Tony Bancroft of Gabelli Funds highlights a multi-year surge in U.S. missile and aircraft production driven by the need to replenish depleted arsenals and counter threats from China and Russia. Structural supply constraints and government agreements could triple missile output, supporting sustained growth. Key companies include Honeywell, benefiting from its aerospace spin-off, L3Harris with its missile business IPO, and Albany International as a small-cap play on aerospace composites. Investors should watch for contract developments and major corporate moves amid ongoing geopolitical tensions.
The CEOs of Boeing, Lockheed Martin, and Honeywell met with President Trump as the administration urges defense contractors to increase weapons production due to concerns over U.S. missile and munitions stockpiles. This push follows recent U.S. milit...
Alphabet Inc will join the Dow Jones Industrial Average on June 29, 2026, replacing Verizon Communications. This change increases the index's exposure to large-cap technology companies, as Alphabet operates in digital advertising, cloud computing, AI...
Honeywell and MIT's Center for Sustainability Science and Strategy released research showing AI-enabled technologies could reduce global production costs for oil-based fuels by up to $225 billion annually by 2050, and LNG costs by up to $80 billion. ...
Alphabet (GOOGL) will replace Verizon (VZ) in the Dow Jones Industrial Average on June 29, marking a shift towards AI-focused companies in the index. This change increases the Dow's exposure to major tech firms, including five of the 'Magnificent Sev...
S&P Dow Jones Indices announced several changes across its major indices effective late June and early July 2026. Honeywell Aerospace will be added to the S&P 500 and S&P 100, replacing Conagra Brands and Honeywell International respectively, followi...
