Palantir, Anduril join forces with tech groups to bid for Pentagon contracts, FT reports

Palantir and Anduril are forming a consortium with tech giants for U.S. government contracts, emphasizing AI and advanced defense technologies amidst military efficiency initiatives.

RBC adjusts ratings on Aerospace & Defense stocks

RBC Capital Markets updated ratings for Aerospace & Defense firms, upgrading RTX and Hexcel, while downgrading General Dynamics and V2X, citing mixed market trends and challenges.

Navy shipbuilding gets $5.7B boost for labor costs, positive for General Dynamics and Huntington Ingalls - TD Cowen

Trump's Musk-led efficiency drive may spur defense-tech partnerships

Trump's efficiency drive may boost smaller defense tech firms like Musk's by loosening existing contracts of major contractors, facilitating innovation in defense projects like AI drones and submarines.

As Trump returns analysts see defence stocks rising

US approves $385 million arms sale to Taiwan

Analysis-Headwinds hit Trump-fueled rally in US stocks

The article discusses the decline of U.S. stock markets following Trump's election due to inflation fears and policy uncertainty, despite overall positive performance in 2023.

US defense shares, government contractors fall after Trump efficiency picks

Defense and government contractors' shares decline amid uncertainty over Trump's proposed efficiency department and cabinet appointments, including Musk and Ramaswamy, raising concerns about potential budget cuts.

Textron lowers annual profit forecast on impact from Wichita strike

Textron reduced its 2024 profit forecast due to a strike affecting operations, impacting third-quarter results and revenue. A new CFO, David Rosenberg, has been appointed.

Earnings call: General Dynamics reports strong Q3 with aerospace surge