Defense contractor
Appears in 2 stories
Expected prime contractor for JLWS
The U.S. military spent four decades chasing a laser that could shoot down a cruise missile. On April 28, 2026, the Pentagon detailed its latest attempt: the Joint Laser Weapon System, a containerized 150-kilowatt beam—scalable toward 500 kilowatts—that the Army and Navy will share, mounting it on trucks, ships, or anywhere a 20-foot container can sit.
Updated Apr 30
Stock up 7.9% on budget news despite F-35 delivery delays
Trump wants to spend $1.5 trillion on defense in 2027—a jaw-dropping 66% jump from this year's $901 billion. One day he banned defense contractors from stock buybacks until they deliver weapons on time. The next day he promised them a gold rush. Defense stocks whipsawed, then surged: Northrop up 8.3%, Lockheed 7.9%.
Updated Jan 13
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