How Are Defense Earnings Rewriting Priorities From Tanks To Drones?

Defense contractors reported rising backlogs and uneven deliveries as rearmament shifts demand toward munitions, drones, and air defense. Lockheed Martin saw sustained orders in missiles and fire control while F 35 deliveries reflected Technology Refresh 3 changes. RTX’s Raytheon missiles and defense benefited from Patriot, NASAMS, and Stinger demand, while Pratt & Whitney absorbed a multi billion dollar geared turbofan inspection charge. General Dynamics expanded artillery, armor, and Columbia class submarine work, and Huntington Ingalls advanced sustainment programs. The U.S. Army targeted about 100,000 155 millimeter rounds per month by 2025, the European Union pursued one million rounds, and AeroVironment reported fiscal 2024 revenue above $700 million. BAE Systems closed its roughly $5.5 billion purchase of Ball Aerospace, Rheinmetall expanded ammunition capacity, and L3Harris’s Aerojet Rocketdyne deal addressed solid rocket motor constraints. Policy support included the 2024 U.S. supplemental of about $95 billion and NATO members meeting two percent of GDP on defense. Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.