President Joe Biden’s administration announced Wednesday that the United States will send 31 M1A1 Abrams tanks to Ukraine to aid the country in its fight against Russia. This announcement comes after the U.S. hesitated for weeks to send tanks to Ukraine, which is gearing up to defend against another Russian advancement.
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Lockheed Martin (NYSE:LMT) today announced the successful first flight of the F-16 Block 70 at its Greenville, South Carolina site.
The flight occurred Jan. 24 at 9:17 a.m. ET, with
Netflix, Inc. (NASDAQ: NFLX) shares jumped nearly 8.5% on Friday before settling at their highest level since April 19, 2022, when shares plunged after the company reported its first loss in net paid subscriber adds in a decade.
Morgan Stanley analyst Kristine T Liwag said after defense stocks closed up 20% in 2022 versus the S&P down 19%, the sector has since underperformed the broader market by 6.5% in the new year.