L-3 Communications [LLL] this week introduced its financial guidance for 2008, saying its net earnings will grow faster than the company's organic sales. Earnings per share (EPS) in 2008 are expected to be between $6.41 and $6.55, representing about 10 percent growth over the company's expectations for 2007. Organic sales are expected to grow by about 3 percent next year, down from about 8 percent forecast for 2007. The guidance has upside if L-3 receives further extensions to its linguist…
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HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs
The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]
Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG
The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]
Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says
As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]
HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform
The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]
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