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Zacks News
Defense Stock Roundup: Huntington Sees Solid Q4; Big Wins for Lockheed, Raytheon, General Dynamics
by Zacks Equity Research
Encouragingly, 80% of the defense companies came up with an earnings beating while 50% surpassed revenue estimates.
General Dynamics Unit Wins $309M Canadian Army Contract
by Zacks Equity Research
General Dynamics Corporation's (GD) business unit, General Dynamics Land Systems has won a contract from the Government of Canada to upgrade 141 Light Armoured Vehicle ("LAV") III vehicles.
Textron's Bell Helicopter Wins $423.4M Deal for H-1 Program
by Zacks Equity Research
Textron's (TXT) AH-1Z is one of the worl's most advanced combat helicopters.
Boeing (BA) Wins Order for 39 Jets from Singapore Airlines
by Zacks Equity Research
As per media giants, Bloomberg and Reuters, leading commercial aircraft maker The Boeing Company (BA) has received an order for 39 wide-body airplanes from Singapore Airlines Ltd.
Textron's Bell Helicopter Wins $49M Navy Deal for AH-1Z Jets
by Zacks Equity Research
AH-1Z, manufactured by Textron's (TXT) Bell Helicopter, is one of the world's most advanced combat choppers.
Lockheed Wins $166M Navy Deal for Production of 36 eCASS
by Zacks Equity Research
Per the terms of the contract, Lockheed Martin (LMT) will offer sustaining logistics and engineering support, apart from facilitating the manufacturing procedure.
Spirit AeroSystems (SPR) Q4 Earnings Miss, Backlog Rises
by Zacks Equity Research
Spirit AeroSystems (SPR) posted fourth-quarter 2016 adjusted earnings of 89 cents per share, which missed the Zacks Consensus Estimate of $1.02 by 12.7%.
Boeing Wins $983M Air Force Contract for Support Services
by Zacks Equity Research
The Boeing Co.'s (BA) business unit, Defense, Space & Security, has won a contract from the U.S. Air Force to provide engineering support services.
Lockheed Martin (LMT) Wins Missile Defense Deal for THAAD
by Zacks Equity Research
Lockheed Martin Corp. (LMT) has won a modification contract from the Missile Defense Agency to provide support services and develop the Terminal High Altitude Area Defense ("THAAD") element.
Boeing Secures $2.1B Air Force Contract for KC-46 Aircraft
by Zacks Equity Research
The Boeing Co. (BA) has won a modification contract from the U.S. Air Force for the production of KC-46 Lot 3.
General Dynamics (GD) Tops Q4 Earnings, Revenues up Y/Y
by Zacks Equity Research
General Dynamics Corporation (GD) reported fourth-quarter 2016 earnings from continuing operations of $2.62 per share, beating the Zacks Consensus Estimate of $2.54 by 3.1%.
General Dynamics (GD) Beats on Q4 Earnings; Revenues Miss
by Subarna Chaudhuri
General Dynamics Corporation (GD) announced fourth-quarter 2016 earnings from continuing operations of $2.62 per share, beating the Zacks Consensus Estimate of $2.54
Textron (TXT) Misses on Q4 Earnings, To Acquire Arctic Cat
by Zacks Equity Research
Textron (TXT) reported fourth-quarter 2016 adjusted earnings from continuing operations of 80 cents per share, missing the Zacks Consensus Estimate of 87 cents by 8%.
General Dynamics (GD) Q4 Earnings: A Beat in the Cards?
by Zacks Equity Research
General Dynamics' (GD) Zacks Rank #3 and positive ESP make us reasonably confident of an earnings beat.
Lockheed Martin (LMT) Beats on Q4 Earnings, Backlog Rises
by Zacks Equity Research
Lockheed Martin (LMT) reported fourth-quarter 2016 earnings from continuing operations of $3.25 per share, surpassing the Zacks Consensus Estimate of $3.04 by 6.9%.
L-3 Technologies (LLL) Q4 Earnings: Is a Beat in Store?
by Zacks Equity Research
L3 Technologies, Inc. (LLL) is scheduled to release fourth-quarter 2016 results before the opening bell on Jan 26.
Northrop Grumman (NOC) Divests BluVector to LLR Partners
by Zacks Equity Research
Northrop Grumman Corporation (NOC) announced the divestiture of its automated threat detection and cyber hunting technology business unit, BluVector, to private equity firm LLR Partners
Textron Unit Wins $206M Deal for Shadow TUAS Sustainment
by Zacks Equity Research
Textron Inc. (TXT) announced that its business unit, Textron Systems Support Solutions, has received a contract from the U.S. Army
Lockheed Martin Wins $61M Sustainment Contract for F-22
by Zacks Equity Research
Lockheed Martin Corporation's (LMT) aeronautics division, Lockheed Martin Aeronautics Co., won a modification contract for air vehicle sustainment support for the F-22 jets.
Raytheon Wins $163M Army Contract for Training Services
by Zacks Equity Research
Raytheon Company's (RTN) unit, Integrated Defense Systems (IDS), has won a FMS contract from the U.S. Army to provide training services to Qatar.
Defense Stock Roundup: Lockheed Martin Steals the Show; Raytheon, Boeing Win Big
by Zacks Equity Research
Defense majors Lockheed Martin Corp. (LMT), General Dynamics Corp. (GD), United Technologies Corp. (UTX), Boeing Company (BA) and Raytheon Company (RTN) secured a number of orders from the DoD daily funding session.
5 Mega Stocks Poised to Deliver Mega Returns in 2017
by Zacks Equity Research
Given the uncertainties that are likely to prevail in the global markets in 2017, we believe that large-cap stocks will be the safest bet to beat the odds.
Raytheon Clinches $304M Navy Contract for Missile Spares
by Zacks Equity Research
Raytheon Company (RTN) has won a contract from the U.S. Navy to procure Tomahawk Block IV All-Up-Round vertical launch system missiles and spares.
Lockheed Martin to Offer Sustainment Services for F-22 Jets
by Zacks Equity Research
Lockheed Martin Corporation's (LMT) aeronautics division, Lockheed Martin Aeronautics Co., has secured a modification contract from the Air Force Life Cycle Management Center.
General Dynamics Unit Wins $35M Nuclear Submarine Deal
by Zacks Equity Research
General Dynamics Corp.'s (GD) business division, Electric Boat Corp., secured a modification contract worth $34.7 million from the U.S. Navy to acquire on-board repair parts for Virginia-class submarines, SSN792 and SSN793.