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Aerospace 29 April 2026 - 30 June 2026

Rocket Lab (NASDAQ:RKLB) to acquire Iridium (NASDAQ:IRDM) in $8B deal

Rocket Lab surges, adding $8 billion after Iridium deal shifts RKLB cash flow

Rocket Lab Corporation traded at $98.01 in the premarket session Tuesday, up $13.43 from Monday’s close. That quote put the company’s value at $59.3 billion, so the premarket gain added about $8.1 billion in equity value. Nasdaq runs premarket hours from 4:00 a.m. to 9:30 a.m. ET. Here’s the straightforward math for investors. Rocket Lab gave itself a bit more than the $8.0 billion enterprise value it put on Iridium. The company is using its own shares as funding, too: Iridium shareholders get $27 in a mix of cash and Rocket Lab stock, with the stock portion tied to a $67.50-$112.50 collar. Rocket Lab was quoted premarket within that range.
Rocket Lab (NASDAQ:RKLB) to acquire Iridium (NASDAQ:IRDM) in $8B deal

Rocket Lab (NASDAQ:RKLB) to acquire Iridium (NASDAQ:IRDM) in $8B deal

NEW YORK, June 29, 2026, 11:13 EDT. Rocket Lab said it will buy Iridium in an $8 billion deal, moving the satellite race into a new phase as RKLB eyes cash flow from IRDM’s network. Rocket Lab Corporation said it will acquire Iridium Communications Inc. in a cash-and-stock deal that puts an $8 billion tag on the satellite operator. Investors will probably notice Rocket Lab paying up with its high-valuation public shares to pick up a company already turning out operating profits. Iridium shareholders will be paid $54 a share, split $27 in cash and the rest in Rocket Lab shares, the companies said.
GE Aerospace jumps to 52-week high on reported U.S. plans for Turkey engine sale

GE Aerospace jumps to 52-week high on reported U.S. plans for Turkey engine sale

GE Aerospace climbed 2.94% to $366.96 in early afternoon trading Wednesday, pulling back a bit after reaching $369.25, the highest print on its quote page in the last 52 weeks. Shares started at $356.84, a touch higher than Tuesday's $356.47 close. Trump administration plans to go ahead with a deal to sell Turkey dozens of GE-made jet engines for its Kaan combat jet, Reuters said. A source put the value of the package at more than $700 million. The sale could close in the next few days, ahead of the formal notice to Congress. Representative Gregory Meeks has already raised objections in an informal review.
Elbit shares rally 11.5% after Germany SkyStriker drone order

Elbit shares rally 11.5% after Germany SkyStriker drone order

Elbit Systems and Diehl Defence are working together to pitch the SkyStriker loitering munition to the German Armed Forces, after agreeing a strategic partnership at ILA Berlin. The deal would see production and support in Germany if the system is selected, the companies said. Diehl added that the agreement also involves local manufacturing, assembly, integration and qualification work in Germany. SkyStriker is being marketed as a long-range, autonomous loitering munition built to locate, track and hit targets picked by an operator. Elbit and Diehl report the weapon can take a warhead up to 10 kg, stay in the air over two hours, and fly out past 200 km. It can launch from land vehicles, EuroPULS rocket systems, ships, containers or aircraft.
Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in View

Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in View

Honeywell International Inc. shares gained this week as traders watched for updates on the company’s post-breakup path and the coming spin of Honeywell Aerospace. HON finished Friday at $220.31, up 0.54%. Volume was about 4.66 million shares, with a market cap around $139.6 billion. The price move was small by the end of the day, but Honeywell’s status as a Dow component meant the stock lent support to the Dow’s session advance, since the price-weighted index moves with changes in big-name shares, according to MarketWatch. Honeywell’s latest investor-day comments are moving the stock. Reuters said Thursday the company is now looking at acquisitions between $2 billion to $4 billion, mostly in industrial automation. That’s a tighter range than Honeywell’s earlier deal targets of $1 billion to $7 billion. “There is a ton of opportunity for M&A,” Honeywell Industrial Automation president Peter Lau told investors, referring to mergers and acquisitions.
13 June 2026
SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

Space and satellite stocks in the U.S. pulled back hard to close out the week, with a selloff following SpaceX’s public trading debut. The IPO had sparked a rally earlier, but traders jumped to take profits after SpaceX started trading. SpaceX’s IPO was priced at $135 a share, selling 555,555,555 shares. Shares traded at $160.95, up 19% from the IPO price, according to latest market data. SpaceX’s public market debut sets a new valuation benchmark for other launch, satellite broadband, and space-infrastructure stocks. Space stocks dropped across the board. Latest U.S. prices had Rocket Lab off 10.8%, AST SpaceMobile sliding 15.5%, Intuitive Machines down 13.1%, Planet Labs off 8.8% and Redwire losing 11.6%. The Procure Space ETF dropped 6.9%. ARK Space & Defense Innovation ETF lost 1.9%. Those declines in sector ETFs—baskets of shares that trade like stocks—point to a sector-wide move and not just a single name.
Merlin Moves Higher in Premarket After U.S. Military Clears Next Flight-Test

Merlin Moves Higher in Premarket After U.S. Military Clears Next Flight-Test

Merlin Inc shares were up sharply before the bell Friday after the autonomous-flight software maker announced its C-130J project with U.S. Special Operations Command passed a major engineering milestone, advancing the aircraft work closer to integration and formal tests. Premarket quotes put the stock at $9.14 at 6:47 a.m. EDT, a 25.7% gain. Merlin is still fresh as a public defense-tech name and early on revenue, so investors are watching for proof its military autonomy work is turning into real hardware. The stock stood out on a weaker day, with Reuters saying Nasdaq and S&P 500 futures dipped Friday before U.S. payrolls numbers.
Redwire’s Space Surge Pauses as Jefferies Lowers Rating

Redwire’s Space Surge Pauses as Jefferies Lowers Rating

Redwire Corp traded a bit higher Tuesday, after dropping hard Monday. Jefferies downgraded the space-and-defense name to “Hold,” saying the stock’s run was outpacing the company’s fundamentals. Redwire shares gained 0.7% to $20.82 in afternoon trade, putting the company’s market value near $4.0 billion. The stock touched $22.13 at its high and dropped to $20.36 at the low. Volume topped 30 million shares for the session.
Starfighters Space Stock Holds Up as FJET Defies Broader Drop

Starfighters Space Stock Holds Up as FJET Defies Broader Drop

Starfighters Space stock surged Monday, with the small NYSE American aerospace name sharply up as other publicly traded space companies fell. The shares last traded at $9.50, off an intraday high of $9.71. They started the session at $7.23 and bottomed at $6.80. Nearly 9.0 million shares changed hands, according to market data. The market cap stood at about $418 million.
Honeywell heads into the weekend up 4%, as IPO talk and aerospace plans swirl

Honeywell heads into the weekend up 4%, as IPO talk and aerospace plans swirl

Honeywell International finished the shortened U.S. trading week higher, getting a lift from stronger markets and new focus on Quantinuum. The Honeywell-backed quantum computing firm is planning an IPO. The timing is key. Honeywell is just weeks away from spinning off its aerospace unit, and Quantinuum’s IPO is set to give investors another look at valuation inside the group as it goes public for the first time.
30 May 2026
AeroVironment Jumps 17% on Drone Funding Chatter

AeroVironment Jumps 17% on Drone Funding Chatter

AeroVironment Inc. shares surged over 17% Thursday, part of a broad jump in U.S. drone names following news of possible Washington funding for domestic drone producers. AeroVironment also said it landed a $20 million defense materials contract. Shares were last up $31.21 at $212.49 after reaching $216.59 earlier in the session. Volume was close to 3.0 million. Investors now see drones and counter-drone tech as a policy trade rather than only a defense play. Reuters, citing the Wall Street Journal, said the Trump administration has been talking about funding some drone companies, with the Pentagon and the Office of Strategic Capital involved in the conversations. Reuters said it could not verify the report.
Kratos Shares Move After Drone Funding Report

Kratos Shares Move After Drone Funding Report

Kratos Defense & Security Solutions stock took off in premarket trade Thursday, lifted with other U.S. drone names after word the Trump administration is discussing funding for domestic drone companies. The Reuters report pushed Kratos up 11.2% ahead of the open, with AeroVironment up 9.1% and Unusual Machines rallying 33%. Timing is key here. Washington wants to bolster its domestic drone industry — meaning uncrewed aircraft for surveillance, attack and support — and that’s got investors seeing a potential boost for smaller defense-tech firms, not just the traditional big defense contractors.
GE’s Air Force Engine Win Draws Attention to Drone Push

GE’s Air Force Engine Win Draws Attention to Drone Push

GE Aerospace picked up a U.S. Air Force contract for its GE426 engine, pushing the company deeper into the fight to supply engines for autonomous combat planes expected to operate alongside crewed aircraft. The deal funds a preliminary design review, which is an early technical step before moving to pricier prototyping and trials, part of the Air Force’s medium-thrust Autonomous Collaborative Platform program. The Air Force is moving to keep options open on drone-wingman engines. In February it split engine work among Beehive Industries, Honeywell, Pratt & Whitney, and a GE-Kratos group. The service said picking more than one company would help avoid relying on a single supplier for future Autonomous Collaborative Platform and Collaborative Combat Aircraft, or CCA, needs.
Redwire Shares Pop in Pre-Holiday Trade as Drone News Draws Attention

Redwire Shares Pop in Pre-Holiday Trade as Drone News Draws Attention

Redwire Corp is set for the holiday week after posting a strong rally Friday. Stock jumped 13.9% to $17.49. More than 55 million shares traded. Investors moved in after signals that Redwire’s drone group is landing bigger military contracts. Redwire stock jumped about 24% from the prior Friday’s close after the company last week showed two new contract wins, as it tries to stretch from space hardware into uncrewed aircraft. U.S. markets are closed for the weekend and for Monday’s Memorial Day.
Lockheed Martin Rises Going Into Holiday on Missile Plans

Lockheed Martin Rises Going Into Holiday on Missile Plans

Lockheed Martin shares climbed 2.0% Friday to close at $533.24, pushing the stock about 3.3% higher from where it stood on May 15 ahead of the Memorial Day break. The defense company managed a stronger finish after a volatile week, as investors balanced worries over earnings with shifting missile demand. Capacity is the focus now. Lockheed has started building an 87,000-square-foot munitions center in Troy, Alabama to boost production of THAAD interceptor missiles and Next Generation Interceptors. CEO Jim Taiclet called it “an important step forward.” Pentagon weapons buyer Michael Duffy said, “talk becomes action.”
Firefly Aerospace Stock Rockets 15% As SpaceX IPO Buzz Puts FLY Back On Traders’ Radar

Firefly Aerospace Stock Rockets 15% As SpaceX IPO Buzz Puts FLY Back On Traders’ Radar

Firefly Aerospace Inc. shares closed 15.5% higher at $49.50 on Friday and ended the week up about 22%, as investors bought publicly traded space names after fresh SpaceX news pulled attention back to the sector. The move came on heavy volume for FLY and put the stock above its August IPO price. The timing matters. U.S. markets are shut for the weekend and Nasdaq is closed Monday, May 25, for Memorial Day, leaving Tuesday as the next regular trading session for investors to decide whether Friday’s move was a durable bid or a late-week chase.
Redwire Stock Jumps 22% as Drone Showcase Draws Attention to Record Backlog

Redwire Stock Jumps 22% as Drone Showcase Draws Attention to Record Backlog

JACKSONVILLE, Fla., May 15, 2026, 05:03 EDT Shares of Redwire Corporation surged over 22% on Thursday, catching a fresh wave of investor attention just before the space-and-defense tech firm’s upcoming military technology showcase. The move followed a quarterly report revealing a record order backlog, though losses widened. Redwire finished the session at $13.99, up 22.08%, according to coverage published Thursday evening.
15 May 2026
Redwire Stock Jumps as $498 Million Backlog Puts Defense Orders Back in Focus

Redwire Stock Jumps as $498 Million Backlog Puts Defense Orders Back in Focus

Redwire Corporation shares jumped Monday, with investors moving back into the space-and-defense tech supplier after last week’s earnings pointed to a record-high backlog, improved margins, and a wave of new military contracts. Shares climbed roughly 10.1% to $12.19 in the early afternoon, after reaching as high as $12.50. That puts the Jacksonville-based company's market cap close to $2.36 billion.
General Dynamics Corporation Stock Jumps After Submarine Orders, Gulfstream Jets Lift 2026 Outlook

General Dynamics Corporation Stock Jumps After Submarine Orders, Gulfstream Jets Lift 2026 Outlook

Shares of General Dynamics Corporation surged 10.9% to $347.72 in New York afternoon action after the company reported stronger-than-expected quarterly profit and revenue, prompting it to lift its 2026 earnings guidance. The defense contractor now projects full-year EPS between $16.45 and $16.55, up from the previous outlook of $16.10 to $16.20. Timing’s key here. Defense-focused investors want more than big order backlogs—they want to see those translate into actual production, real cash, and fatter margins, not just long-range plans. General Dynamics is right in the spotlight: its Electric Boat division cranks out Virginia- and Columbia-class subs. Meanwhile, Reuters noted the Pentagon's fiscal 2027 budget request puts $65 billion toward shipbuilding.
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Stock Market Today

  • Danika Mason Says She's Expecting First Child With Liam Knight
    June 30, 2026, 9:57 PM EDT. Danika Mason, sport presenter on the Today show, said she is expecting her first child, a girl due in December. Mason and partner Liam Knight, former rugby league player, are looking forward to the new addition. Knight came back to Australia after playing in the UK so he could be with Mason. She has talked about her experience so far, from morning sickness to food cravings, drawing support from friends and colleagues. The couple confirmed their relationship in 2024 and got engaged while on a trip to Italy. The announcement drew congratulations from across the media and sports world.
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