Raytheon Technologies reported Q2 2026 adjusted EPS of $1.89 (beating $1.66 estimate) and adjusted sales of $24.71B (beating $22.9B estimate), raising full-year 2026 outlook for adjusted sales to $95B–$96B and adjusted EPS to $7.10–$7.25.

An Ukrainian expert dismissed Trump's pledge to issue a license for producing Patriot missiles as an empty public relations move.

Lockheed Martin and RTX raised sales forecasts, Intel's strong outlook supported chip stocks, AMD launched new AI chips, the dollar rose, and crypto fell.

Lockheed Martin rose 10% and RTX rose 7% after beating earnings estimates and reporting record backlogs while the broader market declined.

President Trump said he would handle a possible Red Sea blockade if it occurs.

A US bipartisan Senate delegation at the Farnborough Airshow touts a defense boom, stating the demand signal is real.

A video shows an aerial drone airlifting a kamikaze ground bot into battle, illustrating accelerated warfare automation.

Lockheed Martin will build a cheaper version of the Patriot missile to counter drone threats, as reported by the Financial Times.

Farnborough Airshow begins with Boeing and Airbus pursuing aircraft deals and defense firms competing for growing military budgets from wars in Ukraine and the Middle East.

Lockheed Martin plans to develop a lower-cost Patriot missile variant to replenish depleted stockpiles, aiming for faster fielding and production at less than half the current price.

Earnings season intensifies next week with GOOGL, INTC, TXN, TSLA, and others reporting; GOOGL's AI spending outlook and semiconductor sector results are key market catalysts amid geopolitical and Fed risks.

Defence giants are expected to maintain their dominance in the weapons market despite the rise of drone technology.

The post highlights that the Pentagon allocated billions for drone dominance, making military UAV stocks an entry opportunity after recent price declines.

A post from Finnhub suggests investors who missed the SpaceX IPO can gain space exposure through established defense contractors benefiting from Golden Dome spending.

Axios reports that President Trump's proposal for Ukraine to produce Patriot interceptors faces major manufacturing, licensing, and technology hurdles, unlikely to address Kyiv's immediate air defense needs.

US lawmaker McCaul urges deeper defense cooperation with Ukraine, including licensed Patriot production and joint drone development, to counter Russia's missile attacks.

An investor argues that the future of warfare will be defined by 300 companies, 92 of which are international, amid record Pentagon budgets approaching $1.45 trillion.

Airlines and hyperscaler companies are competing for limited gas turbine components, with only a few specialized manufacturers supplying the parts, creating a new investment opportunity.

Trump comments on the F-35 decision regarding Turkey, indicating a favorable inclination toward Erdogan but stating he has not made up his mind.