A Redburn analyst sees opportunities for Lockheed Martin, Northrop Grumman, and Kratos as militaries invest in advanced weapons and lower-cost technology.
Pre-Market Stock Futures: Futures are trading higher after we started off the first full trading week of the undefined quarter in solid style, as all major indices finished the day higher despite interest rates continuing to tick higher. Technology led the way, and the tech-heavy Nasdaq responded, closing at 27,477, up 1.05% to a new
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Stocks clawed back from a wild Thursday session, oil surged past $100, and Wall Street analysts reshuffled their bets on names from Airbnb to Northrop Grumman. Find out which stocks got upgraded, downgraded, or newly covered heading into the first Friday of Q4 2026.
Boeing secured the $20B Navy sixth-generation fighter jet contract, consolidating both NGAD fighter programs after winning the Air Force F-47 award. BA's selection leverages shared technology, production investments, and existing carrier-based and drone capabilities, but introduces significant cost and schedule risk. Short-term cost savings and industrial base concerns drove the decision, yet BA's recent history of overruns and delays heightens execution risk for both programs.
Defense budgets are surging toward record levels, yet three of America's biggest contractors enter October trading nowhere near their peaks. One of them just posted the largest earnings beat of the group, and the market still walked away unimpressed.
Defense contractors win contracts that stretch across multiple budget cycles, which means their dividend programs rest on a very different foundation than most industrial companies.
Northrop Grumman Corporation (NYSE: NOC - Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $504.61, but opened at $483.00. Northrop Grumman shares last traded at $484.5310, with a volume of 245,732 shares trading hands. Trending Headlines about Northrop Grumman Here are the key news stories impacting Northrop