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Zacks News
General Dynamics Unit Wins $9M Deal for Support Services
by Zacks Equity Research
General Dynamics Corp.'s (GD) business division, Electric Boat Corp., secured a contract worth $9.3 million from the U.S. Navy to provide support services for Virginia-class program.
Huntington Ingalls Wins Navy Deal for USS George Washington
by Zacks Equity Research
Huntington Ingalls' (HII) unit, Newport News, has clinched a modification contract worth $9.7 million, to support the advance planning of the refuelling complex overhaul of USS George Washington.
Lockheed Martin Unit Wins $409M Contract for NGT-PAC Program
by Zacks Equity Research
Defense major Lockheed Martin Corp.'s (LMT) business unit, Aeronautics, recently secured a contract for Next Generation Thermal, Power, and Controls (NGT-PAC) program.
The Zacks Analyst Blog Highlights: Lockheed Martin, General Dynamics, Boeing, Northrop Grumman and Raytheon
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Lockheed Martin, General Dynamics, Boeing, Northrop Grumman and Raytheon
General Dynamics Wins $22M Deal to Modify AN/BYG-1 System
by Zacks Equity Research
Per the terms of the contract, General Dynamics (GD) will exercise options for technology insertion and advanced processing build software upgrade of the AN/BYG-1 weapons control system.
Huntington Ingalls (HII) Wins $218M Deal to Support LPD 29
by Zacks Equity Research
Huntington (HII) will procure long lead time material and advance construction activities to support LPD 29 - the 13th variant of the San Antonio (LPD 17) class of amphibious warships.
Huntington Ingalls (HII) Wins $219M Deal for USS Columbus
by Zacks Equity Research
Huntington Ingalls Industries, Inc.'s (HII) unit, Newport News, has clinched a modification contract from the U.S. Navy to exercise options for USS Columbus (SSN 762).
Lockheed Martin's Sikorsky Wins $3.8B Contract for Blackhawk
by Zacks Equity Research
Lockheed Martin Corp.'s (LMT) business unit, Sikorsky Aircraft, recently secured a contract for multi-year production of Black Hawk helicopters.
Boeing (BA) Wins $49M Navy Deal for F/A-18 Aircraft Support
by Zacks Equity Research
The Boeing Co. (BA) has won a modification contract to supply 54 F/A-18 retrofit kits to support engineering change proposal 6213R2, "Trailing Edge Flap Retrofit Redesign".
General Dynamics Wins $85M Deal to Aid Nuclear Submarines
by Zacks Equity Research
General Dynamics's (GD) business division, Electric Boat, secures modification contract for additional long-lead material in support of fiscal 2019 Virginia-class submarines.
General Dynamics Wins $203M Contract For Nuclear Submarines
by Zacks Equity Research
General Dynamics Corp.'s (GD) subsidiary, Electric Boat Corp., has been awarded a $203 million modification contract to increase the design support requirements for Columbia-class submarines.
Lockheed's Unit Wins $131M Navy Deal for A-RCI Services
by Zacks Equity Research
Lockheed's (LMT) A-RCI is an open-architecture sonar system that uses legacy sensors. It also replaces central processors with commercial off-the-shelf (COTS) computer technology and software, within submarines.
Defense Stock Roundup: LMT-Tata Group Tie Up for F-16, HII, GD, RTN Get Big Deals from Pentagon
by Zacks Equity Research
The Pentagon allocated ample funds to the U.S. defense stocks last week. As a result, the S&P 500 Aerospace & Defense (Industry) Index gained 1.3% in the trailing five trading sessions.
Boeing (BA) Wins Order for 125 737 MAX 8 Jets Worth $14B
by Zacks Equity Research
The Boeing Company (BA) has entered into an agreement for 125 737 MAX 8 airplanes.
Lockheed Wins Modification Deal for AEGIS Ballistic Missile
by Zacks Equity Research
Lockheed Martin's (LMT) AEGIS Ballistic Missile Defense (ABMD) is the naval component of the U.S. Missile Defense Agency's (MDA) Ballistic Missile Defense System (BMDS)
Lockheed Martin (LMT) Unit Wins $61M AEGIS Support Contract
by Zacks Equity Research
Lockheed Martin Corp.'s (LMT) Rotary and Mission Systems business division has won a modification contract to exercise options for providing support services for AEGIS program.
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).
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.
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.
General Dynamics Unit Wins $25M Nuclear Submarine Deal
by Zacks Equity Research
General Dynamics Corp.'s (GD) business division, Electric Boat Corp., secured a modification contract worth $25.1 million from the U.S. Navy to provide additional Long Lead Time Material (LLTM).
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).
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