Starbucks' (NASDAQ: SBUX) new CEO, Brian Niccol, has put together a comprehensive strategy to turn around the business. That includes increasing personalization in stores by writing notes on cups and serving drinks in mugs to customers who are staying in stores. Niccol is aiming to reclaim the concept of a "third place" for Starbucks, and he's invested in labor to alleviate chokepoints in service ...
Starbucks' (NASDAQ: SBUX) new CEO, Brian Niccol, has put together a comprehensive strategy to turn around the business. That includes increasing personalization in stores by writing notes on cups and serving drinks in mugs to customers who are staying in stores. Niccol is aiming to reclaim the concept of a "third place" for Starbucks, and he's invested in labor to alleviate chokepoints in service like mobile order and pay, and reduce barista stress. One of his tactics for driving change in the business was investing in AI, specifically an inventory management technology that could track inventory, freeing up baristas to focus on customer service instead of counting boxes. However, that initiative seems to have missed the mark. According to a report in Reuters , Starbucks is retiring Automated Counting, as the technology was known. The technology frequently miscounted and mislabeled items, for example, confusing similar milk types. Overall, the technology seemed like a good idea, but the execution did not live up to expectations. Continue reading
TonyBaggett/iStock via Getty Images Shares of gold mining companies continue to lag after an incredible 2025 and the start of this year. But the January peak has proven to be a potentially long-term high. That sounds bearish, but many international miners are actually quite reasonably priced... so long as gold can hang above key support in the $4,500 per troy ounce range. I had a "B uy" rating on ...
TonyBaggett/iStock via Getty Images Shares of gold mining companies continue to lag after an incredible 2025 and the start of this year. But the January peak has proven to be a potentially long-term high. That sounds bearish, but many international miners are actually quite reasonably priced... so long as gold can hang above key support in the $4,500 per troy ounce range. I had a "B uy" rating on IAMGOLD Corporation ( IAG ) back in January 2025 . Shares are up tremendously since then, more than tripling, compared to a 27% S&P 500 advance. Today, I reiterate a "B uy" rating. The valuation appears compelling following a major decline from near $25 to below $17. I’ll call out one key technical spot to monitor as we approach mid-year. Gold Miners Give Back Some Gains StockCharts.com In May, IAG reported a solid set of quarterly results. Q1 GAAP EPS of $0.64 topped the Wall Street consensus forecast of $0.55, while revenue of $1.03 billion, up a massive 116% from the same period a year ago, was a material $53 million beat. With gold prices hitting $5,500 in Q1 , the firm’s cost of sales per ounce tallied $1,619 over the January through March stretch. Shares lifted 13.4% in the session that followed, the best post-earnings performance back to August of 2024. Looking ahead to the Q2 report, the options market prices in an elevated 8.4% earnings-related stock price swing based on the at-the-money straddle expiring soonest after the release. The stock now has an implied volatility percentage of 58%, and shares of the $9.6 billion market cap gold industry company within the Materials sector do not pay a dividend. Looking back on the quarter that was, IAG delivered strong operational and financial performance to kick off the year. Its total attributable gold production reached 183,600 ounces, made up of 95,100 ounces from its Essakane project, 52,300 ounces from Côté Gold, and 36,200 ounces from Westwood. Deals were even stronger, with total attributable gold sales outpacing p...
Key Points About a quarter or more of Zoom's enterprise value is made up of Anthropic stock. Zoom also has a ton of cash and generates strong free cash flow. 10 stocks we like better than Zoom Communications › Anthropic is one of the market's most hotly anticipated IPOs, with investors eagerly awaiting the company's announcement that it's going public. The large language model (LLM) maker has been...
Key Points About a quarter or more of Zoom's enterprise value is made up of Anthropic stock. Zoom also has a ton of cash and generates strong free cash flow. 10 stocks we like better than Zoom Communications › Anthropic is one of the market's most hotly anticipated IPOs, with investors eagerly awaiting the company's announcement that it's going public. The large language model (LLM) maker has been seeing explosive growth, with its revenue reportedly set to double quarter over quarter, from $4.8 billion in Q1 to $10.9 billion in Q2. This acceleration also isn't growth at any cost, as the company is expected to turn in an operating profit of $559 million in Q2. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » While it offers a consumer product, Anthropic has made its mark by focusing on the enterprise market, where it generates about 80% of its revenue. The company has found a strong niche in coding, with its Claude Cowork and Claude Code products helping drive its growth. Anthropic has drawn investments from several large companies, including Amazon and Alphabet. However, there is an under-the-radar stock that's set to benefit much more from Anthropic's success than these behemoths. That company is video-conferencing platform operator, Zoom (NASDAQ: ZM). An early Anthropic investor Zoom's investment arm, Zoom Ventures, took a stake in Anthropic in May 2023. While the original size of the investment hasn't been disclosed, it's widely believed to have been the bulk of the $51 million in investments it made during the quarter. Zoom later made another $46 million investment in Anthropic preferred shares in Q1. In its latest 10-Q filing, it said its total investment was valued at $1.27 billion based on Anthropic's February valuation round, which was done at $380 billion. However, fast forward a few month...
Meta Platforms (META) has quietly added a new reason for investors to pay attention. Just a few days ago, the company launched Forum, a stand-alone app for Facebook Groups that looks a lot like Reddit (RDDT), while Meta’s app ecosystem still reaches 3.56 billion daily active users. The stock, meanwhile, has been choppy. META is down more than 7% year-to-date, underperforming the broader market ind...
Meta Platforms (META) has quietly added a new reason for investors to pay attention. Just a few days ago, the company launched Forum, a stand-alone app for Facebook Groups that looks a lot like Reddit (RDDT), while Meta’s app ecosystem still reaches 3.56 billion daily active users. The stock, meanwhile, has been choppy. META is down more than 7% year-to-date, underperforming the broader market index as worries over AI spending and legal risk persist. Meta Is Taking Another Shot at Community Apps Forum is a small product launch on paper, but it fits a bigger strategy. Meta describes Forum as a “dedicated space for deeper discussions, real answers, and the communities you care about” with feeds built around group conversations and an AI-powered “Ask” tab. It is also not Meta’s first try at a standalone Groups product, which makes the company’s willingness to revisit the idea notable. If Forum gains traction, it could create another layer of sticky engagement and ad inventory; if it does not, it becomes another experiment in a long list of Meta side bets. AI Spending Is Still Pressuring the Stock The bigger stock story, though, has been Meta’s capital-spending spree. In late April, the company raised its 2026 capex outlook to $125 billion to $145 billion, up from $115 billion to $135 billion, and shares dropped more than 6% in extended trading as investors absorbed the scale of the AI bill. Meta also said it expects full-year expenses of $162 billion to $169 billion and warned that legal and regulatory issues in the U.S. and Europe could materially affect results. The market’s message has been clear: Strong growth is no longer enough on its own if the payoff from AI still looks far away. On valuation terms, Meta is not cheap in absolute terms, but it is also not priced like a runaway AI darling. The stock trades at about 22.2 times earnings, and its price-to-sales ratio is around 7.2. At the same time, Meta is still delivering fast growth, so the multiple is being anch...
The current technology bull market is nothing short of spectacular. Despite inflation, trade, and geopolitical concerns, the tech-heavy Nasdaq 100 Index ETF (QQQ) is up a staggering 30% from its late March lows and is working on its ninth weekly gain out of the previous 10. What’s driving tech stocks? The AI boom. The current AI boom is witnessing unprecedented spending, with AI big tech hyperscal...
The current technology bull market is nothing short of spectacular. Despite inflation, trade, and geopolitical concerns, the tech-heavy Nasdaq 100 Index ETF (QQQ) is up a staggering 30% from its late March lows and is working on its ninth weekly gain out of the previous 10. What’s driving tech stocks? The AI boom. The current AI boom is witnessing unprecedented spending, with AI big tech hyperscalers spending ~$750 million in capital expenditures (CAPEX) this year on AI data centers and infrastructure (with expectations for more than $1 trillion a year in 2027 and 2028). Memory Sector Experiences Supercycle The breathtaking AI spending has reverberated throughout the U.S. and global economies. However, certain industries have benefited more than others. Thus far, the biggest beneficiaries of the AI buildout have been high-performance memory companies like Micron (MU) and SanDisk (SNDK). AI models mostly operate on NVIDIA’s (NVDA) best-in-breed graphics processing units (GPUs). These GPUs take complex pieces of data, train them, and make sense of them. These AI models (like large language models) rely on billions of algebraic variables called weights. To process a single prompt, the GPU must continuously reference these weights. Standard memory solutions do not store enough data to enable AI training, but SNDK and MU’s technologies do. Memory Demand Outstrips Supply Currently, global demand for memory is so robust that most Wall Street analysts predict severe supply shortages for at least 2 years. These supply shortages have triggered unprecedented pricing power for SNDK and MU. As a result, Zacks Consensus Estimates expect explosive EPS growth for these companies. Below is a look at the Zacks Consensus Estimates for SanDisk: Zacks Investment Research Image Source: Zacks Investment Research SNDK/MU: True Market Leaders SanDisk and Micron are what I would call “true market leaders.” TMLs have the magic elixir of liquidity, bullish catalysts, hyper-earnings growth, and...
Last year’s brazen robbery of the Louvre – when thieves made off with jewellery worth some US$100 million – is set to become a film, a publisher said on Tuesday. French director Romain Gavras – whose work includes 2025 Hollywood film Sacrifice starring Anya Taylor-Joy and music videos including most recently a hypnotic schoolboy choreography for GENER8ION – will draw inspiration from the investiga...
Last year’s brazen robbery of the Louvre – when thieves made off with jewellery worth some US$100 million – is set to become a film, a publisher said on Tuesday. French director Romain Gavras – whose work includes 2025 Hollywood film Sacrifice starring Anya Taylor-Joy and music videos including most recently a hypnotic schoolboy choreography for GENER8ION – will draw inspiration from the investigative book Main basse sur le Louvre (literally A Grab at the Louvre). Film rights to the book about the October 19, 2025 heist had been sold to the production company Iconoclast, the Flammarion publishing house said. Advertisement The book, written by three journalists, from French dailies Le Parisien and Le Monde, and weekly glossy magazine Paris Match, is to hit bookstores on Wednesday. According to trade magazine Le Film Francais, the film project is in development, though neither the title nor the cast has been announced. 02:14 Crown jewels stolen from France’s Louvre museum in daring daylight heist The Louvre heist sent shock waves around the world and sparked a security crisis within the world-famous museum that ultimately led to the replacement of its director, Laurence des Cars.
The semi-annual rebalancing of U.S. equities is officially underway after FTSE Russell unveiled its preliminary list of shifts for the broad-market Russell 3000 Index. Additions among consumer staples stocks: Nu Skin Enterprises ( NUS ), USANA Health Sciences ( USNA ), Reed's Inc. ( REED ), BRC Inc. ( BRCC ), Once Upon A Farm PBC ( OFRM ), Beeline Holdings ( BLNE ), Sow Good ( SOWG ), and BranchOu...
The semi-annual rebalancing of U.S. equities is officially underway after FTSE Russell unveiled its preliminary list of shifts for the broad-market Russell 3000 Index. Additions among consumer staples stocks: Nu Skin Enterprises ( NUS ), USANA Health Sciences ( USNA ), Reed's Inc. ( REED ), BRC Inc. ( BRCC ), Once Upon A Farm PBC ( OFRM ), Beeline Holdings ( BLNE ), Sow Good ( SOWG ), and BranchOut Food Inc. ( BOF ). Deletions: Skinhealth Systems Inc. ( SKIN ), Natural Health Trends ( NHTC ), and Willamette Valley Vineyards ( WVVI ). This year's structural changes will officially take effect following the close of U.S. equity markets on Friday, June 26. More on Reed's Reed's, Inc. (REED) Q1 2026 Earnings Call Transcript Reed's, Inc. (REED) Q4 2025 Earnings Call Transcript Reed’s expects sequential improvement in net sales, gross margin and net loss as it reverses key packaging discontinuations Reed's GAAP EPS of -$0.55 misses by $0.38, revenue of $7.1M misses by $2.52M Seeking Alpha’s Quant Rating on Reed's
In this article AZO Follow your favorite stocks CREATE FREE ACCOUNT An AutoZone store in Richmond, California, US, on Thursday, Feb. 26, 2026. David Paul Morris | Bloomberg | Getty Images AutoZone Inc. stock was on track Tuesday for its worst trading day in more than six years despite the retailer beating Wall Street's estimates for its third-quarter fiscal results. AutoZone stock was off by more ...
In this article AZO Follow your favorite stocks CREATE FREE ACCOUNT An AutoZone store in Richmond, California, US, on Thursday, Feb. 26, 2026. David Paul Morris | Bloomberg | Getty Images AutoZone Inc. stock was on track Tuesday for its worst trading day in more than six years despite the retailer beating Wall Street's estimates for its third-quarter fiscal results. AutoZone stock was off by more than 10% during intraday trading Tuesday, putting it on pace for its first double-digit daily sales decline since the onset of the Covid pandemic in March 2020. The company reported earnings per share of $38.07 for its latest fiscal quarter compared to $36.28 per share expected, according to average estimates compiled by LSEG. Its $4.84 billion in revenue also was in line with LSEG estimates of $4.83 billion. The company's fiscal quarter ended May 9. Analysts on the company's quarterly call Tuesday were concerned about lackluster growth internationally and margin compression that was more in line with competitors. They also questioned slowing sales year-over-year due to cooler weather compared to pullbacks in consumer spending. "This slowdown in sales was caused by unseasonably cool weather impacting our heat-related categories, which normally begin to ramp this time of year as summer heat begins to take hold," AutoZone CEO Philip Daniele said Tuesday. Stock Chart Icon Stock chart icon Auto parts stocks Wall Street analysts also questioned executives Tuesday about continued pressures on the business from inflation, energy costs and potential supply chain disruptions caused by the war in Iran, specifically possible shortages of motor oil. AutoZone executives said they expect inflationary pressures to continue but be "slightly muted" due to year-over-year comparisons. They also weren't overly concerned about potential problems with supplies of lubricants such as motor oil that are reportedly impacting dealer operations at Toyota Motor and Nissan Motor. "The issue around lubri...
Watch Video of the Panel Below, or Click HERE: CorpGov hosted the second Princeton CorpGov Forum on May 21, 2026, at The Nassau Inn in Princeton, New Jersey. Speakers featured industry leaders and alumni spanning five decades at Princeton, and topics comprised university endowments, shareholder activism, private equity, venture capital, private and public capital markets, entertainment and the fin...
Watch Video of the Panel Below, or Click HERE: CorpGov hosted the second Princeton CorpGov Forum on May 21, 2026, at The Nassau Inn in Princeton, New Jersey. Speakers featured industry leaders and alumni spanning five decades at Princeton, and topics comprised university endowments, shareholder activism, private equity, venture capital, private and public capital markets, entertainment and the finance of college sports. The panelists discussed why entertainment companies initially resist new technologies like VHS, streaming, and AI before eventually adopting them once profitable. AI is drastically reducing development costs in gaming and media, allowing small teams to build products faster and cheaper. Human creativity, emotion, and instinct are still viewed as essential for successful storytelling and entertainment. AI is expected to eliminate some industry jobs, especially repetitive or entry-level roles, while raising concerns about replacing actors and creators. Media companies are shifting toward immersive experiences, gaming, and maximizing user engagement across digital and physical platforms. Speakers and Notable Attendees
Apple shares nudged higher in early Tuesday trading following a pair of upgrades on Wall Street heading into the tech giant’s Worldwide Developers Conference next month in California. “Apple may be on the brink of some real AI sizzle,” Reitzes said in a note published Tuesday.
Apple shares nudged higher in early Tuesday trading following a pair of upgrades on Wall Street heading into the tech giant’s Worldwide Developers Conference next month in California. “Apple may be on the brink of some real AI sizzle,” Reitzes said in a note published Tuesday.
Kajdi Szabolcs/iStock via Getty Images AeroVironment ( AVAV ) on Tuesday said the U.S. government is investing an additional $20.2 million into the company’s Huntsville, Alabama facility to increase low-rate initial production capacity for its Freedom Eagle-1 interceptor missile and prepare for eventual full-rate manufacturing. Freedom Eagle-1 interceptor (AeroVironment) The expansion will add 24,...
Kajdi Szabolcs/iStock via Getty Images AeroVironment ( AVAV ) on Tuesday said the U.S. government is investing an additional $20.2 million into the company’s Huntsville, Alabama facility to increase low-rate initial production capacity for its Freedom Eagle-1 interceptor missile and prepare for eventual full-rate manufacturing. Freedom Eagle-1 interceptor (AeroVironment) The expansion will add 24,000 square feet (2,229.67 square meters) to the site, which AeroVironment said will serve as the primary integration and production hub for the Next-Generation Counter-Unmanned Aircraft System Missile program, known as NGCM. The company said the project will also support hiring growth in Huntsville. The announcement adds to a growing stream of missile-defense related work for AeroVironment as the Pentagon increases spending on systems designed to counter drones and other aerial threats. For investors, the expansion signals that the Freedom Eagle-1 program is moving beyond development and toward larger-scale production, potentially creating a longer-term revenue opportunity tied to U.S. Army air defense modernization efforts. The company previously disclosed a $95.9 million contract award tied to the NGCM and Long-Range Kinetic Interceptor programs through the U.S. Army Combat Capabilities Development Command Aviation & Missile Center and the Aviation & Missile Technology Consortium. Freedom Eagle-1 is designed as a lower-cost interceptor intended to target Groups 2 and 3 unmanned aerial systems, while retaining some capability against smaller drones and certain aircraft. AeroVironment said the system recently completed several development milestones, including live-fire testing of its rocket motor and warhead evaluations. The Huntsville expansion follows another recently announced manufacturing investment by AeroVironment ( AVAV ). Earlier this year, the company said it would spend $30 million to expand its Albuquerque, New Mexico operations to increase production capacity ...
primeimages/E+ via Getty Images Summary For the quarter ended March 31, 2026, the portfolio returned 7.59% (gross of fees) and 7.31% (net of fees), strongly outperforming the -0.10% return of the MSCI Emerging Markets Index. The strategy benefited from security selection and an average overweight position in information technology, especially holdings in technology hardware, storage & peripherals....
primeimages/E+ via Getty Images Summary For the quarter ended March 31, 2026, the portfolio returned 7.59% (gross of fees) and 7.31% (net of fees), strongly outperforming the -0.10% return of the MSCI Emerging Markets Index. The strategy benefited from security selection and an average overweight position in information technology, especially holdings in technology hardware, storage & peripherals. Security selection and an average underweight position within the real estate sector weakened returns. The portfolio benefited from security selection and an average underweight allocation in Emerging Asia. Conversely, security selection in the United States negatively impacted the portfolio's performance. The portfolio maintains significant exposure to technology, industrials, communication services, and financials across China, Korea, India, Taiwan, and Brazil, capitalizing on secular growth themes while navigating diverse crosscurrents in emerging markets through an active, risk-aware approach. With geopolitical events likely to stoke elevated volatility for the foreseeable future, we believe that selectivity, applied within a thematically driven framework, will provide the best compass for navigating markets. Market Environment Global markets navigated two distinct environments in the first quarter. Equities rose over the first two months as the outlook for global growth and earnings improved, only to sell off in March amid the military conflict in Iran, a spike in oil prices, and rising economic uncertainty. Against this complex backdrop, emerging markets outperformed global markets in the first quarter, with the MSCI Emerging Markets Index returning -0.10% (in USD terms) or 2.19% in local currency. Emerging markets saw a wide range of returns as investors evaluated crosscurrents including secular demand themes, rising geopolitical conflict, and higher energy costs. Korean and Brazilian equities declined in March but generated leading returns over the quarter as the c...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 and Nasdaq are making new all-time highs Tuesday, but the market is trading off its best level of the session. Optimism that the U.S. and Iran could soon reach a peace deal that reopens the Strait of Hormuz is prov...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 and Nasdaq are making new all-time highs Tuesday, but the market is trading off its best level of the session. Optimism that the U.S. and Iran could soon reach a peace deal that reopens the Strait of Hormuz is providing a boost, but there's still plenty of uncertainty on whether an agreement will be made. Still, U.S. oil benchmark WTI crude and bond yields are lower on the day — a positive for equities, despite crude rebounding a few dollars from its morning lows below $90 a barrel and the 10-year Treasury yield climbing back above 4.5%. As of this writing, the low of the session for the 10-year yield is 4.475%. The AI theme was a big driver of the market's gains, with tech and industrials the two top-performing sectors Tuesday. Leading the charge was memory chipmaker Micron , which soared 19% in reaction to a bullish note by analysts at UBS. The massive rally vaulted Micron's market capitalization over $1 trillion, the 13th publicly traded company in that camp. Shares of Micron have now tripled this year and are up over 800% in the past 12 months. DuPont was a notable non-AI gainer in our portfolio on hopes for an Iran deal, adding over 2% to roughly $49.25. Shares of the materials maker for water, healthcare, and diversified industrial markets traded above $50 earlier in the day when oil was down more. Dupont's relationship to oil has to do with costs. The Middle East conflict has driven up some of its input costs, specifically high-density polyethylene and styrene. Oil is a feedstock used to make ethylene, so higher oil prices drive up the cost of polyethylene. Keep in mind, DuPont said on its first-quarter earnings call that it has applied surcharges and price increases, which management thinks will fully offset higher input costs this year. The company's ability to counter highe...
Trump DOJ mass-deletes info on Jan. 6 riot cases, including violent assaults on cops toggle caption Joseph Prezioso/AFP via Getty Images The Trump administration has mass-deleted information about prosecutions tied to the Jan. 6, 2021, attack on the U.S. Capitol, including cases of defendants who assaulted police officers. The removals mark the latest phase of Trump's effort to rewrite the history...
Trump DOJ mass-deletes info on Jan. 6 riot cases, including violent assaults on cops toggle caption Joseph Prezioso/AFP via Getty Images The Trump administration has mass-deleted information about prosecutions tied to the Jan. 6, 2021, attack on the U.S. Capitol, including cases of defendants who assaulted police officers. The removals mark the latest phase of Trump's effort to rewrite the history of the violent riot. Justice Department news releases that detailed guilty pleas, jury verdicts and prison sentences abruptly disappeared from government websites last week. On social media, the Justice Department defended the move, saying, "We are proud to reverse the DOJ's weaponization under the Biden administration. We will do everything in our power to make whole those who were persecuted for political purposes. This includes stripping DOJ's website of partisan propaganda." A review by NPR found that the deleted material included information about some of the most serious assaults on law enforcement that occurred that day. NPR maintains the most complete database and visual archive of the Jan. 6 prosecutions. Sponsor Message The purged news releases covered cases including: Daniel Rodriguez, who pleaded guilty to driving an electroshock device into the neck of former Washington, D.C. Metropolitan Police Department Officer Michael Fanone, and was sentenced to more than 12 years in prison. Albuquerque Head, who pleaded guilty to assaulting police and grabbing Fanone by the neck and pulling him into the mob of rioters while yelling, "I've got one!" Head was sentenced to more than seven years in prison. Thomas Webster, who was convicted by a jury of assaulting law enforcement with a metal flagpole, tackling a police officer to the ground and trying to remove the officer's gas mask. Webster was sentenced to 10 years in prison. Christopher Alberts, who was convicted by a jury of assaulting police with a wooden pallet and carrying a loaded handgun on Capitol grounds. Alberts...
Which players will make the cut? The U.S. World Cup soccer roster is revealed today toggle caption Eduardo Munoz Alvarez/AP NEW YORK — The run-up to this summer's FIFA World Cup is set to kick into a higher gear Tuesday when the U.S. men's national soccer team reveals which 26 players will make up the roster. Coach Mauricio Pochettino has experimented with a variety of lineups since he was hired i...
Which players will make the cut? The U.S. World Cup soccer roster is revealed today toggle caption Eduardo Munoz Alvarez/AP NEW YORK — The run-up to this summer's FIFA World Cup is set to kick into a higher gear Tuesday when the U.S. men's national soccer team reveals which 26 players will make up the roster. Coach Mauricio Pochettino has experimented with a variety of lineups since he was hired in 2024 to steer the USMNT through this summer. The roster will be announced during a live televised special on Fox at 3 p.m. Eastern time. The tournament begins in just over two weeks, with games hosted in 16 cities across the U.S., Mexico and Canada. It will mark the first time that World Cup games are being held in the U.S. since 1994, when the tournament helped spark Americans' interest in soccer, leading to the formation of Major League Soccer and widespread participation in youth soccer.
VanderWolf-Images L3Harris Technologies ( LHX ) said it has issued a purchase order to Polish defense company Wojskowe Zaklady Elektroniczne, or WZE, to manufacture attitude control motors used in the U.S. Army’s Patriot PAC-3 missile system. The agreement marks a step in Poland’s effort to establish domestic production capacity tied to its Wisla air defense program, which is based on the Patriot ...
VanderWolf-Images L3Harris Technologies ( LHX ) said it has issued a purchase order to Polish defense company Wojskowe Zaklady Elektroniczne, or WZE, to manufacture attitude control motors used in the U.S. Army’s Patriot PAC-3 missile system. The agreement marks a step in Poland’s effort to establish domestic production capacity tied to its Wisla air defense program, which is based on the Patriot missile defense system. L3Harris ( LHX ) said it has been working with Lockheed Martin ( LMT ) and WZE to prepare the Polish company as a certified supplier. The purchase order follows the installation of manufacturing equipment at a WZE facility in Zielonka, Poland, as well as training conducted at L3Harris’ solid rocket motor campus in Camden, Arkansas. According to the company, WZE has completed several manufacturing and production reviews required before beginning low-rate initial production. The PAC-3 interceptor is designed to target ballistic missiles, cruise missiles and aircraft. Each missile contains 180 attitude control motors, small propulsion devices that help guide the interceptor during flight and support its hit-to-kill targeting system. The move comes as the U.S. and allied countries seek to expand missile production capacity amid rising demand for air and missile defense systems in Europe and other regions. L3Harris ( LHX ) said it has supplied propulsion systems for the Patriot missile family since the program began and currently supports all PAC-3 missile variants in production. “This important milestone with WZE demonstrates key progress in diversifying our missile propulsion supply base while ensuring our global allies are equipped with critical defense technology,” Scott Alexander, president of missile propulsion for missile solutions at L3Harris, said in a statement. More on L3Harris Technologies L3Harris: Have To Remain Patient L3Harris Technologies: Strong Execution And Expanding Backlog Support Buy Rating L3Harris Technologies, Inc. (LHX) Q1 2026 ...