Tommy Douziech
Senior Analyst
RTX Hits the Jackpot
On October 1, the US Navy signed a contract with Raytheon worth up to $24.4bn for a single munition, the SM-6 interceptor, whose production it wants to quadruple within five years. Three days earlier, the AMRAAM had secured $20.7bn. In mid-August, the Tomahawk had landed $22.9bn. Meanwhile, in airline hangars, mechanics were taking apart prematurely worn GTF engines, and every visit to the shop was ringing up Pratt & Whitney's cash register: civilian parts sales were up 21% y-o-y.
October 26, 2026 at 02:41 pm
Apple's new connected-home strategy
The cameras, lock and thermostats in the new Apple Home Collection install like a pair of AirPods. Open the box next to an iPhone, pairing starts automatically, and no account will ever be required other than an Apple ID. Yet none of these devices comes out of Apple's own labs.
October 14, 2026 at 02:59 pm
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