Defence & Space —
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What changed in defence and space, and why it mattered.
Pentagon hands Raytheon up to $20.7 billion to nearly double AMRAAM output
This is the largest single award in the pack and signals a sustained ramp in missile production capacity, a direct read on munitions demand that flows through to RTX's backlog for years.
Huntington Ingalls wins $5.1 billion to overhaul USS Truman carrier
A multi-year, multi-billion dollar sustainment award underscores the Navy's reliance on HII for carrier maintenance work, adding long-duration revenue visibility even as the naval shipbuilding group trades weak.
Boeing secures $2.38 billion order for 22 more F-15EX jets
Back-to-back reports confirm a fresh fighter order for Boeing's defense unit, reinforcing F-15EX as a steady production line alongside the company's commercial business.
L3Harris lands over $6 billion from Lockheed for THAAD propulsion
A supplier-level deal of this size shows missile defense spending cascading down the supply chain, benefiting L3Harris directly while reinforcing Lockheed's THAAD program economics.
Lockheed Martin adds over $1 billion in separate defense deals
Additional contract wins on top of the THAAD propulsion deal add to Lockheed's order book, though the pack gives no breakdown of which programs are involved.
Redwire selected for $980 million Space Force contract, launches Sophia orbital data center platform
The award and new product line matter for Redwire's growth story, but the stock still crossed below its longer-term trend this week, showing the news has not yet turned the chart.
Northrop Grumman and Elbit Systems fall sharply while naval and electronics groups weaken further
Northrop dropped 4.2% and Elbit 3.0% on a day with no company-specific catalyst in the pack for either; naval names have now fully lost their footing over the past week and electronics continued sliding, with Elbit and Teledyne both breaking down, suggesting pressure is broadening beyond single names. Space also weakened again as Redwire slipped below trend despite its new contract, while primes, drones and components stayed flat near the bottom and aero-engines pulled back from a near-universal high as GE Aerospace broke down.
Primes · Naval · Aero engines · Electronics · Space· NOC, ESLT
Published 01/10/2026, 08:01 UTC · claude-sonnet-5