NYSE:LHX - New York Stock Exchange, Inc. - US5024311095 - Common Stock
Trump plans to increase the defense budget by $50 billion, prioritizing areas like missile defense systems, autonomous drones, and cybersecurity. 5 companies to benefit are Huntington Ingalls, L3Harris, Lockheed Martin, General Dynamics, and Northrop Grumman.
I declared defense stocks overpriced three months ago. Today, I'm doubling down on that winning bet.
America has a new low-cost space services provider.
Palantir stock has surged on the company's growing momentum in software, especially in defense where it is facing more competition.
Palantir stock initially gained then reversed down after the software maker announced an expansion of its contract with the U.S. Special Operations Command.
Palantir announced a partnership with Booz Allen Hamilton, a competitor in some government and defense services.
The federal government on Tuesday gave Palantir a higher rating for secure cloud computing services. Palantir stock climbed on the news.
L3Harris Technologies partnership with Palantir will drive innovation and advancement in the defense industry, boosting revenue and earnings over time.