US Politics & Business News
The U.S. plans to spend $1 trillion on defense in 2026, with a 2027 funding request standing at approximately $1.5 trillion. If approved, that 2027 budget would represent the largest year-over-year increase in defense spending ever recorded in American history. Rising military budgets come amid escalating geopolitical tensions, including the ongoing U.S.-Iran and Ukraine-Russia conflicts…
The Zacks Aerospace-Defense industry continues to benefit from rising global defense spending, military modernization initiatives, and intensifying geopolitical tensions worldwide. Demand for advanced defense systems and long-term procurement programs is accelerating as governments prioritize national security investments across multiple regions. Commercial aviation adds another layer of opportunity, with global air passenger demand expected to more…
Redwire Corporation (RDW) has shed 28.8% over the past month, a stark contrast to peers and broader market benchmarks posting solid gains during the same period. The Zacks Aerospace-Defense industry grew 4.3% during that stretch, while the broader Zacks Aerospace sector gained 3.8%, leaving RDW well behind both benchmarks. Even the S&P 500 managed a…
AST SpaceMobile (ASTS) and Space Exploration Technologies Corp. (SPCX) are locked in a fierce battle to dominate the rapidly expanding low-Earth orbit satellite connectivity market. Both companies are building LEO satellite networks designed to deliver broadband and direct-to-device mobile connectivity to consumers and businesses worldwide. AST SpaceMobile is developing what it describes as the world’s…
IQM Quantum Computers, the Finland-based superconducting quantum computing firm, has officially begun trading on the Nasdaq Global Select Market under the ticker IQMX. The listing follows a completed business combination with Real Asset Acquisition Corp., making IQM the first European quantum computing company to trade on a major U.S. exchange. IQM received approximately 198.7 million…
Zacks Equity Research has spotlighted three major aerospace and defense companies as strong buys, citing powerful industry tailwinds heading into the back half of 2026. The firms identified are GE Aerospace (GE), RTX Corp. (RTX), and General Dynamics (GD), all of which carry a Zacks Rank #2 (Buy) rating. The Zacks Aerospace-Defense industry continues to…
AST SpaceMobile (ASTS) shares edged lower in Friday afternoon trading despite the company announcing a key milestone in its satellite deployment program. BlueBird 11 has arrived at Cape Canaveral, Florida, ahead of its planned first-half August orbital launch aboard a SpaceX Falcon 9 rocket. The satellite communications company confirmed the development in a post on…
D-Wave Quantum (QBTS) has been named a Leader in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment, a significant industry recognition for the company. The evaluation assessed vendors across both their existing capabilities and forward-looking strategies, placing D-Wave among the top tier of quantum computing providers globally. According to the company, the recognition reflects…
BAE Systems (BAESY) is deepening its foothold in the global armored vehicle market, leveraging a broad portfolio of advanced combat platforms and decades of military ground systems expertise. The company designs and produces highly survivable tracked and amphibious combat vehicles that serve the U.S. military and allied nations across a range of battlefield roles. A…
AST SpaceMobile (ASTS) has been removed from the Russell 2500 Index, along with the Russell 2500 Growth and Russell 2500 Value benchmarks, a move that carries real consequences for index-linked investor positioning. The removal from major Russell benchmarks can trigger automatic selling from funds that track those indexes, adding technical pressure on top of existing…