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Zacks News
The Boeing Company is the largest constituent of the Dow Jones Industrial Average. The company’s premier jet aircraft along with varied defense products positions it as one of the largest defense contractors in the United States. Its customers include domestic and foreign airlines, the U.S. Department of Defense (DoD), the Department of Homeland Security, the National Aeronautics and Space Administration (NASA), other aerospace prime contractors, and certain U.S. government and commercial communications customers.
Boeing (BA) Wins Big Orders for Airplanes at Paris Air Show
by Zacks Equity Research
The Boeing Company (BA) nabbed a number of orders worth billions at the 2017 Paris Air Show for its commercial jets.
Boeing (BA) Shares Hit 52-Week High After 737 Max 10 Reveal
by Megan Sanks
At the Paris Air Show Monday, Boeing (BA) announced the launch of the 737 Max 10, a new model that will compete with the Airbus Group's (EADSY) extremely popular narrow-body passenger jet, the A321neo.
Textron (TXT) Wins $146.6M Aircraft Repair Order From Navy
by Zacks Equity Research
Textron Inc. (TXT) announced that its Bell segment has been awarded $146.6 million long-term repair order from Naval Supply Systems Command Weapon Systems Support.
L3 Technologies Clinches Commercial Contracts Worth $115M
by Zacks Equity Research
Apart from exploiting its legacy defense business that includes unmanned systems equipment and secure communication systems, L3 Technologies (LLL) also holds a strong ground in the commercial aviation space.
General Dynamics Wins $250M Deal for Prophet SIGNIT System
by Zacks Equity Research
General Dynamics Corp.'s (GD) Mission Systems business unit wins contract to modify, test, train and sustain the Prophet system.
Huntington Ingalls (HII) Wins $3B Navy Contract for LHA 8
by Zacks Equity Research
Huntington Ingalls Industries, Inc. (HII) has clinched a modification contract from the U.S. Navy to procure the detail, design, and construction of LHA Flight 1 Amphibious Assault Ship (LHA 8).
Defense Stock Roundup: James Mattis Favors Budget Hike, UTX Ups Dividend, BA & HRS Win Big
by Zacks Equity Research
With the International Paris Air Show set to take place this next week, defense biggies like Lockheed Martin and Boeing are gearing up to present their exclusive combat jets before traders as well as the public.
Stratasys (SSYS) Seals 3D Printing Deal with Boom Supersonic
by Zacks Equity Research
Stratasys Ltd. (SSYS) recently entered into a new three-year technical partnership with Boom Supersonic Inc.
Lockheed Martin (LMT) Secures $472M FMS Contract for GMLRS
by Zacks Equity Research
Lockheed Martin Corp.'s (LMT) business unit, Missile and Fire Control (MFC), has won a foreign military sales (FMS) contract from U.S. Army to produce 12th Lot of Guided Multiple Launch Rocket System (GMLRS).
Boeing to Lay Off 50 Defense Executives, Streamline Business
by Zacks Equity Research
Boeing (BA) has decided to lay off a handful of its executives this year. Also starting Jul 1, Boeing's Military Aircraft and Network & Space Systems segments will be broken down into four smaller units.
Goldman Sachs, Home Depot Lift Dow to New Highs
by Benjamin Rains
One day removed from the quick market correction--and after a two-day technology industry sell-off--the Dow Jones Industrial Average once again reached an all-time high. And obviously, some industry heavyweights were to thank.
Boeing (BA) Wins $8M Deal for Blackjack UAS from U.S. Navy
by Zacks Equity Research
Boeing's (BA) RQ-21A Blackjack system is a modular, versatile and multi-mission capable UAS that provides rapid transitions between land and maritime environments.
Lockheed Martin Unit Wins $108M Air Force Deal for ARTS-V2
by Zacks Equity Research
Lockheed Martin Corp.'s (LMT) business unit, Missiles and Fire Control (MFC), has won a contract from the U.S. Air Force for Advanced Radar Threat System Variant 2 (ARTS-V2).
20-Year Market Outlook for Jetliners: Airbus vs. Boeing
by Zacks Equity Research
Airbus recently raised the 20-year forecast for jetliner demand by 6% based on the growing need for the improvement of fuel-efficient single-aisle airliners.
Boeing Wins $411M FMS Deal to Supply 38 Apache Helicopters
by Zacks Equity Research
Boeing's (BA) Apache is a twin-engined army attack helicopter. Apart from its proven role in combat, this family of helicopters has also supported low-intensity and peacekeeping operations.
Defense Stock Roundup: Fresh U.S.-N.Korea Brawl Hits Stocks, BA, TXT and Others Win Big
by Zacks Equity Research
Weak performance on the bourses forced the Aerospace-Defense industry to remain under pressure in the last five trading sessions
Here's Why You Should Hold on to Stratasys (SSYS) Stock Now
by Zacks Equity Research
One stock that investors need to hold on to right now is Stratasys Ltd. (SSYS).
Textron (TXT) Unit Secures $475M Contract for MEUAS Services
by Zacks Equity Research
AAI Corporation, an operating unit of Textron Systems, a Textron Inc. (TXT) company, has won a contract from the U.S. Special Operations Command for the Mid-Endurance Unmanned Aircraft Systems.
Boeing's (BA) Unit Wins $475M Deal to Support MEUAS Program
by Zacks Equity Research
Boeing's (BA) Insitu provides high-performance, low-cost UAS used for ISR.
General Dynamics Wins $105M Deal to Serve USS Makin Island
by Zacks Equity Research
General Dynamics' (GD) NASSCO offers the only major ship-construction yard on the West Coast of the U.S. that is capable of maintaining or repairing any ocean-going vessel.
So, What Actually Is Tesla's Gigafactory?
by Madeleine Johnson
Since 2014, electric car maker Tesla Inc. (TSLA) has been constructing what they call a Gigafactory. But what, exactly, does that mean? What makes it different from a regular manufacturing plant?
3 Top Defense Stocks to Buy Now
by Madeleine Johnson
The defense industry has experienced quite the boom since President Trump took office, and as defense stocks and funds like the iShares U.S. Aerospace & Defense ETF (ITA) continue to gain this year, let's take a look at three top picks for your portfolio.
Lockheed Martin (LMT) Secures $42M Contract for TB-37 MFTA
by Zacks Equity Research
Lockheed Martin Corp.'s (LMT) business unit, Mission Systems and Training, has won a modification contract to implement options for manufacturing of TB-37 Multi-Function Towed Array (MFTA) production units.
Lockheed Martin (LMT) Secures $414M Contract for JASSM-ER
by Zacks Equity Research
Lockheed Martin Corp. (LMT) has won a contract from the U.S. Air Force for the production of the 15th lot of Joint Air-to-Surface Standoff Missile-Extended Range (JASSM-ER).
Northrop Grumman (NOC) Wins $244M Deal to Offer AESA Radars
by Zacks Equity Research
With respect to airborne fire control radars, Northrop (NOC) has been the sole supplier for both U.S. Air Force fighter platforms of the future: the F-22 Raptor and F-35 Lightening II.