Share of defense companies like Raytheon and Northrop Grumman could keep rising as the U.S. government and its allies ship weapons to Ukraine.
Russia Halts Rocket Engine Supply To US As ISS Partnership Threatened Russia''s State Space Corporation Roscosmos halted deliveries of rocket engines to the US following a series of devastating financial sanctions by the US, according to Russian state-owned news agency TASS . "Today, we have made a decision to halt the deliveries of rocket engines produced by NPO Energomash to the United States . Let me remind you that these deliveries had been quite intensive somewhere since the mid-1990s," Roscosmos Chief Dmitry Rogozin said in an interview with the Rossiya-24 TV on Thursday. United Launch Alliance (ULA), a joint venture between Boeing and Lockheed Martin, uses Russian RD-180 engines to power Atlas V launch vehicle''s main propulsion systems. ULA has been developing a new rocket called Vulcan, which would use American-made engines. Those engines, called BE-4s, are being developed by Jeff Bezos'' Blue Origin and are almost ready for testing. ULA CEO Tory Bruno told The Verge , "the very first Vulcan flight, slated to take place this year." Northrop Grumman Corp. also uses Russian engines on its Antares rocket to lift a spacecraft packed with cargo to the International Space Station (ISS).
Biden publicly stated his administration's intent to onshore more US operations to protect national posterity against the geopolitical risk of overdependency, unveiling some long-term investment oppor

Oil Supply From Libya''s Largest Oilfield Suspended

06:50pm, Thursday, 03'rd Mar 2022 OilPrice com
Crude oil production from Libya''s largest oilfield, El Sharara, has been suspended after the Hamada valve was closed by an unknown person or persons, according to various media reports, citing two oil engineers. The El Sharara oilfield is responsible for the production of some 300,000 barrels of oil per day at full capacity—or more than a quarter of Libya''s total crude oil output. The news—which Libya''s NOC or oil ministry has yet to confirm--comes just hours after Libya''s NOC said that it had closed six oil ports due to bad weather.…
ULA’s Atlas V rocket flies on Russia’s RD-180 engine. | Image: ULA Russia’s state space corporation Roscosmos has issued its latest round of threats in response to global sanctions, this time claiming Russia will no longer sell rocket engines to the United States. Most rocket launches in the US should not be affected, but the decision could change how cargo is sent to the International Space Station. The head of Roscosmos, Dmitry Rogozin, announced the new policy in an interview with the Russia 24 TV channel. “Today we have made a decision to halt the deliveries of rocket engines produced by NPO Energomash to the United States,” Rogozin said in the interview, according to Russia’s state press site Tass . “Let me remind you that these deliveries had been quite intensive somewhere since the mid-1990s.” Rogozin also added: “Let them fly on something else, their broomsticks, I don’t know what,” according to Reuters . “Today we have made a decision to halt the deliveries of rocket engines.” The decision would primarily affect two companies in the US: the United Launch Alliance, which is a key launch provider for NASA and the US Department of Defense, and Northrop Grumman, which periodically launches cargo to the International Space Station for NASA.
The US stock market has had a dismal start to 2022. Every sector, save energy, has lost ground year to date. The defense industry, however, remains an
The Dow Jones U.S. Aerospace & Defense Index has rallied 10% since Feb 24, the day when Russia officially invaded Ukraine. LMT, GD & NOC are in focus.
Russia's invasion of Ukraine has investors looking towards several market niches that stand to benefit the most from this devastating turn of events.
FALLS CHURCH, Va., March 01, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the 2022 J.P. Morgan Industrials Conference on Tuesday, March 15. Dave Keffer, corporate vice president and chief financial officer, will present beginning at 2:10 p.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com .
Space agency says Northrop Grumman and SpaceX could assist after Russia raises prospect of pulling out over sanctions punishing its invasion of Ukraine Ukraine Russia news: latest updates Nasa is exploring ways to keep the international space station in orbit without Russian help, but doesn’t see any immediate signs Moscow is withdrawing from the collaboration after the invasion of Ukraine. The US side of the international space station (ISS) supplies power and life support, Russia is responsible for propulsion and keeping the station afloat: it does this by using docked Progress spacecraft to periodically give the station a boost to maintain its altitude of approximately 400km (250 miles). Continue reading…
Aerospace and defense stocks are on the move Monday following positive analyst coverage amid the ongoing Russia-Ukraine conflict. Virtus …
Aerospace and defense stocks are on the move Monday following positive analyst coverage amid the ongoing Russia-Ukraine conflict. Virtus Investment Partners'' Joe Terranova sees significant upside potential in Lockheed Martin Corp (NYSE: LMT ), Northrop Grumman Corp (NYSE: NOC ) and Raytheon Technologies Corp (NYSE: RTX ), despite Monday''s outperformance. "I think all three of these names you could buy today," Terranova said Monday on CNBC''s "Fast Money Halftime Report." Institutions have … Full story available on Benzinga.com
Defense stocks that are positioned to trend higher as geo-political tensions escalate. Robust order book provides cash flow visibility.
Let???s take a look into how the market reacts to geopolitical events and identify a few names that are currently displaying relative strength.
Investors are wondering about what stocks to buy during the war between Russia and Ukraine and we've got a few suggestions. The post What Stocks to Buy During War?
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