SandboxAQ has introduced AQNav, a hardware-agnostic software platform enabling reliable magnetic navigation (MagNav) for drones, demonstrated on Northrop Grumman's Lumberjack attritable drone. This technology allows continuous positioning without GPS, enhancing drone operations in GPS-denied or spoofed environments, critical for modern defense needs. AQNav integrates quickly with existing systems, supporting resilient navigation across diverse terrains and conditions, and has been tested with major aerospace and military partners. This advancement aims to improve autonomous drone mission capabilities in contested environments worldwide.
Northrop Grumman reported stronger-than-expected results for 2026, highlighted by a record backlog of $109.6 billion and solid project execution. Its Aeronautics segment led growth with a 14.41% revenue increase and 135.67% EBIT growth, driven by hig...
Lockheed Martin's stock surged 9% after reporting third-quarter results that beat estimates and raising its full-year outlook, driven by a record backlog of $292 billion. The company expects 2026 revenue between $80 billion and $82 billion and earnin...
Lockheed Martin, General Dynamics, Northrop Grumman, and RTX are defense companies with record or near-record Pentagon contract backlogs, ensuring stable and growing dividend payouts. Lockheed Martin leads with the highest yield and a $230 billion ba...
Wall Street is reacting to predictions of a Democratic sweep in the upcoming midterm elections by selling off aerospace and defense stocks, with the iShares U.S. Aerospace & Defense ETF down nearly 18% since mid-August. Northrop Grumman is hit hardes...
Northrop Grumman Corporation announced its financial results for the third quarter of 2026. The company has made the earnings release available through its Form 8-K filing and on its investor relations website. Additionally, Northrop Grumman is hosti...
