Tag: #defense

News

Robot factories and hypersonic missiles: JPMorgan Chase’s first $5 billion of defense investments

Saturday, October 24, 2026 | 06:57

The financial institution, which initially stated last year that it would allocate $10 billion into startups over the course of a decade, is now open to expanding the program beyond that initial budgetary ceiling, according to JPMorgan co-President Doug Petno during an interview. Todd Combs, the former Berkshire Hathaway executive and longtime investment lieutenant to […]

Corporate Earnings

Saab Beats Third-Quarter Estimates as New Orders More Than Triple on Major Defense Deals, Led by Ukraine Fighter Jet Contract

Saturday, October 24, 2026 | 00:02

Swedish defense and aerospace giant Saab has reported better-than-expected third-quarter earnings and revenue, bolstered by a monumental surge in new orders that more than tripled compared to the same period a year earlier. The robust financial performance was primarily propelled by a high-profile defense agreement to supply Gripen fighter jets to Ukraine, underscoring the accelerating […]