L3Harris Technologies [LHX] last Thursday posted lower net income in its fourth quarter due to ongoing macroeconomic issues while sales grew on the strength of the tactical radio, space and classified programs. The “Macroeconomic environment remains dynamic,” Christopher Kubasik, chairman and ...

Northrop Grumman [NOC] on Thursday reported lower net income in the fourth due to lower pension benefits, although segment operations and sales were strong on contributions from across the company’s sectors. Net income fell 23 percent to $2.1 billion, $13.46 earnings per share (EPS), from $2.7 ...

Inflationary and other macroeconomic pressures are buffeting the next-generation stealth bomber program, but Northrop Grumman [NOC] currently doesn’t expect to incur a loss during the initial production phase of the B-21 Raider, which remains on track for the first low-rate initial production ...

Boeing [BA] on Wednesday reported a smaller net loss in its fourth quarter as losses in its commercial aircraft segment and higher tax expenses more than offset a swing to profit in the defense business and a handsome gain in the services segment. Still, the company generated $3.1 billion in free ...

General Dynamics [GD] on Wednesday posted a solid end to its fiscal year driven by strong growth and earnings at its operating segment that makes armored vehicles and munitions and the company is forecasting a better 2023 than previously forecast for this business due to demand stemming from Russia� ...

Lockheed Martin [LMT] on Tuesday reported better than forecast top and bottom-lines in its fourth quarter, posting strong sales growth and a slight dip in earnings as the company touted significant progress in 2022 in an ongoing transformation effort designed to expand the use of digital ...