Aerospace/Defense - Major Diversified
(BA) Deficit Not As Bad As Feared
Late Friday, the Treasury Department released the budget deficit for August. It came in at $111.4 billion, which was far better than the $140 billion monthly shortfall that had been expected. It was also slightly less than the budget shortfall in August 2008. And it was a huge...
14Sep2009 | vitalstocks | 0 comments | Continued(RTN) Raytheon Missiles Head East
Raytheon Co. (RTN) bagged a $77 million contract from the US Air Force for building missiles for Korea and Taiwan. According to terms of the contract, the company will produce AGM-65D and AGM-65G2 infrared-guided Maverick air-to-surface missiles for the two Asian nations. Raytheon...
11Sep2009 | vitalstocks | 0 comments | Continued(RTN) Raytheon Company Gets Green Light on SM-6
Raytheon Missile Systems, an operating unit of Raytheon Company (RTN), received a $93.9 million contract from the Naval Sea Systems Command, authorizing the start of production of Standard Missile-6 (SM-6). The anti-air warfare missile completed tests in August 2009, validating...
8Sep2009 | vitalstocks | 0 comments | Continued(RTN) Raytheon Set to Acquire BBN Technologies
Raytheon Company (RTN) is planning to acquire privately held BBN Technologies to boost its advanced networking and speech and language technologies. Raytheon expects to complete the transaction by year’s end. BBN Technologies was set up in 1984 by Massachusetts Institute...
3Sep2009 | vitalstocks | 0 comments | Continued(BA) Is Boeing’s Standard & Poor’s Rating Secure?
Standard & Poor’s said on Friday that it is apprehensive about The Boeing Company’s (BA) risk in terms of order cancellations and deferrals for its commercial aircrafts. Pitted against Airbus’s A319 aircraft, Boeing’s 787 series is plagued by delays. The inaugural...
31Aug2009 | vitalstocks | 0 comments | Continued(BA) A Strong Durable Goods Recovery?
New orders for durable goods rose 4.9% in July, well above consensus expectations for a 3.2% increase. In addition, the June numbers were revised to a drop of just 1.3% instead of a 2.5% decline. This was the biggest increase in two years. Since aircraft count as durable goods...
26Aug2009 | vitalstocks | 0 comments | Continued(BA) Boeing Gets Order for 14 More 737-700 Jets
Boeing Company (BA) yesterday bagged an order for fourteen 737-700 series aircrafts from Canadian airliner WestJet. This took WestJet’s pending deliveries for 737-700 series aircraft from Boeing to 54. With this order, Boeing has been able to maintain its position as the sole...
25Aug2009 | vitalstocks | 0 comments | Continued(BA) Boeing Makes Progress in Panama
Yesterday, Boeing (BA) said it had completed its critical design review of Required Navigation Performance (RNP) procedures for Panama’s Tocumen International Airport and Howard Airport. The critical design review, which took place at the Copa Airlines training center in Panama...
20Aug2009 | vitalstocks | 0 comments | Continued(BA) Boeing & USAF: The Plot Thickens! – Analyst Blog
Boeing and the USAF Tanker Program: The Plot Thickens! Boeing (BA) apparently is considering proposing on the upcoming USAF Tanker Program re-bid with versions of two of its models — the 767 and the 777 — in the hopes that one of them will be selected over the single...
18Jun2009 | vitalstocks | 0 comments | Continued(RTN) Raytheon Co. – Growth And Income – Zacks Rank Buy
Raytheon Co. (RTN) has seen a swift rebound off recent multi-year lows and compares favorably to the market over the past year. Analysts are bullish on RTN’s earnings for both 2009 and 2010, calling for annual growth of 16% and 6%, respectively. Bullish Forecasts Current...
11May2009 | vitalstocks | 0 comments | Continued(RTN) Raytheon – Continues to Outpace the Industry in Dividend Payments
Raytheon Co. (RTN) is trading at a higher share price than it was when the company was last featured as a Growth and Income pick in late November, outpacing the Dow Jones ($DJI), S&P 500 (SPX) and NASDAQ (COMP) over that time frame. Stable Estimate Revisions Wall Street earnings...
30Dec2008 | Shawn | 0 comments | Continued(RTN) Raytheon Company – improving balance sheet, growing cash flow, above industry average ROE
Raytheon Company (RTN) has fared well against the Dow Jones ($DJI), S&P 500 Index (SPX) and NASDAQ Composite Index (COMP) both over the short- and long-term. The company continues to boast a Zacks #1 Rank (“strong buy”) and has seen bullish estimates from analysts. Company...
28Nov2008 | Shawn | 0 comments | Continued(RTN) Raytheon Company – analysts hike estimates as they forecast year-over-year earnings growth of 22% for 2008
Raytheon Company (RTN) continues to boast a Zacks #1 Rank (“strong buy”). The company has seen analysts hike estimates as they forecast year-over-year earnings growth of 22% for 2008. Company Description Raytheon Company is the one of the largest aerospace and defense companies...
14Nov2008 | Shawn | 0 comments | Continued(RTN) Forecasts jumped on the strong quarter
Raytheon Company (RTN) recently released third-quarter results. Earnings per share of $1.01 eclipsed the year-prior 86 cents and exceeded the consensus estimate by 5%. The company cited operational improvements and lower pension expense as contributors to the higher earnings....
29Oct2008 | Shawn | 0 comments | Continued