Macro Gekko 🦎

$TSLA Recently announced the new AI5 chip. AI4 can already handle FSD, rather the AI5 chip is meant to be used for super computers and the Optimus platform.

$RTX Another one. Pratt & Whitney engines are to power Northrop Grumman $NOC YFQ-48A Talon Blue Autonomous wingman. Engines from the PW500 family will power the propulsion for the YFQ-48A Talon Blue.

$RKLB Just acquired Mynaric 👀 Mynaric makes laser communication terminals. They enable high speed, secure wireless data transmission between satellites, aircraft, and the ground.

$RTX Lots of news this morning. Collins Aerospace, Raytheon, and Blue Canyon Technologies are all RTX businesses. - Collins Aerospace and Air Canada Unveil Aurora Suites and Economy Seats Across the Carrier's A321XLR Fleet. Collins Aerospace announced that Air Canada’s upcoming fleet of Airbus A321XLR aircraft will be fully equipped with Collins seating solutions designed to enhance passenger comfort and cabin integration. Each aircraft will feature 14 premium Aurora business-class suites at the front and 168 Meridian+ seats in the main cabin. The lie-flat Aurora suites, unveiled at the Aircraft Interiors Expo in Hamburg, were co-designed by Air Canada, Collins, and Acumen. These suites emphasize both privacy and social space, incorporating warm lighting and upscale materials such as wood, stone, and bronze. - Raytheon to deliver Patriot interceptors to Ukraine. Raytheon announced that it has secured a $3.7 billion contract to deliver Patriot GEM-T interceptors to Ukraine. A new GEM-T manufacturing facility in Schrobenhausen is expected to play a central role in fulfilling this order and other agreements. The plant, operated by COMLOG, a partnership between Raytheon and MBDA Deutschland, will strengthen supply chain resilience and help replenish Ukraine’s interceptor stockpile. Raytheon President Phil Jasper emphasized that the company is expanding production capacity to ensure a consistent and dependable supply of these proven interceptors for both the U.S. and allied nations. This effort includes increased internal investment, collaboration with partners, second-source suppliers, and a broader global supply network to meet rising demand. The Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-Tactical (GEM-T) interceptor is designed to counter a wide range of airborne threats, including tactical ballistic missiles. It serves as a key component of the Patriot air and missile defense system, which is used by 19 countries and has demonstrated effectiveness against nearly all types of aerial threats. - Blue Canyon Technologies expands reaction wheel production capacity. The company has committed over $1 million to boost its production capacity from 650 reaction wheels annually to 2,400, representing an increase of nearly 400%. Reaction wheels control a spacecraft’s orientation in orbit by using motor generated torque, eliminating the need for propulsion. Most small satellites rely on three to four of these devices to maintain proper positioning. Blue Canyon Technologies offers a range of 13 reaction wheel products with varying sizes and torque capabilities, suitable for everything from small CubeSats to spacecraft weighing 400 kilograms or more.

$NOC Northrop Grumman and the Air Force Accelerate the Sentinel Program. Sentinel started in 2020 with a $13.3B contract for Sentinel’s engineering and manufacturing development. In Q1 2025 Northrop announced a successful Stage 1 solid rocket motor static fire test. In Q2 2025 they announced that the Sentinel project restructure is more concrete and there was an agreement with the Air Force. In Q3 2025, Northrop said the Air Force had decided to create new silos rather than refurbishing Minuteman III silos and resuming silo design work. Also in Q3 2025, Northrop cited two milestones. Completion of the full scale qualification test of the Stage 2 solid rocket motor and completion of the design review for the Sentinel launch support system. Northrop also recorded a $76 million favorable EAC adjustment in Q2 2025. Funding out of 2025 and into 2026 is strong and a good foundation.