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ICx Stock Price Struggles on Big Fourth Quarter Earnings Miss

Reporting for the first time as a public company, ICx Technologies [ICXT] last week posted a smaller net loss and higher sales in its fourth quarter but the loss was worse than expected, causing investors to chuck their shares of the company's stock, which tumbled a combined 33 percent on Friday and Monday. Investors may have oversold somewhat as the company's stock price regrouped on Tuesday and in early trading near our deadline had gained back over 10 percent of…

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Congress Updates

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]


Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]


Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]


Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]