Defense and tech stocks rise on potential US budget boost and strong orders in Q1 2026

L3Harris Technologies surged following signals of a possible US defense budget increase, potentially boosting future revenue and earnings. Regal Rexnord gained from new growth in data center power solutions, while CACI International raised estimates despite government spending uncertainties. Johnson Controls saw a 40% jump in orders driven by building system upgrades and thermal management needs. Amazon defended its $200 billion spending plan, highlighting strong customer commitments and growth in AWS and advertising. These developments reflect optimism in defense, infrastructure, and tech sectors for 2026.