latest news in companies
BAE Systems Secures Major U.S. Military Contracts to Upgrade Defense Technologies
London, Thursday, 1 October 2026.
BAE Systems secured key U.S. defense contracts—including a $230.1 million combat vehicle order—while successfully testing new counter-drone capabilities in Scotland, solidifying its position in transatlantic military hardware.
JPMorgan Cuts Tesla Delivery Estimates as Key U.S. and China Markets Soften
New York, Thursday, 1 October 2026.
JPMorgan lowered Tesla’s third-quarter delivery forecast to 482,000 vehicles, warning of a year-over-year sales decline driven by dropping August registration numbers in both the United States and China.
Surmodics Buys Alta Biomed to Boost Advanced Medical Device Coatings
Eden Prairie, Thursday, 1 October 2026.
Surmodics has acquired Alta Biomed, expanding its medical coating portfolio with an FDA-cleared technology used for complex implants like brain-computer interfaces, while adding specialized blood-testing capabilities.
Schneider Electric Expects India Data Center Division to Outpace Global Business
New Delhi, Thursday, 1 October 2026.
Driven by rising artificial intelligence demands, Schneider Electric projects its Indian data center operations will outgrow all other corporate divisions. Intriguingly, India generates 20% of global data while housing only 3% of global capacity, offering significantly lower deployment costs.
