US Politics & Business News
Shares of AST SpaceMobile (ASTS) climbed 0.2% overnight after the company disclosed a new change-of-control severance plan covering its CEO and senior executives. The plan, adopted by the board’s compensation committee and disclosed in a Monday filing, covers CEO Abel Avellan along with the company’s president, executive vice presidents, and senior vice presidents. Under the…
Raytheon, a business unit of RTX (NYSE: RTX), has been awarded a five-year multi-year contract valued at up to $20.7 billion for production of AMRAAM missiles. The contract includes two option years and was awarded under the Department of War’s Arsenal of Freedom initiative, a program designed to accelerate domestic munitions output. The agreement follows…
BofA Securities has initiated coverage on IonQ (IONQ) with a Buy rating, signaling growing Wall Street confidence in the quantum computing sector. The firm cited IonQ’s recent acquisitions as a key factor in its assessment, arguing the deals are transforming the company into a diversified quantum technology platform. IonQ has been steadily building out infrastructure…
Russia’s hybrid warfare campaign across Europe has pushed defense spending back to the top of government agendas, keeping investor attention firmly on aerospace and defense companies. Governments routinely prioritize military budgets even during periods of fiscal tightening, making defense stocks a resilient corner of the market for many portfolio managers. Three companies in particular stand…
Germany submitted an amended filing for a proposed 344-satellite D-BLUEBIRD network to the International Telecommunication Union last week, drawing fresh attention to AST SpaceMobile’s (ASTS) expansion plans. The ITU’s public register shows the filing modifies an earlier request, though the agency does not specify what changes were made to the submission. Germany first submitted the…
The Korea Institute of Science and Technology has successfully led a delegation of South Korean quantum deep-tech startups at Quantum World Congress 2026 in College Park, Maryland. KIST spearheaded the initiative through its Global Bridge Program, connecting Korean startups with overseas research institutions, enterprise partners, and investors to drive global commercialization. The program operates under…
Rising geopolitical risks around critical energy routes, including fresh concerns over shipping through the Strait of Hormuz, are forcing governments worldwide to reassess defense budgets. When security priorities shift, companies tied to aircraft engines, satellites, and military technology tend to attract significantly more investor attention and capital. The three stocks examined here come from the…
Rocket Lab USA (NASDAQ: RKLB) trades at $73.61, well below the consensus Wall Street price target of $109.37, implying roughly 49% upside from current levels. Pierre Ferragu of New Street Research holds the Street-high 12-month price target of $150, which would nearly double the stock from where it currently sits. The $150 target sits above…
Rocket Lab (NASDAQ: RKLB) has emerged as one of the most closely watched names in the commercial space industry heading into the final stretch of 2026. Shares currently trade at $74.31, with a 24/7 Wall St. price target of $119.32, implying upside of roughly 68.87% over the next 12 months. The recommendation is a buy,…
Northrop Grumman (NOC) is deepening its foothold in the F-35 program through sustained and growing demand for its advanced APG-85 radar system. The company recently secured a not-to-exceed $123.8 million contract from the U.S. Navy to procure long-lead materials, parts, components, and related production efforts. The contract supports the manufacture of 67 APG-85 radars intended…