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NanoXplore expects return to growth and positive free cash flow after difficult fiscal 2026
NanoXplore targets up to C$140 million revenue and positive free cash flow as its graphene commercialization strategy accelerates.
Harworth (LSE: HWG) targets £7.4m cost savings as board fights 172.5p Peel cash bid
Harworth Group has quantified at least £7.4 million of annualised cost savings as part of its defence against Peel’s 172.5p-per-share cash offer, arguing that a simpler powered-land and industrial platform can generate higher standalone returns.
LSL Property (LSE: LSL) profit rises 11% as £5m transformation plan targets margins above 20%
LSL Property Services increased first-half profit despite weaker UK residential sales and has launched a transformation programme targeting at least £5 million of annualised benefits and a group operating margin above 20%.
Rocket Lab eliminates $3.6bn bridge loan as Iridium acquisition financing takes shape
Rocket Lab fully funds its $8 billion Iridium acquisition after raising $1.94 billion in equity and eliminating a $3.6 billion bridge loan.
Rheinmetall gets US Marine Corps order after four years of robot trials
American Rheinmetall has secured a $7.28 million US Marine Corps contract for 12 Mission Master SP autonomous ground vehicles and five amphibious kits after more than four years of testing, creating a small initial order with potentially much larger implications for US autonomous logistics procurement.
HII moves ROMULUS 151 into physical production with five unmanned ships underway
HII and Breaux Brothers have completed the structural build and hull flip of the first ROMULUS 151 unmanned surface vessel, while five vessels are now under construction as HII positions the platform for US Navy and allied autonomous maritime requirements.
Lockheed Martin gets $826m JASSM-LRASM award as missile contract tops $10.48bn
Lockheed Martin has received an $825.98 million modification for JASSM and LRASM large-lot procurement, pushing the cumulative contract value to $10.48 billion as the United States expands production of long-range strike and anti-ship missiles through 2030.
IP Group (LSE: IPO) NAV reaches £1bn as Pfizer obesity royalty drives fresh rerating
IP Group increased net asset value per share to 113.9p in the first half as Pfizer’s obesity programme lifted the value of its royalty asset, while cash realisations have accelerated sharply during 2026.
U.S. Navy places up to $200m Blackbeard production order with Castelion
The U.S. Navy has placed a production delivery order worth up to $200 million for Castelion’s Blackbeard hypersonic weapon, advancing the programme beyond early operational prototypes as the startup deploys fresh private capital into manufacturing scale.
City of London Investment Group (LSE: CLIG) profit rises 25% despite $1.3bn outflows
City of London Investment Group increased funds under management by 13.9% and pre-tax profit by 24.8%, even though clients withdrew a net US$1.3 billion during the year.