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Defense Defense Contractors

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  • The Chicago-based company tweaked its 767 design to improve fuel efficiency, among other factors, in hopes of beating  rival Northrop Grumman.

  • Northrop Grumman and its Franco-German partner EADS will bid against Boeing  in a $40 billion U.S. competition for new aerial refueling tankers, Northrop announced today.

  • Lockheed Profit Handily Beats Expectations Thursday, 25 Jan 2007 | 7:09 AM ET

    Defense company Lockheed Martin cruised past quarterly profit and sales targets, and the company also boosted its profit forecast for the current year.

  • General Dynamics Profit Edges Up; Shares Drop Wednesday, 24 Jan 2007 | 1:23 PM ET

    The company, which makes Abrams tanks and Stryker combat vehicles for the U.S. Army as well as Gulfstream jets, reported net profit of $408 million, or $1 a share, compared with $406 million, or $1 a share, a year earlier.

  • Viewer Emails On U.S. Defense Stocks Tuesday, 2 Jan 2007 | 10:56 AM ET

    The U.S. government spent some $30 billion on the defense in 2006--and that helped make stocks in the sector quite valuable to investors. As we look into 2007, the question about how defense stocks will do this year was a topic on "Morning Call" (we had viewer email submissions). The question may be even more important as the Democrats take control of Congress.

  • F-35 Fighter Completes First Flight Friday, 15 Dec 2006 | 5:03 PM ET

    The F-35's safe first flight is an important step toward full production of the $276.5 billion fighter project, which Lockheed Martin is developing.

  • Harwood And Duffy On Iraq Study Group Tuesday, 5 Dec 2006 | 1:21 PM ET

    The Iraq Study Group will bring its long awaited recommendations to President Bush on Wednesday--but it remains to be seen just how closely the Bush administration will adhere to its proposals. On CNBC’s “Power Lunch” --Bill Griffeth discussed the group with Michael Duffy, Time magazine’s Washington Bureau Chief and John Harwood--CNBC Chief Washington Correspondent.

  • Lockheed Martin Sets New High Monday, 4 Dec 2006 | 5:07 PM ET

    Lockheed Martin shares  hit an all-time high on reports of new aircraft orders from the U.S. Air Force.