Tag: Defense

PLTM Weekly: We Play Defense (NYSEARCA:PLTM)

Welcome to Orchid’s Platinum Weekly report, in which we discuss platinum prices through the lenses of the GraniteShares Platinum Trust (NYSEARCA:PLTM).


PLTM has bottomed out at our 1-month low target of $8.15/share at the end of September, in part caused by a renewed sell-off in the dollar (DXY).

Source: Bloomberg, Orchid Research

That said, platinum remains below its month-ago level, like its complex with the exception of palladium.

Source: Bloomberg, Orchid Research

In the short term, we remain cautious because we do not believe that a bottom has been reached. While we think that the dollar should trade at a lower level over the next 12 months, there is a risk that the process of the US elections is chaotic, triggering some de-risking and a resulting appreciation in the dollar. In such a scenario, it is unclear whether platinum would sell off (platinum as a risk asset) or

Read More

LTG Eric J. Wesley Retires from U.S. Army and Joins Flyer Defense as Executive VP of Strategic Planning

LOS ANGELES, Oct. 6, 2020 /PRNewswire/ — Newly-retired Army Lt. Gen. Eric J. Wesley has joined Flyer Defense, LLC as the company’s Executive Vice President of Strategic Planning.

Wesley is transitioning from the U.S. Army as the Deputy Commanding General of Army Futures Command and the Director of the Futures and Concepts Center. In his role at Flyer, the retired three-star general will facilitate the development of the company’s future business plan and strategy, specifically supporting efforts with industry partners to shift focus to electrification and power generation.

“General Wesley will make an invaluable addition to the Flyer team and we are honored to welcome him on board,” said Flyer founder and CEO, Oded Nechushtan. “I am confident his years of expertise and unique experience will produce a strategic approach to Flyer’s future that will position us to serve the Army and allies of today and tomorrow.”

Read More

Palantir Is Next-Gen Data Growth Story, Not A Defense Contractor (NYSE:PLTR)

Palantir Technologies Inc. (NASDAQ: PLTR) is being mislabeled as a fancy defense contractor by the Bears; instead, it is a growth story for the next bull run that is starting to gain critical mass in selling software solutions for the data-driven world, after more than a decade of development.

We are Bullish on the name, own it in our portfolio and the stock was part of the recent weekly list of top ideas. The long-term thesis boils down to few key points, the company is a leader and one of the pure-plays on advanced data analytics software. Data is growing, data is getting complex, and the need for data intelligence is ubiquitous, among large enterprises today and medium-small enterprises down the road.

But the muted response to the stock so far suggests the enthusiasm hasn’t caught on yet. Yes, 25% higher than the reference price may be muted given the

Read More

Aerospace & Defense C-class Parts Market Share-Industry Analysis, Size, Growth, Trends, Top Key Players and Regional Forecast 2020-2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (Market Insight Reports) —
Selbyville, Delaware Market Study Report, has recently added a report on the ‘Aerospace & Defense C-class Parts market’ which presents substantial inputs about the market size, market share, regional trends, and profit projection of this business sphere. The report also enlightens users regarding the foremost challenges and existing growth tactics implemented by the leading organizations that constitute the dynamic competitive gamut of this industry.

Aerospace & Defense C-class Parts Market will exceed USD 14.4 billion by 2025.

Request Sample Copy of this report at: https://www.marketstudyreport.com/request-a-sample/2212523/?utm_source=Marketwatch&utm_medium=SHR

Asia Pacific will occupy a share of over 17% in the aerospace & defense C-class parts in the forecast period. This region occupies a major chunk of the global population, along with thriving middle-class income, which will trigger air traffic spending in the coming years.

Read More