United Airlines must face a lawsuit filed by passengers who say they paid extra for window seats that had no actual windows.

On Monday, U.S. District Judge James Donato in San Francisco rejected the airline’s attempt to have the lawsuit dismissed.

UNITED FLIGHT RETURNS MIDAIR AFTER BLUETOOTH DEVICE NAME REPORTEDLY SPARKS SECURITY SCARE

A United Airlines jet at Chicago O’Hare International Airport. The airline must face a lawsuit filed by passengers who said they paid for window seats, only to discover they were seated near a wall instead.  (Daniel Slim/AFP via Getty Images)

The airline offered a defense that “window” referred to the location of a seat relative to the cabin wall and aisle, and that the carrier never contractually promised that seats in the window position would have views outside, Reuters reported. 

Donato rejected United’s argument that federal law blocked the passengers’ claims, saying the airline’s own ticketing terms, boarding passes and reservation screens promised window seats to customers who paid for them.

“No more is needed at this stage for the breach claims to go forward,” the judge said.

UNITED AIRLINES DROPS MERGER PURSUIT WITH AMERICAN, CEO KIRBY DETAILS WHY

A Delta Airlines Boeing 757 taxis at San Diego International Airport on Aug. 24, 2024, in California. (Kevin Carter/Getty Images)

United and Delta Air Lines both face class-action lawsuits after passengers said they found themselves seated next to walls on Boeing 737, Boeing 757 and Airbus A321 planes.

In a statement to FOX Business, United declined to comment on the lawsuit itself but noted that in 2025 it “added more detail to our seat selection process, so customers can have more information about what to expect when they choose a seat.” 

Delta, which is seeking to dismiss its lawsuit in the Brooklyn, New York, federal court, said it does not comment on pending litigation.

United Airlines is accused of selling window seats with no actual windows, according to a lawsuit. (Greenbaum Olbrantz law firm )

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Passengers typically buy window seats to address a fear of flying and motion sickness, keep children occupied, get more light or take in the view, according to the lawsuit. Both lawsuits seek millions of dollars in damages for more than 1 million passengers per carrier.

PD Ports has announced that Paul Foreman will take over from chief executive Frans Calje

A new leader has been appointed to head the region’s largest port and logistics operator as the current chief executive announced “the time is right” for him to stand aside. PD Ports – which runs Teesport, the North-east’s biggest port – has confirmed that Paul Foreman will succeed current chief executive Frans Calje on September 1.

Mr Calje is stepping down from the role after a decade at the top and more than 18 successful years with the company in total. Paul Foreman, the current chief operating officer, assumes the chief executive position following a recruitment process, after Mr Calje revealed it had always been his intention to hand over the reins after ten years in charge.

The leadership transition arrives at a crucial juncture for the business, which has bold ambitions to accelerate growth and respond to evolving industry and technological demands, through ongoing investment and expansion. PD Ports injects £1.4bn annually into the Teesside economy, sustaining 22,000 jobs throughout the broader supply chain while directly employing over 1,400 people across 11 UK locations.

Discussing his departure, Mr Calje said: “I always said, right from the moment I originally became CEO, that a ten-year timeframe would be in the best interests of the business, before a fresh perspective and new direction would be required to take us on to our next chapter of success.”, reports Teesside Live.

“The time is therefore right for a change of leadership to drive growth and the continued evolution of PD Ports. I am so proud to be leaving a business that is now safer, stronger and looking ahead to a sustainable and financially stable future, thanks to the work we’ve done together in this last ten years”.

Mr Foreman said: “I’m delighted and honoured to take over from Frans who has achieved so much in his time here, including the transformation of our container and bulks business, improving safety standards and significantly strengthening our balance sheet.

“I am also extremely grateful for his support as I take on this role. I am excited to lead this business which as operator of the largest port in the North East, is so key to the prosperity of Teesside, driving economic growth and providing employment and opportunities for so many hard-working people.”

Mr Foreman originally joined the company in 2020 as chief technology officer, before being promoted to chief operating officer three years later. His tenure has centred on spearheading transformational change through innovation.

Prior to PD Ports, he spent the bulk of his career at Formica Group, which he joined in 2001, spending a decade in a variety of financial positions across the UK, Europe, Asia, North America and China. He also serves as a Trustee for the Percy Hedley Foundation, a £40m turnover North East charity dedicated to providing education and support for children and adults with special needs.

Mr Calje began his professional career at the Port of Rotterdam. Since taking the helm as CEO, he has played a pivotal role in the strategic overhaul of Teesport’s container operations, while guiding the company to become one of the largest and most forward-thinking port groups in the UK.

More recently, he steered the business through the successful acquisition of a 49% stake by Pontegadea and has championed the drive to establish the Teesport Offshore Gateway — an ambitious proposed deep-water offshore wind manufacturing and assembly facility on the River Tees. His contribution to international trade and the broader UK economy has further been recognised with the award of an OBE.

Brookfield operating partner Becky Lumlock said: “On behalf of Brookfield and Pontegadea, I’d like to thank Frans for his impactful and integrity-driven leadership of PD Ports, which has delivered significant growth over the last ten years. We are delighted to appoint Paul into the CEO role – his innovative and strategic mindset has been central to the long-term planning for the business for some time and we are confident he will steer the business to new levels of success.”

The NBA’s trade rumor mill remains active heading into Summer League, with LeBron James’ free agency decision continuing to shape roster strategy across the league even as several other stars find themselves at the center of ongoing speculation. Here is a roundup of 10 of the latest trade rumors circulating as teams work to finalize their rosters ahead of training camp.

1. Warriors weighing an Anthony Davis trade to help land LeBron James

Golden State’s pursuit of James remains tangled up with the team’s interest in acquiring Anthony Davis from the Washington Wizards, a scenario multiple reports have described as central to whether the Warriors can present a credible offer to James. Warriors general manager Mike Dunleavy Jr. has continued exploring paths to acquire Davis, though Washington has publicly maintained it has no interest in trading him.

2. Jimmy Butler’s status tied directly to any Davis deal

Should Golden State manage to acquire Davis, it would likely require moving Jimmy Butler, who has one year and $57 million remaining on his contract. The Warriors have told Butler he won’t be dealt, though some analysts note that stance could be tested if a Davis blockbuster materializes. Butler is separately expected to be out until around Christmas as he recovers from January ACL surgery, limiting his appeal to other potential trade partners in the near term.

3. Trey Murphy remains a target, but a deal looks increasingly unlikely

The New Orleans Pelicans’ Trey Murphy has continued to draw trade interest across the league, but reporting suggests he is increasingly likely to stay put. One team executive said it would take a Desmond Bane-style package, roughly four first-round picks, to pry him away from New Orleans, though that asking price has reportedly softened somewhat without any concrete movement toward a deal.

4. Evan Mobley’s future in Cleveland could hinge on LeBron’s decision

Cavaliers big man Evan Mobley, who has four years and $223 million remaining on his contract, has emerged as a name to watch given Cleveland’s win-now roster construction. Analysts note that if James ultimately signs with Cleveland, Mobley’s touches and shot attempts could shrink significantly, raising questions about whether the team might explore moving him for a substantial return.

5. Myles Turner remains available, if not actively shopped

Milwaukee has little long-term incentive to keep center Myles Turner, who has three years and $80 million left on his deal, though reports indicate the Bucks are not actively shopping him. Because Milwaukee does not control its own draft picks for the next four years, the team has limited ability to rebuild through the draft, giving Turner’s situation continued relevance as young bigs Bobby Portis’ successor and Kel’el Ware see expanded roles.

6. Michael Porter Jr. speculation building in Brooklyn

Trade buzz has started to build around Nets forward Michael Porter Jr., who is in the final guaranteed year of his contract at $40 million. Brooklyn has reportedly not received the kind of draft-asset offers it had hoped for, and with new league rules pushing the team to remain more competitive next season, Porter could ultimately stay put through the year and become a more likely trade candidate closer to February’s deadline.

7. Jaylen Brown still drawing interest despite recent Celtics trade

Even after being traded from Boston to Philadelphia earlier this offseason in exchange for Paul George, Jaylen Brown has continued to generate trade speculation, with one report connecting him to a potential deal involving the Denver Nuggets built around Brown and Sam Hauser going to Denver in exchange for Jamal Murray and Cam Johnson. No formal agreement has been reported, but Brown remains one of the most frequently discussed names of the offseason.

8. Kawhi Leonard may be available on the trade market

Reports indicate Kawhi Leonard could become available in a trade this offseason, continuing speculation about a potential departure from the Los Angeles Clippers. While no specific framework has gained significant traction, Leonard’s situation remains one of the more closely watched storylines as teams assess the trade landscape heading into training camp.

9. Buddy Hield’s guaranteed salary seen as a potential trade precursor

The Atlanta Hawks’ decision to guarantee Buddy Hield’s 2026-27 salary has drawn attention from league insiders, with some suggesting the move could simply be a precursor to a future trade rather than a signal the team intends to keep him long-term. Hield’s career average of 2.9 three-pointers made per game ranks seventh all-time, and any team acquiring him would add one of the league’s more efficient floor-spacers to its rotation.

10. Charlotte continues reshaping its roster after Ball and Bridges moves

Following its trades of LaMelo Ball to Minnesota and Miles Bridges to Phoenix, Charlotte has re-signed guard Coby White and appears positioned to build more deliberately around Kon Knueppel, Brandon Miller and incoming rookie Christian Anderson. According to reporting from HoopsHype’s Michael Scotto, the Hornets could still explore additional moves, potentially including interest in adding a player like Jaylen Brown depending on how the broader trade market develops.

Beyond these 10 storylines, several other situations remain in motion. Denver has faced its own share of speculation after three consecutive earlier-than-expected playoff exits since its 2023 title, with questions swirling about the futures of Jamal Murray and Aaron Gordon, along with restricted free agent Peyton Watson. Free agent forward John Collins, following a reduced role with the Clippers last season, has drawn interest from at least three playoff teams, including the San Antonio Spurs, Orlando Magic and Philadelphia 76ers.

Meanwhile, James’ free agency decision continues to loom over much of the league’s remaining trade activity. As of Thursday, James had not announced a decision, and reports suggest one may not come for another week or more, a timeline that would already exceed the pace of his previous, widely covered free agency decisions in both 2008 and 2014. With Summer League now underway and several marquee names still unresolved, front offices across the league are expected to remain active in the trade market in the days ahead as they work to finalize rosters before training camps open later this year.

Shares of the condom maker rose to Rs 222 apiece on Friday. The stock has gained around 110% so far in 2026 and has surged about 900% over the past year. Over the longer term, Cupid shares have delivered returns of more than 8,600% in three years and around 8,800% in five years.

The company manufactures and supplies male and female condoms, water-based lubricant jelly and IVD kits. It operates a manufacturing facility in Sinnar near Nashik, about 200 km from Mumbai. It says it is the first company in the world to receive prequalification from the World Health Organisation and United Nations Population Fund for the supply of both male and female condoms.

Cupid Q1 business update

Cupid, at the end of June, said it is on track to report revenue exceeding Rs 150 crore in the first quarter of FY27, which it described as one of the strongest quarterly performances in its history. Aided by the strong start to the financial year and improved visibility across international and domestic markets, the company has also raised its FY27 revenue guidance.

The company now expects FY27 revenue to stand at more than Rs 660 crore, up from its earlier guidance of Rs 600 crore, implying an upward revision of at least 10%. Cupid said the revised outlook is backed by its diversified business model, an expanding global opportunity pipeline and increasing operating scale across multiple business verticals.

Cupid also continues to make steady progress in its In Vitro Diagnostics (IVD) business. While management’s near-term growth estimates for this segment remain conservative, it believes the business has the potential to become a meaningful contributor over the coming years, supported by regulatory approvals, new product launches, and continued commercialisation efforts, the company said.

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Also read: 10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers. Here’s FII and MF exposure

What Cupid’s management said

“Our strong start to FY27 reflects the transformation Cupid has undergone over the past few years. We have built a diversified business with multiple growth engines that are now beginning to scale together. We are seeing strong momentum across our international B2B business, supported by expanding opportunities in private markets, institutional procurement, and government tenders across the world. Our strategic relationship with PFSCM has commenced on a very encouraging note and further strengthens our long-term position in global healthcare procurement,” said Cupid Chairman and Managing Director Aditya Kumar Halwasiya.
He added that in the past twelve months, Cupid has significantly strengthened its male condom and female condom businesses through enhanced manufacturing capabilities, customer acquisition, and wider market reach. “At the same time, our lubricants portfolio continues to gain traction across both institutional and consumer segments. On the consumer side, we remain focused on building Cupid into a trusted mainstream personal care and wellness brand. We see significant long-term opportunities across modern trade, organised retail, and pharmacy channels as we continue to expand our presence across Bharat,” he further said.

What lies ahead for Cupid’s shares?

The stock remains in a robust Higher High–Higher Low (HH-HL) formation, indicating that the broader uptrend is intact, said Hitesh Tailor, Technical Research Analyst at Choice Broking. On the downside, he added that the Rs 177–185 zone is expected to act as an immediate support area, aligning closely with the 20-Day EMA and the recent breakout region. A stronger support is placed near Rs 155–160, coinciding with the 50-Day EMA. As long as the stock sustains above these crucial support levels, the overall trend is likely to remain positive, with the potential to retest Rs 225–230 in the near term. However, a decisive breach below the Rs 177–185 support zone could trigger further profit booking and lead to a short-term retracement towards the Rs 155–160 support region.

Also read: How to trade Cupid shares after a massive 40% rally in a month? 2 technical experts weigh in

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

NEW YORK — The Dow Jones Industrial Average rose more than 170 points Tuesday, closing at 52,526.17 as investors welcomed a mix of positive corporate earnings reports and indications of a resilient U.S. economy amid moderating inflation pressures. The benchmark index gained 177.78 points, or 0.34 percent, extending recent gains as broader market sentiment remained constructive.

The session highlighted continued strength in blue-chip names, with several major companies reporting results that met or exceeded expectations. Technology and financial sectors provided notable support, while energy and industrial shares showed selective gains tied to commodity prices and infrastructure spending outlooks. The advance came as traders assessed the Federal Reserve’s likely path on interest rates and weighed risks from global trade developments.

Major averages finished higher overall, though gains were more modest in the S&P 500 and Nasdaq Composite, reflecting rotation between sectors. The performance underscored a market environment where selective buying in established companies coexists with caution around high-valuation growth stocks.

Analysts attributed the Dow’s resilience to its heavy weighting in value-oriented and cyclical names that benefit from steady growth and lower borrowing costs. Financial stocks rose on expectations of stable lending conditions, while industrials drew support from manufacturing data and infrastructure initiatives.

Corporate earnings remained a primary focus. Several Dow components posted solid quarterly results, with revenue beats and constructive guidance helping lift sentiment. Companies highlighted efficiency gains, resilient consumer demand in key categories and strategic investments in technology and expansion.

The broader economic picture provided a balanced backdrop. Recent inflation readings have shown progress toward the Federal Reserve’s 2 percent target, though officials continue to emphasize data-dependent decisions. Labor market indicators remain solid but not overheated, supporting the view of a soft landing scenario.

Bond yields moved modestly, with the 10-year Treasury note reflecting tempered expectations for aggressive rate cuts. Investors continue to price in one or two reductions later this year, contingent on incoming data. A stronger dollar provided some pressure on multinational earnings but was offset by domestic strength.

Sector rotation was evident as money flowed into areas perceived as undervalued or defensive. Consumer staples and healthcare offered stability, while technology shares were mixed amid ongoing debates about artificial intelligence spending returns and capital expenditure timelines.

Small-cap stocks, tracked by the Russell 2000, showed relative underperformance, highlighting the continued preference for larger, more established companies in uncertain times. However, some analysts see potential for small-caps to catch up if economic growth accelerates and borrowing costs ease further.

International developments also factored into trading. Trade negotiations and geopolitical updates influenced sentiment around supply chains and energy markets. The Dow’s multinational components navigated these crosscurrents, with selective strength in firms less exposed to tariff risks.

Looking ahead, the market calendar includes more earnings reports, retail sales data and housing figures. The Federal Reserve’s next policy meeting remains a focal point, with investors seeking clarity on the balance between inflation control and supporting growth.

Strategists note that while the Dow has posted solid year-to-date gains, volatility is likely to persist as the year progresses. Valuations remain elevated in some segments, making earnings delivery and guidance critical for sustaining momentum. Defensive positioning and diversification are recommended amid uncertainties.

Tuesday’s session saw solid trading volume, indicating engaged participation from both institutional and retail investors. Options activity suggested continued hedging around key events, with implied volatility measures remaining in moderate territory.

The performance caps a period of resilience for the Dow, which has weathered periodic pullbacks while climbing to new highs. Its composition of 30 large, established companies continues to appeal to investors seeking stability in a dynamic market environment.

As the trading week continues, focus will remain on corporate results and economic indicators. Companies yet to report are expected to provide further insight into consumer health, business investment and sector-specific trends. The interplay between earnings quality and macroeconomic signals will likely dictate near-term direction.

Market participants are also monitoring fiscal policy developments and their potential impact on growth and inflation. Infrastructure spending, tax considerations and regulatory changes could influence corporate planning and investor allocations in the months ahead.

Overall, Tuesday’s advance reinforces a narrative of cautious optimism. The U.S. economy has demonstrated durability, supporting corporate profitability even as challenges like geopolitical risks and selective sector pressures remain. The Dow’s performance serves as a reminder of the market’s capacity to find opportunities amid complexity.

Investors are advised to maintain balanced portfolios and focus on fundamentals rather than short-term noise. With earnings season in full swing, company-specific developments are expected to drive volatility, while macro themes provide the larger framework. The coming sessions will test whether recent gains can extend or if consolidation is in order.

England captain Harry Kane and Norway striker Erling Haaland will face off Saturday with a World Cup semifinal berth on the line, a matchup that revives a rivalry dating back to the summer of 2021, when Kane’s proposed move to Manchester City fell through just before Haaland arrived at the club and helped fire it to a historic treble.

At the time, Kane was Tottenham’s captain, still without a major trophy and seemingly having missed his opportunity for a bigger stage. Years later, the narrative has shifted considerably. Since joining Bayern Munich in 2023, Kane has won two Bundesliga titles and claimed the European Golden Shoe as the continent’s top scorer, while continuing to anchor England’s pursuit of its first major international trophy since 1966.

Any comparison between the two forwards inevitably begins with goals, the metric both players have built their reputations on. Kane has scored 85 goals for England since his international debut in March 2015, and he remains the central figure of Thomas Tuchel’s squad, delivering two goals against DR Congo in the Round of 32 and a composed penalty to eliminate co-host Mexico in the following round. He currently has six goals at this tournament. A World Cup quarterfinal also returns Kane to a setting that once marked one of the lowest points of his international career, when he missed a late penalty in England’s defeat to France at the 2022 tournament in Qatar. Saturday’s match also sees him overtake Wayne Rooney into outright second place on England’s all-time appearance list, trailing only Peter Shilton.

Haaland’s tournament output has been similarly prolific. He has scored the match-winning goal in each of his four appearances so far, having been rested for Norway’s final group match against France with qualification already secured, and delivered a two-goal performance against Brazil in the Round of 16 that got the better of his former Manchester City teammate Gabriel. His broader international scoring record borders on the extraordinary: Haaland has scored in 14 consecutive matches for Norway, totaling 27 goals over that stretch, and has 62 goals in 51 total appearances for his country, a scoring rate of roughly one goal every 71 minutes, a pace that outstrips comparable international records from fellow elite forwards including Kane, Kylian Mbappe and Lionel Messi, even accounting for the fact that those players have accumulated far more minutes at senior international level.

Beyond raw scoring totals, the comparison becomes more nuanced when examining each player’s broader contribution to their team’s overall attacking play. In this tournament, Kane has recorded a single assist, setting up Jude Bellingham against Mexico, and his tendency to drop into deeper positions has fed a perception that he contributes more to overall team play than Haaland. The underlying data offers a more complicated picture. Haaland has actually recorded 24 assists across three seasons for Manchester City in Premier League and European competition, compared with 26 for Kane at Bayern Munich over a similar span, and Haaland provided more assists than Kane during the 2024-25 season specifically. At this World Cup, Haaland has also created more scoring chances for teammates than Kane, six compared with four, despite playing nearly 100 fewer minutes across the tournament.

Club-level statistics do lend support to the broader impression that Kane involves himself more heavily in overall buildup play. Last season for Bayern Munich, Kane averaged nearly double the number of touches per game compared with Haaland’s figures at Manchester City, created roughly twice as many chances per 90 minutes, and averaged two dribbles per match compared with roughly one for Haaland. Touch maps from both players reinforce that pattern, showing Haaland’s involvement concentrated far more heavily inside the opposing penalty area, while Kane’s touches are spread more broadly across the pitch.

Statistical analysis of each team’s reliance on its respective forward also reveals a notable contrast. Both England and Norway win a large share of matches when their star forward scores, an unsurprising trend given each player’s importance. But Norway’s win percentage drops dramatically in matches where Haaland fails to find the net, with the team winning less than a third of such contests, a pattern reflected in Norway’s 4-1 loss to France in the group match Haaland missed. England, by comparison, has been better supported in matches without a Kane goal, aided significantly by Bellingham, who has scored four goals of his own at this tournament, including decisive strikes against Panama and Mexico.

Pundits covering the tournament have offered strong praise for both players following their respective standout performances. Former England goalkeeper Joe Hart described Haaland as “an absolute monster” following Norway’s win over Brazil, crediting the Norwegian’s composure and evident enjoyment throughout the tournament. Former England captain Wayne Rooney offered similar praise for both forwards, crediting Haaland with instilling belief throughout Norway’s squad, while separately describing Kane’s finish against DR Congo as instinctive, the kind of effortless finishing associated with elite center-forwards throughout the sport’s history.

Kane and Haaland have met on the pitch only twice previously, both meetings coming within a three-week span in early 2023. Haaland’s Manchester City claimed the first encounter, coming from two goals down to win 4-2 at the Etihad Stadium. Kane responded shortly afterward, scoring the only goal in a 1-0 Tottenham win that also made him the club’s all-time leading scorer.

With a World Cup semifinal berth now on the line Saturday, the rivalry between the two forwards enters its most consequential chapter yet, a contest that will test not only their individual scoring instincts but the broader supporting casts each has relied on throughout a tournament that has already showcased both players operating near the peak of their considerable powers.

President Donald Trump is returning from the annual NATO summit in Turkey having secured several deals involving allies investing in U.S. defense companies and moving to expand production in Europe.

The White House on Thursday released a fact sheet outlining $3 billion in deals and joint ventures involving U.S. defense companies and America’s European allies that will boost the defense industrial base on both sides of the Atlantic. It comes amid the Trump administration’s push for NATO members to increase spending on defense.

The announcement noted that Lockheed Martin will work to establish a Patriot Advanced Capability-3 (PAC-3) missile sustainment facility in Europe, which would boost the NATO alliance’s air and missile defense capabilities.

Lockheed Martin said the commitment involves the U.S., Germany, the Netherlands, Poland and Sweden, adding that the facility would provide in-region maintenance and sustainment capabilities for the in-demand air defense missiles after Patriot interceptors have seen heavy use in Ukraine and the Middle East in recent years.

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Patriot missile systems play a key role in air and missile defense for the U.S. and NATO militaries. (U.S. Army/Sgt. 1st Class Christopher Smith/10th Army Air and Missile Defense Command/DVIDS / Fox News)

The company will also partner with German defense firm Rheinmetall to produce the Army Tactical Missile System (ATACMS), which has also been in high-demand after the U.S. provided the precision guided missile to Ukraine to use in its war with Russia.

Lockheed Martin said the co-production of the munitions through the joint venture in Germany will meet demand for locally produced weapons and strengthen NATO’s European members with production expected to begin as early as next year after the expansion of Rheinmetall’s Unterluess facility. 

Four NATO member countries signed a letter of interest in acquiring Northrop Grumman’s MQ-4C Triton aircraft, a maritime surveillance drone that’s similar to the RQ-4D Phoenix variant of the Global Hawk drone that NATO operates in Italy.

The MQ-4C Triton is a maritime surveillance drone. (US Navy/LT Alex Delgado/DVIDS / Fox News)

TRUMP WEIGHS SALES TO UKRAINE OF RAYTHEON’S TOMAHAWK MISSILES: WHAT TO KNOW

RTX, formerly known as Raytheon, will work with the U.S. Department of War on a feasibility study to expand production of its Advanced Medium-Range Air-to-Air (AMRAAM) missile in Europe.

The company’s announcement noted that the AMRAAM has been used by more than 40 countries, and production in Europe would make supply chains more resilient.

The AMRAAM is a popular air-to-air missile. (U.S. Air Force/Airman 1st Class Reagan Hardy/DVIDS / Fox News)

RTX will also work with European companies, including German manufacturer Diehl Defence and Dutch suppliers, toward the goal of doubling production of Stinger missiles, a shoulder-fired surface-to-air missile system in use by 24 countries, including 10 NATO members, the company said.

CBO ESTIMATES TRUMP’S GOLDEN DOME MISSILE DEFENSE SYSTEM COULD COST $1.2T OVER 20 YEARS

Production of Stinger man-portable air defense systems would double under RTX’s deal. (U.S. Army/Staff Sgt. John Yountz/173rd Airborne Brigade/DVIDS / Fox News)

The White House’s announcement also noted that aerospace and defense giant Boeing will work with Rheinmetall-Italy on a potential partnership to expand production and sustainment for Boeing’s Small Diameter Bomb for Europe.

Additionally, Anduril will partner with Polish defense company PGZ on producing surface-launched Barracuda-500M cruise missiles in Bydgoszcz, Poland. Anduril and PGZ aim to increase the localization of the supply chain over time to make the Polish Barracuda with a majority of European components.

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The Barracuda-500M is designed to serve as a long-range precision missile that can go through mass production at a lower cost than traditional precision strike weapons. The U.S. Department of War announced a framework agreement earlier this year to rapidly scale production of the surface-launched Barracuda.

By Paul Robertson | Gavin Romm, CFA | Mark Gleason, CFA

A weekly tax-loss harvesting cadence may be a more efficient way to manage taxes.

For investors using direct-indexed equity strategies, tax-loss harvesting becomes a major