Marine Products Corp

West Marine closes 59 stores in 23 states as part of Chapter 11 restructuring, with $1.075 million in retention bonuses paid to executives shortly before filing.

West Marine is closing 59 stores in 23 states amid Chapter 11 bankruptcy, having paid $1.075 million in executive bonuses just before filing. The company owes over $65 million to top vendors.

General Dynamics shares surged 10.9% after Q1 earnings and revenue topped estimates, driven by submarine and Gulfstream jet orders, lifting its 2026 outlook.

Redwire Corp's top shareholders filed to sell up to 5.18 million shares worth nearly $54 million over two days, following news of a $20 million Marine Corps drone order. The stock fell 7.84% Friday to $10.34.