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Archives :: Market Sectors :: Financial
Displaying 381 - 400 of 709 stories.
May 4, 2009
Alcatel-Lucent [ALU] signed two framework agreements worth $1.7 billion with China Mobile and China Telecom, Alcatel-Lucent announced. The deal will provide network upgrades, integration and maintenance services this year. As the leading operators in China...http://www.defensedaily.com/sectors/financial/China-Mobile-China-Telecom-and-Alcatel-Lucent-Sign-$1-7-Billion-Pact_6666.html May 4, 2009
The Army gave General Dynamics Corp. [GD] a $150 million contract-change deal to produce Hydra-70 rockets, warheads and motors. Deliveries are expected...http://www.defensedaily.com/sectors/financial/General-Dynamics-Gains-$150-Million-Army-Deal-For-Hydra-70-Rockets-Gear_6667.html May 4, 2009
NASA gave Northrop Grumman Corp. [NOC] a contract worth up to $44.5 million to provide an instrument that would fly on the long-delayed National Polar-orbiting Operational Environmental Satellite System, or NPOESS, C1 mission. The NASA facility, the Langley...http://www.defensedaily.com/sectors/financial/NASA-Gives-Northrop-CERES-Instrument-Contract-Worth-Up-To-$44-5-Million_6668.html May 4, 2009
The Army gave Raytheon Co. [RTN] a $9 million contract addition for Patriot missile maintenance and facilities, bringing the total contract to $45 million thus far, with room for further increases through next year, the company announced. The Army Aviation...http://www.defensedaily.com/sectors/financial/Raytheon-Gains-$9-Million-Contract-Change-For-Patriot-Missile-Maintenance-$45-Million-Total_6669.html May 4, 2009
Raytheon Co. [RTN] named a Turkish missile manufacturer as an international supplier of a key component of the Patriot Guidance Enhanced Missile- Tactical (GEM-T). Under the agreement, Roket Sanayii ve Ticaret A.S (Roketsan) of Ankara, Turkey, will...http://www.defensedaily.com/sectors/financial/Turkish-Company-To-Supply-Key-Component-For-Patriot-GEM-T_6670.html May 4, 2009
Lockheed Martin Corp. [LMT], the largest defense contractor receiving $34.2 billion in contracts in fiscal 2007, also led the pack in instances of misconduct, according to the Project on Government Oversight (POGO), a nonprofit non-government organization...http://www.defensedaily.com/sectors/financial/Lockheed-Leads-With-50-Allegations-Of-Misconduct-Since-1997-POGO_6672.html May 4, 2009
Aerojet, a GenCorp [GY] company, successfully completed the first series of vibration and altitude hot fire tests on the next-generation U.S. spaceship rocket engine. In the test, Aerojet checked the Orion crew module 160-pound-thrust mono-propellant rocket...http://www.defensedaily.com/sectors/financial/Aerojet-Finishes-Test-On-Orion-Spacecraft-Rocket_6673.html May 4, 2009
The Tracking and Data Relay Satellite system (TDRS) K-L program completed its system-level preliminary design review, The Boeing Co. [BA] announced. Boeing is moving toward integrations of the TDRS K satellite for NASA. The five-day review was held in El...http://www.defensedaily.com/sectors/financial/Tracking-And-Data-Relay-Satellite-System-Completes-Preliminary-Design-Review_6675.html May 4, 2009
Missile Defense Agency (MDA) and contractor employees were given MDA awards for their performance in helping develop the Airborne Laser missile defense system. ABL is being created by The Boeing Co. [BA], the prime contractor contributing the heavily modified...http://www.defensedaily.com/sectors/financial/Airborne-Laser-Program-Leaders-Given-Missile-Defense-Agency-Awards_6676.html May 4, 2009
GHL Acquisition Corp. will pay 15 percent less than earlier agreed to buy Iridium Holdings LLC, a major satellite...http://www.defensedaily.com/sectors/financial/GHL-Gains-A-15-Percent-Drop-In-Price-It-Will-Pay-For-Taking-Over-Iridium-Holdings-LLC_6681.html May 1, 2009
By Calvin Biesecker CACI International [CAI] this week reported solid third quarter financials that were a record for sales and earnings although growth rates slowed after a strong first half to its fiscal year. Net income rose 5 percent to $23.4 million, 77...http://www.defensedaily.com/sectors/financial/CACI-Turns-In-Record-Financial-Results-In-Third-Quarter_6630.html May 1, 2009
Oshkosh Truck Corp. [OSK] yesterday swung to a net operating loss in its second quarter due to the ongoing global recession despite a strong performance from the company's military truck business. Operating losses were $17.7 million versus operating income of...http://www.defensedaily.com/sectors/financial/Strong-Defense-Results-Cant-Offset-Commercial-Woes-At-Oshkosh_6631.html April 30, 2009
By Calvin Biesecker Shrugging off weakness in the business jet market, General Dynamics [GD] yesterday posted higher earnings and sales in the first quarter driven by its defense businesses. In March, citing worsening demand, GD reduced its planned production...http://www.defensedaily.com/sectors/financial/Defense-Work-Leads-To-Solid-First-Quarter-At-GD_6613.html April 29, 2009
Rockwell Collins [COL] yesterday reported slight declines in net income and sales in its second quarter stemming from a roughed up global commercial aviation sector, which led the company to reduce its financial outlook for the fiscal year. Net income dipped...http://www.defensedaily.com/sectors/financial/Rockwell-Collins-Sales-Earnings-Slip-On-Commercial-Woes_6609.html April 27, 2009
Lieberman, Other Lawmakers, Write Bill To Bar Refined Product Sales To Iran, Pushing Tehran To Abandon Nukes Military Strike On Iranian Nuclear Facilities Must Remain An Option, Though Not Preferred: Lieberman Continued Iranian intransigence, flouting global...http://www.defensedaily.com/sectors/financial/Iranian-Threat-Proves-Need-For-European-Missile-Defense-Sen-Lieberman-Says_6552.html April 27, 2009
The Boeing Co. [BA] saw its network and space systems unit advance operating margin profit by 7.7 percent, but lower earnings from the United Launch Alliance joint venture with Lockheed Martin Corp. [LMT] dulled the performance, Boeing announced. The company...http://www.defensedaily.com/sectors/financial/Boeing-Unit-Advances-But-Earnings-From-United-Launch-Alliance-A-Drag_6568.html April 27, 2009
The payload for the Space Based Infrared System (SBIRS) missile warning system has been delivered. Northrop Grumman Corp. [NOC], a subcontractor, delivered the payload to prime contractor Lockheed Martin Corp. [LMT] for integration into the spacecraft and...http://www.defensedaily.com/sectors/financial/Space-Based-Infrared-Payload-Delivered_6569.html April 24, 2009
By Calvin Biesecker Raytheon [RTN] yesterday reported strong first quarter earnings and sales driven by double-digit income gains at five of its six business segments and the company raised its financial expectations for the year. Net income increased 14...http://www.defensedaily.com/sectors/financial/Raytheon-Posts-Strong-First-Quarters-Boosts-2009-Guidance_6540.html April 20, 2009
NASA Safety Panel Seeks No Change In Half-Decade NASA Space Flight Gap Despite Concerns About Soyuz Safety NASA needs stability in its policy, goals and requisite funding if the largest space agency on the planet is to be able to properly execute its many...http://www.defensedaily.com/sectors/financial/NASA-Needs-Stable-Funding-Policy-Goals-New-Report-Issued-As-Obama-Prepares-Next-NASA-Budget-Proposal-For-Congress_6485.html April 20, 2009
Secretary of Defense Robert Gates denied he killed the Airborne Laser (ABL) and Ground-based Midcourse Defense (GMD) interceptor rocket programs, when he unveiled his budget proposal for President Obama to review and consider. The Gates proposal drew dismay...http://www.defensedaily.com/sectors/financial/Gates-Asserts-His-Budget-Plan-Doesnt-Kill-Airborne-Laser-Ground-based-Midcourse-Defense-System-By-Barring-Further-Purchases_6490.html
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