President Donald Trump has proposed a $1.5 trillion U.S. defense budget for fiscal year 2027 aimed at rebuilding munitions and expanding the Navy. UBS highlights RTX Corporation, General Dynamics, and Huntington Ingalls as key beneficiaries due to increased missile production and shipbuilding demands. Conversely, Northrop Grumman is viewed negatively because of cuts to the B-21 Raider stealth bomber program. This budget could shift investor sentiment positively toward missile and shipbuilding stocks while dampening enthusiasm for some aerospace firms.
Raytheon successfully demonstrated its Next Generation Short Range Interceptor (NGSRI), designed to replace the Stinger missile for the U.S. Army. The demo showed the missile's improved range, precision, and lethality, using advanced optics and a new...
Pratt & Whitney has enhanced its engine inspection process by acquiring Amsterdam-based Aiir Innovations and integrating its AI-assisted borescope software. This technology improves the consistency and efficiency of inspections for commercial, civil,...
