ESP Espey Manufacturing & Electronics Corp.

$ESP great news for $ESP Anduril lands $2.9 billion Navy submarine shipyard contract days after Luckey joins Pentagon weapons group PUBLISHED TUE, OCT 6 20269:00 AM EDTUPDATED 2 HOURS AGO Anduril landed a $2.9 billion contract with the U.S. Navy to support submarine production. The company said it will build components for the Virginia-class submarine. Co-founder Palmer Luckey, Former House Speaker Newt Gingrich and SpaceX CEO Elon Musk were named to the Pentagon as advisors.

$ESP ESP Q4 FY2026 EARNINGS UPDATE The Results: Espey Mfg. & Electronics Corp. (ESP) delivered a strong Q4, with revenue jumping 40.4% YoY to $13.47M and net income rising 13.9% to $3.34M. EPS came in at $1.15, beating the $0.96 analyst estimate, while revenue missed the $14.80M consensus estimate. The Bigger Picture: FY2026 produced record revenue of $46.1M and net income of $11.2M. ESP enters FY2027 with a $134.9M backlog and management expecting revenue to exceed FY2026 levels, although the backlog declined from $139.7M last year. What I'm Watching: Strong profitability and defense-related demand remain positives, while customer concentration, backlog growth and the potential impact of increased investment in new programs remain important risks. ESP also recently announced a $0.75 special dividend plus its regular $0.25 quarterly dividend. Let's Invest Together, Bruthas and Sistas