US defense stocks tumble as investors bet on Democratic midterm sweep
A broad selloff in defense shares points to investor concern that a Democratic sweep could stall the military spending buildup.
24/7 Wall St. · +11 outlets
RTX lifts 2026 forecasts as record backlog hits $164B on rearmament demand
RTX raised its full-year outlook on strong aerospace and defense demand, with its backlog reaching $164 billion.
Reuters · +10 outlets
Northrop Grumman beats estimates as defense backlog reaches $110B
Northrop Grumman lifted its 2026 profit forecast on strong military demand and a record $110 billion backlog, sending shares up 6.6%.
TradingView · +9 outlets
US defense stocks fall as Iran war drains missile stockpiles and contractors post record backlogs
Contractors are seeing record backlogs as the Iran conflict consumes US missile inventories, drawing political criticism of the industry.
The Daily Caller · +14 outlets
Hegseth discusses Iran with Netanyahu in unannounced Israel visit
The trip underscored US-Israel coordination on regional threats amid the ongoing Iran conflict.
Defensenews · +14 outlets
Pentagon weighs force posture and costs of rebuilding Middle East bases
Officials are assessing CENTCOM installation needs and future global posture, alongside planned Greenland base expansion.
Breakingdefense · +8 outlets
Zelenskyy says US decisions on Ukraine are hard to explain as arms shipments lag
Zelenskyy lamented delayed weapons deliveries, while Rubio said the US must weigh Ukraine's air defense missile needs against others'.
Defensenews · +13 outlets
US Air Force F-22 pilot controls Anduril FQ-44 drone in flight
The test had a fighter pilot act as an airborne quarterback directing a Collaborative Combat Aircraft, a step toward manned-unmanned teaming.
Defensenews · +12 outlets
China built more than twice US naval tonnage in 2024-25: Euronaval
A new report shows the shipbuilding gap between the US and Chinese navies is narrowing.
Defensenews · +3 outlets
BAE Systems, Pentagon sign deal for up to 25,000 APKWS guidance kits a year
The framework agreement expands production of precision-guided munition kits to replenish combat inventories.
Defensenews · +14 outlets
Boeing wins F/A-XX Navy fighter contract as cost tops $20 billion
Boeing secured the Navy's next-generation carrier fighter award, a program valued above $20 billion.
The Defense Watch · +13 outlets
Zelenskyy meets Lockheed Martin team as Ukraine deepens defense partnership
The Ukrainian president discussed defense cooperation with Lockheed Martin amid stalled US arms flows.
GuruFocus · +12 outlets
Trump appointees asked federal cybersecurity agency to secretly hack a voting machine
Staff feared the request amounted to political interference, according to the report.
Defenseone · +14 outlets
Elbit Systems wins $235M European contract for PULS launcher and EXTRA-MR rockets
The rocket artillery deal expands Elbit's footprint with a European customer amid rising European demand.
The Jerusalem Post · +14 outlets
Army support for Golden Dome missile shield takes shape with earmarked air defense unit
An Army air defense unit has been assigned to support the Golden Dome for America missile defense project.
Defensenews · +1 outlets
LIG D&A hit with two-year defense bid ban in South Korea, KF-21 missile contract in doubt
South Korea's Defense Acquisition Program Administration barred LIG D&A from bidding, jeopardizing a KF-21 missile contract.
BigGo Finance · +5 outlets
Russian satellite stalked ICEYE spacecraft in potentially dangerous orbital maneuvers
Cosmos 2612 came within 500 meters of a US-flagged satellite believed to support Ukraine, per LeoLabs.
Breakingdefense · +1 outlets
Turkey proposes 229% rise in defense procurement spending for 2027
The budget plan calls for $44.5 billion in defense spending plus $25.2 billion for internal security, pending parliamentary approval.
Breakingdefense · +1 outlets