The Zacks Analyst Blog Highlights: Boeing, Northrop Grumman, General Dynamics, L-3 Communications and Raytheon
Zacks Equity Research - Zacks Investment Research - 1 hr 42 mins ago
The Zacks Analyst Blog Highlights: Boeing, Northrop Grumman, General Dynamics, L-3 Communications and Raytheon
GD: 148.19 (-0.03), RTN: 140.88 (-0.32), NOC: 219.00 (+0.32), BA: 131.89 (+0.29), LLL: 150.02 (-0.24)
Catch Defense Stocks Earnings on Aug 4: HII, CVU, TDY & More
Zacks Equity Research - Zacks Investment Research - 2 hrs 5 mins ago
We have seen Q2 results from 95.6% of the sector's total market cap, as of Jul 29. Let's take a look at a few defense stocks that are scheduled to report their quarterly numbers on Aug 4.
HII: 174.28 (+1.68), ESL: 60.30 (+0.53), WAIR: 12.68 (unch), GD: 148.19 (-0.03), LMT: 256.62 (-0.38), TDY: 103.75 (-0.17), RTN: 140.88 (-0.32), NOC: 219.00 (+0.32), CVU: 6.67 (+0.02), BA: 131.89 (+0.29), LLL: 150.02 (-0.24)
Raytheon receives $523 million for Standard Missile-3 production and delivery
PR Newswire - 2 hrs 12 mins ago
The U.S. Missile Defense Agency exercised a $523 million contract option with Raytheon Company (NYSE: RTN) to produce, test and deliver 47 Standard Missile-3 (SM-3) Block IB interceptors for operational testing and deployment.
RTN: 140.88 (-0.32)
Raytheon team competing in DARPA cyber competition finals
PR Newswire - Wed Aug 03, 7:00AM CDT
Deep Red, a team of cyber experts from Raytheon Company (NYSE: RTN), will be one of seven teams competing in the Defense Advance Research Project Agency's Cyber Grand Challenge finals during the DEF CON conference, August 4 in Las Vegas. DARPA's Cyber Grand Challenge is the first competition to pit unmanned, fully automated systems against cyberattacks.
RTN: 140.88 (-0.32)
Defense Stock Roundup: BA Incurs a Loss; GD, NOC, LLL, RTN, UTX Beat on Earnings
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 5:36PM CDT
Earnings dominated the major stories in the defense and aerospace sector over the past five trading sessions. Among the defense biggies, Boeing (BA), the world's largest plane maker, reported its first quarterly net loss in nearly seven years.
HII: 174.28 (+1.68), GD: 148.19 (-0.03), RTN: 140.88 (-0.32), UTX: 106.24 (-0.03), NOC: 219.00 (+0.32), TGI: 30.22 (+0.65), SPR: 46.04 (+3.08), TXT: 38.61 (+0.40), BA: 131.89 (+0.29), LLL: 150.02 (-0.24)
LRAD(R) Corporation Appoints Richard S. Danforth as Chief Executive Officer
ACCESSWIRE - Tue Aug 02, 10:00AM CDT
Board of Directors Selects Defense Industy Veteran to Lead Company
LRAD: 1.93 (-0.09), RTN: 140.88 (-0.32)
Defense Stocks to Watch for Earnings on Aug 3: ATRO & SPR
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 7:18AM CDT
We have seen Q2 results from 95.6% of the defense sector's total market cap, as of Jul 29. Let's take a look at a couple of defense stocks that are scheduled to report second-quarter earnings on Aug 3.
GD: 148.19 (-0.03), LMT: 256.62 (-0.38), RTN: 140.88 (-0.32), NOC: 219.00 (+0.32), ATRO: 38.35 (+0.18), SPR: 46.04 (+3.08), BA: 131.89 (+0.29), LLL: 150.02 (-0.24)
Raytheon opens new cyber center in Augusta, Georgia
PR Newswire - Mon Aug 01, 7:00AM CDT
Raytheon Company (NYSE: RTN) has opened its newest cyber facility in Augusta, Georgia, to deliver a wide range of cybersecurity capabilities to the U.S. Department of Defense, particularly the U.S. Army Cyber Command as it relocates to Fort Gordon.
RTN: 140.88 (-0.32)
Triumph (TGI) Stock Down on Q1 Earnings Miss; Cuts View
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 8:15AM CDT
Triumph Group Inc.'s (TGI) adjusted earnings from continuing operations for first-quarter fiscal 2017 (ended Jun 30, 2016) came in at $1.04 per share, missing the Zacks Consensus Estimate of $1.13 by 8.7%.
RTN: 140.88 (-0.32), TGI: 30.22 (+0.65), AIR: 23.80 (+0.20), COL: 84.87 (+0.56)
Raytheon to service Swiss radar warning receiver
PR Newswire - Fri Jul 29, 7:00AM CDT
Raytheon Company (NYSE: RTN) has signed its first commercial performance based logistics contract with RUAG Switzerland Ltd., a five-year agreement to service the ALR-67(V)3, an advanced digital radar warning receiver, for the Swiss government. The ALR-67(V)3 warns F-18 pilots of potentially hostile activities, offering real-time situational awareness.
RTN: 140.88 (-0.32)
Raytheon Rises 1.37% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Jul 28, 12:40PM CDT
Raytheon (NYSE:RTN) traded in a range yesterday that spanned from a low of $135.10 to a high of $137.66. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $136.88 on volume of 926,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
RTN: 140.88 (-0.32)
Watch for Raytheon to Potentially Pullback After Gaining 1.37% Yesterday
Comtex SmarTrend(R) - Thu Jul 28, 12:38PM CDT
Raytheon (NYSE:RTN) traded in a range yesterday that spanned from a low of $135.10 to a high of $137.66. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $136.88 on volume of 926,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
RTN: 140.88 (-0.32)
Raytheon (RTN) Beats on Q2 Earnings, Boosts EPS Outlook
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 9:13AM CDT
Raytheon Company (RTN) reported second-quarter 2016 adjusted earnings from continuing operations of $1.75 per share, beating the Zacks Consensus Estimate of $1.70 by 2.9%.
GD: 148.19 (-0.03), LMT: 256.62 (-0.38), RTN: 140.88 (-0.32), NOC: 219.00 (+0.32)
Q2 Earnings Mix with Early Econ Data: FB, GRPN, ORCL, F, MC
Mark Vickery - Zacks Investment Research - Thu Jul 28, 8:57AM CDT
More Q2 numbers than one can shake a stick at, plus a forward look to jobs data next week and a big acquisition by Oracle (ORCL) hit the headlines this morning.
WFM: 30.38 (+0.22), F: 12.09 (+0.15), FB: 122.63 (-0.46), RTN: 140.88 (-0.32), N: 108.74 (-0.04), GRPN: 5.36 (+0.26), MC: 24.52 (+0.10), ORCL: 40.72 (+0.01), CRM: 79.94 (-0.56)
Raytheon (RTN) Beats on Q2 Earnings, Boosts View
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:47AM CDT
Raytheon (RTN) surpassed on earnings expectations. Our consensus called for EPS of $1.70, and the company reported adjusted EPS of $1.75.
RTN: 140.88 (-0.32)
Raytheon Reports Strong Second Quarter 2016 Results
PR Newswire - Thu Jul 28, 5:55AM CDT
Raytheon Company (NYSE: RTN) today announced net sales for the second quarter 2016 of $6.0 billion, up 3 percent compared to $5.8 billion in the second quarter 2015.
RTN: 140.88 (-0.32)
Defense Stocks Earnings Slated for Jul 28: RTN, LLL, TGI, LDOS
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 8:06AM CDT
Four defense companies ??? Raytheon Company (RTN), L-3 Communications Holdings Inc. (LLL), Triumph Group, Inc. (TGI) and Leidos Holdings, Inc. (LDOS) ??? are all scheduled to release quarterly results before the opening bell on Jul 28.
LMT: 256.62 (-0.38), RTN: 140.88 (-0.32), TGI: 30.22 (+0.65), TXT: 38.61 (+0.40), COL: 84.87 (+0.56), LLL: 150.02 (-0.24), LDOS: 49.00 (+0.65)
Raytheon launches NSA-certified, next-generation Ethernet encryption system
PR Newswire - Wed Jul 27, 8:00AM CDT
The National Security Agency has certified Raytheon Company's (NYSE: RTN) KG-350 Ethernet encryption system to protect network communications for sensitive information up to Top Secret/SCI classification. The Type 1 certification gives Raytheon authorization to sell the groundbreaking KG-350 encryptor to commercial, military and government customers immediately.
RTN: 140.88 (-0.32)
Should You Buy Raytheon (RTN) Ahead of Earnings?
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 7:56AM CDT
Raytheon (RTN) could be an interesting stock for investors ahead of earnings, as it has a positive ESP and a favorable Zacks Rank.
RTN: 140.88 (-0.32)