News
Something has shifted on the battlefield in Ukraine. After more than four years of grinding attrition, the Institute for the Study of War assessed in late May 2026 that Russia's daily rate of advance has fallen sharply, while Ukraine has - for the first time since its failed 2023
Policy and Budgets
There is a number that has been quietly reshaping the calculus of every major defense contractor in America: $1.2 trillion. That is the Congressional Budget Office's independent estimate for what it would cost to build and operate the Golden Dome for America missile defense system over the
Weekly Brief
The defense sector remained in focus this week as investors continued to digest a wave of major Pentagon contract awards, accelerating military AI adoption, and growing investment in next-generation space defense infrastructure. While broader markets remained sensitive to interest rates and geopolitical developments, defense names continued to benefit from
Policy and Budgets
The UK and Poland signed the Northolt Treaty on May 27. The House Armed Services Committee released its FY27 defense bill on May 29. Together, these two events tell the same story: the global defense budget architecture is being rebuilt from scratch.
Drones
Ondas Inc. just announced $110 million in Q2 orders on May 29 - on top of a record Q1 and a guidance raise to $390 million. Here is what the ONDS story means for defense investors watching the autonomous systems space.
Drones
The Trump administration is negotiating equity stakes in American drone startups. Here is what the Pentagon's $210 billion push to close the U.S. drone manufacturing gap means for investors and the defense sector.