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Market Sectors :: Financial
Displaying 1 - 20 of 79 stories.
July 25, 2008
L-3 Communications [LLL] yesterday reported solid second quarter earnings and sales aided in part by some one-time gains and to a lesser extent some acquisitions. Net income increased 48 percent to $278 million, $2.24 earnings per share (EPS), from $188...http://defensedaily.com/sectors/financial/3419.html July 25, 2008
By Calvin Biesecker Raytheon [RTN] yesterday reported strong second quarter financial results driven by strong earnings at its missiles, and mission and training support businesses coupled with improved operating performance, lower pension expenses and growth...http://defensedaily.com/sectors/financial/3425.html July 24, 2008
By Calvin Biesecker Streaking along so far this year, General Dynamics [GD] yesterday reported strong second quarter financials driven by higher earnings, sales and margins at each of its operating segments. The strong results, coupled with an equally...http://defensedaily.com/sectors/financial/3408.html July 24, 2008
By Calvin Biesecker Boeing [BA] yesterday posted weak second quarter financial results, driven in part by a previously disclosed charge on an international military aircraft program but also on an unexpected dip in commercial aircraft profits as company wide...http://defensedaily.com/sectors/financial/3411.html July 23, 2008
By Calvin Biesecker Lockheed Martin [LMT] yesterday posted strong second quarter earnings due to big gains at its Space and Information Systems segments and the world's largest defense contractor raised its profit forecast for the year due to previous land...http://defensedaily.com/sectors/financial/3399.html July 17, 2008
SI International [SINT] yesterday said that it has agreed to acquire veteran-owned Arrowpoint Corp., which provides information technology and professional services primarily to the Defense Department, for $16 million in cash plus the potential for another $9...http://defensedaily.com/sectors/financial/3331.html July 15, 2008
By Calvin Biesecker Rockwell Collins [COL] last Friday reported strong third quarter financial results due to improved operating margins and solid sales and the company raised its year-end earnings guidance a nickel. Despite bleak headlines in the energy...http://defensedaily.com/sectors/financial/3293.html July 11, 2008
Boeing [BA] yesterday said it would take a $250 million pre-tax charge in its second quarter earnings results due to previously acknowledged delays on an aircraft program it is developing for Australia but the company maintained its earnings guidance for this...http://defensedaily.com/sectors/financial/3276.html June 3, 2008
DRS Technologies [DRS] late last Thursday posted higher fourth quarter earnings and sales although it benefited in good measure from a restatement of a hefty charge from the first quarter of fiscal year 2008 to the company's fourth quarter of 2007. An 18...http://defensedaily.com/sectors/financial/2875.html June 2, 2008
By Calvin Biesecker Following one failed attempt and another that never really got far, the Department of Homeland Security (DHS) has renewed its efforts to find help from industry in consolidating the legacy financial and asset management systems that are...http://defensedaily.com/sectors/financial/2851.html May 9, 2008
By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported a strong end to its fiscal year 2008 led by growth in its civil ammunition, NASA, advanced weapons and composite structures businesses and lower corporate and pension expenses. The lower pension...http://defensedaily.com/sectors/financial/2613.html May 8, 2008
SRA International [SRX] on Tuesday reported higher third quarter earnings and sales driven primarily from acquisitions and the company reduced its revenue guidance for the year. Net income increased 20 percent to $18 million, 30 cents earnings per share (EPS)...http://defensedaily.com/sectors/financial/2595.html May 5, 2008
Moog [MOG.A] on Friday said it has acquired CSA Engineering, Inc., a small engineering firm that specializes in the design and supply of systems for vibration suppression, precision motion control and dynamic testing of structures for the space...http://defensedaily.com/sectors/financial/2558.html May 2, 2008
Oshkosh Corp. [OSK] yesterday reported higher net income and sales in its second quarter driven by demand for access equipment and military trucks, which more than offset weak performances in its emergency and commercial businesses. Net income increased 43 percent to...http://defensedaily.com/sectors/financial/2547.html May 2, 2008
By Calvin Biesecker CACI International [CAI] this week posted strong third quarter financial results led by growth in its defense and federal civilian work and the information technology and professional services said it is on track to achieve its longer-term...http://defensedaily.com/sectors/financial/2550.html May 1, 2008
By Calvin Biesecker Branching out into new product and customer areas, SRA International [SRX] yesterday said it has agreed to acquire Era Corp., a provider of surveillance and flight tracking products for military, security and airport operations with an...http://defensedaily.com/sectors/financial/2541.html April 29, 2008
General Dynamics' [GD] C4 Systems, yesterday announced its Massachusetts-based operations have achieved the Software Engineering Institute's (SEI) Capability Maturity Model Integration (CMMI) Level 5 rating--the highest rating attainable. The rating...http://defensedaily.com/sectors/financial/2486.html April 29, 2008
Lockheed Martin [LMT] yesterday announced it has entered into a definitive agreement to acquire Atlanta, Ga.-based Eagle Group International LLC. Eagle Group provides logistics, information technology, training and health care services to the Defense...http://defensedaily.com/sectors/financial/2490.html April 25, 2008
By Calvin Biesecker Raytheon [RTN] yesterday posted strong first quarter financial results driven by growth across each of its operating segments and lower expenses although the company left its guidance for the year intact. William Swanson, Raytheon's...http://defensedaily.com/sectors/financial/2467.html April 25, 2008
By Calvin Biesecker As expected, Northrop Grumman's [NOC] first quarter profits plunged due to a hefty charge at its shipbuilding operations yet the company still managed to beat analysts' expectations due to higher sales and improved performance. Earlier...http://defensedaily.com/sectors/financial/2468.html
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