7 names are moving together; 86% are participating in the current session.
Observed member paths adjusted against SPY. Shading marks the latest observation window.
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| MRCY | Mercury Systems Inc | Industrials | +9.1% | 2/2 observed active sessions |
| KTOS | Kratos Defense & Security Solut | Industrials | +5.7% | 1/2 observed active sessions |
| DRS | Leonardo DRS, Inc. | Industrials | -0.5% | 2/2 observed active sessions |
| ESLT | Elbit Systems Ltd. | Industrials | +2.4% | 2/2 observed active sessions |
| HII | Huntington Ingalls Industries, | Industrials | -0.3% | Group member |
| AVAV | AeroVironment, Inc. | Industrials | +6.6% | 1/2 observed active sessions |
| KRMN | Karman Holdings Inc. | Industrials | +4.7% | 2/2 observed active sessions |
Cohort
7 namesParticipation
86% this sessionObserved history
2 daily buildsFiling coverage
6/7 membersdemand / volume affecting revenue
“In the future, we may be required to record write-downs of finished products and materials on-hand and/or additional charges for excess purchase commitments as a result of future changes in our sales forecasts or customer orders, which could have a negative impact on our business, financial condition, and results of operations.”
KTOS 10-K
credit / rates affecting interest expense
“The increase in other income (expense), net, of $10.9 million was primarily related to the reduction of interest expense from the payoff of the Term Loan A under our Credit Agreement on July 2, 2025, an increase in interest income on cash balances which increased following our June 27, 2025 public offering, and due to the receipt of a research and development tax related refund received by one of the Company’s international businesses during the year ended December 28, 2025.”
KTOS 10-K
demand / volume
“Due to the long-lead time for obtaining certain product components and the manufacturing cycles, we need to make forecasts of demand and commit significant resources towards manufacturing our products.”
KTOS 10-K
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
MRCYcustomer · Moving with the group now · 115 min observed
Filing receipt · LMT / MRCY
“Our top customers include Airbus, BAE Systems, Boeing, General Atomics, General Dynamics, L3Harris Technologies, Leonardo, Lockheed Martin Corporation, Northrop Grumman…”
MRCY · customer
MRCYcustomer · Not moving with the group now
Filing receipt · NOC / MRCY
“Our top customers include Airbus, BAE Systems, Boeing, General Atomics, General Dynamics, L3Harris Technologies, Leonardo, Lockheed Martin Corporation, Northrop Grumman…”
MRCY · customer
MRCYcustomer · Not moving with the group now
Filing receipt · GD / MRCY
“Our top customers include Airbus, BAE Systems, Boeing, General Atomics, General Dynamics, L3Harris Technologies, Leonardo, Lockheed Martin Corporation, Northrop Grumman…”
MRCY · customer
MRCYcustomer · Moving with the group now · 115 min observed
Filing receipt · BA / MRCY
“Our top customers include Airbus, BAE Systems, Boeing, General Atomics, General Dynamics, L3Harris Technologies, Leonardo, Lockheed Martin Corporation, Northrop Grumman…”
MRCY · customer
MRCYcustomer · Moving with the group now · 115 min observed
Filing receipt · LHX / MRCY
“Our top customers include Airbus, BAE Systems, Boeing, General Atomics, General Dynamics, L3Harris Technologies, Leonardo, Lockheed Martin Corporation, Northrop Grumman…”
MRCY · customer