President Donald Trump has proposed a $1.5 trillion U.S. defense budget for fiscal year 2027 aimed at replenishing munitions and expanding the Navy. UBS highlights RTX, General Dynamics, and Huntington Ingalls as key beneficiaries due to increased missile production and shipbuilding demand. However, Northrop Grumman is seen as a potential loser because of reduced procurement plans for its B-21 Raider stealth bomber. This budget could shift investor sentiment positively towards missile and shipbuilding companies while dampening enthusiasm for Northrop Grumman's space and strategic systems exposure.
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,...
