By now, you've probably heard the news: Last month, rising defense technology star Palantir Technologies (PLTR 1.60%) won a $10 billion contract from the U.S. Army, consolidating 75 separate, smaller contracts into a single award, guaranteeing Palantir about $1 billion in annual revenue for the next 10 years.
GE Aerospace's (GE -0.71%) joint venture, CFM International, and RTX's (RTX -0.06%) Pratt & Whitney produce rival engines in the Airbus A320neo. In addition, the CFM engine, LEAP, is the sole engine option on the Boeing 737 MAX.
Production in Europe will support increased global capacity TUCSON, Ariz. , Aug. 19, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Diehl Defence have signed a memorandum of understanding to co-produce key elements of the Stinger® missile in Europe.
Full coverage counters massive, coordinated attacks WHITE SANDS MISSILE RANGE, N.M., Aug. 18, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, successfully completed another 360-degree flight test for the Lower Tier Air and Missile Defense Sensor, or LTAMDS, using one of the radar's secondary arrays to track and intercept a complex, threat representative target.
For more than a year now, I've been warning investors that defense stocks cost too much. At first, that warning seemed prescient, when shares of almost all of America's leading publicly traded defense companies declined within months of my sounding the alarm.
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