BlueForge Alliance and Palantir launch Warp Speed for Warships initiative to digitally transform US Navy's shipbuilding process and strengthen national maritime capabilities.
Kratos and Voyager are two mid-cap space and defense stocks with big long-term opportunities. Unmanned jets and space stations are key potential growth drivers.
Boeing (BA) stock is expected to garner retail attention on Tuesday after the company said former Lockheed Martin Chief Financial Officer Jay Malave will become the planemaker’s new CFO, effective Aug. 15.
Jay Malave, Boeing's new CFO, brings a diverse career background, from investigating Equal Employment Opportunity cases to leading financial strategies at major aerospace companies, including Lockheed Martin and L3Harris Technologies.
Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
fell 5.9% in the morning session after the company announced the pricing of a public stock offering expected to raise approximately $484 million. The defense technology company priced about 13 million shares at $38.50 each, a discount to its previous closing price.
As a part of the mission, Rocket Lab has been roped in to deploy the first pair of satellites to test the ESA’s proposed future low Earth orbit positioning, navigation, and timing constellation.
Iran’s Supreme Leader Ayatollah Ali Khamenei accused U.S. President Donald Trump of overstating the impact of American airstrikes on three Iranian nuclear sites over the weekend.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top S&P500 gainers and losers in today's session.
