Raytheon has secured a $745 million contract from the Missile Defense Agency to produce and maintain Standard Missile-3 Block IIA interceptors, enhancing defense against ballistic missile threats. The SM-3 IIA, developed with Japanese partners, features improved speed and range to protect against short- to intermediate-range missiles. Raytheon is expanding production capacity, including a $115 million upgrade to its Alabama facility, and is hiring to support the program. This contract strengthens U.S. and allied missile defense capabilities amid evolving threats.
Airbus is outperforming Boeing in commercial aircraft orders, securing 821 net orders in H1 2026 compared to Boeing's 408. Morgan Stanley maintains an "Overweight" rating on Airbus, raising its price target to €255, reflecting confidence in the compa...
RTX Corporation reported solid Q2 2026 results, with sales increasing 11.69% and operating profit rising 28.34% year-over-year. The company benefits from a $289 billion backlog and strong defense segment bookings, including $20 billion in quarterly d...
The U.S. Army has awarded Collins Aerospace a contract worth up to $472 million to provide engineering services for modernizing and sustaining the CH-47 Chinook helicopter fleet. The upgrades focus on avionics improvements that integrate new capabili...
Raytheon and Composite Energy Technologies (CET) successfully demonstrated HADALUS, a new low-cost, long-endurance unmanned undersea vehicle (UUV), during a U.S. Navy exercise. HADALUS completed multiple at-sea missions, showcasing its ability to lau...
