Defence & Space: 20 October 2026

• 01

  BAE Systems signed two US deals to ramp up guided munitions, including up to 25,000 precision-guided kits a year and a long-term APKWS production agreement.

  Multi-year production agreements give a supplier steady demand and signal the US wants more guided munitions made at scale. The effect reaches the munitions makers and the parts suppliers behind them.

  Primes· BA.L·Source 1·Source 2

  Screener matches in Land and munitions, and Primes · Tuesday's close, 20 Oct

  • Lockheed MartinLMT

    All six checks pass, with the price 2.1% above a flat 200-day average.

    Shortlisted

  • Dassault AviationAM.PA

    All five checks on file pass, with the price 2.6% above a flat 200-day average. One check has no data.

    Shortlisted
• 02

  Elbit Systems won a $235 million contract to supply rockets and launchers to a European country.

  The deal is government-to-government, which shows European buyers are still paying for rocket artillery. It is a read-across for land-munitions makers and for defence electronics, where Elbit sits.

  Electronics· ESLT·Source 1·Source 2

  Closest to a screener match in Land and munitions, and Electronics · Tuesday's close, 20 Oct

  • SaabSAAB-B.ST

    One check short of a pick.

    Not a match

  • TeledyneTDY

    One check short of a pick.

    Not a match
• 03

  Lockheed Martin and RTX picked up US Army and Navy-related work: a $215 million Javelin launch unit contract, plus a $117.1 million Apache radar support contract for Lockheed.

  These are routine but steady orders for the big prime contractors, and they feed work down to the electronics and sensor suppliers. Both companies report earnings this week, so the order flow will be read alongside their results.

  Primes· LMT, RTX·Source 1·Source 2

  Screener matches in Primes and Electronics · Tuesday's close, 20 Oct

  • Lockheed MartinLMT

    All six checks pass, with the price 2.1% above a flat 200-day average.

    Shortlisted

  • Dassault AviationAM.PA

    All five checks on file pass, with the price 2.6% above a flat 200-day average. One check has no data.

    Shortlisted
• 04

  L3Harris received an $876 million award for the Navy's Next Generation Jammer Low Band program.

  It is the largest single award in today's news. It points to continued spending on electronic warfare, which depends on specialist electronics suppliers.

  Electronics· LHX·Source

  Screener matches in Electronics and Primes · Tuesday's close, 20 Oct

  • Lockheed MartinLMT

    All six checks pass, with the price 2.1% above a flat 200-day average.

    Shortlisted

  • Dassault AviationAM.PA

    All five checks on file pass, with the price 2.6% above a flat 200-day average. One check has no data.

    Shortlisted
• 05

  Palantir rose after a federal cloud software partnership with Knox, while Booz Allen Hamilton slipped and Leidos edged higher.

  Government software and services names did not move together, so the news helped Palantir more than its peers. Booz Allen reports later this week.

  Software and services· PLTR, BAH, LDOS·Source

  Closest to a screener match in Software and services · Tuesday's close, 20 Oct

  • PalantirPLTR

    One check short of a pick.

    Not a match

  • CACICACI

    Two checks short of a pick.

    Not a match

Published 20/10/2026, 08:03 UTC · claude-sonnet-5-5