Business Wire
BusinessBroadcom CEO Hock Tan says AI growth is increasingly limited by capital, even as chip shortages easeThe Apex TimesBusinessBroadcom CEO Hock Tan warns some AI investors are “gamblers,” urging deeper understandingThe Apex TimesBusinessIntel CEO says Chinese AI models are spreading quickly, and points to quantum computing as a longer-term frontierThe Apex TimesBusinessGoldman Sachs cuts Aroundtown outlook to “sell,” citing higher debt costsThe Apex TimesBusinessSalesforce shares rise after Bank of America upgrade tied to improving AI monetization trendsThe Apex TimesBusinessL&T Technology Services opens AI-Native “EI Lab” in Bengaluru, highlighting NVIDIA-powered factory capabilitiesThe Apex TimesBusinessYahoo Finance profile traces Mitch Gould’s retail distribution path from Brooklyn to major retailers including Home Depot, Walmart and AmazonThe Apex TimesBusinessPower market roundup ties Google’s data-center push to new utility deals, while regulators eye consolidationThe Apex TimesBusinessBlackRock’s iShares IEZ puts oilfield hardware and services exposure into a single ETF, but investors still face commodity-driven swingsThe Apex TimesBusinessBlackRock’s iShares SMMV puts “minimum volatility” small-cap exposure in an ETF wrapperThe Apex TimesBusinessUber Faces Class Action Alleging Unauthorized Enrollment Into Uber One SubscriptionThe Apex TimesBusinessNvidia and Micron face spillover risk as Australian investors reject major AI company, Yahoo Finance reportsThe Apex TimesBusinessBroadcom CEO Hock Tan says AI growth is increasingly limited by capital, even as chip shortages easeThe Apex TimesBusinessBroadcom CEO Hock Tan warns some AI investors are “gamblers,” urging deeper understandingThe Apex TimesBusinessIntel CEO says Chinese AI models are spreading quickly, and points to quantum computing as a longer-term frontierThe Apex TimesBusinessGoldman Sachs cuts Aroundtown outlook to “sell,” citing higher debt costsThe Apex TimesBusinessSalesforce shares rise after Bank of America upgrade tied to improving AI monetization trendsThe Apex TimesBusinessL&T Technology Services opens AI-Native “EI Lab” in Bengaluru, highlighting NVIDIA-powered factory capabilitiesThe Apex TimesBusinessYahoo Finance profile traces Mitch Gould’s retail distribution path from Brooklyn to major retailers including Home Depot, Walmart and AmazonThe Apex TimesBusinessPower market roundup ties Google’s data-center push to new utility deals, while regulators eye consolidationThe Apex TimesBusinessBlackRock’s iShares IEZ puts oilfield hardware and services exposure into a single ETF, but investors still face commodity-driven swingsThe Apex TimesBusinessBlackRock’s iShares SMMV puts “minimum volatility” small-cap exposure in an ETF wrapperThe Apex TimesBusinessUber Faces Class Action Alleging Unauthorized Enrollment Into Uber One SubscriptionThe Apex TimesBusinessNvidia and Micron face spillover risk as Australian investors reject major AI company, Yahoo Finance reportsThe Apex TimesBusinessBroadcom CEO Hock Tan says AI growth is increasingly limited by capital, even as chip shortages easeThe Apex TimesBusinessBroadcom CEO Hock Tan warns some AI investors are “gamblers,” urging deeper understandingThe Apex TimesBusinessIntel CEO says Chinese AI models are spreading quickly, and points to quantum computing as a longer-term frontierThe Apex TimesBusinessGoldman Sachs cuts Aroundtown outlook to “sell,” citing higher debt costsThe Apex TimesBusinessSalesforce shares rise after Bank of America upgrade tied to improving AI monetization trendsThe Apex TimesBusinessL&T Technology Services opens AI-Native “EI Lab” in Bengaluru, highlighting NVIDIA-powered factory capabilitiesThe Apex TimesBusinessYahoo Finance profile traces Mitch Gould’s retail distribution path from Brooklyn to major retailers including Home Depot, Walmart and AmazonThe Apex TimesBusinessPower market roundup ties Google’s data-center push to new utility deals, while regulators eye consolidationThe Apex TimesBusinessBlackRock’s iShares IEZ puts oilfield hardware and services exposure into a single ETF, but investors still face commodity-driven swingsThe Apex TimesBusinessBlackRock’s iShares SMMV puts “minimum volatility” small-cap exposure in an ETF wrapperThe Apex TimesBusinessUber Faces Class Action Alleging Unauthorized Enrollment Into Uber One SubscriptionThe Apex TimesBusinessNvidia and Micron face spillover risk as Australian investors reject major AI company, Yahoo Finance reportsThe Apex TimesBusinessBroadcom CEO Hock Tan says AI growth is increasingly limited by capital, even as chip shortages easeThe Apex TimesBusinessBroadcom CEO Hock Tan warns some AI investors are “gamblers,” urging deeper understandingThe Apex TimesBusinessIntel CEO says Chinese AI models are spreading quickly, and points to quantum computing as a longer-term frontierThe Apex TimesBusinessGoldman Sachs cuts Aroundtown outlook to “sell,” citing higher debt costsThe Apex TimesBusinessSalesforce shares rise after Bank of America upgrade tied to improving AI monetization trendsThe Apex TimesBusinessL&T Technology Services opens AI-Native “EI Lab” in Bengaluru, highlighting NVIDIA-powered factory capabilitiesThe Apex TimesBusinessYahoo Finance profile traces Mitch Gould’s retail distribution path from Brooklyn to major retailers including Home Depot, Walmart and AmazonThe Apex TimesBusinessPower market roundup ties Google’s data-center push to new utility deals, while regulators eye consolidationThe Apex TimesBusinessBlackRock’s iShares IEZ puts oilfield hardware and services exposure into a single ETF, but investors still face commodity-driven swingsThe Apex TimesBusinessBlackRock’s iShares SMMV puts “minimum volatility” small-cap exposure in an ETF wrapperThe Apex TimesBusinessUber Faces Class Action Alleging Unauthorized Enrollment Into Uber One SubscriptionThe Apex TimesBusinessNvidia and Micron face spillover risk as Australian investors reject major AI company, Yahoo Finance reportsThe Apex Times
Back to front
Leidos Says It Selected X-Bow to Supply Rocket Motors for U.S. Army Low-Cost Cruise Missile Effort
The Apex Times

THE APEX TIMES

Business/The Apex Times/Oct 12, 6:07 AM EDT

Leidos Says It Selected X-Bow to Supply Rocket Motors for U.S. Army Low-Cost Cruise Missile Effort

The defense contractor announced at AUSA that X-Bow Systems will provide solid rocket motors for a U.S. Army “low-cost cruise missile,” as part of the program’s broader integration work.

Leidos (NYSE: LDOS) says it has selected X-Bow Systems Inc to provide rocket motors for a U.S. Army “low-cost cruise missile” effort, according to an announcement made at the Association of the United States Army (AUSA) Annual Meeting and Exposition.

The announcement ties the companies’ work to solid rocket motor technology, with X-Bow described as a U.S. manufacturer of solid rocket motors (SRMs). SRMs are rocket engines that use solid propellant, allowing for relatively compact designs and simpler storage compared with liquid systems, features that are often relevant to cruise-missile use cases.

In the AUSA-floor announcement, Leidos is positioned as the prime integrator selecting a supplier, while X-Bow is the named manufacturer providing the motors. Beyond the supplier selection, the announcement does not detail the specific motor model, the quantity of motors involved, delivery timelines, or whether any contract value was disclosed.

The “low-cost cruise missile” framing indicates the program emphasis on affordability and scalability, though neither the Yahoo-linked announcement nor the materials provided here specify the missile’s target range, payload type, guidance method, or deployment concept.

Leidos is known for defense programs spanning areas such as mission systems and information technology, and the company’s role in missile-related work typically centers on systems integration. However, the announcement provided here does not describe Leidos’s exact responsibilities within this specific missile program beyond the selection of X-Bow as a rocket motor supplier.

For X-Bow, being selected by a prime like Leidos is positioned as a step in translating its solid rocket motor manufacturing into an operational missile supply chain. Still, the company’s disclosures in the posted announcement are limited to the supplier role and the program category, without additional technical specifications that would allow outsiders to assess performance or manufacturing throughput.

What remains unclear from the publicly available announcement in the packet is the stage of the effort (for example, whether it is in prototype development, low-rate production, or contract award for follow-on deliveries). There is also no disclosed information here on testing milestones, acceptance criteria, or any government end-user details beyond the broad U.S. Army reference.

Looking ahead, the next indicates to watch would be whether Leidos or X-Bow provide further updates about contract scope, delivery schedules, and test results. Investors and defense observers may also look for subsequent program communications that clarify how the “low-cost cruise missile” effort is progressing and which milestones are associated with the motor procurement.

Why It Matters

  • Supplier selection is a practical milestone in missile programs, indicating movement from conceptual work toward specific component sourcing and integration.
  • Solid rocket motors are central to missile propulsion, so the named supplier can become a key element in schedule and manufacturing risk for the program.
  • Public disclosures around “low-cost” missile initiatives often precede additional contract detail; the lack of pricing and scope here suggests later updates may be required for full visibility.
  • For Leidos, the announcement reinforces its role in defense prime contracting and systems integration tied to Army missile needs.

Sources

Key Facts

  • Leidos (NYSE: LDOS) announced it selected X-Bow Systems to provide rocket motors for a U.S. Army low-cost cruise missile effort.
  • X-Bow Systems was described as a U.S. manufacturer of solid rocket motors (SRMs).
  • The announcement was made in connection with the AUSA Annual Meeting and Exposition.
  • The announcement does not provide motor model numbers, contract value, quantities, or delivery timelines in the materials available here.

Defense Related

Oct 12, 6:38 AM EDT
The Apex Times

BlackRock’s iShares IEZ puts oilfield hardware and services exposure into a single ETF, but investors still face commodity-driven swings

A Yahoo Finance energy-sector piece reviewed the iShares U.S. Oil Equipment & Services ETF (IEZ) as a way to gain targeted exposure to companies that supply the machinery and services used in oil and gas production. The article also underscored that the category is tightly linked to the pace of oilfield spending and broader crude-price volatility.

BlackRock’s iShares IEZ puts oilfield hardware and services exposure into a single ETF, but investors still face commodity-driven swings
The Apex Times