| The International Maritime Organization (IMO) is expected to finalize and adopt mid-term greenhouse gas (GHG) reduction measures, including a potential global fuel standard and a market-based mechanism. | Q4 2026, with key intersessional working group meetings in September and November 2026, leading up to MEPC 85 (November 30 - December 3, 2026) and a resumed Second Extraordinary Session on December 4, 2026. | 2026-09-01 | 2026-12-31 | This regulatory catalyst will drive sustained demand for lifecycle services, including maintenance, repair, and upgrades, directly benefiting providers of marine aftermarket solutions, alternative fuel systems, and classification/compliance services across the theme. | Theme | theme_composer | 443060.KO, WRT1V.HE, BAB.LSE, 5E2.SI, KMAR.OL, RR.LSE, BVI.PA, ITRK.LSE, WAWI.OL | 9 | 0.007 | 1.18 | 0.92 | Regulatory/Policy | 1.35 | 1.0216 | 2026-09-02 | False | 2 | 1.6534 | 242.3217 | Theme composer | | | |
| The approval of the US Navy's Fiscal Year 2027 shipbuilding and sustainment budget is anticipated, which will allocate significant funding for naval forces and their ongoing support, modernization, and readiness services. | Q4 2026 - Q1 2027, following the budget request submitted in April 2026. | 2026-09-01 | 2027-03-31 | This government policy action directly impacts the backlog and revenue visibility for naval service providers, ensuring robust demand for through-life support and modernization for complex warships and submarines. | Theme | theme_composer | HII, BAB.LSE, RR.LSE | 3 | 0.0053 | 1.18 | 0.92 | Regulatory/Policy | 1.35 | 0.7798 | 2026-09-02 | False | 2 | 0.4408 | 64.6009 | Theme composer | | | |
| Babcock International Group is expected to finalize a new long-term Future Maritime Support Programme (FMSP) contract for nuclear submarine support, following a six-month bridging agreement that concludes at the end of September 2026. | Q3 2026 (by September 30, 2026). | 2026-07-18 | 2026-09-30 | This contract is vital for Babcock's Nuclear and Marine divisions, ensuring stable, high-value revenue and operational certainty for the UK's critical nuclear submarine fleet and its continuous at-sea deterrent. | Ticker | theme_composer | BAB.LSE | 1 | 0.0001 | 1.18 | 1.0 | | 1.0 | 0.0131 | 2026-09-02 | False | 1 | 0.0013 | 0.1476 | Theme composer | | | |
| ROMULUS unmanned surface vessel (MUSV) advances to US Navy's at-sea testing phase. | scheduled for September | 2026-09-09 | 2026-09-23 | This is a critical development milestone for HII's unmanned systems, a high-growth area for the Mission Technologies segment and a key part of the 'hybrid fleet' strategy. | Ticker | | | | | | | | | | | | | | | HII (ticker) | HII_b0531b72 | 2026-07-30 | earnings_transcript |
| Full-year 2026 revenue growth guidance of 3%–5% and adjusted EBITDA margin guidance of 15.5%–16.5%, including the impact of cost synergies as they are realized. | 2026 calendar year (FY2026) | 2026-01-01 | 2026-12-31 | Sets investor expectations for growth and profitability; beating or missing could influence valuation and sentiment, depending on synergy realization. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_53d42321 | 2025-11-12 | earnings_transcript |
| Cross-sell expansion into Canada leveraging NV5 capabilities and the 1,000-site retail digital blueprinting program and mining digital twin initiatives. | Canada expansion planned for 2026 | 2026-01-01 | 2026-12-31 | Geographic diversification and cross-selling opportunities could unlock incremental revenue and margin improvement, reducing North American concentration risk. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_26c9edda | 2025-11-12 | earnings_transcript |
| Sustained data center demand from hyperscalers, with layering of services (substation design, power delivery, fire/security, NDT) to increase revenue per MW and expansion into new geographies. | Ongoing in 2026 and beyond (data center momentum) | 2026-01-01 | 2026-12-31 | Data center growth is a key secular tailwind and could meaningfully tilt mix toward higher-margin services; progress here could drive bigger multiple expansion. | Theme | | | | | | | | | | | | | | | TIC (ticker) | TIC_d2dd5f05 | 2025-11-12 | earnings_transcript |
| Improvement in execution timing and visibility for the Geospatial segment's federal programs, following a prior federal funding lapse that affected timing of work. | as we progress through the year | 2026-03-13 | 2026-12-31 | Recovery in federal program execution and visibility could lead to more consistent project delivery and revenue recognition for the GEO segment, supporting overall company growth and mitigating previous delays. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_c660257d | 2026-03-12 | earnings_transcript |
| Realization of approximately $12.5 million (half of the $25 million target) in annualized cost synergies from the NV5 integration during 2026. | roughly half of the annualized cost savings to be realized during 2026 | 2026-03-13 | 2026-12-31 | Achieving these cost savings is essential for expanding adjusted EBITDA margins and demonstrating successful integration, directly impacting profitability and investor confidence in management's execution. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_b53893de | 2026-03-12 | earnings_transcript |
| Improved execution consistency and margin progression in the Inspection & Mitigation (I&M) segment resulting from operating model refinements, including reorganization and cost oversight. | in 2026 | 2026-03-13 | 2026-12-31 | Successful implementation of these changes is critical for stabilizing and improving the performance of the largest segment, which is vital for overall company growth and margin expansion, especially given recent softness. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_0a32894c | 2026-03-12 | earnings_transcript |
| TIC Solutions aims to achieve nearly $100 million in data center revenue, supported by contracted backlog and programmatic client engagements. | over the next 12 months | 2026-03-13 | 2027-03-12 | Reaching this revenue milestone would confirm strong, continued growth in a high-margin, strategic end market, validating the company's exposure to AI-driven demand and its ability to expand services. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_5ff098bb | 2026-03-12 | earnings_transcript |
| Potential opportunistic utilization of the newly authorized $200 million share repurchase program by the Board. | This week (authorization), opportunistically (use) | 2026-03-13 | 2027-03-12 | Share repurchases can signal management's confidence in the company's valuation and can be accretive to EPS, potentially boosting investor sentiment if executed effectively based on market conditions. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_d7e9fb85 | 2026-03-12 | earnings_transcript |
| Improvement in order intake for Wärtsilä's Energy Storage business. | next 12 months | 2026-02-05 | 2027-02-04 | Energy Storage order intake was a 'major challenge' in 2025, down 60%. An improvement would positively impact revenue, profitability, and investor sentiment, helping the business achieve its 3%-5% operating margin target. | Ticker | | | | | | | | | | | | | | | WRT1V.HE (ticker) | WRT1V.HE_8611c354 | 2026-02-04 | earnings_transcript |
| Signing and closing of the divestment of Wärtsilä's Water & Waste business unit. | during this year | 2026-01-01 | 2026-12-31 | This is the final step in Wärtsilä's Portfolio Business divestment strategy, aiming to further streamline the company and improve overall profitability and focus. | Ticker | | | | | | | | | | | | | | | WRT1V.HE (ticker) | WRT1V.HE_6c91fba7 | 2026-02-04 | earnings_transcript |
| Materialization of service agreements for Wärtsilä's data center power plant orders. | this year | 2026-01-01 | 2026-12-31 | Data centers offer strong potential for service business due to high uptime requirements. Securing these agreements would contribute significantly to Wärtsilä's recurring service revenue and profitability. | Ticker | | | | | | | | | | | | | | | WRT1V.HE (ticker) | WRT1V.HE_2b76ed44 | 2026-02-04 | earnings_transcript |
| Marine demand environment remaining similar to the strong comparison period. | coming 12 months | 2026-02-05 | 2027-02-04 | Sustained strong demand in core Marine segments (cruise, containerships, LNG bunkering vessels) would support continued high order intake and revenue for Wärtsilä's Marine business. | Ticker | | | | | | | | | | | | | | | WRT1V.HE (ticker) | WRT1V.HE_f87e06a5 | 2026-02-04 | earnings_transcript |
| Improved demand environment for Wärtsilä's Energy business, driven by data centers, balancing power, and baseload. | next 12 months | 2026-02-05 | 2027-02-04 | A better demand environment would lead to increased order intake and revenue for Wärtsilä's Energy business, especially given the strong underlying demand and capacity expansion plans. | Ticker | | | | | | | | | | | | | | | WRT1V.HE (ticker) | WRT1V.HE_d86c40b4 | 2026-02-04 | earnings_transcript |
| Impact of geopolitical uncertainty on the growth of Wärtsilä's Energy Storage business. | next 12 months | 2026-02-05 | 2027-02-04 | Geopolitical uncertainty is identified as a specific headwind that 'may affect the growth' of Energy Storage, potentially impacting order intake and overall business performance. | Ticker | | | | | | | | | | | | | | | WRT1V.HE (ticker) | WRT1V.HE_259a40f8 | 2026-02-04 | earnings_transcript |
| Delivery of the LPD 30 Harrisburg amphibious assault ship, following trials in Q3. | delivery towards the end of the year | 2026-10-01 | 2026-12-31 | This represents a significant revenue event for Ingalls Shipbuilding and demonstrates successful execution on amphibious programs. | Ticker | | | | | | | | | | | | | | | HII (ticker) | HII_05a52c09 | 2026-07-30 | earnings_transcript |
| Delivery of the SSN-800 Arkansas submarine. | later this year | 2026-10-01 | 2026-12-31 | This is a major revenue event and demonstrates HII's execution on critical nuclear submarine programs, impacting shipbuilding segment performance. | Ticker | | | | | | | | | | | | | | | HII (ticker) | HII_896a9465 | 2026-07-30 | earnings_transcript |
| Preliminary acceptance of the CVN 79 Kennedy aircraft carrier. | later this year | 2026-10-01 | 2026-12-31 | This is a significant step towards final ship delivery in 2027, impacting revenue recognition and demonstrating progress on a flagship program. | Ticker | | | | | | | | | | | | | | | HII (ticker) | HII_3794a1c6 | 2026-07-30 | earnings_transcript |
| Wärtsilä Oyj Abp is scheduled to release its Q3 2026 earnings, providing updates on order intake, profitability, and progress on its significant production capacity expansion. | October 27, 2026. | 2026-10-27 | 2026-10-27 | As a leading provider of marine lifecycle services, Wärtsilä's performance reflects broader trends in marine aftermarket, decarbonization, and energy transition, offering insights into the health of the theme. | Ticker | theme_composer | WRT1V.HE | 1 | 0.0003 | 1.18 | 1.05 | | 1.0 | 0.0372 | 2026-09-02 | False | 1 | 0.0034 | 0.4205 | Theme composer | | | |
| Incoming CEO Harry Holt to lay out strategic priorities and midterm growth opportunities. | in November when we do our half-year | 2026-11-01 | 2026-11-30 | This provides clarity on the company's future direction, investment areas, and potential for sustainable growth under new leadership, impacting investor sentiment. | Ticker | | | | | | | | | | | | | | | BAB.LSE (ticker) | BAB.LSE_553cc34b | 2026-06-22 | earnings_transcript |
| TIC Solutions expects to achieve the full $25 million annualized cost synergy run rate from the NV5 integration. | by mid-2027 | 2027-01-01 | 2027-06-30 | Reaching the full synergy target will significantly boost adjusted EBITDA and validate the financial benefits of the merger, supporting the company's long-term margin goals and overall valuation. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_4c286cc4 | 2026-03-12 | earnings_transcript |
| Commissioning of the 40% expanded main spare parts distribution center in Kampen, Netherlands. | by 2027 | 2027-01-01 | 2027-12-31 | This EUR 14 million investment supports the growth of Wärtsilä's service business by improving efficiency and supporting increased demand for spare parts, crucial for recurring revenue. | Ticker | | | | | | | | | | | | | | | WRT1V.HE (ticker) | WRT1V.HE_b4aa70e3 | 2026-02-04 | earnings_transcript |
| Realization of the raised $25 million cost synergies from the NV5 integration; full run-rate achieved. | Full cost synergies run-rate by mid-2027 | 2027-06-01 | 2027-06-30 | Should materially improve margins and cash generation, aiding deleveraging and long-term profitability. | Ticker | | | | | | | | | | | | | | | TIC (ticker) | TIC_017fbc8b | 2025-11-12 | earnings_transcript |
| Commissioning of the 35% expanded production capacity at Wärtsilä's Vaasa facility for Energy and Marine engines. | first quarter of 2028 | 2028-01-01 | 2028-03-31 | This EUR 140 million investment will increase Wärtsilä's industrial capacity, enabling it to meet growing demand in the Energy and Marine sectors and potentially increase revenue and market share. | Ticker | | | | | | | | | | | | | | | WRT1V.HE (ticker) | WRT1V.HE_e283986a | 2026-02-04 | earnings_transcript |
