Lockheed Martin delivered better-than-expected fourth-quarter topline and signed an agreement with the Department of War to expand missile production capacity.
Last week, during its Investor Day, Ondas raised its 2026 revenue outlook to a range of $170 million to $180 million, 25% above its previous $140 million target.
The project, known as Sentinel, is being developed in collaboration with G2 Tech, an Israeli deep-tech AI firm, to create an autonomous perimeter security platform.
The registered direct offering consists of 19 million newly issued ordinary shares, plus pre-funded warrants that allow the purchase of up to about 41 million additional shares.
Truist noted that the firm's expanding global orders and capacity growth are expected to accelerate key segments, particularly in missiles and fire control, which could generate double-digit growth over the coming year.
The new order, signed during the Dubai Airshow, brings Emirates' 777X orderbook, consisting of the 777-9 and 777-8 models, to 270 airplanes, further bolstering its position as the largest 777X customer.
According to a Reuters report citing people familiar with the matter, Airbus is on course to win about 100 jet orders from the United Arab Emirates-based FlyDubai, which has until now bought from Boeing.
As the government prepares to end the shutdown, defense, infrastructure, and federal services ETFs are torn between spending hopes and fiscal uncertainty.
