S&P Aerospace & Defense SPDR (XAR)

Howmet Aerospace has left its aerospace and defense peers in the dust, delivering standout gains over the past year. With analysts betting big on its momentum, the stock’s future looks hotter than ever....

Despite trailing its Aerospace & Defense peers over the past year, Northrop Grumman still holds a moderately optimistic outlook from Wall Street analysts.

The company also said that it does not expect Athena to recharge given the direction of the sun, the orientation of the solar panels, and the extremely cold temperatures in the crater.

The military drone maker cut its annual adjusted earnings forecast to $2.92 and $3.13 per share, compared with its earlier estimate of $3.18 to $3.49 per share.

For the three months ended Dec. 31, the air-taxi company reported a net loss of $198.1 million, compared with a loss of $109.1 million, in the year-ago quarter.

The weapons maker projected first-quarter revenue between $285 million and $295 million, while analysts, on average, expect the company to post $300.2 million in revenue.

Its net income rose to a record $168 million, or $1.20 per share, during the three months ended Jan. 31, compared with $114.7 million, or $0.82 per share, a year earlier.

Huntington Ingalls Industries has considerably underperformed the broader market over the past year, and analysts are cautious about the stock’s prospects.

L3Harris has lagged the broader market over the past year, but Wall Street analysts remain cautiously optimistic about its growth potential.

According to The Washington Post, Defense Secretary Pete Hegseth has proposed an 8% reduction in projected U.S. military spending over the next five years. If adopted, this move would be the largest effort...