MSP Recovery Announces Strategic Term Sheet Providing Prospective Liquidity and Working Capital Aimed at Driving Future Growth

SciTec, a subsidiary of Firefly Aerospace (Nasdaq: FLY), won a nearly $94 million U.S. Space Force contract to supply ground-based radar digitization for Space Systems Command in Colorado Springs. SciTec said the work will modernize radars via a common architecture and design. SciTec was absorbed into Firefly last year for $855 million.

Tyson Foods said it will close its Joslin, Illinois harvest plant and a Utah case-ready facility, and plans to sell a harvest facility in Pasco, Washington, citing U.S. cattle shortages. Tyson will anchor beef around Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas. JBS plans to shift Souderton, Pennsylvania to case-ready and invest $30 million. Analysts link closures to lower cattle prices and packer concentration.

Shareholder Doug Bond filed a class action against UWM Holdings in Michigan federal court, alleging securities fraud over disclosures about UWM’s interest rate derivatives hedge tied to its Two Harbors acquisition. The suit covers purchases from March 9 to Aug. 5, citing a $603.2 million derivatives loss and a $2.05 billion Oaktree cash infusion after a March revenue projection.

The Pentagon signed seven-year framework agreements with Boeing and RTX to expand production of Standard Missile-3 components for SM-3 Block IB and Block IIA, including avionics and ejector assemblies Boeing supplies to Raytheon. The deals aim to stabilize supply chains and expand munitions output. Separately, the Missile Defense Agency awarded Raytheon a $745 million contract for Block IIA interceptors.

BrainStorm Cell Therapeutics (OTCQB: BCLI) reported Q2 2026 results for the quarter ended June 30, 2026. It said it is preparing to start the Phase 3b ENDURANCE study of NurOwn in ALS under an FDA-agreed Special Protocol Assessment, planning about 200 patients. Cash was about $0.2M vs $1.03M a year earlier, with Q2 net loss about $3.9M. The company appointed Peter J. Pitts as Executive Chairman and raised about $400k in private placements.

A $116 million Coldcard hardware wallet exploit renewed scrutiny of self-custody as US spot Bitcoin ETFs saw about $1 billion in net inflows for the week, according to Bloomberg. Strategy CEO Phong Le said Strategy will resume Bitcoin accumulation later this year; Riot Platforms reported a 20-year $9 billion compute deal with Anthropic. Trump Media plans to revamp its crypto treasury after a $238 million Q2 net loss.