Track market-moving stories before they get noisy

ViaSat (VSAT - Free Report) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.25. This compares to a loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -107.90%. A quarter ago, it was expected that this provider of satellite and wireless networking technology would post earnings of $0.05 per share when it actually produced earnings of $0.79, delivering a surprise of +1480%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

ViaSat, which belongs to the Zacks Wireless Equipment industry, posted revenues of $1.17 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.31%. This compares to year-ago revenues of $1.15 billion. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

ViaSat shares have added about 148.3% since the beginning of the year versus the S&P 500's gain of 9.9%.

What's Next for ViaSat?While ViaSat has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for ViaSat was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.12 on $1.19 billion in revenues for the coming quarter and $0.53 on $4.84 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless Equipment is currently in the bottom 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Comtech Telecommunications (CMTL - Free Report) , has yet to report results for the quarter ended April 2026.

This communications company is expected to post quarterly loss of $0.27 per share in its upcoming report, which represents a year-over-year change of -50%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Comtech Telecommunications' revenues are expected to be $110.21 million, down 13.1% from the year-ago quarter.

3 Satellite Stocks To Check Out Before SpaceX's IPOViasat NASDAQ: VSAT reported record backlog, modest revenue growth and positive free cash flow for fiscal 2026, while executives said the satellite communications company is positioning for growth from new satellite capacity, defense technology programs and a planned shared space infrastructure venture.

On the company’s fourth-quarter earnings call, Chairman and CEO Mark Dankberg said fiscal 2026 results were “largely consistent” with Viasat’s expectations despite headwinds from a U.S. government shutdown in the second half of the fiscal year. He highlighted record new contract awards and backlog, record revenue and adjusted EBITDA, and “nearly $600 million in free cash flow,” including a lump-sum Ligado payment.

Get Viasat alerts:

Small-Cap Standouts: These 3 Stocks Rose Over 300% in 2025Chief Financial Officer Gary Chase said Viasat generated fiscal 2026 revenue of $4.6 billion, a GAAP net loss of $34 million and adjusted EBITDA of $1.55 billion. Cash flow from operations was $1.6 billion, or $1.2 billion excluding the Ligado payment, while capital expenditures were just under $1 billion. Free cash flow was $597 million, or $177 million excluding the Ligado payment.

“From a cash flow point of view, our teams delivered in a big way,” Chase said, adding that Viasat produced positive free cash flow in each of the last five quarters.

Fourth-quarter awards and backlog rise Viasat: Why a Wall of Cash Has Shorts Running for CoverFor the fiscal fourth quarter, Chase said awards were about $1.3 billion, up 9% from the prior-year period, led by communication services growth in maritime, government SATCOM and aviation. Backlog reached approximately $4.1 billion, up 15%, with double-digit growth in both communication services and defense and advanced technologies, or DAT.

Quarterly revenue was $1.2 billion, up about 2%, as 12% growth in DAT was partially offset by a 2% decline in communication services. Net income was $59 million, an improvement of $305 million, which Chase attributed mainly to a gain from the sale of Viasat’s equity investment in Navarino, lower general and administrative expense and lower interest expense. Adjusted EBITDA was $370 million, down 1%, reflecting incremental research and development spending and a higher-than-expected effect from the government shutdown.

Viasat completed the divestiture of its interest in Navarino in March, receiving gross proceeds of $203 million. Chase said net debt to trailing adjusted EBITDA improved to 3.1 times, and the company paid down $743 million of debt during the year while increasing available cash.

Segment trends show aviation and DAT strength In communication services, quarterly awards increased 13% to $877 million, while revenue fell 2% to $810 million. Chase said aviation revenue rose 11%, with approximately 4,450 commercial aircraft in service at quarter-end, up 10% year over year, along with higher average revenue per aircraft. Viasat ended the quarter with a commercial aircraft unit backlog of 1,000.

Government SATCOM revenue grew 5%, supported by U.S. and international government demand. Government awards and backlog rose 18% year over year. Maritime revenue declined 1%, as vessels in service were down, though Chase said demand for NexusWave remained strong. Viasat ended the quarter with about 1,350 NexusWave vessels in service and 1,500 more in backlog.

Fixed services and other revenue declined 24% as U.S. fixed broadband subscribers continued to fall. Viasat ended the quarter with 130,000 subscribers and average revenue per user of $113.

In DAT, quarterly awards increased 2% to $403 million, driven by growth in information security and cyber defense. Revenue rose 12% to $361 million, including 24% growth in information security and cyber product revenue and 16% growth in space and mission systems. DAT adjusted EBITDA increased 20% to $83 million.

Fiscal 2027 outlook calls for mid-single-digit revenue growth For fiscal 2027, Chase said Viasat expects revenue to grow in the mid-single digits, with low-single-digit growth in communication services and mid-teens growth in DAT. Adjusted EBITDA is expected to be flat to up slightly and weighted toward the back half of the year.

Chase said EBITDA comparisons will be affected by a declining contribution from an intellectual property settlement in advanced technologies and other business, along with the removal of Navarino EBITDA following the sale. Together, those items represent about a two-percentage-point headwind versus fiscal 2026.

Viasat expects reported capital expenditures of $950 million to $1 billion in fiscal 2027, including about $850 million of cash CapEx. The company expects free cash flow to be similar to fiscal 2026 levels excluding Ligado, or about $180 million.

Within communication services, Chase said aviation revenue should grow as average revenue per aircraft increases, though at a moderating rate. Maritime vessels are expected to decline modestly, but the NexusWave installed base is expected to grow significantly. Fixed broadband is expected to continue declining until ViaSat-3 enters service, after which Viasat expects stabilization. Government SATCOM is expected to grow again.

ViaSat-3 launches and Equitas plans remain central Dankberg said Viasat successfully completed all deployments on ViaSat-3 Flight 2 after quarter-end, with service entry pending FCC authorization. ViaSat-3 Flight 3 launched successfully on April 29, with radiator and solar array deployments completed and orbit raising underway. Flight 3 is expected to cover the Asia-Pacific region, arrive on station in about a month and enter service in August or September.

Dankberg said the fleet expansion is expected to roughly triple bandwidth inventory and support growth in aviation, maritime, fixed services and government SATCOM.

Executives also discussed Equitas, a shared multi-tenant, multi-orbit L- and S-band infrastructure entity being formed with Space42. Dankberg described Equitas as similar to terrestrial shared tower infrastructure, allowing multiple spectrum holders to use common space and ground infrastructure. He said Viasat expects to participate as the initial technology prime contractor and is targeting services in 2029.

In response to analyst questions, Dankberg said Viasat is not contributing spectrum to Equitas but could use its spectrum through the infrastructure. He said the company expects to provide more details on Equitas after finalizing related agreements.

Defense opportunities and strategic review Dankberg said Viasat recently received a follow-on award tied to the Protected Tactical SATCOM-Global program, or PTSG, for delivery of a small, low-cost, maneuverable dual-band geosynchronous orbit U.S. government tactical satellite. He described PTSG as an opportunity to expand Viasat’s role in government tactical space systems and services.

Asked about the strategic review of the DAT business and the potential for a spin-off, Dankberg said the core question is whether DAT is an “appreciating asset.” He said Viasat sees value in keeping dual-use technology and services together for now, particularly in areas such as PTSG, while retaining optionality.

Viasat also announced board additions during the call. Dankberg welcomed Shekar Ayyar and Jinhy Yoon, both of whom have been appointed to the company’s Board Strategic Review Committee. He also noted a cooperation agreement with Carronade Capital Management, saying Viasat believes the agreement is in the best interest of the company and its shareholders.

About Viasat NASDAQ: VSATViasat, Inc NASDAQ: VSAT provides high‐capacity satellite broadband and wireless communications services to consumer, commercial and government customers worldwide. The company designs and operates satellite systems and network infrastructure to deliver secure, high-speed connectivity across remote and underserved regions, as well as managed networking solutions for enterprises and public sector agencies.

Viasat's product offerings include residential and enterprise satellite internet services, in-flight connectivity for commercial airlines and business jets, and secure networking platforms tailored to defense and intelligence users.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Viasat Right Now?Before you consider Viasat, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Viasat wasn't on the list.

While Viasat currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.

"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.

Get This Free Report

Viasat, Inc. (VSAT) Q4 2026 Earnings Call Transcript

CARLSBAD, Calif., June 01, 2026 (GLOBE NEWSWIRE) -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has been selected by Lockheed Martin to provide high-bandwidth satellite communications technology in support of the National Oceanic and Atmospheric Administration’s (NOAA) next-generation C-130J Hercules “Hurricane Hunter” aircraft program. Under a subcontract reporting through its Communication Services segment, Viasat’s government SATCOM team will support Lockheed Martin’s delivery of two specially modified C-130J aircraft, with prime contract options for additional aircraft.

These C-130J Super Hercules aircraft will be designed to serve as airborne laboratories that collect critical environmental data to improve hurricane forecasting and severe weather prediction. These next-generation aircraft are expected to enter service by 2030, replacing legacy platforms and significantly enhancing NOAA’s ability to gather mission critical atmospheric data in extreme operating environments.

NOAA reports that access to aircraft data substantially improves hurricane tracking and intensity forecasts, underscoring the importance of resilient airborne connectivity for NOAA’s mission and the impact of real-time communications on evacuations. Viasat will provide engineering support, terminal hardware and structural integration data to enable high-capacity satellite connectivity onboard the C-130J platform. The solution is intended to support NOAA’s real-time transmission of scientific and operational data collected during hurricane and tropical cyclone reconnaissance missions.

“The selection of Viasat by Lockheed Martin for the NOAA C-130J program is a strong validation of our open-architecture approach to resilient airborne communications,” said Victor Farah, Senior Vice President, Government Services and Solutions. “By enabling a standardized, ARINC compliant integration, this program not only supports NOAA’s lifesaving weather research mission today but also helps futureproof the aircraft for evolving connectivity and aircraft mission communications requirements.”

The program represents the first formal line-fit integration of Viasat’s Hybrid SATCOM Approach (HSA) technology on the C-130J platform, establishing a factory integrated connectivity solution that reduces the time, cost and risk traditionally associated with post-delivery aircraft modifications. To date, hundreds of C-130Js have been delivered and certified by 20 airworthiness authorities to support diverse, multi-mission global operations. The line-fit, factory integration of the HSA foundation offers the potential to scale and support resilient connectivity needs as mission requirements and satellite network architectures evolve.

NOAA’s configuration will integrate HSA’s ARINC 791/792-compliant antenna baseplate with Viasat’s Ku/Ka broadband antenna, providing a standardized foundation and structure that supports robust mechanical integration today while allowing for seamless technology upgrades in the future. This open, modular approach aligns with growing demand for resilient, high-capacity communications to support environmental intelligence, emergency response and scientific research missions worldwide.

Viasat’s HSA platform is designed to accommodate multiple antenna apertures and enable multi-network, multi-orbit connectivity. While NOAA’s application focuses on Ku-band connectivity, the standardized baseplate architecture will enable the C-130J aircraft to support future enhancements, including additional frequency bands and satellite constellations, without structural rework.

Learn more about Viasat’s flight-proven HSA platform and the Lockheed Martin C-130J Super Hercules aircraft.

About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube.

Copyright © 2026 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Viasat, Inc. Contacts
Dan Bleier, Public Relations, Corporate and Government, +1 (202) 383-5074, [email protected] 
Lisa Curran/Pete Lopez, Investor Relations, +1 (760) 476-2633, [email protected]       

Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements about the features, benefits and performance of Viasat’s HSA solution, including forward-compatibility; and the timing of service entry of C-130J aircraft. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; the integration of third-party provider services; contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and increased competition and other factors affecting the defense sector generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.

Viasat offers growth catalysts in ViaSat-3, Defense & Advanced Technologies, and Equatys but remains capital intensive with high debt. At $72, VSAT trades at 9.5x FY2027 EV/EBITDA with only $180M free cash flow, making the risk/reward unattractive; a hold is warranted. The Defense & Advanced Technologies segment is outpacing Communication Services, with record backlog and strong contract wins, shifting VSAT's strategic mix.

, /PRNewswire/ -- "FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), today announced the general availability of FatPipe SATBoost, a proprietary software solution that dramatically increases the performance of Starlink, Viasat and Amazon LEO satellite connections.

SATBoost's proprietary technology delivers up to 300% the speed of data flow over LEO satellite links. Combined with FatPipe's proven multipath link aggregation and smart routing, SATBoost also enables enterprises to connect multiple Satellite links and combine them with terrestrial and 5G lines for a highly resilient, high-speed network.

Satellites have poor reception during cloudy and rainy days. FatPipe's technology helps reduce network outage and connectivity fluctuations.

Actively Used in Customer Deployments

FatPipe SATBoost is currently deployed with customers across multiple verticals such as:

Retail Chain: Multi-location retail chain uses SATBoost to accelerate satellite-based connectivity and ensure continuous point-of-sale uptime when land lines fail. Hospitals and Clinics: Healthcare facilities leverage SATBoost for high-performance satellite connectivity and automatic failover to ensure continuous operations in rural locations. Government Offices: Agency deploys SATBoost to maintain secure, uninterrupted connectivity for mission-critical operations and citizen services in rural areas. "As LEO satellite connectivity becomes widely available, the need to improve satellite performance is more important than ever," said Dr. Ragula Bhaskar, Chairman and CEO of FatPipe. "SATBoost's proprietary software increases satellite data throughput by up to 300% out of the box. And when paired with our multipath failover, customers get both performance and resilience. Organizations with satellite-connected sites are eliminating downtime."

Key Capabilities of FatPipe SATBoost

Up to 300% Data Throughput via Proprietary Software: SATBoost's proprietary technology boosts data flow over LEO satellite links by up to three times, without requiring additional links or bandwidth. Data Plan Optimization: Smart traffic steering prioritizes cheaper internet routes, only using satellite links when necessary. Automatic Satellite Failover for Continuous Uptime: When fiber/5G connectivity fails, FatPipe's patented multipath technology fails over to satellite links, ensuring zero downtime. Availability
FatPipe SATBoost is available through FatPipe and authorized partners. Current FatPipe customers can add SATBoost capabilities to their existing FatPipe license. For pricing, demos, and partner information, contact [email protected] or visit fatpipeinc.com.

About FatPipe, Inc.
FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for cooperation from ISPs and allow enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform backed by 13 U.S. patents related to multipath and software-defined networking. FatPipe products are sold through more than 200 resellers worldwide.
For more information, please visit www.fatpipeinc.com.
Follow us on X @FatPipe_Inc.

Request to sign up as a reseller by contacting us at [email protected]

Company Contact Info
Vikrant Ragula
Director of Investor Relations
+1 801.683-5656 x 1140
[email protected]

SOURCE FatPipe Networks

Viasat (VSAT 3.54%) stock soared to close up 18.2% Thursday after announcing the U.S. Space Force has awarded it a contract for "a mini-GEO dual X/Ka-band satellite system" -- which is to say a small communications satellite prototype that will operate in geosynchronous orbit more than 22,000 miles from Earth.

Image source: Getty Images.

Viasat plus one Viasat describes this as the first of a series of awards to build a "proliferated fleet of small, maneuverable geosynchronous Earth orbit (GEO) satellites under the Protected Tactical SATCOM-Global (PTS-G) program." This first award of the series is called the "PTS-G Swarm 1 Delivery Order."

But it's not the only delivery order.

As Space Force advised in a separate news release, it actually issued two awards, one to Viasat and one to Intelsat, to build one satellite each. (Apparently, two satellites now constitutes a "swarm.") Space Force did not specify how much money each contractor will receive for its work, but noted that the total value of the two contracts is $437.7 million -- so probably about $219 million each.

Today's Change

(

-3.54

%) $

-2.57

Current Price

$

70.14

What it means for Viasat This is a significant win for Viasat. $219 million would equate to about 4.7% of the company's trailing-12-month sales of $4.6 billion. Should the series expand, and Viasat receive follow-on orders for Swarm satellites, well, Viasat notes that the ceiling value on the PTS-G program is $4 billion. Were Viasat to win 50% of all awards that issue in the future, this single contract could be worth nearly half a year's revenue to Viasat.

Granted, not all the money will come in a single year. Part of the award covers paying Viasat to operate the satellite for five years. Spread over five years, that still boosts Viasat's revenue growth rate by about 1% annually -- not bad.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Gene Munster of Deepwater Asset Management and Elon Musk biographer Walter Isaacson have floated the idea that Tesla (NASDAQ: TSLA | TSLA Price Prediction) and SpaceX could combine within the next decade. This remains speculation rather than a deal. For Boeing (NYSE: BA), the hypothetical lands harder than for any other company.

Boeing: A Fragile Recovery Meets a Hypothetical Megacompetitor Boeing is mid-turnaround. Q1 2026 revenue hit $22.217 billion, up 14% year over year, with a core loss per share of $0.20 and free cash flow of negative $1.454 billion. Commercial Airplanes ran a 6.1% negative operating margin. The backlog is a record $695 billion, and debt was cut to $47.2 billion from $54.1 billion.

CEO Kelly Ortberg commented: “We’re building on our momentum with a strong start to the year and growing record-breaking backlog across our business, while supporting our customers with inspiring missions like Artemis II.”

The stock paints a less inspiring picture. Shares closed most recently at $215.01, down 9.2% in a week and 1.0% year to date. A Polymarket contract puts the probability of a U.S. federal stake in Boeing by year-end at 29.5%.

Where a Musk Megamerger Would Bite A combined Tesla and SpaceX would fuse launch dominance with vertical-integration manufacturing and artificial intelligence (AI). Boeing’s direct exposure spans Starliner versus Crew Dragon, SLS subcontracting versus Starship, satellite manufacturing versus Starlink, NSSL defense launch contracts, and ULA, which Boeing owns 50% with Lockheed. Layer in talent flight risk, capital markets advantage if SpaceX goes public through the merger, and Tesla Optimus crossing into defense robotics, and the threat compounds.

Insiders show limited conviction. On February 19, 2026, Ortberg parted with 5,016.643 shares at $236.71, alongside 10 other executives in a five-day window.

Boeing’s Better-Executing Peers Lockheed Martin (NYSE: LMT) trades at $526.63, up 8.9% year to date. CEO Jim Taiclet described framework deals to “increase production rates of these critical systems by 3-4 times current rates.” Lockheed won a $1.5 billion Peru F-16 contract and a $4.8 billion PAC-3 award.

Northrop Grumman (NYSE: NOC) trades at $556.34, up 18.1% over one year. Aeronautics swung to a $305 million operating profit on B-21 ramp, and the company has opened 20+ new facilities and added more than 2 million square feet of manufacturing space in 24 months.

The Moat Boeing Still Owns Boeing beat Airbus on 2025 orders for the first time since 2018, landed a Delta deal, and saw Citi and Wolfe lift price targets. The commercial duopoly, KC-46, F-15EX, Apache, Chinook, and deep Department of Defense relationships are not easily disrupted by a Silicon Valley fusion. Ortberg argues the new defense budget is “really funding additional production of existing systems, which should be low risk for us.”

The bear case is clear: weak space and defense margins, a publicly embarrassing Starliner program, and Commercial Airplanes still bleeding. A unified Musk competitor would compound pressure on Boeing at exactly the wrong moment.

A month has gone by since the last earnings report for Northrop Grumman (NOC - Free Report) . Shares have lost about 6.4% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Northrop Grumman due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Northrop Grumman Corporation before we dive into how investors and analysts have reacted as of late.

Northrop Grumman Q1 Earnings Surpass Estimates, Sales Increase Y/Y

Northrop Grumman reported first-quarter 2026 adjusted earnings of $6.14 per share, which beat the Zacks Consensus Estimate of $6.08 by 1%. The bottom line also improved 1.3% from the year-ago quarter’s level of $6.06.

The year-over-year growth can be attributed to higher revenues and lower operating costs and expenses during the quarter.

NOC’s Total SalesNOC’s total sales of $9.88 billion in the first quarter beat the Zacks Consensus Estimate of $9.79 billion by 1%. The top line also improved 4.4% from $9.47 billion reported in the year-ago quarter.

Northrop Grumman’s BacklogThe company’s total backlog was $95.61 billion at the end of the first quarter compared with $95.68 billion at the end of fourth-quarter 2025.

NOC’s Segmental DetailsAeronautics Systems: This segment’s sales of $3.28 billion rose 16.7% year over year, driven by higher sales from B-21 and other restricted programs, as well as increased volume on the E-130J TACAMO program.

The unit’s operating income totaled $305 million against the operating loss of $183 million in the first quarter of 2025. Its operating profit margin also improved to 9.3% from an operating loss margin of 6.5% in the first quarter of 2025.

Mission Systems: Sales in this segment increased 1.9% to $2.86 billion. This was driven by ramp-up on restricted airborne radar programs and higher volume on marine systems programs.

The unit’s operating income increased 19.9% to $433 million. The operating margin expanded 220 basis points (bps) to 15.1%.

Defense Systems: This segment’s sales rose 5.2% year over year to $1.90 billion. This improvement was driven by the continued ramp-up of the Sentinel program, as well as the higher volume of tactical solid rocket motor programs and the Integrated Battle Command System portfolio.

The unit’s operating income improved 2.8% year over year to $184 million. The operating margin contracted 20 bps to 9.7%.

Space Systems: Sales in this segment declined 3.4% to $2.48 billion due to the winding down of work on the restricted space and NGI programs, as well as lower volume on the Graphite Epoxy Motor 63XL program.

The segment’s operating income decreased 17% year over year to $235 million. The operating margin also contracted 150 bps to 9.5%.

Northrop Grumman’s Operational UpdateTotal operating income during the quarter totaled $989 million, reflecting a significant increase from $573 million in the prior-year quarter.

NOC’s Financial ConditionNorthrop Grumman’s cash and cash equivalents as of March 31, 2026, totaled $2.09 billion, down from $4.40 billion as of Dec. 31, 2025.

Long-term debt (net of the current portion) amounted to $14.41 billion compared with $15.16 billion as of Dec. 31, 2025.

Net cash outflow from operating activities totaled $1.66 billion during the first three months of 2026, compared with $1.57 billion a year ago.

Northrop Grumman’s 2026 GuidanceThe company expects its revenues to be in the range of $43.50-$44.00 billion. The Zacks Consensus Estimate for sales is pegged at $43.87 billion, higher than the midpoint of the company’s guided range.

NOC expects adjusted earnings to be in the band of $27.40-$27.90 per share. The consensus estimate for earnings is pegged at $28.19 per share, above the company’s guided range.

Northrop Grumman projects to generate adjusted free cash flow in the band of $3.10-$3.50 billion.

How Have Estimates Been Moving Since Then?It turns out, estimates review have trended upward during the past month.

VGM ScoresCurrently, Northrop Grumman has a average Growth Score of C, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, Northrop Grumman has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Key Takeaways BAE Systems rose 23.2% in six months, while Northrop Grumman fell 2.1%.BAE Systems is investing $135M in U.S. facility upgrades and delivered NGP sensor components.Northrop Grumman delivered its 1,000th SABR radar and signed an Estonia air-defense modernization MoU. As global tensions continue to rise, countries are increasing their defense budgets and investing more in military equipment and advanced technologies. This trend is creating strong growth opportunities for defense companies like BAE Systems plc (BAESY - Free Report) and Northrop Grumman (NOC - Free Report) .

BAE Systems develops defense, aerospace and security products and is known for platforms such as the Eurofighter Typhoon aircraft, CV90 combat vehicles and Astute-class submarines. On the other hand, Northrop Grumman is a diversified aerospace and defense company with operations across space, aeronautics, defense and cybersecurity. Its products include missile defense systems, satellites, autonomous technologies and cyber solutions.

As governments continue to modernize their defense capabilities, both BAESY and NOC are expected to benefit from higher military spending and growing demand for advanced defense systems.

But which of these two defense stocks currently offers the stronger investment opportunity? Let’s take a closer look.

Tailwinds for BAESYBAE Systems is benefiting from strategic investments and program developments that strengthen its long-term growth outlook. The company continues to expand its production capabilities to support rising defense demand and improve delivery efficiency.

In May 2026, BAE Systems announced a $135 million investment to upgrade facilities in Austin, TX, and Hudson, NH. Fully funded by the company, the initiative is expected to enhance infrastructure, accelerate the delivery of critical systems and software and support U.S. military readiness.

Moreover, BAE Systems recently delivered key sensor components for the Next Generation Overhead Persistent Infrared Polar (NGP) program, which will provide the U.S. Space Force with advanced missile warning, technical intelligence and battlespace awareness capabilities. This milestone keeps the program on track for full payload assembly, with Flight Unit 1 expected to launch in 2028.

These developments reflect BAE Systems’ continued focus on strengthening its defense capabilities and expanding its presence across key military and space programs.

Tailwinds for NOCNorthrop Grumman continues to benefit from strong defense demand, supported by technology advancements and strategic partnerships that strengthen its market position.

In May 2026, the company delivered its 1,000th APG-83 Scalable Agile Beam Radar (SABR) system, a major milestone for one of its key defense technologies. The advanced radar system upgrades existing fighter aircraft, such as the F-16, with next-generation sensing capabilities similar to those used in advanced jets like the F-22 and F-35. With features including ground mapping, target tracking and electronic signal detection, SABR enhances battlefield awareness while allowing software-based upgrades to address evolving threats.

Moreover, Northrop Grumman signed a memorandum of understanding with TOCI to support the modernization of Estonia’s integrated air and missile defense systems. Through this collaboration, the company aims to provide tailored defense solutions by leveraging its expertise in Integrated Air and Missile Defense (IAMD), including its proven Integrated Battle Command System (IBCS). The partnership is expected to strengthen Estonia’s defense readiness amid rising regional security concerns.

These developments highlight Northrop Grumman’s focus on expanding its advanced defense capabilities and reinforcing its presence in key global defense programs.

How do EPS Estimates Compare for BAESY & NOC?The Zacks Consensus Estimate for BAESY’s 2026 earnings per share (EPS) is pegged at $4.56, which indicates year-over-year growth of 16.3%.  The consensus estimate for 2026 revenues is pegged at $44.65 billion, which indicates year-over-year growth of 56.8%. The company’s 2026 and 2027 EPS estimates have moved north over the past 60 days.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for NOC’s 2026 EPS is pegged at $27.95, which indicates year-over-year growth of 6.1%. The consensus estimate for 2026 revenues is pegged at $43.97 billion, which indicates year-over-year growth of 4.8%. The company’s 2026 and 2027 EPS estimates have moved south over the past 60 days.

Image Source: Zacks Investment Research

Stock Price Performance: BAESY vs. NOCBAESY has outperformed NOC over the past six months. Shares of BAESY gained 23.2% compared with shares of NOC, which lost 2.1%.

Image Source: Zacks Investment Research

BAESY’s Valuation More Attractive Than NOCNOC shares are expensive on a relative basis, with its forward 12-month Price/Sales (P/S F12M) being 1.75X compared with BAESY’s P/S F12M of 1.74X.

Image Source: Zacks Investment Research

ConclusionBoth BAE Systems and Northrop Grumman are strong defense companies with solid government ties and a wide range of products. However, BAE Systems appears to have the edge over NOC for now. Its earnings estimates have been rising and its stock has delivered better returns than Northrop Grumman over the past six months.

Although NOC remains a reliable defense player offering a stable financial base, BAE Systems looks more attractive for investors seeking growth and momentum.

BAESY currently carries a Zacks Rank #2 (Buy), while NOC has a Zacks Rank #3 (Hold). You can see the full list of today’s Zacks Rank #1 (Strong Buy) stocks here.

As geopolitical tensions and commercial travel demand both rise, aerospace investors face a classic dilemma between stability and recovery. Choosing between Lockheed Martin(LMT 1.56%)and Boeing (BA 1.09%)requires a close look at their 2026 fundamentals.

Lockheed Martin serves as a dominant defense contractor with a massive government backlog, while Boeing balances commercial aircraft production with defense and space initiatives. These giants are being compared because they represent the backbone of the domestic aerospace landscape. You must decide if you prefer the reliability of defense contracts or the upside of a commercial aviation turnaround.

The case for Lockheed MartinLockheed Martin operates as a global leader among defense stocks, organizing its operations into aeronautics, missiles, and space systems. The company relies heavily on the U.S. government, which accounted for approximately 72% of total consolidated sales in FY 2025. Customer concentration like this adds a layer of risk to the business, particularly since the Department of War represents nearly 63% of revenue.

In FY 2025, the company reported revenue of $75.1 billion, up nearly 5.7% from the previous year. Net income for the period reached approximately $5.0 billion, resulting in a net margin of roughly 6.7%. This net margin reflects the percentage of revenue remaining as profit after all expenses are paid and has remained relatively stable over the last three fiscal years.

As of its December 2025 balance sheet, the debt-to-equity ratio was nearly 3.2x. This ratio measures total debt relative to shareholder equity; a value above 1.0 indicates the company uses more debt to fund its operations. The current ratio, which measures the ability to pay short-term bills, was approximately 1.1x, while free cash flow reached nearly $6.9 billion.

The case for BoeingBoeing develops, manufactures, and services commercial airplanes and space systems for customers in more than 150 countries. While it maintains a massive defense presence, its commercial aircraft segment is the primary driver of long-term growth. Because the company derives a significant portion of its total revenue from a limited number of commercial airlines, customer concentration like this adds a layer of risk to the business.

For FY 2025, the company reported revenue of nearly $89.5 billion, representing approximately 34.5% growth. This significant jump in revenue helped the company achieve net income of close to $2.2 billion, resulting in a net margin of roughly 2.5%. This return to profitability is a major milestone compared to the significant net loss the company reported during 2024.

According to its December 2025 balance sheet, the debt-to-equity ratio was approximately 10.0x. This indicates that the company carries ten times as much debt as shareholder equity. The current ratio was nearly 1.2x, but the company reported negative free cash flow of nearly $1.9 billion. Note that stock-based compensation accounted for roughly 40.0% of operating cash flow, thereby inflating reported cash generation, since SBC is a non-cash expense added back in the cash flow statement.

Risk profile comparisonLockheed Martin faces significant revenue concentration risks, as the U.S. government accounts for the vast majority of its income. The F-35 program is particularly critical, accounting for nearly 27% of all sales in 2025. Furthermore, the company must manage intense competition from Northrop Grumman (NOC 0.61%) and General Dynamics (GD +0.46%), as well as potential supply chain disruptions involving rare-earth minerals.

Boeing continues to navigate significant production and certification hurdles for new aircraft like the 777X and 737 variants. Labor instability is another major concern, as unionized employees led a 101-day work stoppage during 2025 that hampered production. Additionally, the company faces fierce market competition from Airbus and ongoing financial losses in its fixed-price defense contracts.

Valuation comparisonLockheed Martin appears much cheaper based on its Forward P/E, while Boeing’s valuation suggests a company still early in its financial recovery.

MetricLockheed MartinBoeingSector BenchmarkForward P/E17.8x53.3x30.1xP/S ratio1.6x1.9xSector benchmark uses the SPDR XLI sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

Investors seeking exposure to the aerospace industry might find themselves choosing between Lockheed Martin and Boeing, both well-known names, but with very different business models and investment outlooks.

Lockheed Martin offers many qualities that conservative investors tend to appreciate, such as stable demand from the U.S. government, dependable cash flow, a steady dividend, and a huge backlog of orders. Lockheed’s involvement in major military programs provides it with a more reliable revenue stream than many other industrial businesses, but the government’s defense spending can be unpredictable.

On the other hand, Boeing is more focused on commercial aerospace. Demand for its products has been strong and is expected to remain so. The company has recently been dealing with regulatory and financial issues, and commercial aviation demand can be cyclical. The company is well positioned for significant upside, but only if it executes a turnaround following these challenges.

With this in mind, investors seeking stability and income may find Lockheed Martin the better choice. Those who are willing to accept higher risk in exchange for a higher potential reward, however, may find Boeing a good bet for the long term. My own tendency is to invest on the conservative side, so my choice would be the manufacturer supplying the U.S. Department of Defense.

FN Media Group Presents Oilprice.com Market Commentary

, /PRNewswire/ --  As the Pentagon's 2027 ban on Chinese-origin rare earth materials moves closer, REalloys (ALOY) is locking down exclusive control of the biggest heavy rare earth metallization systems outside of China. The company says its $20.6 million investment into the Saskatchewan Research Council's (SRC) rare earth processing facility in Saskatoon secures exclusive preferred rights to up to 80% of expanded production capacity — including commercial-scale NdPr, dysprosium, and terbium output that "no other Western company has secured at this scale," according to REalloys Chairman Stephen duMont. Companies mentioned in today's commentary includes:  Realloys Inc. (ALOY), Lockheed Martin (NYSE: LMT), RTX Corporation (NYSE: RTX), Boeing (NYSE: BA), Northrop Grumman Corporation (NYSE: NOC), General Dynamics Corporation (NYSE: GD).

Engineering is already underway for the REalloys-funded heavy rare earth metallization facility in Saskatoon, with equipment procurement now moving through Western and allied-nation suppliers as staged commissioning remains on track ahead of the Pentagon's January 2027 sourcing deadline. "We're seeing an integrated and sovereign North American mine-to-magnet supply chain take shape in real time," said REalloys CEO Lipi Sternheim. And it's the 11th hour for the U.S. defense establishment.

The American military is burning through precision-guided weapons inventories, and military pundits are sounding alarm bells over China's ability to cut off defense capabilities with a "single phone call".

A recent Fortune analysis by Johns Hopkins Economists now estimates that the U.S. has used up roughly 45% of its Precision Strike Missile inventory in Iran alone, along with nearly half of its THAAD interceptors, roughly 30% of its Tomahawk cruise missiles, and more than 20% of its long-range JASSMs. Replenishing all of that will require defense-grade rare earth magnets and materials, which China largely controls.  And at the same time, the Pentagon is pushing a non-Chinese rare earth agenda that sets a harrowing deadline for realization: Defense manufacturers have only seven months to source heavy rare earth magnets that have no Chinese origins of any kind. The panic has already set in, with U.S. defense contractors reportedly privately asking for more time than they are likely to get.

REalloys doesn't need more time. It's already funding processing capacity, securing exclusive commercial supply rights, procuring Western equipment, and moving toward commercial-scale heavy rare earth metallization before the Pentagon deadline hits.

From Saskatchewan to Greenland

In early March, REalloys unveiled its fully-financed buildout of the largest heavy rare earth metallization facility outside of China, in partnership with Canada's Saskatchewan Research Council's (SRC).  REalloys is building its supply chain around two linked facilities: The SRC commercial rare earth processing operation and REalloys' metallization and downstream manufacturing platform in Euclid, Ohio.

SRC handles the upstream separation and refining side of the chain, while REalloys is focused on the more complex downstream step of converting rare earth oxides into defense-grade metals, alloys, and eventually permanent magnets used in defense systems.

Now that the system is scaling to meet the Pentagon's deadline. Under its agreements with SRC, REalloys has committed roughly $20.6 million toward targeted upgrades, engineering, permitting, commissioning, and expanded throughput capacity at SRC's processing facility. The upgrades will increase NdPr metal output by another 25% while doubling dysprosium and terbium production capacity. The facility's annual target output now stands at roughly 525 tonnes of NdPr, 30 tonnes of dysprosium, and 15 tonnes of terbium.

In exchange, REalloys (ALOY) secured exclusive preferred rights to as much as 80% of the facility's expanded commercial output, giving the company long-term access to some of the only emerging Western commercial-scale heavy rare earth supply outside China.

Separately, REalloys also contracted SRC to design, build, and commission a standalone commercial-scale heavy rare earth metallization system dedicated specifically to dysprosium and terbium metal production. Once completed, that system will be transferred to the Ohio facility, significantly expanding the company's downstream heavy rare earth metallization capacity.

The Saskatchewan buildout is the biggest heavy rare earth metallization system outside of China, but this is bigger than just North America. And key to the REalloys story is across the Atlantic, in the rare earths wonderland, Greenland.

Last week, REalloys signed a definitive 15-year offtake agreement with Critical Metals Corp. covering 15% of Phase 1 production from the Tanbreez project in southern Greenland, one of the largest known heavy rare earth deposits in the world and one of the few major Western-aligned projects with substantial dysprosium and terbium concentrations. 

Critical Metals has publicly disclosed Phase 1 production capacity of up to 15,000 metric tons of rare earth concentrate annually, with REalloys locking in rights to 15% of monthly production under the agreement. The company also secured priority rights tied specifically to dysprosium- and terbium-rich concentrate streams, together with a right of first refusal on additional volumes.  And Tanbreez is not a typical rare earth deposit.

Critical Metals estimates roughly 27% of the project's total rare earth profile consists of heavy rare earths, an unusually high concentration in an industry where most major deposits remain dominated by lower-value light rare earth materials. 

The strategic implications are becoming hard to ignore. Washington previously lobbied Tanbreez developers not to sell the project to Chinese-linked buyers, while Greenland's government approved Critical Metals' move to 92.5% ownership earlier this year as Western governments race to secure non-Chinese supply chains for defense systems, semiconductors, magnets, and advanced manufacturing.

Taken together, the Saskatchewan processing agreements and the Greenland supply deal are starting to form something much bigger: a Western-aligned heavy rare earth pipeline feeding directly into REalloys' metallization and future magnet manufacturing operations in Ohio.

Other companies to keep an eye on:

Lockheed Martin (LMT) remains the backbone of the U.S. defense industrial base, anchored by its leadership in advanced combat aircraft, missile systems, and integrated air and missile defense. The company's F-35 Lightning II program continues to serve as the single largest weapons system program in the world, supplying not only the U.S. military but also a growing list of allied nations. That multinational footprint provides long-duration backlog visibility and recurring sustainment revenue that extends decades beyond initial production.

With sustained demand for missile interceptors, combat aircraft upgrades, and space-based defense systems, Lockheed's outlook remains tied less to cyclical dynamics and more to structural defense modernization. In a world where supply chain resilience and rapid weapons replacement capacity are increasingly critical, Lockheed remains one of the most systemically important defense equities in global markets.

RTX Corporation (RTX), formed from the merger of Raytheon and United Technologies, has evolved into one of the most diversified defense and aerospace platforms globally. Its portfolio spans missile defense systems, advanced radars, aircraft engines, avionics, and cybersecurity solutions, giving it exposure across air, land, sea, and space domains.

Raytheon's Patriot missile system remains one of the most widely deployed air defense platforms worldwide and has seen renewed demand amid heightened missile threats. RTX has also benefited from increased orders for interceptors and replenishment contracts, particularly as governments seek to strengthen layered defense systems.

With rising geopolitical risk premiums and a structural shift toward integrated air and missile defense, RTX's diversified exposure provides both resilience and growth optionality within the defense sector.

While Boeing (BA) is widely known for commercial aviation, its defense, space, and security division remains a cornerstone of U.S. military procurement. The company manufactures the P-8 Poseidon maritime patrol aircraft, the KC-46 aerial refueling tanker, Apache helicopters, and various satellite and space systems critical to U.S. defense infrastructure.

As geopolitical tensions elevate demand for surveillance, refueling capacity, and integrated aerospace systems, Boeing's defense division provides an important stabilizing component to the broader company profile. While commercial aviation cycles remain volatile, Boeing's defense segment ensures long-duration contract visibility and sustained Pentagon exposure.

Northrop Grumman Corporation (NOC) occupies a critical role in high-end aerospace and strategic systems. The company is the prime contractor for the B-21 Raider stealth bomber, one of the most strategically significant modernization programs in the U.S. Air Force's history. That program alone provides decades of potential production and sustainment revenue.

Recent defense budget discussions have reinforced funding for strategic deterrence and space modernization, areas directly aligned with Northrop's strengths. The company has also secured work related to interceptor systems and classified programs, though details remain limited due to national security constraints.

General Dynamics Corporation (GD) combines shipbuilding, combat vehicles, aerospace, and IT systems under one diversified umbrella. The company's Electric Boat division produces Virginia-class submarines and Columbia-class ballistic missile submarines — programs that anchor U.S. naval deterrence.

Recent submarine contracts extend production visibility well into the next decade, while geopolitical tensions continue to emphasize naval force projection and undersea capability. GD's land systems division, including Abrams tanks and armored vehicles, also benefits from modernization cycles and replenishment orders.

By. Michael Kern

Oilprice Intelligence brings you the inside view on where the next gains will come from, breaking down the market's biggest growth driver with analysis from veteran oilmen and experts. Click here to get this crucial intel for free

Important Disclosure: The owner of Oilprice.com owns shares and/or stock options of the company and therefore has an incentive to see the company's stock perform well. We encourage you to conduct your own due diligence and seek the advice of your financial advisor or broker before investing.

FORWARD LOOKING STATEMENTS
This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies' actual results of operations. Factors that could cause actual results to differ include, but are not limited to, changing governmental laws and policies concerning, among other things, recreational and medical cannabis sales, success of the company's proprietary technology, the size and growth of the market for the company's products and services, the company's ability to fund its capital requirements in the near term and long term, pricing pressures, etc. 

IMPORTANT NOTICE AND DISCLAIMER
Neither the author nor the publisher, Oilprice.com, was paid to publish this communication concerning REalloys (ALOY). The owner of Oilprice.com owns shares and/or stock options of the featured company and therefore has an incentive to see the featured company's stock perform well. The owner of Oilprice.com may buy or sell shares of the featured company at any time including at or near the time you receive this communication. This share ownership should be viewed as a major conflict with our ability to be unbiased. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser. This communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company's SEC, SEDAR and/or other government filings. Investing in securities is speculative and carries a high degree of risk. Past performance does not guarantee future results. This communication is based on information generally available to the public and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher cannot guarantee the accuracy or completeness of the information.

INDEMNIFICATION/RELEASE OF LIABILITY
By reading this communication, you acknowledge that you have read and understand this disclaimer, and further that to the greatest extent permitted under law, you release the Publisher, its affiliates, assigns and successors from any and all liability, damages, and injury from this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

TERMS OF USE
By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here http://oilprice.com/terms-and-conditions  If you do not agree to the Terms of Use http://oilprice.com/terms-and-conditions, please contact Oilprice.com to discontinue receiving future communications.

INTELLECTUAL PROPERTY
Oilprice.com is the Publisher's trademark. All other trademarks used in this communication are the property of their respective trademark holders.  The Publisher is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks.

This press release was distributed on behalf of REalloys (ALOY)

DISCLAIMER:  OilPrice.com is Source of all content listed above.  FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein.  The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM.  FNM is not liable for any investment decisions by its readers or subscribers.  FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated twenty four hundred dollars by REalloys to distribute this release on behalf of the company.  #tickertagpressreleases #pressrelease #stockalerts

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:

Media Contact e-mail:  [email protected]
U.S. Phone: +1(561)486-1799
OilPrice.com
+44 203 239 4080
[email protected]

SOURCE OilPrice.com

Northrop Grumman is strategically pivoting to low-cost, versatile drone and anti-drone platforms, positioning for a drone-centric defense future. NOC's valuation has improved after a price slide but remains expensive relative to implied levered FCF growth, justifying a hold rating. Key projects like Common UAS Payload, Prism AI, and Talon IQ offer platform-agnostic exposure, while NOC's missile, electronic warfare, and space defense businesses provide diversification.

LOS ANGELES--(BUSINESS WIRE)--OlivePoint Capital (“OlivePoint”), a real estate investment firm focused on differentiated middle-market real estate opportunities, announced the acquisition of 3507 Jack Northrop Avenue, a 40,553-square-foot aviation-connected R&D and advanced manufacturing campus located adjacent to Hawthorne Municipal Airport in Los Angeles, California, in partnership with a global alternative asset management firm.

OlivePoint acquires rare aviation-connected R&D campus near Hawthorne Airport in Los Angeles with long-term credit tenancy.

Share The property is 100% leased on a long-term basis to a leading investment-grade electric vehicle and advanced manufacturing company and comprises a highly specialized R&D and advanced manufacturing facility on a rare fee-simple hangar structure. The asset combines durable credit-backed cash flow with functional scarcity, specialized infrastructure and a strategic location within Hawthorne’s aerospace and advanced manufacturing corridor. The acquisition reflects OlivePoint’s conviction in specialized, mission-critical facilities that combine durable long-term cash flow, strong tenant credit, functional scarcity and exposure to secular demand drivers.

“3507 Jack Northrop is exactly the type of differentiated real estate we seek to own, a highly specialized facility, in a supply-constrained market, leased to high-quality credit and deeply embedded in the tenant’s operations,” said Adrian Bejarano, Managing Partner and Co-Founder of OlivePoint Capital. “We believe specialized R&D and advanced manufacturing facilities with long-duration cash flow can offer an attractive combination of downside protection and long-term value creation, particularly when located in markets with strong innovation ecosystems and limited competitive supply.”

The property is particularly unique given its fee-simple ownership structure. Most airport-adjacent aviation facilities in the United States are owned or occupied pursuant to ground leases or other leasehold structures. By contrast, 3507 Jack Northrop represents a rare fee-simple aviation-connected hangar asset that accounts for less than 1% of comparable aviation hangar inventory nationally. Combined with direct runway access, aviation zoning and a fully improved R&D and hangar campus, the property offers an institutional-quality real estate profile that is exceptionally unique.

Located in a Leading Advanced Manufacturing Corridor

Located in the heart of Hawthorne’s aerospace and advanced manufacturing corridor, the property sits within close proximity to SpaceX, The Boring Company, Tesla and other leading aerospace and technology companies. The South Bay has emerged as one of the country’s most important clusters for advanced manufacturing, defense technology, and aerospace engineering, supported by a deep technical labor pool, proximity to major transportation infrastructure and a long history of aerospace innovation.

Specialized Infrastructure and Long-Term Optionality

The property’s specialized infrastructure includes a column-free airplane hangar with 40-foot clear height, industrial R&D improvements, flex office and support space, and aviation-related improvements. The facility also includes highly customized tenant improvements supporting advanced testing, engineering and R&D operations. These improvements reinforce the long-term durability of the asset’s income profile.

OlivePoint believes the property’s long-term lease structure, contractual rent growth, mission-critical use, fee-simple ownership and location within a leading advanced manufacturing cluster provide a durable income profile and meaningful long-term optionality.

About OlivePoint Capital

OlivePoint Capital is a real estate investment firm focused on acquiring and managing differentiated real estate opportunities across the United States. OlivePoint targets middle-market opportunities where complexity, capital market dislocation or specialized asset characteristics create the potential for attractive risk-adjusted returns. The firm focuses on industrial, retail, multifamily, credit-oriented and special situations investments, with an emphasis on durable cash flow, downside protection and hands-on execution.

For more information, visit: www.olivepointcapital.com

RTX stock is moving. See the chart and price action here.  Trump Unleashes on IranEquity futures slid deep into negative territory as Trump posted a pair of fiery messages on Truth Social, framing Iran’s military as effectively neutralized. 

“Iran’s Military is a complete and total mess,” Trump wrote. “Much of it, like their Navy and Air Force, doesn’t even exist anymore — They have been completely defeated. Iran is all talk and no action. The Bully of the Middle East is DEAD!!!”

The president then turned his frustration toward the ongoing ceasefire talks, which have dragged on for weeks without resolution.

“They’ve taken too long to negotiate a deal that would have been great for them,” Trump wrote. “Now they will have to pay the price.”

In a second post, Trump touted the U.S. naval blockade of Iran, calling it “the most successful Blockade in the history of Naval Warfare,” adding that Iran is “doing ZERO business, not paying their military, or any of their bills, and quickly becoming a FAILED NATION.”

Markets ReactHis aggressive commentary rattled equities in early premarket trading. The S&P 500 last sat at 7,386.65, down 0.26%, with the SPDR S&P 500 ETF Trust (NYSE:SPY) down 0.49%. 

The Nasdaq fell 0.71% to 28,910 — pacing as the worst performer among the major indexes. The Dow Jones Industrial Average held relatively steady at 50,707.00. 

Oil was the clear beneficiary of the renewed geopolitical tension. WTI crude jumped 1.69% to $89.69 per barrel, while Brent crude climbed 1.37% to $92.70. 

Both moved sharply higher on fears that any renewed military action near the Strait of Hormuz could further choke global supply.

Northrop Grumman (NYSE:NOC) gained 0.24% to $550.00, according to Benzinga Pro data. 

With ceasefire talks stalled and Trump signaling a harder line, traders are bracing for more volatility — particularly in energy and defense — as the morning session approaches.

Photo: Below the Sky / Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

While the post offered no new policy announcements, it served as a reminder that geopolitical risk remains firmly on investors’ radar.

Defense Names Could BenefitMarkets typically don’t wait for conflict to escalate before repricing risk.

Periods of rising military tension often send investors toward aerospace and defense companies viewed as beneficiaries of increased security spending, missile-defense demand and military modernization programs.

The Investor QuestionThe interesting part isn’t whether Trump’s comments immediately change the situation with Iran.

It’s whether investors begin paying more attention to defense exposure after months dominated by artificial intelligence, semiconductors and software stocks.

Recent negotiations between Washington and Tehran have produced conflicting narratives, with both sides offering different accounts of what a potential agreement would include and whether a final deal is close.

That uncertainty is often enough to keep defense stocks in the conversation.

For investors, Trump’s latest warning may be less about diplomacy and more about a familiar market reality: when geopolitical tensions rise, money frequently finds its way back into defense.

Photo: Joshua Sukoff / Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Kratos Defense & Security Solutions (KTOS 1.66%) stock soared 13.8% through 10 a.m. ET Thursday after The Wall Street Journal reported the Trump Administration may make financial investments in U.S. drone manufacturers.

The proposed subsidies appear designed to promote development of low-cost disposable attack drones commonly referred to as first-person view or "FPV," rather than the more advanced XQ-58 Valkyrie drone aircraft that is Kratos's marquee product. As such, the news may not apply to Kratos.

But then again, it might.

Image source: Kratos Defense.

What we know about the new drone plan As WSJ reports, the Trump administration is pursuing deals with "a group of drone companies." Privately held Performance Drone Works and Neros Technologies are believed to be two of the companies in the running for government cash, as is publicly traded Unusual Machines (UMAC 5.48%).

Kratos is not mentioned in the WSJ story.

That may sound dispositive, but negotiations are ongoing, and the Pentagon -- which would be responsible for making the investments -- is "continuing to vet the companies." Potentially, that could mean not all the named companies will get funding... or that Kratos won't.

Today's Change

(

-1.66

%) $

-0.97

Current Price

$

57.80

What's next for Kratos? If Kratos does win government support, what form might that take?

Prior investments by the Trump Administration have been styled as promoting industries critical to national security, while also creating the potential for the government to profit if the investments pay off. For example, when the Department of Energy awarded a 10-year supply contract to rare-earth element miner MP Materials (MP +0.20%) last year, it also demanded stock in MP.

Any deal with Kratos could take a similar form, or comprise loans conditioned on hitting milestones under the Drone Dominance Program, or no-strings-attached grants. For the time being, we simply don't know how this will play out -- but stay tuned.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Kratos Defense & Security Solutions. The Motley Fool recommends MP Materials. The Motley Fool has a disclosure policy.

Steve Eisman said on a recent podcast: “I’m sort of bewildered, given that there’s a war going on, why people would be selling defense stocks.” The reason that bewilderment matters to your portfolio is sitting on top of a wall of capital nobody is talking about.

Peter Arment, on the same segment, laid out the number: “$66 billion between 2020 and 2024 has come into the defense industry through venture capital and private equity.” Silicon Valley is rebuilding the Pentagon’s supply chain in real time, and the recent correction handed retail a window that doesn’t typically open twice.

1. Red Cat Holdings (RCAT): The Small-Cap Drone Pure-Play Start with the name nobody on CNBC is leading with. Red Cat Holdings (NASDAQ:RCAT) is the textbook “purpose-built, lower-cost” archetype Arment described. Its Black Widow ISR drone is the Army’s Short Range Reconnaissance winner, the Blue Ops unit is pushing into unmanned surface vessels, and CEO Jeff Thompson is openly chasing the Pentagon’s drone budget line. Thompson said: “Secretary of War Hegseth has signaled budget allocations of up to $74 billion for UAV and USV procurement… in this arena, the Factory is the Weapon.”

Q1 FY26 told you the volume curve is bending: revenue hit $15.47 million, up 849.3% year over year, gross margin flipped to 12.7% from negative 52.1%, and management is guiding to a $150 million to $180 million annual revenue target. The stock is already responding, up 78% year to date and 56% in the past week alone.

The catch is that RCAT is one product line. If you want the same drone tailwind with a balance sheet behind it, the next ticker is where the institutional money is hiding.

2. AeroVironment (AVAV): The Switchblade and BlueHalo Combination AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) is the publicly traded proxy for the Anduril-adjacent ecosystem. Switchblade loitering munitions are the weapon the Pentagon actually orders by the thousand, and the BlueHalo acquisition that closed in May 2025 bolted on space, cyber, and directed-energy capabilities that fit exactly into the FY2027 Department of War priority stack.

The order book tells the story. Q3 FY26 produced revenue of $408.05 million, up 143.4% year over year, a record funded backlog of $1.10 billion, and year-to-date bookings of $2.1 billion at a 1.6x book-to-bill. The stock is still down 11% year to date despite ripping 31% in the past week, which is precisely the correction Eisman flagged. The COO bought 1,800 shares at $194.39 on April 13, 2026, then the stock surged.

Hardware is half the story. The other half is the software brain that tells every drone, satellite, and Switchblade where to point. That brings us to the heavyweight.

3. Palantir (PLTR): The Software Layer of the New Defense Stack Palantir (NASDAQ:PLTR) is Silicon Valley’s original defense disruptor. Maven Smart System, TITAN, and the Army’s next-generation battle command stack all run on Foundry and AIP. Every drone in this article eventually needs the data fusion layer Palantir sells, which is why CEO Alex Karp can plant a flag like this: “Palantir’s Rule of 40 score is now an incredible 127%… We are an n of 1.”

Q4 FY25 numbers were the kind that justify the multiple. Revenue of $1.41 billion grew 70% year over year, U.S. commercial revenue jumped 137% to $507 million, and GAAP operating income hit $575.4 million at a 41% margin. The complication is valuation. The stock trades at a P/E around 203 and is down 19% year to date, with Polymarket traders pricing only 29% odds of PLTR reclaiming $150 by month-end.

If you believe AI is the operating system of modern warfare, Palantir is the toll bridge. If you want the company actually launching the satellites that feed that software, keep reading.

4. Rocket Lab (RKLB): Vertically Integrated Space and Hypersonics Rocket Lab (NASDAQ:RKLB) sits on the Austin-to-Southern California corridor Arment described, and it just got picked for the program that defines the next decade of national security spending. CEO Peter Beck confirmed it: “selected to support the Department of War’s Space Based Interceptor program under Golden Dome for America in partnership with Raytheon.” Electron and HASTE launches are flying, Neutron medium-lift is on deck for later in 2026, and the satellite manufacturing arm is now writing eight-figure deals on its own.

The Q1 FY26 print backed it up. Revenue came in at $200.35 million, up 63.5% year over year, backlog grew 20.2% sequentially to $2.20 billion, and the $816 million Space Development Agency contract for 18 Tracking Layer Tranche 3 satellites is the largest single award in company history. The shares are up 112% year to date and 412% over the past year, and prediction markets already resolved every May upside target through $104 to YES.

One name remains, and it is the cleanest visual proof that the era of $100 million fighters is over.

5. Kratos Defense (KTOS): The Punchline of the “60 Primes” Thesis Kratos Defense & Security Solutions (NASDAQ:KTOS) is what Arment meant when he said “we’re going back to the ’80s, where there’s going to be 60 defense primes.” The Valkyrie XQ-58 is a jet-powered autonomous combat aircraft built to fly alongside crewed fighters, attritable on purpose, priced an order of magnitude below a manned platform. Add hypersonics, Zeus and Oriole solid rocket motors, and the jet engines that go inside everyone else’s drones, and Kratos is selling four of the FY2027 budget’s loudest line items at once.

CEO Eric DeMarco said: “Fiscal 2027 National Security spend is currently projected to be $1.5 trillion, an approximate $400 billion increase above Fiscal Year 2026.” Q1 FY26 already showed the operating leverage: revenue of $371 million, up 22.6% year over year, Unmanned Systems organic growth of 30.9%, and a 1.6x book-to-bill on $605.2 million of bookings. Valkyrie was just selected for the Northrop Grumman MUX TACAIR CCA program, with management planning to ramp production to roughly 40 aircraft per year by the end of 2027.

The setup: shares are down 14% year to date against an analyst target price of $113.05 on a stock trading near $65. I’ve been watching Kratos for the better part of two years, and this is the first quarter where the Valkyrie cadence, the hypersonic backlog, and the budget line items finally rhyme.

The Trade Setup The math is pretty simple.

Silicon Valley funneled $66 billion of venture and private equity capital into defense between 2020 and 2024, the FY2027 budget is opening a $400 billion delta above FY2026, and the publicly traded names that touch this capital stack just sold off into the news. The legacy primes are the share donors; these five sit on the receiving end of the share shift. Watch the FY2027 budget cadence and the next round of contract awards across these five names.

A month has gone by since the last earnings report for Kratos (KTOS - Free Report) . Shares have added about 11.2% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Kratos due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.

Kratos Defense Q1 Earnings and Revenues Surpass Estimates

Kratos Defense & Security Solutions, Inc. reported first-quarter 2026 adjusted earnings of 16 cents per share, which beat the Zacks Consensus Estimate of 13 cents by 26.3%. The bottom line also increased 33.3% from the year-ago quarter’s 12 cents.

Kratos Defense reported GAAP earnings of 7 cents per share compared with 3 cents in the year-ago quarter.

KTOS’ Total RevenuesTotal revenues were $371 million, which outpaced the Zacks Consensus Estimate of $344 million by 7.7%. The figure also rose 22.6% from $302.6 million recorded in the year-ago quarter.

Operational Update of Kratos DefenseKratos Defense’s selling, general and administrative expenses increased 19.9% year over year. Research and development expenses rose 7% compared with the prior-year quarter. Depreciation expenses climbed 46.2% year over year.

Expenses related to the amortization of intangible assets rose 176.2% from the year-ago figure.

The company reported operating income of $4.7 million, which decreased from the year-ago quarter’s $6.6 million.

It posted a consolidated book-to-bill ratio of 1.6 to 1, with bookings worth $605.2 million.

The total backlog at the end of the first quarter of 2026 was $1.635 billion compared with $1.212 billion at the end of the fourth quarter of 2025.

KTOS’ Segmental PerformanceUnmanned Systems: Revenues from this segment totaled $82.6 million compared with $63.1 million in the year-ago quarter. The increase was primarily driven by Valkyrie-related activity.

Kratos Government Solutions: Revenues from this segment amounted to $288.4 million compared with $239.5 million in the year-ago quarter. This increase was due to organic revenue growth across its Defense and Rocket Support business, Turbine Technologies and Microwave Products businesses, with organic revenue growth rates of 45.8%, 20.3% and 12.3%, respectively, year over year.

Financial Details of KTOSAs of March 29, 2026, cash and cash equivalents totaled $1.46 billion, up from $0.56 billion as of Dec. 28, 2025.

The company reported other current liabilities of $24.4 million as of March 29, 2026 compared with $9 million recorded as of Dec. 28, 2025.

The net cash used in operating activities amounted to $27.4 million during the first three months of 2026 compared with $29.2 million in the same period of 2025.

Kratos Defense’s GuidanceKTOS projects second-quarter 2026 revenues to be in the range of $400-$410 million. The Zacks Consensus Estimate for revenues is pegged at $401.3 million, which is at the lower end of the company’s guided range.

KTOS now expects 2026 revenues to be in the $1.7-$1.76 million range compared with the previous range of $1,595-$1,675 billion. The Zacks Consensus Estimate for revenues is pegged at $1.68 billion, lower than the company’s guided range.

Kratos Defense now expects operating cash flows to be in the range of $60-$70 million and free cash flow use to be in the band of $85-$105 million for 2026.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.

The consensus estimate has shifted -44% due to these changes.

VGM ScoresAt this time, Kratos has a poor Growth Score of F, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a score of F on the value side, putting it in the bottom 20% quintile for value investors.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Kratos has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Key Takeaways KTOS grew Unmanned Systems revenues nearly 31% organically, led by the XQ-58A Valkyrie program.Government Solutions saw double-digit growth; Defense Rocket Systems revenues rose nearly 46%.KTOS targets about 40 Valkyrie aircraft annually by 2027-end and is expanding hypersonic investments. Kratos Defense & Security Solutions, Inc. (KTOS - Free Report) continues to gain momentum in its Unmanned Systems segment, one of the company's key growth drivers. Revenues from the business grew nearly 31% organically, primarily supported by increased activity on the XQ-58A Valkyrie program. The segment also returned to operating profitability, reflecting the benefits of higher production volumes, improved execution, and greater operating leverage as the program scales.

The company’s Government Solutions segment also posted solid results. Defense Rocket Systems, Turbine Technologies, and Microwave Products all generated double-digit growth, with Defense Rocket Systems revenues increasing nearly 46% year over year. These businesses are increasingly aligned with Pentagon priorities surrounding missile defense, hypersonic weapons, propulsion systems, and advanced radar technologies.

Management believes a broader recapitalization of the U.S. defense industrial base is underway. As a result, Kratos Defense is investing aggressively in manufacturing facilities, hypersonic integration capabilities, drone production capacity, propulsion technologies, radar programs, and microwave electronics infrastructure. The company expects these investments to position it for larger production opportunities over the next several years.

A particularly important long-term initiative is Kratos Defense’s plan to produce approximately 40 Valkyrie aircraft annually by the end of 2027. The company is also expanding investments in solid rocket motors, jet engines for drones and missiles, and hypersonic systems, all of which could benefit from increasing defense modernization efforts.

Defense Companies Benefiting From Similar TrendsOther defense companies positioned to benefit from growing investments in autonomous systems, missile defense, and next-generation military technologies include:

Lockheed Martin (LMT - Free Report) continues to expand its presence in missile defense, advanced aircraft, and hypersonic programs, making it a major beneficiary of modernization spending.

RTX Corporation (RTX - Free Report) remains a leading supplier of missile systems, radar technologies, and air defense solutions that are increasingly important in evolving military strategies.

KTOS Stock’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 earnings per share indicates an increase of 32.73% year over year.

Image Source: Zacks Investment Research

KTOS Stock Trades at a DiscountIn terms of valuation, KTOS’ forward 12-month price-to-sales (P/S) is 5.75X, a discount to the industry’s average of 12.34X.

Image Source: Zacks Investment Research

KTOS Stock’s Price PerformanceIn the past three months, KTOS’ shares have lost 35.1% compared with the industry’s 0.2% decline.

Image Source: Zacks Investment Research

KTOS’ Zacks RankThe company currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Issued on behalf of VisionWave Holdings, Inc.

As governments race to field affordable counter-drone and tactical autonomy systems, a wave of defense-tech consolidation is rewarding companies that can bolt advanced AI onto proven sensing hardware — and VisionWave is seeking to put itself at the center of that trend.

, /PRNewswire/ -- USA News Group News Commentary — The defense and security technology sector has spent the past two years being reshaped by a single, stubborn reality: cheap, weaponized drones are now a battlefield and homeland-security staple, and the systems built to detect, track, and defeat them have become one of the fastest-growing niches in defense spending. Against that backdrop, VisionWave Holdings, Inc. (NASDAQ: VWAV) has moved to acquire a controlling interest in an established 3D perception company, signaling its intent to combine AI-driven sensing with proven imaging hardware at exactly the moment the market is paying up for that combination.

On June 8, 2026, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) announced a definitive agreement under which VisionWave will make a strategic equity investment of up to $17.5 million, payable in shares of VisionWave common stock, reflecting a post-investment valuation of approximately $34 million for Foresight. The structure gives VisionWave a path to a controlling 52% stake in Foresight while keeping both companies operating as independent, publicly traded entities. News of the deal sent Foresight shares sharply higher on the day of the announcement, while VisionWave traded up as well — a notable reaction for a transaction that is being paid in stock rather than cash.

For VisionWave, the move is less about a single acquisition and more about positioning. The company has spent 2026 assembling a defense-and-sensing platform, and folding in a perception specialist with visible-light, infrared, and neuromorphic sensor technology gives it hardware to pair with its own AI and radio-frequency systems. In a sector where the U.S. government is actively weighing direct financial support for domestic drone and counter-drone firms, owning the full stack — sensors, AI, and RF — is increasingly the price of admission.

Inside the VisionWave–Foresight Transaction

According to the definitive agreement, the transaction is staged in two parts. In Stage 1, VisionWave will receive 46% of Foresight's issued and outstanding ordinary shares in exchange for VisionWave common stock with an aggregate value of approximately $15.5 million. Upon achievement of a defined commercial milestone — specifically, the commencement of a binding pilot project using the integrated Perception Platform — VisionWave will receive an additional 6% stake in exchange for additional VisionWave shares valued at approximately $2 million.

Governance follows the money. VisionWave will have the right to appoint two directors to Foresight's board upon the Stage 1 closing, and one additional director upon the Stage 2 closing. The companies have been explicit that both will continue to operate as independent, publicly traded entities, and that the transaction remains subject to all required regulatory, stock-exchange, and shareholder approvals, along with other customary closing conditions.

The strategic logic centers on integration. Through the collaboration, Foresight's high-resolution visible-light, infrared, and neuromorphic sensor technologies are expected to be combined with VisionWave's AI and radio-frequency-based perception systems. The stated goal is to create more intelligent, real-time perception solutions for defense and security applications — including counter-unmanned aircraft systems, tactical unmanned systems, border protection, and critical infrastructure monitoring.

"This strategic investment from VisionWave represents an important opportunity to combine our proven perception expertise with advanced AI technologies," said Haim Siboni, Chief Executive Officer of Foresight. "We believe that it positions Foresight to offer more sophisticated, AI-driven solutions for the growing defense and security markets, where real-time intelligent perception is increasingly critical."

VisionWave Holdings describes itself as a defense and advanced sensing technology company developing AI-driven, RF-based sensing, autonomy, and computational acceleration technologies for defense, homeland security, and commercial infrastructure applications. Its stated mission is to connect defense innovation with civilian progress through shared core technologies deployed across air, land, and sea — a framing that maps directly onto the dual-use demand now driving the sector.

CONTINUED … Read this and more news for VisionWave Holdings at: https://usanewsgroup.com/vwav-landing

Why the Timing Matters: A Sector Bid Up by Drone Dominance

The deal lands in the middle of a remarkable run for U.S. defense-technology equities tied to drones and counter-drone systems. The Pentagon's "Drone Dominance" initiative has set a target of fielding roughly 300,000 lower-cost autonomous systems by the end of 2027, backed by a multi-hundred-million-dollar budget line, and the administration has reportedly explored providing loans and even direct equity stakes to domestic drone manufacturers. That policy backdrop has repeatedly lifted an entire peer group of listed names in 2026.

The investment thesis VisionWave is leaning into is straightforward: as the threat environment intensifies and procurement accelerates, the companies that can deliver intelligent, real-time perception — not just a sensor or just an algorithm, but the integrated system — are the ones positioned to win recurring government and commercial business. By moving to control a perception specialist, VisionWave is attempting to graduate from an early-stage platform story into a company with deployable hardware and a clearer commercialization path.

It is worth being clear-eyed about scale. VisionWave is a small-cap, early-stage platform company, and its own filings caution that certain initiatives are early-stage and exploratory, with no assurance of material contributions. The Foresight transaction is also paid in stock, subject to multiple approvals, and structured around a milestone that has not yet been achieved. Those are real execution variables that investors should weigh against the strategic upside.

The Company VisionWave Now Keeps

VisionWave is seeking to put itself squarely alongside a peer set of listed defense-technology names that the market has been rewarding throughout 2026. The contrast in scale and approach across that group helps frame both the opportunity and the risk in VisionWave's strategy.

The following peer comparisons are provided for illustrative and contextual purposes only and do not imply that VisionWave will achieve similar results, valuations, contract awards, or performance. These companies are significantly larger, more established, and have substantially greater resources, revenue bases, operating histories, and market presence than VisionWave, an early-stage platform company. Investors should not assume that VisionWave's strategy or the Foresight transaction will produce comparable outcomes.

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) sits at the large-program, system-integration end of the spectrum. On April 8, 2026, Kratos disclosed that it had been awarded an Other Transaction Agreement with a total potential value of up to $446.8 million, contingent on the exercise of all options, to serve as prime contractor on the U.S. Space Force's Ground Management and Integration agreement for the Resilient Missile Warning and Tracking program. Kratos is also closely watched for its XQ-58A Valkyrie "loyal wingman" program, which operates alongside manned fighter aircraft — a reminder of how much larger an established prime can be relative to an emerging platform company.

Red Cat Holdings, Inc. (NASDAQ: RCAT) anchors the tactical small-UAS and counter-drone side of the group. The company has been selected for the U.S. Army's Short Range Reconnaissance program of record and has pursued production work with Palantir on GPS-denied navigation. Red Cat's portfolio spans ISR and precision-mission drone families, illustrating how the market is assigning premium valuations to companies with both autonomy software and fielded hardware — the same dual-stack logic VisionWave is now pursuing through Foresight.

Ondas Holdings Inc. (NASDAQ: ONDS) has spent 2026 broadening from drone hardware into higher-margin defense software, most notably through a $196.6 million all-stock acquisition of defense software firm Omnisys. Ondas is positioned across multi-domain ISR, counter-UAS technologies, AI software, and defense communications infrastructure — a diversification path that, like VisionWave's, is built on the premise that integrated software-plus-hardware platforms command better economics than point products.

Unusual Machines, Inc. (NYSE American: UMAC) rounds out the comparison from the NDAA-compliant drone-parts manufacturing angle. The company has highlighted that its partner Powerus advanced to Phase II of the Defense Department's Drone Dominance Program with a low-cost, rapidly deployable, U.S.-manufactured drone platform. Unusual Machines underscores the supply-chain dimension of the sector's growth — the domestic-content and component sourcing that underpins the broader drone buildout VisionWave is aligning itself with.

Taken together, these names map the landscape VisionWave is entering: established primes with billion-dollar revenue bases, mid-cap autonomy and ISR specialists, and emerging suppliers. VisionWave is attempting to carve out a perception-platform position within that field, and the Foresight transaction is its clearest statement yet of how it intends to do so.

What Comes Next

With the definitive agreement signed, the near-term markers for investors are procedural and operational. The Stage 1 closing depends on regulatory, stock-exchange, and shareholder approvals. The Stage 2 stake hinges on the commencement of a binding pilot project using the integrated Perception Platform — the milestone that converts the partnership from a financing event into a commercial one. And the broader question is whether VisionWave can translate a controlling stake in a perception specialist into the kind of defense and security contracts that the sector's richer valuations are pricing in.

For a market that has spent 2026 bidding up anything connected to autonomous and counter-drone systems, VisionWave's play is a clean test of a simple thesis: that owning integrated perception — AI, RF, and proven sensors under one roof — is where durable value in defense technology is increasingly being created.

CONTINUED … Read this and more news for VisionWave Holdings at: https://usanewsgroup.com/vwav-landing

Track the signal, not the noise. Eagle Eye (eagle-eye.dev) delivers real-time investor intelligence across social, forum, and news sources.

CONTACT:

USA News Group
[email protected]
(604) 265-2873

SOURCES:

[1] Foresight Autonomous Holdings Ltd. — "Foresight Secures $17.5 Million Strategic Investment from VisionWave…" (GlobeNewswire, June 8, 2026; primary company release and source of all deal terms and the CEO quotation)

[2] Stocktwits / Yahoo Finance — "FRSX Stock Shoots Up 15% Today – Why Investors Are Cheering The Deal With VisionWave Holdings" (June 8, 2026):
https://finance.yahoo.com/markets/stocks/articles/frsx-stock-shoots-15-today-144908135.html

[3] The Globe and Mail — counter-drone sector commentary naming VWAV, KTOS, RCAT, ONDS, and UMAC (April 16, 2026):
https://www.theglobeandmail.com/investing/markets/stocks/KTOS/pressreleases/1344943/as-the-counter-drone-era-goes-mainstream-this-nasdaq-ai-defense-stock-just-landed-a-world-cup-deployment-order/

[4] Stocktwits — "Why ONDS, RCAT And Other Drone Stocks Are Surging In Overnight Trading" (Drone Dominance program, Omnisys acquisition; late May 2026):
https://stocktwits.com/news-articles/markets/equity/why-onds-rcat-and-other-drone-stocks-are-surging-in-overnight-trading/cZgi5MvResd

[5] CoinCentral — "Red Cat, Kratos and Unusual Machines Are Surging…" (Pentagon funding talks, program budget detail; June 2026):
https://coincentral.com/red-cat-kratos-and-unusual-machines-are-surging-is-this-the-start-of-a-drone-stock-supercycle/

DISCLAIMER:

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.

This communication is a paid advertisement, and is for general information purposes only. This is a digital media distribution, and is not, and should not be construed as, a paid advertisement in the traditional sense. This communication is being distributed by USA News Group ("USA News Group," "we," "our") on behalf of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee by VisionWave Holdings, Inc. directly for advertising and digital media from the company. There may be 3rd parties who may have shares of VisionWave Holdings, Inc., and may liquidate their shares which could have a negative effect on the price of the stock. MIQ owns shares of VisionWave Holdings, Inc. which were purchased in the open market, and reserves the right to buy and sell, and will buy and sell shares of VisionWave Holdings, Inc. at any time without any further notice.

The information contained herein has been prepared based on publicly available sources, including company news releases and filings, and is believed to be reliable, but its accuracy and completeness are not guaranteed. We have not independently verified all of the information contained herein and undertake no obligation to update it. Comparisons to other companies referenced in this publication are for contextual and illustrative purposes only and do not imply any partnership, endorsement, affiliation, or comparable financial performance. All forward-looking statements involve risks and uncertainties, and actual results may differ materially. Always do your own due diligence and consult a licensed professional before investing. Read our full disclaimer at the link provided in this publication.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

This publication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements regarding the Foresight transaction (including Stage 1 and Stage 2 closings, milestone achievement, board appointments, and integration), expected benefits of combining technologies, potential commercial applications, market positioning, government support for drone/counter-drone initiatives, and the Company's ability to secure contracts or realize value from the investment.

These statements are based on the Company's current expectations and assumptions and are subject to substantial risks and uncertainties that could cause actual results to differ materially from those described. Forward-looking statements are generally identified by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "project," "forecast," "predict," "potential," "target," "seek," or similar expressions, or by statements that events, trends, or results "may," "will," "could," or "should" occur or be achieved.

Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: risks related to the development, integration, and testing of advanced autonomous systems, AI, RF sensing, and computer vision technologies; the timing and successful closing of the Foresight transaction and any related milestones; regulatory, stock exchange, shareholder, and national security approvals; ability to secure government and defense contracts; market acceptance and competition; availability of capital; macroeconomic and geopolitical uncertainties; intellectual property risks; integration risks; delays in technical or commercialization milestones; dependence on key personnel and partners; and other risks detailed in the Company's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.

All forward-looking statements speak only as of the date of this publication and are expressly qualified in their entirety by the cautionary statements contained herein and in the Company's SEC filings. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by law. Investors and readers are strongly cautioned not to place undue reliance on these forward-looking statements.

View original content to download multimedia:https://www.prnewswire.com/news-releases/as-counter-drone-demand-surges-defense-tech-goes-on-the-offensive-302798829.html

What happenedAccording to an SEC filing dated Feb. 17, 2026, RTW Investments disclosed a new position in iRhythm Holdings (IRTC +0.60%) after acquiring 1,181,990 shares during the fourth quarter. The fund’s quarter-end position in IRTC was valued at $210 million.

What else to knowThis is a new position for RTW Investments, representing 2.1% of its $9.98 billion 13F reportable assets under management as of Dec. 31, 2025.Top five holdings after the filing:NASDAQ:MDGL: $1.2 billion (11.6% of AUM)NASDAQ:INSM: $842.9 million (8.4% of AUM)NASDAQ:PTCT: $588.4 million (5.9% of AUM)NASDAQ:ARGX: $566.4 million (5.7% of AUM)NASDAQ:PTGX: $441.9 million (4.4% of AUM)As of March 19, 2026, shares of iRhythm Holdings were priced at $117.78, up 14.2% over the past year, underperforming the S&P 500 by 3.5 percentage points.Company OverviewMetricValueRevenue (TTM)$747.1 millionNet Income (TTM)-$44.6 millionPrice (as of market close Mar. 19, 2026)$117.78One-Year Price Change14.2%Company SnapshotOffers ambulatory ECG monitoring products, including the Zio XT and AT wearable patch-based biosensors, and a cloud-based data analytics platform for arrhythmia detection.Generates revenue primarily through sales of its Zio service, combining device sales with subscription-based monitoring and diagnostic services for healthcare providers.Targets healthcare institutions, physicians, and patients in the United States at risk for cardiac arrhythmias.iRhythm Holdings, Inc. is a digital healthcare company specializing in innovative cardiac monitoring solutions. Its core offering, the Zio platform, leverages wearable biosensors and advanced analytics to improve arrhythmia detection and diagnosis.

What this transaction means for investorsRTW Investments isn't a generalist fund making a casual bet -- it's a specialized healthcare and life sciences investor with deep sector expertise, which makes this move worth a closer look. Opening a brand-new position of this size signals real conviction: at roughly $210 million, the IRTC stake becomes RTW’s eleventh-largest holding -- representing about 2.1% of the fund's total 13F-reported portfolio -- a meaningful commitment from a manager that already holds concentrated positions in names like Madrigal Pharmaceuticals (MDGL +0.94%) and Insmed (INSM +1.43%).

iRhythm Holdings sits at an interesting intersection of medical devices and digital health. Its flagship Zio patch -- a discreet, wearable cardiac monitor -- has carved out a strong niche in ambulatory ECG monitoring, a market that's likely to grow as remote patient monitoring becomes more standard in cardiology. Unlike a traditional Holter monitor, the Zio system collects continuous data over days or weeks and runs it through a cloud-based analytics platform, giving physicians a much richer picture of a patient's heart rhythm. That combination of hardware, software, and services gives iRhythm a recurring revenue model that can be stickier than a simple device sale.

For retail investors interested in the digital health space, iRhythm represents a focused play on cardiac care innovation. Those who prefer broader exposure might also consider ETFs like the Health Care Select Sector SPDR Fund (XLV 0.10%) or the iShares U.S. Medical Devices ETF (IHI 0.13%), which provide diversified access to companies operating across health technology and medical devices. Either way, when a specialized healthcare fund with RTW's track record makes a move this size into a new name, it's a signal worth researching.

Andy Gould has positions in Argenx Se. The Motley Fool has positions in and recommends Argenx Se. The Motley Fool recommends Protagonist Therapeutics. The Motley Fool has a disclosure policy.

March 30, 2026 08:05 ET  | Source: iRhythm

Data presented at ACC.26 demonstrate a high prevalence of clinically actionable arrhythmias across CKM patient populations using the Zio® ambulatory ECG portfolio.1,2
Chief Medical Officer Mintu Turakhia, MD, MS, delivered the 57th Annual Louis F. Bishop Keynote on scaling AI in cardiology and translating advances into clinical practice.
iRhythm Academy launch expands access to clinician education at scale in ambulatory cardiac monitoring as the field continues to advance.
SAN FRANCISCO, March 30, 2026 (GLOBE NEWSWIRE) -- iRhythm Holdings, Inc. (NASDAQ: IRTC) announced results from three retrospective analyses presented at the American College of Cardiology (ACC) 2026 Annual Scientific Sessions in New Orleans, March 28–30, 2026, that add to the growing body of clinical evidence supporting the benefits of its Zio® ambulatory ECG monitoring service across patient populations.1,2 The data provide insights into the timing and incidence of clinically relevant arrhythmias and highlight opportunities to improve care for patients along the cardiovascular-kidney-metabolic (CKM) continuum.

iRhythm also highlighted its leadership in advancing AI in cardiology, with Chief Medical Officer Mintu Turakhia, MD, MS, Clinical Professor of Medicine at Stanford University, delivering the 57th Annual Louis F. Bishop Keynote, titled “Scaling AI in Cardiology: Moving From Paper and Podium to Product,” and announced the launch of iRhythm Academy, a clinician education platform.

High Prevalence of Clinically Actionable Arrhythmias Across the CKM Continuum, Highlighting Increased Risk for Arrhythmias in this Patient Population

Two abstracts presented at ACC.26 reported the results of retrospective analyses of the incidence of arrhythmias in patients across the CKM disease continuum.3,4 Each study utilized data from the iRhythm clinical data warehouse linked to commercial fee-for-service and government-sponsored plans claims data. Findings from both studies enhance the understanding of how CKM risk factors influence the incidence of arrhythmias, highlighting that clinically relevant arrhythmias are not limited to patients with more advanced comorbid conditions or disease states.

Arrhythmias in Patients with Diabetes and Chronic Kidney Disease Detected by Long-Term Ambulatory ECG Monitoring3 (Abstract #1474-105) evaluated the prevalence of arrhythmias detected in a cohort of 657,147 individuals in the U.S. who received 14-day continuous ambulatory monitoring linked to commercial fee-for-service or Medicare Advantage claims. The cohort had a mean age of 59 years and was 58% female. Clinically actionable arrhythmias were more commonly identified in patients with chronic kidney disease (CKD), with or without diabetes:

11% of patients had diabetes, 4% had chronic kidney disease, and 4% had both conditions—together representing nearly 20% of the overall cohort.After accounting for differences in age, clinically actionable arrhythmias affected 48% of patients with CKD and 47% of patients with both diabetes and CKD, compared with 39% of patients with diabetes alone and 35% of patients with neither condition.Arrhythmia risk increased across kidney-metabolic phenotypes, highest in CKD (with or without diabetes), with diabetes alone also increasing risk—highlighting the value of targeted rhythm monitoring in patient populations at higher risk for arrhythmia.
Incidence of Arrhythmias in Patients with Obesity Detected by Long-Term Ambulatory ECG Monitoring4 (Abstract # 1403-107) evaluated the prevalence of arrhythmias of arrhythmias detected 162,531 individuals in the U.S. who received 14-day long-term continuous monitoring (LTCM) with Zio and where BMI or weight-related diagnostic codes were available. The cohort had a mean age of 58 years and was 65% female. Higher body weight was associated with greater likelihood of atrial fibrillation (AF) detection:

The prevalence of detected AF increased with weight, rising from 4.5% in normal/underweight patients to 6.5% in patients with severe obesity.After accounting for differences in age, sex, and comorbidities, patients with severe obesity had nearly threefold higher odds of AF detection compared with normal/underweight patients (adjusted odds ratio of 2.8).Nearly two-thirds of patients in this cohort had obesity or severe obesity, highlighting excess weight as a common and potentially modifiable risk factor for AF.
Expanding Evidence Highlights the Opportunity for Earlier Detection and Diagnosis

Data presented at ACC.26 build on prior real-world evidence demonstrating that arrhythmias are common, early, and often silent across cardiometabolic patient populations. Findings from two large-scale, real-world studies5,6 presented at the American Diabetes Association’s 85th Scientific Sessions in June 2025 (ADA 2025) demonstrated that arrhythmias preceded 43% of diabetes and 59% of CKD cases in the study population. Many patients in one study subsequently developed clinically actionable arrhythmia or major cardiovascular events. Three large-scale real-world analyses presented at the American Heart Association Scientific Sessions 2025 (AHA 2025)7-9 similarly revealed arrhythmia risk emerging earlier across the CKM syndrome continuum. These findings are extended by ACC.26 data demonstrating that the Zio ambulatory ECG service has a high diagnostic yield in these patient populations,3,4 enabling earlier identification of clinically actionable arrhythmias.

With an estimated 27 million people in the U.S. at risk for undiagnosed arrhythmias each year,10 iRhythm is committed to reaching patients sooner and has been advancing a data-driven, proactive cardiac monitoring approach deployed with healthcare systems focused on population health management and value-based care goals. Building on this foundation, in 2025, iRhythm announced a collaboration with Lucem Health to apply predictive AI11 to flag patients at elevated risk for arrhythmias, including those with diabetes and CKD, enabling more targeted selection of patients for proactive monitoring and more timely diagnosis and clinical decision-making.

Scaling AI in Cardiology and Expanding Education at Scale

In addition to the data presentations at ACC.26, Mintu Turakhia, MD, MS, Chief Medical and Scientific Officer and EVP, Advanced Technologies at iRhythm, and Clinical Professor of Medicine at Stanford University, delivered the 57th Annual Louis F. Bishop Keynote, titled “Scaling AI in Cardiology: Moving From Paper and Podium to Product.” The keynote addressed the gap between advances in artificial intelligence and their translation into routine cardiovascular care.

Drawing on iRhythm’s platform, its application of advanced AI in cardiac monitoring, and 20-year history, Dr. Turakhia emphasized how AI must function as an infrastructural backbone—integrating multiple streams of data, extending AI to new clinical domains, operationalized within clinical workflows, and accountable for real-world outcomes.

“The primary barrier to impact is no longer technical development or model performance — most AI across diagnostics, clinical decision support, and other domains work well. We need to think of these tools not as point solutions or standalone tests, but rather as critical clinical infrastructure and integrated systems that are safely and responsibly deployed,” said Dr. Turakhia.

iRhythm also launched iRhythm Academy, an education platform offering interactive courses, webinars, publications, and micro-learning modules for healthcare professionals focused on ambulatory cardiac monitoring, extending access to education at scale as the field continues to advance.

iRhythm also announced an upcoming update to the MyZio® mobile app, which supports patients throughout their ECG monitoring journey with Zio, with the addition of Spanish-language functionality to support patient accessibility.12

Data presented at ACC.26 build on iRhythm’s comprehensive clinical evidence program, encompassing more than 135 original research manuscripts, insights derived from over 3 billion hours of curated heartbeat data, and nearly 12 million patient reports since the company’s inception13—underscoring its ongoing commitment to expanding evidence that supports improved patient outcomes.

About iRhythm Holdings
iRhythm is a leading digital health care company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as “anticipate,” “estimate,” “expect,” “intend,” “will,” “may,” “project,” “plan,” “believe,” “target,” and similar expressions that relate to future events or outcomes.

Forward-looking statements in this press release include, but are not limited to, statements regarding the significance and potential impact of the data presented; the clinical utility and performance of iRhythm’s Zio® ambulatory ECG monitoring service; the potential to enable earlier detection and diagnosis of arrhythmias; the application of artificial intelligence and predictive analytics to identify patients at elevated risk for arrhythmias; and the ability to expand access to clinician education and improve patient care through initiatives such as iRhythm Academy.

These statements are based on current assumptions and expectations and are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the timing, interpretation, and acceptance of clinical data; the ability to translate findings into clinical practice; regulatory and reimbursement developments; market adoption of iRhythm’s products and services; and the risks described in the section entitled “Risk Factors” in iRhythm’s most recent filings with the Securities and Exchange Commission, including its Forms 10-K and 10-Q.

These forward-looking statements speak only as of the date of this press release, and iRhythm undertakes no obligation to update them, except as required by law.

Media Contact:
Kassandra Perry
[email protected]

Investor Contact:
Stephanie Zhadkevich
[email protected]

The Zio AT device is not intended for use in critical care patients because the reporting timeliness is not consistent with life-threatening arrhythmias such as ventricular fibrillation. Refer to Zio AT Clinical Reference Manual for additional information.Do not use Zio AT for patients with symptomatic episodes where variations in cardiac performance could result in immediate danger to the patient or when real-time or in-patient monitoring should be prescribed.Ashburner JM et al. “Arrhythmias in Patients with Diabetes and Chronic Kidney Disease Detected by Long-Term Ambulatory ECG Monitoring.” American College of Cardiology 2026 Annual Scientific Session & Expo, 2026. New Orleans, Louisiana.Battisti AJ. “Incidence of Arrhythmias in Patients with Obesity Detected by Long-Term Ambulatory ECG Monitoring.” American College of Cardiology 2026 Annual Scientific Session & Expo, 2026. New Orleans, Louisiana.“Incidence of Cardiac Arrhythmias in Patients with Diabetes: a Real-World Study.” American Diabetes Scientific Sessions, 2025; Chicago, Illinois.Russo P et al. “Incidence and Timing of Major Arrhythmias in T2D and CKD:A Real-World Analysis.” American Diabetes Scientific Sessions, 2025; Chicago, Illinois.Russo P et al. “Onset of Arrhythmias in the CKM Continuum: Real-World Insights From a National Cohort.” American Heart Association Scientific Sessions, 2025; New Orleans, Louisiana.Russo P et al. “CKD and CKM Syndrome: Accelerated Progression to Arrhythmias in a National Cohort.” American Heart Association Scientific Sessions, 2025; New Orleans, Louisiana.Russo P et al. “Arrhythmias as Early Predictors of Chronic Kidney Disease: Real-World Evidence From a National Cardio-Kidney-Metabolic Cohort.” American Heart Association Scientific Sessions, 2025; New Orleans, Louisiana.https://www.jacc.org/doi/10.1016/S0735-1097%2823%2902786 9 https://www.ajmc.com/view/assessment-of-variation-in-ambulatory-cardiac-monitoring-among-commercially-insured-patientsiRhythm internal estimate based on analysis of public and proprietary sources, including U.S. Census Bureau data, CDC healthcare utilization data, Medicare Public Use Files, IQVIA, Komodo Health, Definitive Healthcare, and peer-reviewed literature on arrhythmia prevalence, symptom presentation, and diagnostic pathways. Full source list available upon request.Predictive Arrhythmia Solutions does not represent functionality of any Zio branded medical device.The MyZio® mobile app for patients is not a medical device and is not intended to diagnose, treat, cure, or prevent any disease.Data on file. iRhythm Technologies, 2025.

Posted by Defense World Staff on Apr 6th, 2026

MSP Recovery (NASDAQ:MSPR – Get Free Report) and iRhythm Technologies (NASDAQ:IRTC – Get Free Report) are both medical companies, but which is the better stock? We will compare the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, dividends, earnings and profitability.

Profitability This table compares MSP Recovery and iRhythm Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets MSP Recovery -7,328.48% -326.80% -81.27% iRhythm Technologies -5.96% -28.15% -3.35% Analyst Ratings This is a breakdown of recent ratings for MSP Recovery and iRhythm Technologies, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score MSP Recovery 1 0 0 0 1.00 iRhythm Technologies 1 1 11 2 2.93 iRhythm Technologies has a consensus target price of $209.46, indicating a potential upside of 79.33%. Given iRhythm Technologies’ stronger consensus rating and higher probable upside, analysts clearly believe iRhythm Technologies is more favorable than MSP Recovery.

Valuation and Earnings This table compares MSP Recovery and iRhythm Technologies”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio MSP Recovery $9.81 million 0.05 -$360.50 million ($572.83) 0.00 iRhythm Technologies $747.14 million 5.05 -$44.55 million ($1.40) -83.43 iRhythm Technologies has higher revenue and earnings than MSP Recovery. iRhythm Technologies is trading at a lower price-to-earnings ratio than MSP Recovery, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk MSP Recovery has a beta of -2.8, meaning that its stock price is 380% less volatile than the S&P 500. Comparatively, iRhythm Technologies has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500.

Institutional & Insider Ownership 3.8% of MSP Recovery shares are held by institutional investors. 50.5% of MSP Recovery shares are held by insiders. Comparatively, 1.1% of iRhythm Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary iRhythm Technologies beats MSP Recovery on 12 of the 15 factors compared between the two stocks.

About MSP Recovery (Get Free Report)

MSP Recovery, Inc. engages in the development of healthcare recoveries and data analytics software. It also focuses on the identification and recoveries of improper payments made by Medicare, Medicaid, and commercial insurance spaces using data and analytics. The company was founded by John H. Ruiz, Frank C. Quesada, and Diana Diaz on July 8, 2014 and is headquartered in Miami, FL.

About iRhythm Technologies (Get Free Report)

iRhythm Technologies, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. It offers Zio services, an ambulatory monitoring solution, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. The company also provides the Zio Monitor System, a prescription-only, remote electrocardiogram (ECG) monitoring system that consists of a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days and the Zio ECG Utilization Software System, which supports the capture and analysis of ECG data recorded by the Zio Monitor patch at the end of the wear period, including specific arrhythmia events detected by the ZEUS System; the Zio XT System is the previous generation of the Zio Monitor System and is a prescription-only, remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and the Zio AT system, a prescription-only, remote ECG monitoring system that similarly consists of the Zio AT patch that records the electric signal from the heart continuously for up to 14 days and the ZEUS System, but which also incorporates the Zio AT wireless gateway that provides connectivity between the Zio AT patch and the ZEUS System during the patient wear period. It has a development collaboration agreement with Verily Life Sciences LLC and Verity Ireland Limited to develop various next-generation atrial fibrillation screening, detection, or monitoring products. The company was incorporated in 2006 and is headquartered in San Francisco, California.

Receive News & Ratings for MSP Recovery Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSP Recovery and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEMacroGenics (NASDAQ:MGNX) & Medtronic (NYSE:MDT) Critical Review

NEXT HEADLINE »Contrasting Energys Group (NASDAQ:ENGS) & Brookfield Business (NYSE:BBUC)

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Shareholders should contact the firm immediately as there may be limited time to enforce your rights. 

, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of iRhythm Technologies, Inc. (NASDAQ: IRTC) breached their fiduciary duties to shareholders.

If you currently own iRhythm stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn more about your legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. Our firm would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Why Your Participation Matters:

Shareholder involvement can help improve a company's policies, practices, and oversight mechanisms to create a more transparent, accountable, and effectively managed organization, which can enhance shareholder value.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
One World Trade Center
85th Floor
New York, NY 10007
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

SOURCE Halper Sadeh LLP