Boeing (BA) Raises 20-Year Jetliner Market Outlook by 4.1%
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 6:49AM CDT
The Boeing Co. (BA) raised the 20-year forecast for jetliner demand by 4.1% based on a promising Asian market and the growing need for the improvement of fuel-efficient, single-aisle airliners.
RTN: 138.88 (+0.55), NOC: 221.78 (+1.31), BA: 130.11 (-0.70)
Embraer (ERJ) Delivers 52 Jets to Its Customers in 2Q16
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 5:28AM CDT
Embraer S.A. (ERJ) delivered 52 jets to its customers in the second quarter of 2016.
ERJ: 21.77 (+0.05), NOC: 221.78 (+1.31), BA: 130.11 (-0.70)
Northrop Grumman Surpasses $1 Billion Subcontracted to Small Businesses Under Missile Defense Contract
GlobeNewswire - Tue Jul 12, 10:07AM CDT
Northrop Grumman Corporation (NYSE:NOC) has exceeded $1 billion subcontracted to small businesses under the U.S. Missile Defense Agency's Joint National Integration Center Research and Development Contract (JRDC).
NOC: 221.78 (+1.31)
Defense Stock Roundup: Boeing Reports Q2 Deliveries; UTX Scores Big Contract; LMT Starts IS&GS Exchange Offer
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:27AM CDT
On the threshold of the second-quarter earnings season, the outlook for the aerospace and defense sector is not so bad when compared with the overall Q2 forecast.
UTX: 105.09 (+0.59), NOC: 221.78 (+1.31), TGI: 36.49 (-0.28), TXT: 38.37 (+0.01), BA: 130.11 (-0.70), COL: 85.21 (-0.57), LLL: 149.28 (-0.11)
Northrop Grumman Wins Work Order to Support Chronic Disease Prevention System for the CDC
GlobeNewswire - Mon Jul 11, 10:00AM CDT
Northrop Grumman Corporation (NYSE:NOC) has been awarded a $52.7 million contract by the Centers for Disease Control and Prevention (CDC) to provide a range of technical services for digital tools and systems in support of the National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP).
NOC: 221.78 (+1.31)
Lockheed Martin Hits a 52-Week High on Promising Deals
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 9:32AM CDT
On Jul 8, 2016, shares of Lockheed Martin Corp. (LMT) soared to a new 52-week high of $252.30. The stock pulled back a bit to end the trading session on Friday at $251.90.
LMT: 255.90 (+1.20), RTN: 138.88 (+0.55), NOC: 221.78 (+1.31), COL: 85.21 (-0.57)
Huntington Ingalls at 52-Week High on Promising Outlook
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:58AM CDT
Shares of Huntington Ingalls Industries, Inc. (HII) touched a new 52-week high of $173.42 on Jul 8, finally closing a little lower at $172.52.
HII: 173.15 (+0.01), RTN: 138.88 (+0.55), NOC: 221.78 (+1.31), COL: 85.21 (-0.57)
Boeing Reports Q2 Deliveries: Commercial Up, Defense Drags
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 10:19AM CDT
The Boeing Company (BA) reported second-quarter 2016 deliveries wherein commercial deliveries were up 1% whereas defense shipments were down 19.6% year over year.
EGL: 26.04 (+0.49), LMT: 255.90 (+1.20), NOC: 221.78 (+1.31), BA: 130.11 (-0.70)
Northrop Grumman (NOC) Secures $103M U.S. Navy Contract
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 4:05PM CDT
Northrop Grumman Corp. (NOC) has received a U.S. Navy contract to continue its counter improvised explosive device support for the Navy.
GD: 141.73 (+0.19), LMT: 255.90 (+1.20), NOC: 221.78 (+1.31), BA: 130.11 (-0.70)
Long Island town sues Navy, others over water contamination
Newsday - Thu Jul 07, 1:37PM CDT
HEMPSTEAD, N.Y. (AP) — A Long Island town has filed a $50 million federal lawsuit against the Navy, Northrop Grumman and others over groundwater contamination.
NOC: 221.78 (+1.31)
Lockheed Martin Unit Wins $94M Deal for Support Services
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 9:02AM CDT
Lockheed Martin Corp.'s (LMT) business unit, Aeronautics Co., has won a modification contract from the U.S. Navy to procure electronic components for the F-35 Lightning II multi-role fighter aircraft.
EGL: 26.04 (+0.49), LMT: 255.90 (+1.20), NOC: 221.78 (+1.31), COL: 85.21 (-0.57)
Northrop Grumman Team Receives DOD Nunn-Perry Award
GlobeNewswire - Wed Jul 06, 9:14AM CDT
Northrop Grumman Corporation (NYSE:NOC) has received the Nunn-Perry Award from the Department of Defense (DOD) for outstanding achievement in the Mentor-Protégé Program.
NOC: 221.78 (+1.31)
Huntington Ingalls (HII) Wins a $273M U.S. Navy Contract
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 8:39AM CDT
Huntington Ingalls Industries, Inc. (HII) recently won an initial $272.5 million fixed-price-incentive firm target contract from the U.S. Navy.
HII: 173.15 (+0.01), GD: 141.73 (+0.19), LMT: 255.90 (+1.20), NOC: 221.78 (+1.31)
Northrop Grumman Announces Webcast, Conference Call of Second Quarter 2016 Financial Results
GlobeNewswire - Fri Jul 01, 9:00AM CDT
-- Second Quarter 2016 financial results, webcast and conference call scheduled for Wednesday, July 27, 2016
NOC: 221.78 (+1.31)
Watch for Northrop Grumman to Potentially Pullback After Gaining 2.49% Yesterday
Comtex SmarTrend(R) - Thu Jun 30, 2:15PM CDT
Northrop Grumman (NYSE:NOC) traded in a range yesterday that spanned from a low of $217.33 to a high of $223.11. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $217.62 on volume of 478,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NOC: 221.78 (+1.31)
Northrop Grumman Set to Possibly Pullback After Yesterday's Rally of 2.49%
Comtex SmarTrend(R) - Thu Jun 30, 2:14PM CDT
Northrop Grumman (NYSE:NOC) traded in a range yesterday that spanned from a low of $217.33 to a high of $223.11. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $217.62 on volume of 478,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NOC: 221.78 (+1.31)
Defense Stock Roundup: Brexit Pulls Defense Stocks Down; LMT Scores; Aerojet Rocketdyne Realigns Units
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 10:39AM CDT
The Brexit referendum took the markets by surprise and triggered a "sell first" attitude nearly across the board. Defense companies have nevertheless scooped up a number of Pentagon contracts in the past one week including those involving FMS.
AJRD: 18.48 (-0.13), RTN: 138.88 (+0.55), NOC: 221.78 (+1.31), TXT: 38.37 (+0.01), BA: 130.11 (-0.70), LLL: 149.28 (-0.11)
Northrop Grumman Secures $204M Contract for Global Hawk
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:14AM CDT
Northrop Grumman Corp. (NOC) announced that its unit, Aerospace Systems, has won a modification contract from the U.S. Air Force to provide logistic and sustainment services for the Global Hawk program
GD: 141.73 (+0.19), LMT: 255.90 (+1.20), NOC: 221.78 (+1.31), BA: 130.11 (-0.70)
IEE Wins Production Contract for Northrop Grumman JCREW I1B1
BusinessWire - Tue Jun 21, 8:30AM CDT
IEE, manufacturer of enhanced displays for military and industrial applications, was awarded a contract for a 3.5-inch hand-held CDU used in the Northrop Grumman Joint Counter Radio-Controlled Improvised Explosive Device (RCIED) Electronic Warfare (JCREW) Increment 1 Block 1 (I1B1). IEE's CDU will be used in the low-rate initial production of this jammer system. Developed for U.S. Naval Sea Systems Command, (NAVSEA), JCREW I1B1 systems are software-programmable jammers that provide protection from device-triggered improvised explosive devices (IEDs).
NOC: 221.78 (+1.31)
Fed's Outlook on Economy to Boost Trump Presidency? 4 Picks
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 8:08AM CDT
A slowing economy works in favor of the Republican Presidential candidate Donald Trump compared to his rival Hillary Clinton.
BID: 27.45 (-0.42), MLM: 196.87 (-1.06), LMT: 255.90 (+1.20), HD: 133.56 (-1.28), JEC: 52.79 (-0.30), NOC: 221.78 (+1.31), RTN: 138.88 (+0.55), LPI: 11.15 (-0.45), FLR: 52.88 (-0.31), CRI: 108.73 (-1.27), AAPL: 96.87 (-0.55), RGR: 67.35 (-0.13), LDOS: 49.55 (+1.05), SWHC: 28.42 (-0.16), APC: 56.10 (-1.32)