Defense contractors, aerospace primes, shipbuilders, intelligence vendors, and companies tied to national security spending.
A SpaceX launch of Northrop Grumman’s MRV-MEP mission outlines continued momentum toward on-orbit servicing and life extension for existing satellites, while also underscoring how quickly the “space services” market is expanding beyond just new satellite builds.
THE APEX TIMES
THE APEX TIMES
The defense supplier reported that its turbomachinery performance was successfully validated ahead of planned integration into a Lockheed Martin high-performance propulsion initiative.
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The company said it has reached a multi-year framework agreement involving the U.S. government and Lockheed Martin to scale up propulsion output for THAAD, a U.S.-led terminal ballistic missile defense system.
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The defense contractor said it has entered a transformational agreement involving the U.S. Department of War and Lockheed Martin, designed to increase output of the PAC-3 MSE missile, a key component of advanced air and missile defense.
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The defense contractor says CPI Aerostructures will support structural work for its “Next Generation Jammer Low Band” program, according to a July 27 announcement.
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Huntington Ingalls’ Ingalls Shipbuilding says it is broadening its distributed shipbuilding approach by adding modular unit construction for U.S. Navy amphibious ships, a shift aimed at increasing where shipbuilding work can be performed while supporting Navy schedules.
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The defense contractor’s stock finished at $114.95 on July 27, according to Yahoo Finance, posting a gain of $2.81 (2.51%) versus the prior trading day.
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A recent Tech Weekly segment pointed to Tesla missing Wall Street profit expectations for a second straight quarter, and it also turned to defense industry innovation, describing Lockheed Martin’s efforts toward an “drone fighter” aimed at accelerating how militaries field unmanned air power.
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A Yahoo Finance post highlighting Lockheed Martin as a “most-watched” stock points to heightened investor attention, even as the underlying driver of that attention is not detailed in the published note.
