Navy

Tech bull Dan Ives of Wedbush Securities has raised his price target for Palantir Technologies Inc. (NASDAQ:PLTR), signaling a 12% upside from its current trading price over the next 12 months. What Happened: In a post on X, Ives expressed growing confidence in Palantir's artificial intelligence...

Scientists backed by the U.S. Navy have created the world's first genetically modified spider. This achievement could pave the way to a new category of high-performance materials with major implications for defense, aerospace, and medicine. What Happened: A team at the University of Bayreuth in...

A crucial Navy server that stores vital pay and promotion data remains exposed without a disaster recovery plan after a contract to transfer the information to the cloud was canceled by the Department of Government Efficiency (DOGE). What Happened: Earlier this month, DOGE terminated a $170 million...

China, whose navy has the world's largest fleet but only one foreign facility to launch ships, is secretly building a new naval base in Cambodia. What Happened: The Washington Post, citing Western officials, reported that the secretive base that China is building in the land of its Asian...

New York Gov. Andrew Cuomo announced in a briefing late Wednesday morning that President Donald Trump is dispatching the USNS Comfort to New York Harbor. A short time later Trump said both the Comfort and USNS Mercy would be "launched in the next week or so" to help in what the president called the...

Shipbuilder Huntington Ingalls Industries Inc (NYSE: HII) is a pure play on the defense sector and boasts an "underappreciated story" that investors should take advantage of, according to Buckingham Research Group.  The Analyst Analyst Richard Safran initiated coverage of...

Power generation company BWX Technologies Inc (NYSE: BWXT) was accorded the top notch rating by an analyst at Seaport Global, as he sees a path to well over $100 for the shares of the company. The Analyst Seaport Global analyst Josh Sullivan initiated coverage of BWX Technologies with a Buy...

The Marine Corps and the Navy swear by the most modern and emerging technologies, as they seek to bridge the gap in capability. Will this translate to gains for the defense contractors? The U.S. Marine Corps, or USMC, is part of the U.S. Armed Forces, vested with the responsibility of providing...

Raytheon Company (NYSE: RTN) disclosed that it started deliveries of pulse power containers for the Navy's railgun program in the United States. According to the company, "The containers, which are comprised of multiple pulsed power modules, would be integrated into the Navy's Railgun test range...

Despite monstrous looming economic hurdles, equity markets pushed higher. Last Wednesday, the Federal Reserve is expected to announce reduction of its $85 billion bond buying program, confrontation with Syria is still a possibility, and the government is expected to run out of money next month...