Aerospace-Defense Products & Services
(LMT) Aerospace & Defense Stock Overview – May 2012 – Industry Outlook
The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military budget. The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the...
(LLL) L-3 Communications Holdings Beats on Orders – Raises View
L-3 Communications Holdings Inc. (LLL) reported first quarter 2012 earnings per share of $2.01, comfortably surpassed the Zacks Consensus Estimate of $1.88 and last year’s $1.85. The bottom line was...
(LMT) Lockheed Martin and Japan in Detector Deal
Lockheed Martin Corporation (LMT) has received a $22.4 million order for the delivery of 19 AbleSentry systems from the Japan Ministry of Defense. Along with its trading partner ITOCHU Corporation, the company...
(AIR) AAR Corporation – Bear of the Day
We have downgraded our recommendation on AAR Corporation (AIR) from Neutral to Underperform. We have been witnessing an overcapacity in the aerospace market, aggravated by intense competition from the big...
(GD) General Dynamics Wins Navy Contract – Analyst Blog
General Dynamics Electric Boat, a wholly owned subsidiary of General Dynamics Corporation (GD), has received a contract worth $78 million from the U.S. Navy for supplying long lead-time material for the Virginia-class...
(NOC) Northrop Grumman Wins OPTARSS II Contract
Northrop Grumman Corporation (NOC) has received a $100 million contract from the U.S. Army as part of an Operations Planning Training and Resource Support Services (OPTARSS) II contract. Per the deal, Northrop...
(HON) Honeywell International Expands Facility
Honeywell International Inc.’s (HON), group company, UOP LLC, is all set to expand its production facility in Mobile, Ala., to produce adsorbents and catalysts. The company will be investing about $20 million...
(NOC) Northrop Grumman Wins Air Force Contract
Northrop Grumman Corporation (NOC) has received a firm-fixed-price contract worth $334 million from the U.S. Air Force to provide Large Aircraft Infrared Countermeasure (“LAIRCM”) systems and support....
(NOC) Northrop Grumman Analyst Remains Neutral on Shares
Northrop Grumman Corporation (NOC) posted mixed results for the December quarter surpassing the Zacks Consensus Estimate on the bottom line but missing the consensus at the top. Looking forward, the company...
(ERJ) Embraer S.A. 2011 Fourth Quarter Earnings Preview
Embraer S.A (ERJ) will be reporting its fourth-quarter and fiscal 2011 financial results on Tuesday, March 20, 2012, after the market close.
The current Zacks Consensus Estimate for earnings per share...
(LMT) Lockheed Martin Analyst Keeps Neutral Rating
We currently remain on the sidelines with Lockheed Martin Corporation (LMT) due to the impact of the Euro-crisis on U.S. economic fundamentals. This keeps the risk high for further cutbacks in defense budgets....
(ERJ) Embraer Analyst Retains Neutral Rating on Shares
We maintain our Neutral recommendation on Embraer S.A (ERJ).
Improved worldwide commercial and defense aviation demand reflect a positive outlook for the future. In such a scenario, we believe Embraer...
(LMT) Lockheed Martin Corporation Earnings Scorecard
Lockheed Martin Corporation (LMT), the defense industry goliath, exited fiscal 2011 on a mixed note. Lockheed Martin reported strong bottom line beating past the market apprehension but missed the top line....
(NOC) Northrop Grumman Corporation Contracts Flowing in
Northrop Grumman Corporation (NOC) has received a contract worth $103 million from the U.S. Department of Defense (DOD) under which it will provide support to the Mission Command Training Support Program (“MCTSP”)...
(LMT) U.S. Defense Industry Misses India – What Next?
French conglomerate Dassault Group’s Rafale combat jet emerged as the lowest bidder for the multi-billion contract for the Indian Air Force. The $10.4 billion deal is for supplying 126 medium multi-role combat aircraft to the Indian Air Force (‘IAF’). The order heralded...
(LMT) Lockheed Martin Posts Mixed Numbers
World’s largest stand-alone defense contractor, Lockheed Martin Corporation (LMT) exited fiscal 2011 with mixed fortunes. The company posted fourth-quarter 2011 operating earnings of $2.14 per share, beating...
(LMT) Aerospace & Defense Stock Overview – January 2012 – Zacks Analyst Interviews
The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest...
(HON) Honeywell International Beats as Sales Rise
Honeywell International Inc.’s (HON) reported fourth-quarter 2011 earnings results before the market opened today. Pro forma earnings per share were $1.05 in the reported quarter, above the Zacks Consensus...
(HON) Honeywell International Providing Technology for Samsung
Honeywell International Inc.’s (HON) group company, UOP LLC, will be providing technologies for the production of key petrochemicals and high-quality diesel and jet fuel at Samsung Total Petrochemicals Co....
(COL) Company News for January 20, 2012 – Corporate Summary
• Online company eBay Inc’s (NASDAQ:EBAY) share prices rose 3.86%, after the company topped its fourth-quarter estimates, primarily due to heavy usage of its electronic payments site PayPal
• Share...
(HON) Honeywell International – Bull of the Day
We upgraded our rating from Neutral to Outperform on Honeywell International (HON) with a target price of $62.00. The company delivered impressive third-quarter 2011 results as its performance gained momentum...
(LLL) L-3 Communications Holdings to Acquire Danaher Unit
L-3 Communications Holdings Inc. (LLL) announced that it would acquire the Kollmorgen Electro-Optical unit of Danaher Corporation (DHR) for...
(LMT) Lockheed Martin Secures Fire Control System Contract for AH-1Z
Largest defense contractor, Lockheed Martin Corporation (LMT) has received two contracts worth $30.6 million to provide a fire control system known as the Target Sight System (“TSS”) for AH-1Z Cobra attack...
(HON) Honeywell International to Build Fertilizer Facility
Honeywell International Inc. (HON) entered into an agreement with the world’s largest privately held food and agribusiness company, J.R. Simplot Company, to construct a facility for the production of...
(TDG) TransDigm Group Shares Rated Neutral
We recently maintained a Neutral recommendation on TransDigm Group Inc. (TDG).
Based in Cleveland, Ohio, TransDigm Group Inc. is a leading global designer, producer and supplier of highly engineered...
(NOC) Northrop Grumman Analyst Maintains Neutral Rating
We maintain our Neutral recommendation on Northrop Grumman Corporation (NOC), which is the third largest defense contractor behind The Boeing Company (
28Nov2011 | vitalstocks | 0 comments | Continued(LLL) L-3 Communications Holdings Raises Funds
L-3 Communications Holdings Inc. (LLL) announced that L-3 Communications Corporation, its wholly owned subsidiary, has made an public offering of 3.95% Senior Notes worth $500 million due November 15, 2016.
L-3...
(LMT) Lockheed Martin Upgrades Sensors for Navy
Defense major Lockheed Martin Corporation (LMT) received a contract from the U.S. Navy for continuing the development work of Infrared Search and Track (“IRST”) sensor system for the U.S. Navy F/A-18E/F.
In...
(GD) General Dynamics Reports Mixed Third Quarter Earnings
Defense and aerospace operator General Dynamics Corporation (GD) announced third-quarter 2011 operating earnings of $1.83 per share, which surpassed the Zacks Consensus Estimate of $1.77. The results of the...
(HON) Honeywell International Beats Estimates (revised)
Honeywell International Inc.’s (HON) reported third-quarter 2011 earnings results, reporting earnings per share from continuing operations of $1.10, beating the Zacks Consensus Estimate of 99 cents.