Business/Financial
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Business/FinancialSales Up, Earnings Down In Northrop Grumman’s Third Quarter; Raises Earnings Outlook
Northrop Grumman [NOC] on Thursday posted mixed financial results in its third quarter with sales up but earnings down. Still, the company increased its adjusted earnings guidance for 2019, due […]
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Business/FinancialNorthrop Grumman Sees No Impact To GBSD Acquisition Strategy Despite FTC Review
A review initiated this month by anti-trust regulators into Northrop Grumman’s [NOC] compliance with terms of the government’s approval last year allowing the company to acquire Orbital ATK isn’t expected […]
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Business/FinancialRaytheon Delivers Strong Third Quarter Results; Raises Guidance For Sales, Earnings
Raytheon [RTN] on Thursday reported strong third quarter financial results driven by higher sales across its defense segments and improved operating performance and the company increased its outlook for the […]
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Business/FinancialRaytheon Pegs LTAMDS Franchise At $20 Billion Or More
Raytheon’s [RTN] win last week of the next-generation radar to replace the existing radar on the Patriot air and missile defense system is worth at least $20 billion over the […]
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Business/FinancialRaytheon Announces Leaders For Consolidated Segments Under UTC Deal
Raytheon [RTN] on Wednesday announced the leadership of its business segments that will be consolidated as part of the pending acquisition of the company by United Technologies Corp. [UTX], with […]
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Business/FinancialLockheed Martin To Divest Distributed Energy Services Business
Lockheed Martin [LMT] on Wednesday said it has agreed to sell an energy business to TRC Companies, a consulting, engineering and construction firm supporting energy, environmental and infrastructure markets. Terms […]
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Business/Financial737 MAX Woes Weigh Down Boeing In Third Quarter; Defense Turns A Profit
Boeing [BA] on Wednesday reported big drops in sales and earnings in its third quarter as it continues to struggle with the grounding of its 737 MAX passenger plane, which […]
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Business/FinancialGD Reports Strong Third Quarter Results On Broad Strength
General Dynamics [GD] on Wednesday reported strong third quarter financial results with contributions coming from across its business segments. Net income increased 7 percent to $913 million, $3.14 earnings per […]
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Business/FinancialLockheed Martin Plows Forward With Strong Third Quarter
Lockheed Martin [LMT] on Tuesday posted strong third quarter financial results driven by gains in three of its reporting segments and the company raised its earnings guidance for the year […]
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PentagonDoD 5000 Update to Be Complete By End of 2019
The Pentagon remains on track to release a streamlined, updated version of its major systems procurement rules by the end of this calendar year, the department’s acquisition leader said Oct. […]