Aerospace & Defense

LMI Aerospace Inc (NASDAQ: LMIA) reported downbeat quarterly results and lowered its full-year sales view. LMI Aerospace now expects 2011 sales of $253.3 to $259.3 million, versus its prior view of $258 to $268 million. However, analysts were expecting 2011 sales of $262.4 million. LMI Aerospace...

Below are the top large-cap aerospace/defense products & services stocks on the NYSE and the NASDAQ in terms of cash. Boeing Company (The) (NYSE: BA) had $9.18 billion in total cash and $12.38 billion in total debt for the latest quarter. Lockheed Martin Corporation (NYSE: LMT) had $4.57...

This is your Benzinga news summary and traders' summary for Thursday, November 3, 2011, covering headlines from Thursday's trading session. Today at market close, the Dow Jones Index traded up about 208.43 points or 1.76%, the S&P 500 traded 1.88% higher, the Nasdaq Composite Index traded up 2...

Today at market close, the Dow Jones Index traded up about 208.43 points or 1.76%, the S&P 500 traded 1.88% higher, the Nasdaq Composite Index traded up 2.20%, and the U.S. dollar trades lower near the $76.80 level. Earlier today, KeyBanc upgraded Aeropostale (NYSE: ARO) to Buy and Stifel...

Lockheed Martin Corporation (NYSE: LMT) today announced the acquisition of Sim-Industries B.V., a commercial aviation simulation company located in the Netherlands. The acquisition is a demonstration of the Corporation's strategy to expand into closely related markets that build on our core...

These stocks are downright scary. It's that time of the year again. A time when grown men and women dress up as their favorite film, TV and video game characters, all in the name of partying on a holiday that was once reserved for candy-seeking children. Of course, I've never felt that it was...

LMI Aerospace, Inc. (Nasdaq: LMIA) announced today that it has received a contract award from Embraer for the design and build of wing slat assemblies for the KC-390 aircraft. The new contract encompasses the engineering, manufacturing, testing, tooling, certification, and product support of the...

A report from Oppenheimer reiterates its Underperform rating on L-3 Communications Holdings (NYSE: LLL). The report states, “a quarter does not make a pattern, and the bigger picture isn't improving: contract awards are getting pushed out, the OCO pie is shrinking, and the rapid decline of L-3's...

According to J.P. Morgan, L-3 Communications (NYSE: LLL) prices target was raised to $68. J.P. Morgan said that LLL's quarter was in line operationally, which was refreshing given the large number of “sales miss / margin beat”s we've seen from the company's peers this quarter. “We believe there...

Deutsche Bank has published a report on Lockheed Martin (NYSE: LMT) after the company's 3Q earnings report and ahead of today's 2pm conference call. In the report, Deutsche Bank writes, "LMT reported 3Q underlying EPS of $2.06 (ex. 7c severance costs), well ahead of our/Street's estimates of $1.88...

The Ministry of Defence has selected Lockheed Martin (NYSE: LMT) UK to lead a 642 million pounds ($1 billion) contract as part of the major 1 billion pounds ($1.6 billion) upgrade of the British Army's Warrior Armoured Fighting Vehicle. Under the Warrior Capability Sustainment Programme, Lockheed...

Lockheed Martin (NYSE: LMT) Information Systems & Global Solutions (IS&GS) today announced that the company has concluded a voluntary layoff program aimed at reducing its overhead employee base by 250 in February 2012. The program is one of several ongoing affordability measures designed...

L-3 Communications (NYSE: LLL) Link Simulation and Training, Arlington, Texas, is being awarded a maximum $469,560,000 firm-fixed-price, cost reimbursement contract for the F-16 training system, aircrew and maintenance. This effort consists of contractor logistics support and change management to...

Synaptics (NASDAQ: SYNA) is a developer of interactive solutions in the personal computing and telecommunications industries. Basically, Synaptics produces a lot of the laptop trackpads and other communicative interfaces used in many electronic devices today. While it is a frontrunner in its niche...

Lockheed Martin (NYSE: LMT) announces its next round of earnings this Wednesday, October 26, 2011. Here's Benzinga's essential guide to Lockheed Martin's third quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of $1.81/share and revenues of $11.73 billion....