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northernnews.ca$HWM

Tale of the Tape: A New Mexico Tungsten Explorer Weighs In Before a Maiden Drill Program

Western Star Resources Inc. (WSR) plans a maiden drill program at its Eagle Point Tungsten Project in New Mexico, following positive drone survey results. Meanwhile, aerospace and defense companies Howmet Aerospace (HWM), HII (HII), Mercury Systems (MRCY), and Textron (TXT) reported strong Q3 2026 results and raised guidance. The Pentagon's contract clause restricts tungsten sourcing from certain countries, highlighting the strategic importance of domestic tungsten mining.

Original reporting
northernnews.ca
Published Nov 11, 2026, 12:51 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 11, 2026, 1:53 PM UTC. Informational, not investment advice.
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Tale of the Tape: A New Mexico Tungsten Explorer Weighs In Before a Maiden Drill Program — source image
Source · northernnews.ca
Decision brief

The 30-second read

$HWMBullishMed
01

Why it matters

Earnings beats and raised guidance across Howmet, HII, Mercury Systems, and Textron indicate robust demand in the defense sector, likely supporting stock prices in the short term.

02

Market read

Recent earnings and guidance upgrades across multiple defense firms suggest sector strength, offering short‑term trading opportunities.

03

What to watch

Potential supply-chain constraints for raw materials could temper upside.

Relevance 5/10Novelty 5/10Timing: today

Background

The article provides a side‑by‑side commentary on a New Mexico tungsten explorer and recent earnings results from four U.S. aerospace and defense companies.

Company-level read

Ticker impact

$HWMBullishHigh confidence
Context

Howmet Aerospace reported Q3 2026 revenue of $2.70 bn, up 29% YoY and gave FY 2027 revenue guidance of ~$11.5 bn.

Expected impact

likely upward pressure as market prices in strong revenue growth and higher guidance

Evidence & confidence

Revenue beat and guidance raise expectations for continued demand in aerospace and defense.

$HIIBullishHigh confidence
Context

HII posted Q3 2026 revenue of $3.5 bn, up 10.8% YoY, and raised its FY 2026 shipbuilding revenue guidance to $10.5‑$10.7 bn.

Expected impact

likely upward pressure from improved shipbuilding outlook

Evidence & confidence

Higher contract awards and raised guidance signal stronger future cash flow.

$MRCYBullishMedium confidence
Context

Mercury Systems reported Q1 FY 2027 revenue of $253 m, up from $225 m, and increased its FY 2027 outlook.

Expected impact

potential upside as investors price in higher defense electronics demand

Evidence & confidence

Backlog growth and strong bookings suggest sustained momentum.

$TXTBullishMedium confidence
Context

Textron posted Q3 2026 revenue of $3.8 bn, up 4% YoY, and lifted FY 2026 adjusted EPS guidance to $6.55‑$6.65.

Expected impact

likely upward pressure from higher earnings expectations

Evidence & confidence

Improved segment performance and contract approvals support earnings growth.

Market effects

Sector

Strong earnings across aerospace and defense suggest sector tailwinds.

Regional

U.S. defense manufacturers may see increased investor interest.

Global

Reinforces confidence in defense spending amid geopolitical tensions.

Counterpoint

What could challenge this read

Higher guidance may already be priced in; focus on margin pressure from rising input costs.

Key entities

  • company
    Howmet Aerospace

    Aerospace and defense components manufacturer.

  • company
    HII

    Largest U.S. shipbuilder.

  • company
    Mercury Systems

    Defense electronics provider.

  • company
    Textron

    Diversified aerospace and defense conglomerate.

Read at source← All news

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