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Defense Industry News 30 January 2026 - 1 February 2026

L3Harris stock slips despite Navy Red Wolf win — what to watch in space and defense shares this week

L3Harris stock slips despite Navy Red Wolf win — what to watch in space and defense shares this week

New York, February 1, 2026, 13:01 EST — Market closed Shares of L3Harris Technologies slipped 3.7% Friday, closing at $342.85. The defense contractor had just announced a new U.S. Navy contract for a long-range precision-strike weapon. U.S. markets remain closed Sunday and will reopen Monday. The context is crucial for a sector dependent on “rearm and refill” budgets—missile defense, electronic…
BAE Systems share price in focus as Capital Group tops 11% stake and buyback ticks on

BAE Systems share price in focus as Capital Group tops 11% stake and buyback ticks on

London, Feb 1, 2026, 08:54 GMT — The market has closed. A filing revealed Capital Group bumped its holding in Britain’s BAE Systems just past the 11% threshold, shining a spotlight on the defence giant ahead of Monday’s open. London markets shut on Sunday, so Friday’s close stands as the latest stock update. The shares barely moved to end the…
RTX stock price hits $200 after $1B Army radar contract — what to know before Monday

RTX stock price hits $200 after $1B Army radar contract — what to know before Monday

New York, January 31, 2026, 14:48 EST — The market has closed. RTX shares climbed 0.5% to close at $200.93 on Friday, following news of a $1.03 billion contract modification from the U.S. Army for its Raytheon division. The deal covers work on the Lower Tier Air and Missile Defense Sensor (LTAMDS) radar, scheduled to run through March 31, 2030.…
L3Harris Navy “Red Wolf” win and Lockheed missile push: defense and space stock prices to watch Monday

L3Harris Navy “Red Wolf” win and Lockheed missile push: defense and space stock prices to watch Monday

New York, Jan 31, 2026, 13:19 EST — The market has closed. L3Harris announced it landed a U.S. Navy contract to build Red Wolf vehicles for the Marine Corps’ precision-strike program, aimed at firing long-range missiles capable of striking moving targets over 200 nautical miles away. CEO Christopher Kubasik described the system as a way to deliver “affordable mass” to…
Oracle stock price drops again as AI fears weigh; Air Force cloud order lands

Oracle stock price drops again as AI fears weigh; Air Force cloud order lands

New York, Jan 30, 2026, 17:31 EST — After-hours Oracle shares dropped 2.6%, closing at $164.58 Friday, and saw little movement after hours. Investors continued offloading software stocks, even after Oracle landed a new U.S. military cloud contract. (Zacks) The stock has slipped amid a wider selloff in software shares following earnings and guidance from SAP and ServiceNow, which stoked…
TTM Technologies stock price rises as $200 million Raytheon contract keeps buyers interested

TTM Technologies stock price rises as $200 million Raytheon contract keeps buyers interested

New York, Jan 30, 2026, 3:10 PM EST — Regular session Shares of TTM Technologies (TTMI.O) climbed $2.50, or roughly 2.6%, to $98.98 in Friday afternoon trading. The boost came after a Raytheon unit handed the company a multi-year deal linked to a U.S. air and missile defense radar system. (GlobeNewswire) The deal is significant because it locks TTM further…
RTX stock price holds near $200 after $1B Army radar contract — what traders are watching next

RTX stock price holds near $200 after $1B Army radar contract — what traders are watching next

New York, Jan 30, 2026, 14:20 EST — Regular session. RTX shares ticked up 0.3% to $200.50 Friday afternoon following news that the U.S. Army awarded a $1,025,100,000 contract modification to Raytheon for its Lower Tier Air and Missile Defense Sensor (LTAMDS) program. The work will take place in Andover, with an expected completion date set for March 31, 2030,…
Lockheed Martin stock price climbs again as THAAD ramp and 2026 outlook stay in focus

Lockheed Martin stock price climbs again as THAAD ramp and 2026 outlook stay in focus

New York, Jan 30, 2026, 12:57 PM EST — Regular session Lockheed Martin shares climbed 1.2% to $629.97 on Friday, building on a big gain after the defense giant forecast stronger results for 2026 and announced plans to ramp up missile production. The stock surged 4.23% on Thursday, closing at $622.51 and hitting a fresh 52-week high on heavy volume,…
Palantir stock falls today: UK defence deal, ICE scrutiny and the Feb. 2 earnings test

Palantir stock falls today: UK defence deal, ICE scrutiny and the Feb. 2 earnings test

New York, Jan 30, 2026, 10:37 EST — Regular session Shares of Palantir Technologies Inc (PLTR.O) dropped roughly 1.9% to $148.98 in early trading Friday, as investors pulled back from growth stocks amid broader risk-off sentiment. Timing is key. Palantir is set to report earnings on Feb. 2, with investors increasingly skeptical about whether hefty AI-related investments are translating into…
Ondas Inc (ONDS) stock slips as Singapore Airshow defense rollout comes into focus

Ondas Inc (ONDS) stock slips as Singapore Airshow defense rollout comes into focus

New York, Jan 30, 2026, 09:32 EST — Regular session Shares of Ondas Inc slipped roughly 8% to $11.27 in early Nasdaq action Friday. The drop came after the company announced plans to officially unveil a new defense and security product at next week’s Singapore Airshow. The timing is crucial. Ondas is pushing to reposition itself as a defense-tech supplier…
BAE Systems share price today: BA stock drifts lower after buyback update, $248m U.S. Navy order in focus

BAE Systems share price today: BA stock drifts lower after buyback update, $248m U.S. Navy order in focus

London, Jan 30, 2026, 08:44 GMT — Regular session BAE Systems (BAES.L) shares slipped slightly in early Friday trading following a fresh announcement of share buybacks. Investors also weighed a $248 million contract secured by its Data Link Solutions joint venture from the U.S. Navy. By 0830 GMT, the stock had dropped 0.1% to 1,971.5 pence, after sliding roughly 1.1%…
Lockheed Martin stock jumps after Pentagon missile deal and upbeat 2026 forecast

Lockheed Martin stock jumps after Pentagon missile deal and upbeat 2026 forecast

New York, Jan 29, 2026, 19:47 EST — After-hours Lockheed Martin shares rose 4.1% to $622.51 in late trading on Thursday after the defense contractor forecast 2026 profit and revenue above Wall Street estimates and detailed a profit-sharing agreement with the U.S. government to speed up production of key air-defense missiles. (Reuters) The move matters because Washington has been pushing…

Stock Market Today

  • XPO Stock Surges 40% Amid Manufacturing Rebound and Strong Q4 Results
    February 6, 2026, 1:31 AM EST. XPO Logistics, a leading less-than-truckload carrier, has gained nearly 40% year-to-date, driven by a recent manufacturing rebound and robust Q4 performance. The company posted a 5% revenue increase to $2.01 billion, surpassing estimates, and improved margins through better service metrics and reduced outsourced linehaul miles. Strong manufacturing data from the Institute of Supply Management, showing expansion for the first time in over two years, boosted investor confidence. Approximately two-thirds of XPO's shipments involve industrial goods, making it sensitive to manufacturing trends. With volumes currently flat despite winter storms and potential capacity constraints in the LTL industry following Yellow bankruptcy, XPO could see further price and profit gains if industrial demand normalizes, according to Chief Strategy Officer Ali Faghri.
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