The raised forecast is also above analysts’ average estimate of $3.90 billion, according to data compiled by LSEG.

Buried in Donald Trump’s “big, beautiful bill” was a provision that will give technology group Anduril an almost-guaranteed slice of the roughly $300bn earmarked to modernise the US’s military, ...

Major U.S. indices ended Monday in the green with the Dow Jones Industrial Average rising 1.3% higher at 44,173.64.