sharply on Monday as a coordinated U.S. and Israeli military strike against Iran upended geopolitical stability, sending shockwaves through the travel and discretionary sectors.
Prime Minister Anthony Albanese has declared Australia's support for the United States' military intervention in Iran, following a massive joint US-Israeli operation on Feb. 28.
RTX (NYSE:RTX) announced on Wednesday that its Raytheon ELCAN business has been awarded a production contract to supply the German Armed Forces with a customized version of its Specter® DR 1-4x weapon sight.
Elbit Systems (NASDAQ:ESLT) announced on Feb. 18, 2026, that it has been awarded contracts totaling approximately $277 million by an unnamed international customer to supply 30mm turrets and associated munitions.
Leidos Holdings (NYSE:LDOS) reported record fiscal 2025 results on Tuesday, fueled by a surge in demand for national security and AI-enabled cyber solutions, while simultaneously announcing a massive $2.4 billion acquisition of ENTRUST Solutions Group to double its footprint in the power and utility sector.
Elbit Systems (NASDAQ:ESLT) has secured a series of contracts valued at approximately $435 million from an undisclosed international customer, marking its largest single award for the first quarter of 2026.
Parsons (NYSE:PSN) reached a milestone in profitability even as a sharp contraction in its federal business weighed on the top line, reflecting a strategic pivot toward higher-margin infrastructure projects.
Graham Corp. (NYSE:GHM) shares rose Friday after the manufacturer of mission-critical fluid and power systems posted fiscal third-quarter results that handily beat Wall Street estimates, bolstered by a record-breaking backlog and strong defense sector momentum.
Teledyne FLIR Defense, a subsidiary of Teledyne Technologies Incorporated (NYSE:TDY), has been awarded a $17.5 million contract by armasuisse, the Swiss Federal Office of Defence Procurement.
Reston, Virginia-based General Dynamics (NYSE:GD) today reported strong financial results for the fourth quarter and full year ended December 31, 2025, driven by robust demand across its defense, aerospace, and marine portfolio.
Textron (NYSE:TXT) reported a sharp rise in fourth-quarter earnings Wednesday, driven by a surge in military revenue as the U.S. Army dramatically accelerates its timeline for the company’s flagship aviation project.
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