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Congress Moves To Boost Drone Funding As "War Unicorns" See Possible Procurement Supercycle
Congress Moves To Boost Drone Funding As "War Unicorns" See Possible Procurement Supercycle
Needham analysts see increasing congressional support for drones and counter-drone technologies as lawmakers advance the latest FY27 National Defense Authorization Act and related appropriations bills. This is bullish for defense-tech "war unicorns" specializing in drones, robotics, autonomy, and counter-UAS systems, as the Trump war economy shifts into higher gear.
Analyst Austin Bohlig launched Needham's FY27 Defense Budget Tracker, which provides clients with updates on next-generation defense technologies, especially drones, robotics, and autonomous systems.
Bohlig said the defense funding framework...
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Apr 30, 2026 / Tyler Durden
Caterpillar's Parabolic Rise Continues As AI Boom Supercharges Generator Sales
Caterpillar's Parabolic Rise Continues As AI Boom Supercharges Generator Sales
Hyperscalers are deploying as much as $725 billion in capital expenditures this year, primarily on AI data center buildouts, and it comes as no surprise that Caterpillar posted solid first-quarter earnings, as surging on-site power demand has created a boom for the company's power-generation business.
CAT is one of the world's biggest makers of machines used to build, mine, dig, haul, and power industrial sites. But what has investors focused on in recent quarters is its energy and power unit, which...
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May 28, 2026 / Tyler Durden
Remarkable Turns Of Events
Remarkable Turns Of Events
By Michael Every of Rabobank
It’s remarkable screen oil prices are little changed at below $100 today after Trump said the US is “not satisfied” over talks with Iran, days after claiming a deal was imminent, and hours after saying the terms the Iranians had leaked that the US agrees to --a real TACO-- were a “complete fabrication.”
It’s more remarkable when Trump added Iran and Oman will not control the Strait of Hormuz, which they say they will; vowed to blow up Oman if it misbehaves; struck...
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Mar 11, 2026 / Tyler Durden
"Risk Of Attack Is Too High": US Navy Refuses To Provide Escorts To Ships Transiting Hormuz Strait
"Risk Of Attack Is Too High": US Navy Refuses To Provide Escorts To Ships Transiting Hormuz Strait
One week after Trump announced that the US would cover insurance for ships transiting the Strait of Hormuz, and would provide them with US navy escorts, Reuters reports that the US Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now.
The U.S. Navy has held regular briefings with...
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