Space & Missile Defense Report

Raytheon [RTN] is resuming work on the Navy’s next generation airborne jammer after it was suspended following a protest of the contract award to the firm, the company said on Jan. […]

Lockheed Martin [LMT] on Jan. 30 reported lower profits and sales in its first quarter driven by declines in defense spending and special charges. Net income tumbled 14 percent to $488 […]

Raytheon [RTN] on Jan. 30 reported higher net income in the fourth quarter due to the resolution of tax matters from discontinued operations although sales tumbled, as expected, amid challenges in […]

Buoyed by strong results in its commercial airplane and defense segments, Boeing [BA] on Jan. 29 posted higher sales and a double-digit increase in net income although it provided guidance for 2014 […]

Northrop Grumman [NOC] on Jan. 30 posted lower earnings and sales in its fourth quarter, although an aggressive stock repurchase program helped maintain healthy per share earnings. Net income fell 10 […]

Lockheed Martin [LMT] plans to receive the first Global Positioning System III (GPS III) satellite’s navigation payload this spring from payload developer Exelis [XLS] after originally forecasting delivery for early 2014. Lockheed Martin […]

United Launch Alliance (ULA) never let its exclusivity agreement with RD-180 engine provider RD AMROSS expire, according to company CEO Michael Gass, refuting a key allegation in Orbital Sciences’ [ORB] lawsuit against ULA. “We […]

Lockheed Martin [LMT] assembled its fifth Mobile User Objective System satellite faster than the previous four builds, getting the satellite into early testing 20 percent ahead of schedule, the company said […]

Lockheed Martin [LMT] said it successfully performed on Jan. 15 an Aegis Ashore missile defense exercise called “flight test tracking exercise No. 18,” which a company official said included multiple unitary […]