Defense contractors, aerospace primes, shipbuilders, intelligence vendors, and companies tied to national security spending.
During the August 6 episode of Mad Money, a caller asked about Lockheed Martin’s long-term outlook, prompting Jim Cramer to deliver a brief but upbeat endorsement.
THE APEX TIMES
THE APEX TIMES
The defense contractor said its Strigo lineup brings radio-frequency sensors, missile datalinks and seeker technologies under a common modular approach, positioning the company to adapt quickly as customer needs evolve.
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The deal, reported by Yahoo Finance, would see Archer Aviation acquire three Boeing businesses tied to defense, part of Archer’s effort to expand beyond urban air mobility into government-adjacent work.
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The defense contractor said it successfully ran a hot-fire test of the second stage of an advanced large solid rocket motor tied to the U.S. Missile Defense Agency’s Next Generation Interceptor program.
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The defense contractor reported that a static-fire test for the Next Generation Interceptor’s Stage 2 motor completed successfully in a high-vacuum chamber that simulates key flight conditions.
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The company says a static-fire test of the Next Generation Interceptor program’s Stage 2 motor validated key performance expectations and moves the project toward its next design milestone.
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The eVTOL developer said its latest quarter advanced company operations while also announcing a deal with Boeing aimed at applying physical artificial intelligence concepts to aircraft and defense systems.
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The eVTOL air taxi developer says it is taking over Boeing’s automated air-taxi work, adding Wisk Aero and air-traffic software firm SkyGrid to its portfolio.
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Boeing agreed to exchange three autonomous-aircraft businesses to take a 20% position in Archer, in a move aimed at locking in technology access tied to autonomous flight systems.
