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Zacks News
General Dynamics' Unit Wins $41M Contract from U.S. Navy
by Zacks Equity Research
General Dynamics Corp.'s (GD) business division, Ordnance and Tactical Systems, secured a modification contract worth $40.8 million.
Northrop (NOC) Wins Deal to Support MQ-4C Triton Production
by Zacks Equity Research
Considering the fact that North America dominates the global unmanned aerial vehicle (UAV) market, the increased defense budget spending is expected to unlock significantly higher opportunities for Northrop (NOC).
3 Defense Stocks to Gain from US-Saudi Arabia Arms Deal
by Zacks Equity Research
On May 20, Trump signed an arms deal worth $110 billion with Saudi Arabia. Consequently, defense stocks rallied on Monday, following the opening bell.
Lockheed Martin (LMT) Wins $55M Deal for CH-53K Aircraft
by Zacks Equity Research
Lockheed Martin Corp.'s (LMT) Sikorsky Aircraft Corp. has won a modification contract from the U.S. Navy to provide the long lead items in support of low-rate initial production of four Lot II CH-53K aircraft.
Boeing (BA) Wins $1.1B Deal for Kill Vehicle Development
by Zacks Equity Research
The Boeing Co. (BA) has won a modification contract from the Missile Defense Agency (MDA) to procure Redesigned Kill Vehicle (RKV) development.
Boeing-Lockheed JV Unit Secures $208M Contract from USAF
by Zacks Equity Research
United Launch Services, LLC ("ULS"), a subsidiary of United Launch Alliance ("ULA") - a Lockheed Martin Corp. (LMT) and The Boeing Co. (BA) JV -- has won a modification contract from the U.S. Air Force (USAF) for LVPS.
Lockheed Secures $137M Deal to Offer F-35s at Lower Rate
by Zacks Equity Research
Lockheed Martin's (LMT) F-35 Lightning II is a 5th Generation, single-seat, single-engine fighter jet.
Lockheed Wins $112M Deal to Offer System Support for THAAD
by Zacks Equity Research
Lockheed's (LMT) THAAD is the only missile defense system with the operational flexibility to intercept both within and outside the Earth's atmospheres, thus providing versatile capability to the warfighter.
Boeing/Lockheed JV Unit Secures $27M Contract for EELV
by Zacks Equity Research
United Launch Services, LLC, a subsidiary of United Launch Alliance -- a Lockheed Martin Corp. (LMT) and The Boeing Co. (BA) JV - has won a modification contract from the U.S. Air Force.
General Dynamics' Growth Prospects Marred by Intense Rivalry
by Zacks Equity Research
General Dynamics' (GD) diverse product portfolio, along with its spread-out customer base, provides it an opportunity to generate revenues from different sources.
Northrop Grumman Wins $304M Navy Deal for Triton Aircraft
by Zacks Equity Research
Northrop Grumman Corp.'s (NOC) unit, Northrop Grumman Systems Corp., has won a modification contract from the U.S. Navy to procure three low-rate initial production Lot 2 MQ-4C Triton unmanned aircraft.
Lockheed Martin Set to Overhaul UH-60 Helicopter Blades
by Zacks Equity Research
The purchase of the Sikorsky Aircraft by Lockheed (LMT), for $9 billion from United Technologies in Nov 2015, strengthened the former's position as the largest defense contractor in the U.S.
Lockheed Martin (LMT) Wins $25M Army Deal for PATRIOT System
by Zacks Equity Research
Lockheed Martin Corp. (LMT) has won a modification foreign military sales ("FMS") contract from the U.S. Army to redesign PATRIOT, PAC-3 and Missile Segment Enhancement (MSE) Aft Block I.
Boeing (BA) Secures $488M FMS Contract for UK from US Army
by Zacks Equity Research
The Boeing Co. (BA) has won a modification foreign military sales (FMS) contract from the U.S. Army for U.K.
Leidos Holdings (LDOS) Beats on Q1 Earnings, Keeps '17 View
by Zacks Equity Research
Leidos Holdings, Inc. (LDOS) posted first-quarter 2017 adjusted earnings of 88 cents per share, beating the Zacks Consensus Estimate of 78 cents by 12.8%.
Huntington Ingalls (HII) Misses Q1 Earnings, Sales Drop Y/Y
by Zacks Equity Research
Huntington Ingalls Industries, Inc. (HII) first-quarter 2017 adjusted earnings of $1.87 per share missed the Zacks Consensus Estimate of $2.72 by 31.3%
Spirit AeroSystems (SPR) Q1 Earnings Meet, Backlog Declines
by Zacks Equity Research
Spirit AeroSystems Holdings, Inc. (SPR) posted first-quarter 2017 adjusted earnings of $1.17 per share, in line with the Zacks Consensus Estimate.
Embraer (ERJ) Misses on Q1 Earnings, Revenues Decline Y/Y
by Zacks Equity Research
Embraer SA (ERJ) reported first-quarter 2017 adjusted earnings of 13 cents per American Depository Share (ADS) that missed the Zacks Consensus Estimate of 17 cents by 23.5%.
Defense Stocks' Q1 Earnings on May 4: HII, TDY & Others
by Zacks Equity Research
Five defense companies -- Huntington Ingalls Industries, Inc. (HII), Teledyne Technologies Inc. (TDY), Leidos Holdings, Inc. (LDOS), Orbital ATK, Inc. (OA) and Engility Holdings, Inc. (EGL) are expected to release quarterly results on May 4
The Zacks Analyst Blog Highlights: Caterpillar, AT&T, Lockheed Martin and DuPont
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Caterpillar, AT&T, Lockheed Martin and DuPont
Raytheon (RTN) Beats Q1 Earnings Estimates, Ups '17 View
by Zacks Equity Research
Raytheon Company (RTN) reported first-quarter 2017 adjusted earnings from continuing operations of $1.73 per share, beating the Zacks Consensus Estimate of $1.61 by 7.5%.
L3 Technologies (LLL) Tops Q1 Earnings, Raises '17 View
by Zacks Equity Research
L3 Technologies, Inc. (LLL) posted first-quarter 2017 earnings of $2.07 per share from continuing operations, beating the Zacks Consensus Estimate of $1.81 by 14.4%.
Defense Stock Roundup: TXT, HON, LMT and COL
by Zacks Equity Research
As far as the broader Aerospace sector is concerned, although the earnings growth projections are not very inspiring, 50% of the stocks that have released their quarterly numbers came up with an earnings beat as of Apr 21.
General Dynamics (GD) Beats on Q1 Earnings, Backlog Drops
by Zacks Equity Research
General Dynamics (GD) reported first-quarter 2017 earnings from continuing operations of $2.48 per share, beating the Zacks Consensus Estimate of $2.32 by 6.9%.
Boeing (BA) Beats on Q1 Earnings, Updates 2017 Guidance
by Zacks Equity Research
The Boeing Company (BA) reported adjusted earnings of $2.01 per share for first-quarter 2017, beating the Zacks Consensus Estimate of $1.91 by 5.2%.