Category: Notizie Estero

Boeing’s stock has lagged the S&P 500 by ~5.5% in the last week. We view the move as largely beta- and market-driven and unrelated to any new developments. We see China and MAX 10 risks as potentially overdone at these levels given demand for the MAX ex these risks.

Pullback Largely Market Dri…

The US Navy is attempting to rapidly deliver five Extra Large Unmanned Undersea Vehicles (XLUUV) to the fleet for deploying undersea mines without the need for sailors. However, the XLUUV effort is at least $242 million or 64 percent over its original cost estimate and at least 3 years late.

The…

PLYMOUTH, Minn. — Northrop Grumman Corporation announced today that it has surpassed the production and delivery of more than 100,000 Precision Guidance Kits (PGK) for 155mm artillery projectiles. A U.S. Army program, PGK replaces standard fuzing for conventional projectiles currently in inventory…

Rafael Advanced Defense Systems Ltd. has completed the acquisition of Pearson Engineering Ltd. (PER). The acquisition was executed under a stock purchase agreement (SPA), transferring 100% of the ownership. The acquisition includes PER’s subsidiary company Responsive Engineering Ltd.

For more th…

WASHINGTON — A White House official said Tuesday Russia’s sanctions-struck defense industry is creating an “opportunity” for U.S. and western defense firms to take a bite of Moscow’s share of the market.

“As a practical matter, countries that have had to rely on Russian equipment are going to f…

HAIFA, Israel — Elbit Systems Ltd. announced today that it was awarded a contract valued at $120 million to supply Hermes 900 Maritime Unmanned Aircraft Systems (UAS) and training capabilities to the Royal Thai Navy. The contract will be performed over a three-year period.

Under the contract, …