Sub Brief on MSN2h
Russian Navy's 48000 Ton Submarine - Engineering Marvel!
The Russian Typhoon-class SSBN (Project 941 "Akula") is the largest nuclear-powered ballistic missile submarine ever built.
Mercury Systems upgraded to Outperform from Neutral at Baird
Baird upgraded Mercury Systems (MRCY) to Outperform from Neutral with a price target of $58, up from $37. The firm says its confidence has ...
Mercury Systems signals mid-single-digit FY25 revenue growth backed by production ramp
CEO Bill Ballhaus emphasized that Q2 results exceeded expectations, highlighting $223 million in revenue, a 13% year-over-year increase, and an adjusted EBITDA margin of 9.9%. The quarter also saw ...
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Lockheed Martin awarded $551 million Navy contract for submarine electronic warfare systems
Lockheed Martin Rotary and Mission Systems has been awarded a $551 million contract to provide engineering, technical support, and production ...
Andover defense company lays off over 100 workers
Mercury Systems Inc. has cut 145 roles in its latest round of layoffs. The Andover-based defensetech company said in a ...