Technology

RTX’s Raytheon awarded seven-year contract for Tomahawk cruise missiles

Published

6 minutes ago

August 17, 2026

Contract accelerates production of critical precision-strike weapon

TUCSON, Ariz., Aug. 17, 2026 /PRNewswire/ — Raytheon, an RTX (NYSE: RTX) business, will dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period under the terms of an unprecedented $22.9 billion contract, awarded as part of the Department of War’s Arsenal of Freedom.

This contract follows the landmark agreements between Raytheon and the Department of War and supports the annual production ramp to more than 1,000 Tomahawk missiles and associated support, ensuring a stable, predictable supply for the Navy and allies.

“Tomahawk is the Navy’s most important strike weapon, able to target hostile forces hundreds of miles away without ever risking the lives of our sailors,” said Raytheon President Phil Jasper. “We are making significant investments in our workforce, technology, supply chain and facilities to dramatically boost production capacity and meet surging demand.”

RTX has invested heavily in recent years to ramp production of Tomahawk and other critical munitions, delivering three times more Tomahawks in the first half of 2026 compared to the first half of 2025. With this contract, RTX will increase capacity and collaborate closely with hundreds of small and mid-sized suppliers nationwide to rapidly scale output to meet long-term needs.

Tomahawk cruise missiles remain one of the U.S. military’s most proven and versatile long range strike capabilities. With a decades‑long record of operational performance, Tomahawk provides military leaders with reliable, flexible options against high value targets from a variety of launch platforms.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

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SOURCE RTX

Technology

MILLER VALUE PARTNERS APPRECIATION ETF (TICKER: MVPA) TO TRANSFER PRIMARY LISTING TO THE NEW YORK STOCK EXCHANGE

Published

6 minutes ago

August 17, 2026

Ticker symbol MVPA will remain unchanged; no shareholder action required.

SARASOTA, Fla., Aug. 17, 2026 /PRNewswire/ — Miller Value Partners, LLC, investment adviser to the Miller Value Partners Appreciation ETF (the “Fund”) (ticker: MVPA), today announced that the Fund will transfer its primary listing from NYSE Arca, Inc. to the New York Stock Exchange, effective September 1, 2026.

The Fund’s ticker symbol, MVPA, will remain unchanged. The transfer is not expected to interrupt trading in the Fund’s shares, and shareholders are not required to take any action.

The New York Stock Exchange’s floor-based Designated Market Maker structure is expected to provide enhanced secondary-market support for the Fund, including greater market depth, tighter and more resilient quoted markets, and support for orderly trading.

The transfer will not result in any additional expense to the Fund or its shareholders. Miller Value Partners will bear the additional costs associated with the listing arrangement for the benefit of shareholders, particularly investors buying and selling Fund shares in the secondary market.

The transfer will not affect the Fund’s investment objective, investment strategy, portfolio management, holdings, or ticker symbol.

About Miller Value Partners Appreciation ETF

The Miller Value Partners Appreciation ETF, ticker MVPA, is an actively managed exchange-traded fund that seeks capital appreciation. Additional information is available at www.millervaluefunds.com.

About Miller Value Partners
Miller Value Partners, LLC was founded in 1999 by Bill Miller. Bill Miller IV, CFA, CMT serves as Chief Investment Officer and Chairman for Miller Value Partners. The Firm’s long- term, value-driven investment approach produces flexible strategies with high active share. Miller Value Partners is headquartered in Sarasota, Florida.

Investors should consider the Fund’s investment objective, risks, charges and expenses carefully before investing. The Fund’s prospectus and summary prospectus contain this and other important information and are available at www.millervaluefunds.com or by calling 888-593-5110. Please read the prospectus or summary prospectus carefully before investing.

Investing involves risk, including the possible loss of principal. Shares of the Fund are bought and sold at market price, which may be higher or lower than the Fund’s net asset value, and are not individually redeemed from the Fund.

The Miller Value Partners Appreciation ETF is distributed by Quasar Distributors, LLC.

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SOURCE Miller Value Partners LLC

Technology

DuraFast Label Company Launches Seiko SLP850 2″ Thermal Printer with Free Label Promotion

Published

6 minutes ago

August 17, 2026

DuraFast Label Company announces the Seiko SLP850 2-inch direct thermal label printer, now available in the United States and Canada for $189.99 USD. The first Seiko Smart Label printer to support both die-cut and linerless media, the SLP850 replaces the discontinued SLP650. Customers receive 5 free label rolls with every printer purchase.

LOS ANGELES and NEW YORK and TORONTO, Aug. 15, 2026 /PRNewswire/ — DuraFast Label Company today announced the immediate availability of the new Seiko SLP850 2-inch direct thermal label printer, now shipping to customers across the United States and Canada. Priced at $189.99 USD, the SLP850 is the first printer in Seiko’s popular Smart Label series to support both traditional die-cut labels and advanced linerless label media, giving businesses greater flexibility while reducing material waste.

The Seiko SLP850 replaces the discontinued SLP650 and SLP650SE models, delivering the same reliable 300 dpi print quality in a compact desktop footprint while adding modern connectivity and expanded media handling. The printer is offered in three configurations to suit different workflow needs: USB, USB/Serial, and USB/Bluetooth. All models feature direct thermal technology, eliminating the need for ink, toner, or ribbons, and are compatible with Windows and Mac operating systems.

“We are thrilled to bring the Seiko SLP850 to the North American market,” said a spokesperson for DuraFast Label Company. “With its ability to print both die-cut and linerless labels, the SLP850 addresses a real need for businesses looking to streamline their labeling operations. At under $190, combined with our five free roll promotion, this is one of the best values available in desktop thermal printing today.”

To celebrate the launch, DuraFast Label Company is offering an exclusive promotion: customers who purchase any Seiko SLP850 printer will receive five free rolls of Seiko SLP labels from a specially selected group of compatible media. Buyers may choose any combination of five rolls—including address labels, shipping labels, file folder labels, name badge labels, and colored address labels—at no additional charge.

To buy the Seiko SLP850 in the United States, visit DuraFastLabel.com and see all the promotion details and the complete selection of Seiko SLP850 labels available in the USA, including the new SLP850 linerless labels.

To buy the Seiko SLP850 in Canada, visit DuraFastLabel.ca and see all the promotion details and the complete selection of Seiko SLP850 labels available for sale in Canada, including the SLP850 linerless labels.

About DuraFast Label Company

DuraFast Label Company is a leading supplier of thermal label printers, barcode equipment, and label media serving businesses across the United States and Canada. With extensive inventories of desktop and industrial printers, ribbons, and custom labels, DuraFast Label Company provides complete labeling solutions for retail, logistics, healthcare, manufacturing, and office environments.

Contact:
Basat Khalifa
***@durafastlabel.com

Photos:
https://www.prlog.org/13164853

Press release distributed by PRLog

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SOURCE DuraFast Label Company

Technology

Introducing Nearmap Labs: A Window into the Future of Property Intelligence

Published

6 minutes ago

August 17, 2026

Public innovation hub provides early access to emerging Nearmap technologies, proprietary research, and technical breakthroughs shaping what’s next for the industry.

SALT LAKE CITY, Aug. 17, 2026 /PRNewswire/ –Nearmap, the leading global property intelligence company, today announced the launch of Nearmap Labs, a new public innovation hub giving customers, partners, developers, and industry leaders an early look at the technologies and research Nearmap is exploring to advance property intelligence.

Nearmap Labs opens the door to innovation happening beyond the current product roadmap, featuring experimental technologies, proprietary research, technical demonstrations, and opportunities for customers to participate in early access programs and provide feedback. The platform will evolve continuously as new explorations, research, and breakthroughs emerge.

As organizations increasingly rely on property intelligence to support decisions across insurance, government, architecture, engineering, construction and operations (AECO), and commercial real estate, Nearmap Labs creates a dedicated destination to explore how advances in artificial intelligence, computer vision, and geospatial analytics are transforming how properties are understood and managed.

“Innovation doesn’t begin the day a product launches; it starts years earlier through research, experimentation, and solving difficult technical problems,” said Andy Watt, Chief Executive Officer at Nearmap. “Nearmap Labs gives customers and the broader market visibility into the work happening behind the scenes, while creating opportunities to engage with emerging technologies that will help shape the future of property intelligence.”

Nearmap Labs launches with a growing collection of technology explorations, proprietary research, and technical demonstrations. Initial releases include advancements in AI-powered underwriting, computer vision, temporal reasoning, property analytics, and original research derived from the expansive Nearmap geospatial data and property intelligence platform.

“Our customers don’t simply want to know what Nearmap offers today—they want confidence we’re investing in what they’ll need tomorrow,” David Tobias, Chief Product Officer at Nearmap said. “Nearmap Labs reflects our long-term commitment to advancing property intelligence through meaningful innovation grounded in real-world customer challenges.”

Beyond technology exploration, Nearmap Labs serves as a foundation for future thought leadership, providing a public forum for proprietary research, technical publications, interactive demonstrations, and data-driven insights that help organizations better understand the built environment. By giving the market greater visibility into the ideas and technologies being developed today, Nearmap Labs reinforces the company’s long-term commitment to advancing property intelligence.

About Nearmap
Nearmap is a global property intelligence company redefining how organizations understand and act on the built environment. By owning the entire intelligence value chain—from high-recency geospatial capture powered by patented camera technology to accurate AI-derived analytics and guaranteed building materials data—Nearmap delivers a single, trusted source of truth for property decisions. Insurers, government agencies, and AECO organizations rely on Nearmap to transform property uncertainty into evidence, helping organizations move beyond fragmented data and manual processes with verified, frequently updated insight. These proprietary insights enable faster, more confident decisions across underwriting and claims, assessment and response, and planning and construction so teams can see truth, assess risk, and act with certainty. Founded in Australia in 2007, Nearmap stands as the definitive source of truth that shapes the livable world.

For more information, visit www.nearmap.com.

Media Contact
Taylor Cenicola
Taylor.cenicola@nearmap.com

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SOURCE Nearmap