Shlomo Zakai named CFO of T3 Defense

T3 Defense (DFNS) stock surged 64.3% in pre-market trading after Noble Financial upgraded it to Buy with a $30 price target. Trading was briefly halted due to volatility. Fugazi Research countered with a critical report questioning the company's financial health. T3's Rimon division reported record July 2026 revenue of $2.6M, with YTD sales at $5.25M, exceeding 2025's total.

T3 Defense (DFNS) shares rose 64.3% in pre-market trading after Noble Financial initiated a Buy rating and raised its price target to $30. This followed a bearish report from Fugazi Research, which questioned the company's financial performance and acquisition strategy. T3 Defense's Rimon subsidiary reported record monthly revenue of $2.6M in July 2026, up from $4.6M for all of 2025. The company operates in defense and aerospace technology markets.

T3 Defense (DFNS) reported $7.6M revenue for 1H 2026, up from zero a year earlier, but a net loss of $109.6M due to a $102.2M warrant revaluation. Total assets were $316M, liabilities $159.8M, and a stockholders' deficit of $19.7M. Management claims liquidity plans address going concern risks.

T3 Defense Inc. (DFNS) said it will file its Q2 2026 Form 10-Q after the due date, citing the geopolitical and security situation in Israel and the need for additional time to complete disclosures. For the quarter ended June 30, 2026, it expects about $3.996M revenue and an operating loss of about $81.43M, versus no revenue and operating income of about $3.019M in 2025.

T3 Defense Inc. (NASDAQ: DFNS) reported Q2 operational updates for wholly owned subsidiaries Rimon and Tiltan for the period ended July 31, 2026. Rimon posted $2.6M July revenue and about $5.25M YTD, with $2.1M backlog and guidance for 2026 revenue above $7.2M. Tiltan reported about $1.0M YTD revenue, $2.5M purchase orders, $1.5M backlog, and 2026 revenue guidance above $4.0M. DFNS shares rose 55.54% to $78.11.

T3 Defense (NASDAQ:DFNS) shares rose 55.54% to $78.11, according to Benzinga Pro. The move follows a 1-for-125 reverse stock split that reduced the public float from about 139.8M to about 1.12M shares to regain Nasdaq compliance. The company also cited delivery of a $1.1M defense lighting contract and a 60% stake in Project35 for counter-drone work.