Aerospace & Defense

The Department of Defense announced eight separate defense contracts on Tuesday, worth $254.5 million in total. In terms of number of contract wins, Northrop Grumman Corporation (NYSE: NOC) was the day's big winner with three awards, albeit the dollar values were small: $37.1 million...

The U.S. Air Force has approved full rate production for Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile – Extended Range (JASSM-ER). JASSM-ER successfully completed U.S. Air Force Initial Operational Test and Evaluation (IOT&E) flight testing in 2013. During IOT&E, the...

heed Martin (NYSE: LMT) received a $40.3 million contract from the U.S. Air Force for follow-on production of Paveway II Plus Laser Guided Bomb (LGB) kits. The contract represents the majority share of fiscal year 2014 funding and the eighth award under the five-year indefinite delivery,...

Working with the Army, Lockheed Martin (NYSE: LMT) is providing operational support for a Persistent Threat Detection System (PTDS) aerostat system that is being evaluated by the Department of Homeland Security (DHS) Customs and Border Protection (CBP) along the Southern border of the United States...

Lockheed Martin (NYSE: LMT) reported better-than-expected profit for the third quarter and lifted its 2014 earnings guidance. The Bethesda, Maryland-based company posted a quarterly profit of $888 million, versus a year-ago profit of $873 million. Its EPS surged to $2.76 from $2.66. Its sales...

Lockheed Martin (NYSE: LMT) has enabled the U.S. Army to conduct more realistic live fire training and accelerate learning with the delivery of the Digital Air Ground Integration Range (DAGIR). DAGIR is the first range in U.S. Army history to integrate air and ground assets across a digitally...

Golar LNG (NASDAQ: GLNG) shares rose 4.10% to reach a new 52-week high of $74.12. Bank of America reiterated a Buy rating on Golar LNG and raised the price target from $75.00 to $110.00. Stanley Black & Decker (NYSE: SWK) shares touched a new 52-week high of $94.63. Analysts at Susquehanna...

The battle command system used by the Marines to manage and monitor airborne platforms, including fighters, bombers, tankers, unmanned aerial vehicles, and helicopters, will be maintained by Lockheed Martin (NYSE: LMT). Under a contract worth approximately $18 million, Lockheed Martin will...

Below are the top industrial goods stocks in terms of earnings per share. The trailing-twelve-month earnings per share at NVR (NYSE: NVR) is $59.16. NVR's ROE for the same period is 22.00%. The trailing-twelve-month earnings per share at Precision Castparts (NYSE: PCP) is $12.44. Precision...

LMI Aerospace, Inc. (Nasdaq: LMIA), a leading provider of design engineering services and supplier of structural assemblies, kits and components to the aerospace and defense markets, today announced that President and Chief Executive Officer Dan Korte was appointed to the company's board of...

Below are the aerospace/defense products & services stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at The Boeing Company (NYSE: BA) is $88.42 billion. Boeing's profit margin for the same period is 5.67%. The trailing-twelve-month revenue at United...

Lockheed Martin's (NYSE: LMT) Dual Mode Laser Guided Bomb (DMLGB) was successfully employed during recent U.S. Marine Corps weapons and tactics instructor training. During the training exercises at Marine Corps Air Station Yuma in Arizona, AV-8B Harrier aircrews released 19 GBU-12F/B DMLGB weapons...