Tech & AI News

GE Aerospace (GE) has signed an agreement to acquire Consolidated Precision Products, known as CPP, from private investment firms Warburg Pincus and Berkshire Partners. The transaction is valued at approximately $11.75 billion in total, structured using $7 billion in cash with debt covering the remaining consideration. CPP, headquartered in Cleveland, Ohio, specializes in producing precision-engineered…

L3Harris Technologies (LHX) is strengthening its missile defense footprint after securing a landmark $4.7 billion contract from Lockheed Martin (LMT). Announced on September 8, 2026, the seven-year undefinitized contract award covers propulsion systems for the PAC-3 Missile Segment Enhancement interceptor, known as the MSE. The award represents L3Harris’ largest PAC-3 propulsion contract to date and…

Shares of AST SpaceMobile (ASTS) climbed to a nearly three-week high on Tuesday, driven by fresh regulatory filings and growing momentum around satellite broadband competition. ASTS stock jumped 6% during Tuesday’s session and added another 0.4% in overnight trading ahead of Wednesday’s open. AST’s unit, AST & Science, filed with the Federal Communications Commission on…

Howmet Aerospace Inc. (HWM) has delivered a standout performance in 2026, surging 26.5% year to date and far outpacing broader market benchmarks. The S&P 500 has gained just 12.2% over the same period, while Howmet’s own industry has actually declined 5.4%, making the company’s run all the more impressive. Peers GE Aerospace (GE) and RTX…

Visa (V) took the stage at the Goldman Sachs Communacopia + Technology Conference 2026 to present a company pressing forward across payments, software, identity, stablecoins, and agentic commerce. Chief Executive Ryan McInerney described strong U.S. spending trends, accelerating cross-border volumes, and rapid growth in value-added services as central pillars of the company’s current momentum. McInerney…

Three major publicly traded quantum computing companies are seeing significant stock price gains after securing landmark funding agreements with the federal government. Rigetti Computing (Nasdaq: RGTI), D-Wave Quantum (Nasdaq: QBTS), and Quantinuum (Nasdaq: QNT) each finalized agreements with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million apiece. The funding is…

RTX Corporation (RTX) is deepening its foothold in military aviation as the U.S. Army pushes forward with plans to modernize and sustain its helicopter fleet. Through its Collins Aerospace business, RTX secured a contract worth up to $472 million to provide engineering services supporting the modernization and sustainment of the CH-47 Chinook fleet. The contract…

Rocket Lab (NASDAQ: RKLB) trades at $64.26, sitting roughly 57% below its 52-week high of $151 after a string of setbacks rattled investor confidence. A Stage 1 tank test failure pushed the debut of the company’s Neutron medium-lift rocket to Q4 2026, with management acknowledging the year-end launch window is narrowing considerably. Despite that pressure,…

The U.S. Commerce Department has finalized CHIPS Act funding awards that hand the federal government minority, non-controlling equity stakes in two quantum computing recipients. Rigetti Computing (NASDAQ: RGTI) jumped 6% to $16.13 in early trading, while D-Wave Quantum (NYSE: QBTS) climbed 5% to $17.46 on matching award terms. Both companies signed definitive agreements with the…

The U.S. Department of Commerce has finalized agreements to award $100 million each to three leading quantum computing companies under the CHIPS and Science Act. D-Wave Quantum, Rigetti Computing, and Quantinuum all reached definitive agreements with the federal government on Tuesday, marking a significant public investment in the quantum computing sector. Each company will receive…