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Spain Negotiates Turkish Kaan Fighter Deal, Bypassing US F-35
Spain has initiated preliminary government-to-government negotiations with Türkiye to acquire the Turkish Aerospace Industries (TAI) Kaan stealth fighter....
Lockheed Martin builds UAE chiplet facility, powering advanced defense systems
Lockheed Martin signed a strategic agreement with the UAE’s Tawazun Council to establish a national facility for advanced chiplet design and assembly. The...
Lockheed Martin builds UAE microelectronics hub, boosting sovereign defense tech
Lockheed Martin signed a strategic agreement with the Tawazun Council to establish an advanced microelectronics design and assembly facility in the United Arab...
Curtiss-Wright Raises 2026 Forecast, Fueled by $4.3 Billion Defense Backlog
Curtiss-Wright Corporation (NYSE: CW) reported first-quarter 2026 sales of $914 million. This represents a 13% increase over the previous year. Aerospace and...
Curtiss-Wright Lifts 2026 Forecast, Fueled by Naval Defense Growth
Curtiss-Wright (NYSE: CW) reported first-quarter 2026 results after the market close on May 6. Quarterly sales increased 13% year-over-year to $914 million....
Defense Stocks Sink on U.S.-Iran Peace Deal, Ending Two-Month Conflict
Reports of U.S.-Iran diplomatic progress on May 6, 2026, triggered a sharp drop in oil prices and a broad equity market rally [3, 16, 20]. Both nations are...
RTX Secures Record 120-Unit SharpSight Radar Order, Expanding Global Distribution
Raytheon, an RTX business, secured its largest single contract to date for SharpSight multi-domain surveillance radars. Global distributor Blue Raven ordered...
U.S. and Iran signal peace, pressuring defense stocks as oil plunges 8%
Washington and Tehran are finalizing a one-page memorandum of understanding to pause hostilities. This May 6 report establishes a diplomatic framework...
🟢 XAR is trading 3.3% up today on RTX's record Raytheon radar order from Blue Raven
XAR is trading 3.3% up today as RTX's Raytheon unit secured a record 120-unit order for its SharpSight radar system from Blue Raven, boosting sentiment across...
RTX's Raytheon Secures Record 120-Unit Order for SharpSight Radar
Raytheon, an RTX business unit, received its largest single order to date for the SharpSight surveillance radar system. Blue Raven awarded the contract for the...
Boeing passes 737 MAX 10 braking test, aiming for 2026 certification
Boeing completed a high-energy braking test on the 737 MAX 10 aircraft. This trial simulates a rejected takeoff at maximum weight to satisfy aviation...
US Air Force plans $3.36 billion Air Force One upgrade, citing reliability
The U.S. Air Force (USAF) will invest $3.36 billion to modernize its executive airlift fleet. This modernization program will span the next five years. The...
Anduril Leads Space Force Golden Dome Project, Targeting Advanced Missile Threats
Anduril Industries announced on May 6, 2026, that it will lead an industry team to develop space-based interceptor capabilities for the U.S. Space Force. The...
Leidos boosts 2026 targets, citing Pentagon push to replenish weapon stockpiles
Leidos Holdings raised its 2026 profit and revenue forecasts amid surging demand for military intelligence and IT services. The company attributed the growth...
Lockheed Martin and Nokia Launch Modular 5G, Boosting Tactical Connectivity
Lockheed Martin and Nokia Federal Solutions launched a modular 5G communications system for military vehicles and platforms. The open-architecture framework...
U.S. Army and defense giants launch R2I, ending proprietary data silos
The U.S. Army announced the Right to Integrate (R2I) initiative on May 5, 2026. This partnership includes Boeing, Lockheed Martin, RTX, Northrop Grumman, and...
Lockheed and Boeing win 50-jet Israel order, signaling strong defense demand
Israel will purchase 25 Lockheed Martin F-35A fighter jets. The order includes 25 Boeing F-15EX fighters. This acquisition significantly expands Israel's...
TransDigm Boosts 2026 Forecast, Citing Strong Global Airline Demand
TransDigm Group (NYSE: TDG) reported second-quarter financial results that exceeded market expectations. Net sales reached $2.54 billion, representing an 18%...
Boeing Wins $219 Million Air Force Deal to Start T-7A Production
The U.S. Air Force authorized Boeing to begin low-rate initial production of the T-7A Red Hawk jet trainer. This Milestone C decision releases a $219 million...
U.S. Navy denies Iranian missile strike claims, maintaining Strait of Hormuz presence
Iranian state media claimed Monday that its forces struck a U.S. Navy frigate with two missiles near the Strait of Hormuz. The report alleged the vessel...