All Posts Tagged With: "Northrop Grumman Corporation"

(BA) Aerospace & Defense Stock Overview – April 2013 – Zacks Analyst Interviews

Overview The aerospace and defense industry found its largest base in the U.S. with a military budget fittingly impressive. The country’s global leadership position requires it to maintain the capacity to respond to the ever-changing national security environment. But...

2May2013 | | Comments Off | Continued

(BA) Aerospace & Defense Stock Overview – April 2013 – Zacks Analyst Interviews

Overview The aerospace and defense industry found its largest base in the U.S. with a military budget fittingly impressive. The country’s global leadership position requires it to maintain the capacity to respond to the ever-changing national security environment. But...

25Apr2013 | | Comments Off | Continued

(NOC) Northrop Grumman Wins Contract Modification

Northrop Grumman Corp. (NOC) won a modification contract from the U.S. Air Force for its Global Hawk unmanned aircraft system. This contract has a total value of $71 million. Global Hawk is an unmanned aircraft system and has...

18Apr2013 | | Comments Off | Continued

(NOC) Northrop Grumman Upgrades Sensor System

Northrop Grumman Corporation (NOC) has introduced the Fourth Generation Tracking Adjunct Sensor (4G TAS) for its Hawk air defense system. The company’s Electronic Systems business is responsible for this new product development. The...

8Apr2013 | | Comments Off | Continued

(NOC) Northrop Grumman Gets U.S. Army Laser Targeting Systems Contract

Northrop Grumman Corporation, (NOC) received a three-year contract from the U.S. Army to build and deliver hand-held targeting devices (“HHTPDs”) at its Apopka operation in Florida. The contract is valued at $9.2 million. To date,...

16Jan2013 | | Comments Off | Continued

(BA) Boeing to Upgrade Globemaster

Aerospace giant The Boeing Co. (BA) received an $895 million contract from the U.S. Air Force right before year-end 2012. Per this 10-year contact, Boeing will be entrusted with the responsibility of upgrading the military transport...

3Jan2013 | | Comments Off | Continued

(NOC) Northrop Grumman’s Drones Proposed for Sale

Department of Defense (“DoD”) has made a proposal to Congress for the sale of Northrop Grumman Corporation’s (NOC) Global Hawk surveillance drones to the government of South Korea under the foreign military sale (“FMS”) program....

31Dec2012 | | Comments Off | Continued

(LMT) Aerospace and Defense Stock Overview – Dec 2012 – Zacks Analyst Interviews

The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military budget. The industry largely depends on U.S. government contracts. As such, the outlook for the industry is closely tied to the outlook for de ...

31Dec2012 | | Comments Off | Continued

(NOC) Northrop Grumman Awarded U.S. Postal Contract

Northrop Grumman Corporation (NOC) was awarded a three-year contract to operate its central repair facility in Topeka, Kansas by the U.S. Postal Service. The program provides repair services for the Postal...

4Dec2012 | | Comments Off | Continued

(LMT) Lockheed Martin Boosts Dividend

Lockheed Martin Corporation (LMT) has announced that it will increase the quarterly dividend rate to $1.15 per share, up approximately by 15 cents from the current payout of approximately $1.00 per share. The proposed hike would...

23Oct2012 | | Comments Off | Continued

(ERJ) Embraer S.A. Reports Reduced Third Quarter Aircraft Delivery

The largest among Brazil’s aircraft manufacturers, Embraer S.A. (ERJ) released its aircraft delivery report for the third quarter 2012, ended September 30, 2012. The company delivered 40 aircraft as compared to 55 aircraft delivered...

23Oct2012 | | Comments Off | Continued

(NOC) Northrop Grumman Gets Logistics Contract

Northrop Grumman Corporation (NOC) was awarded a $88 million cost plus fixed fee contract for logistics support for the RQ-4 Global Hawk fielded Block 30 weapon system. The location of the performance is San Diego, California. Work...

20Oct2012 | | Comments Off | Continued

(NOC) Northrop Grumman to Upgrade Bombers

Northrop Grumman Corporation (NOC) was awarded a $108 million contract by the U.S. Air Force to upgrade its fleet of B-2 stealth bombers. There are 20 B-2s in the U.S. fleet, with 19 at Whiteman Air Force Base in Missouri and 1 used...

16Oct2012 | | Comments Off | Continued

(ERJ) Embraer S.A. Remains in Neutral Zone

We recently maintained a Neutral recommendation on Embraer S.A. (ERJ), a Brazilian aircraft and aviation-related structural parts manufacturer. Apparently, things are not going Embraer’s way for the last three trailing quarters...

16Oct2012 | | Comments Off | Continued

(BA) Boeing Seals a Big 737 Order

Leading commercial airplane producer, The Boeing Co. (BA) received another multi billion order for its 737 model from Alaska Airlines. Per the order, Boeing will supply 50’ 737 airlines at list prices taking the deal value to $5 billion. Out...

12Oct2012 | | Comments Off | Continued

(ERJ) Embraer Delivers Jet to Belavia

Last week, Embraer S.A. (ERJ), the largest Brazilian aircraft manufacturer, made a delivery of its EMBRAER 175 jet to Belavia, the 100% state-owned flag-carrier of Belarus. The aircraft delivered is leased from Air Lease Corporation...

25Sep2012 | | Comments Off | Continued

(BA) Boeing’s 737 Order to Fetch $2.4Billion

Leading commercial airplane producer, The Boeing Co. (BA) received a firm order of 25 airplanes from Avolon. The order includes 10’ 737 MAX 8s, 5’ 737 MAX 9s and 10’ Next-Generation 737-800s. The total value of the order at list...

24Sep2012 | | Comments Off | Continued

(GD) Aerospace and Defense Stock Overview – August 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 military budget. The industry...

31Aug2012 | | Comments Off | Continued

(ERJ) Embraer S.A. Tax Woes Cut Profits

Embraer S.A.’s (ERJ) second quarter of 2012 earnings per ADS (diluted) came in at 30 cents, missing the Zacks Consensus Estimate of 58 cents. This also compared unfavorably with earnings of 53 cents in the year-ago quarter. The...

20Aug2012 | | Comments Off | Continued

(NOC) Northrop Grumman to Supply G4 Pods

Northrop Grumman Corporation (NOC) has received a contract worth $103 million from the Naval Air Systems Command for the supply of LITENING G4 pods. Besides providing LITENING G4 targeting systems to the U.S. Marine Corps, it...

12Jun2012 | | Comments Off | Continued

(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 primary driver. The industry...

15May2012 | | Comments Off | Continued

(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 will continue to provide...

19Apr2012 | | Comments Off | Continued

(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. The contract, immediately...

4Apr2012 | | Comments Off | Continued

(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 offers a strong program...

4Apr2012 | | Comments Off | Continued

(BA) Boeing 787 Commercial Aircraft Orders Swell

The international commercial airplane producer, The Boeing Co. (BA) announced that it received orders for two 787-9 from Air New Zealand. The order for the two airplanes is valued at $455.6 million at list prices. Air...

31Mar2012 | | Comments Off | Continued

(RTN) Raytheon to Develop Army Radars

Raytheon Company (RTN) has entered into a $45.5 million agreement with the U.S. Army for prototype development of the Ku Band Multi-Function RF System (MFRFS) Sense and Warn (S&W) radars. This agreement is an...

22Mar2012 | | Comments Off | Continued

(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 (EPS) is 71 cents, representing...

19Mar2012 | | Comments Off | Continued

(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. However, we believe market...

7Mar2012 | | Comments Off | Continued

(BA) Boeing Analyst Shares Still Neutral

We maintain our Neutral stance on the defense behemoth The Boeing Co. (BA). Boeing’s future prospects to a large extent depends on the defense budget, as a major chunk of its revenue comes from government contracts. The European crisis...

6Mar2012 | | Comments Off | Continued

(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 will be able to sustain...

6Mar2012 | | Comments Off | Continued