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Market Sectors :: Financial
Displaying 1 - 20 of 69 stories.
May 9, 2008
By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported a strong end to its fiscal year 2008 led by growth in its civil ammunition, NASA, advanced weapons and composite structures businesses and lower corporate and pension expenses. The lower pension...http://www.defensedaily.com/sectors/financial/2613.html May 8, 2008
SRA International [SRX] on Tuesday reported higher third quarter earnings and sales driven primarily from acquisitions and the company reduced its revenue guidance for the year. Net income increased 20 percent to $18 million, 30 cents earnings per share (EPS)...http://www.defensedaily.com/sectors/financial/2595.html May 5, 2008
Moog [MOG.A] on Friday said it has acquired CSA Engineering, Inc., a small engineering firm that specializes in the design and supply of systems for vibration suppression, precision motion control and dynamic testing of structures for the space...http://www.defensedaily.com/sectors/financial/2558.html May 2, 2008
Oshkosh Corp. [OSK] yesterday reported higher net income and sales in its second quarter driven by demand for access equipment and military trucks, which more than offset weak performances in its emergency and commercial businesses. Net income increased 43 percent to...http://www.defensedaily.com/sectors/financial/2547.html May 2, 2008
By Calvin Biesecker CACI International [CAI] this week posted strong third quarter financial results led by growth in its defense and federal civilian work and the information technology and professional services said it is on track to achieve its longer-term...http://www.defensedaily.com/sectors/financial/2550.html May 1, 2008
By Calvin Biesecker Branching out into new product and customer areas, SRA International [SRX] yesterday said it has agreed to acquire Era Corp., a provider of surveillance and flight tracking products for military, security and airport operations with an...http://www.defensedaily.com/sectors/financial/2541.html April 29, 2008
General Dynamics' [GD] C4 Systems, yesterday announced its Massachusetts-based operations have achieved the Software Engineering Institute's (SEI) Capability Maturity Model Integration (CMMI) Level 5 rating--the highest rating attainable. The rating...http://www.defensedaily.com/sectors/financial/2486.html April 29, 2008
Lockheed Martin [LMT] yesterday announced it has entered into a definitive agreement to acquire Atlanta, Ga.-based Eagle Group International LLC. Eagle Group provides logistics, information technology, training and health care services to the Defense...http://www.defensedaily.com/sectors/financial/2490.html April 25, 2008
By Calvin Biesecker Raytheon [RTN] yesterday posted strong first quarter financial results driven by growth across each of its operating segments and lower expenses although the company left its guidance for the year intact. William Swanson, Raytheon's...http://www.defensedaily.com/sectors/financial/2467.html April 25, 2008
By Calvin Biesecker As expected, Northrop Grumman's [NOC] first quarter profits plunged due to a hefty charge at its shipbuilding operations yet the company still managed to beat analysts' expectations due to higher sales and improved performance. Earlier...http://www.defensedaily.com/sectors/financial/2468.html April 24, 2008
By Calvin Biesecker Driven by strong operating performance at its commercial aircraft and defense divisions combined with lower compensation and pension expenses, Boeing [BA] yesterday posted strong first quarter net income that hammered consensus estimates...http://www.defensedaily.com/sectors/financial/2451.html April 24, 2008
By Calvin Biesecker General Dynamics [GD] yesterday reported strong first quarter sales and earnings results led by its Combat Systems and Aerospace Segments, leading company CEO Nicholas Chabraja to signal that the company's previous financial forecast for...http://www.defensedaily.com/sectors/financial/2452.html April 23, 2008
By Calvin Biesecker Lockheed Martin [LMT] yesterday reported solid first quarter financial results with each of its operating segments posting higher earnings, led by strong performance in the Space Systems business. Operating profits in the Space Systems...http://www.defensedaily.com/sectors/financial/2444.html April 22, 2008
SAIC [SAI] yesterday said it has completed its acquisition of military training firm Icon Systems, Inc., in a deal that strengthens its position in the live training environment...http://www.defensedaily.com/sectors/financial/2431.html April 21, 2008
Are Private Space Transport Firms Today Where Microsoft Was When It Sold Stock In 1985? Broader, Established Space Transport Industry Sees Revenues, Profits Soar More Than 40 Percent Over Two Years, According To FAA Report The nascent private commercial space...http://www.defensedaily.com/sectors/financial/2419.html April 21, 2008
The federal government needs to step up to the challenge and fully fund myriad defense programs, specifically including procurement of ships, tanks, planes, missiles and more, the Aerospace Industries Association (AIA) stated in a new report. The AIA noted...http://www.defensedaily.com/sectors/financial/2424.html April 18, 2008
Textron [TXT] yesterday reported strong sales and earnings growth, driven by demand for business jets, defense equipment and the company's acquisition of AAI Corp. Net income increased 18 percent to $231 million, 91 cents earnings per share (EPS), from $196...http://www.defensedaily.com/sectors/financial/2403.html April 18, 2008
By Calvin Biesecker United Technologies Corp. [UTX] yesterday posted solid first quarter financial results and affirmed its forecast for higher sales and earnings this year despite weakness in some areas of its commercial businesses. Net income increased 22...http://www.defensedaily.com/sectors/financial/2407.html April 16, 2008
By Ann Roosevelt The Aerospace Industry Association (AIA)'s newest report finds a defense budget squeeze coming that will affect the next administration and wants presidential candidates to address the specifics of how they'll manage budget pressures and make...http://www.defensedaily.com/sectors/financial/2388.html April 16, 2008
By Calvin Biesecker and Geoff Fein Northrop Grumman's [NOC] early morning surprise yesterday that it would take $320 million to $360 million charge on the LHD-8 amphibious assault ship it is building for the Navy left some analysts discouraged about the...http://www.defensedaily.com/sectors/financial/2390.html
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