Defence shake-up under way as Albanese govt installs leaders with industry pedigree Crossbenchers warn of 'revolving door' stacking department. The Canberra Times · Oct 4
US Navy awards $24.4 billion to accelerate production of Standard Missile-6 The US Navy has secured a deal worth up to $24.4 billion with Raytheon to ramp up production of Standard Missile-6 interceptors over five years. The Pentagon says the agreement will increase SM-6 inventory, strengthen vulnerable supply chains and give defence contractors greater certainty to expand factories and workforce. The… The Economic Times · Oct 2
US awards $21 billion missile contract to RTX’s Raytheon as it looks to replenish stocks amid ongoing conflict with Iran The US has moved to significantly increase production of AMRAAM missiles after awarding Raytheon a multiyear agreement valued at $20.7 billion. The weapon is used by fighter jets for air-to-air engagements and by NASAMS for ground-based air defence. The planned expansion includes higher annual output, but the full contract value… The Economic Times · Sep 29
A $289 Billion Reason to Buy RTX Stock Speaking at Morgan Stanley’s Laguna Conference, RTX CEO Chris Calio highlighted a $289 billion backlog that could support the company’s growth for years. Barchart · Sep 17
RTX Corporation Stock: Is RTX Outperforming the Industrial Sector? RTX Corporation has outperformed the Industrial sector over the past year, and analysts are cautiously optimistic about the stock’s prospects. Barchart · Sep 1
Tata Advanced Systems locks on to Javelin missile co-production in India The memorandum of understanding (MoU) between Tata Advanced Systems Limited and the Javelin Joint Venture, a partnership between Raytheon and Lockheed Martin, covers the co-production of the Javelin All Up Round (AUR) missile within the country, according to a joint press release issued by the entities. The Economic Times · Aug 31
US Navy unveils AIM-424 Malice air-to-air missile with 465-km range In a significant leap for military technology, the US Navy is evaluating a powerful long-range air-to-air missile that can effectively engage targets beyond 465 kilometers. Its design allows it to seamlessly integrate into the stealth capabilities of fighter jets like the F-35 and F-22. This missile aims to bolster naval… The Economic Times · Aug 23
RTX Stock Gets a Radar Lock on a $23B Navy Win RTX Corporation secured a $22.9 billion Navy Tomahawk contract and topped Q2 2026 earnings estimates, prompting raised full-year guidance and continued dividend growth. MarketBeat · Aug 18
RTX’s Raytheon Lands $22.9 Billion Tomahawk Deal as US Rushes to Rebuild Missile Stockpiles Depleted by Iran War The U.S. Navy on Monday awarded RTX Corp.’s (NYSE:RTX) Raytheon a $22.9 billion, seven-year contract to dramatically expand Tomahawk missile production as the Pentagon races to rebuild precision-weapon stockpiles depleted by the Iran war and other global commitments. Benzinga · Aug 18
What is the Patriot missile system and why are supplies depleted worldwide? Global conflicts are rapidly depleting U.S. Patriot missile supplies. Ukraine urgently needs interceptors to counter Russian ballistic missile attacks. The Iran war has drained arsenals in the U.S. and Gulf states. European countries are also conserving missiles for their own defense needs. The U.S. is exploring options for Ukraine to… The Economic Times · Aug 10
Iran War Exposes US Munition Gaps as China and Russia Concerns Loom; Pentagon Awards Raytheon Missile Contract The U.S. military campaign against Iran has revealed a deeper concern about America’s defense industrial base. Benzinga · Aug 8
What is the Patriot missile system and why are supplies depleted worldwide? The Patriot air defense system faces high demand amid global conflicts. Ukraine urgently needs interceptors to counter Russian missile strikes. Middle East conflicts have depleted arsenals in the US and Gulf nations. Several European countries are also conserving their missile supplies. This situation prompts increased production and potential foreign manufacturing… The Economic Times · Aug 7
US has used 'virtually all' of its long-range precision missiles during Iran war, sources say The United States has nearly exhausted its supply of key long-range missiles. This depletion occurred during the ongoing five-month conflict with Iran. Concerns are rising about the military's readiness for future potential conflicts. The nation also used a significant portion of its Tomahawk missile reserves. Officials worry about the impact… The Economic Times · Aug 4
Ukraine says it hit a major Russian oil refinery hours after Zelensky’s meeting with Trump Overnight attack started a fire at the Ryazan refinery, ramping up pressure on Moscow The Independent UK · Jul 29
MarketBeat · Jul 26 RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? RTX and Lockheed Martin topped Q2 earnings estimates and grew their backlogs to record levels, sending both defense stocks higher as the Iran conflict reignites investor interest.
MarketBeat · Jul 25 Defense Earnings Show Readiness Now and Modernization Ahead Lockheed Martin, Northrop Grumman, and RTX posted record backlogs and raised guidance this week, driven by both near-term missile defense demand and long-term military modernization programs.
Benzinga · Jul 24 Laura Loomer: 'Propagandized by Russia' — Is MAGA Splitting On Ukraine? Laura Loomer, one of President Donald Trump’s most loyal allies, spent years minimizing Russia’s invasion and amplifying Russian propaganda to her nearly two million social media followers, once calling Ukraine “a country full of Nazi apologists.”
The Independent UK · Jul 24 Ukraine's Zelenskyy says he's in talks with a US company to jointly produce Patriot air defenses Ukrainian President Volodymyr Zelenskyy says he has met with representatives of U.S. company Raytheon in Kyiv to discuss the joint production of Patriot air defense systems
The Economic Times · Jul 10 US license could let Ukraine produce Patriot missiles, but it won't be simple or quick President Trump announced the United States will allow Ukraine to produce Patriot air-defense systems. This significant pledge, however, faces considerable hurdles in actual implementation. Experts and officials warn that full domestic production could take several years to achieve. Ukraine would likely focus initially on assembly or producing less complex components.…
The Independent UK · Jul 10 A US license could let Ukraine produce Patriot missiles, but it won’t be simple or quick U.S. President Donald Trump’s pledge to give Ukraine a license to produce Patriot air-defense systems could mark a major breakthrough for Kyiv
The Economic Times · Jul 7 US in talks on Europe missile co-production, source says The United States is discussing missile co-production with European allies. Germany and other nations are considering a maintenance facility for Patriot missiles. These projects aim to increase production capacity for American defense giants. High demand for missiles stems from the ongoing conflict in Ukraine. Both countries will sign a statement…
Barchart · Jul 3 What to Expect From RTX Corporation's Q2 2026 Earnings Report RTX Corporation will release its second-quarter earnings later this month, and analysts anticipate a single-digit bottom-line growth.
The Economic Times · Jun 22 China hits back at US sanctions on tech giants, restricts exports to 10 American defense firms China imposed export controls on 10 US companies involved in defence and rare earths mining in response to Washington's blacklist, and banned public procurement from dozens more firms, Beijing said Monday. China's finance ministry simultaneously announced a ban on agencies involved in public procurement from buying products made by 46…
International Business Times UK · Jun 8 'China Is Watching': US Fired Over 1,000 Missiles at Iran, Analysts Say It Will Take Years to Replace The US depleted its missile stockpiles during the Iran war, creating a vulnerability window that China may exploit. Rebuilding efforts could take years, raising concerns over future conflicts.
The Economic Times · May 27 US will need years to replenish stockpiles of advanced weapons used in Iran war, analysis finds A new CSIS report has warned that the United States could take up to three years to replenish key missile stockpiles depleted during the Iran war, raising concerns over preparedness for a potential conflict with China. The study said inventories of Tomahawk, Patriot and THAAD systems have been significantly reduced,…