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Northrop Grumman Corp

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  • *General Dynamics, Northrop beat profit estimates. *General Dynamics reports higher aerospace orders. July 23- U.S. weapons makers General Dynamics Corp and Northrop Grumman Corp raised their 2014 profit forecasts as cost cutting allowed them to improve profitability even as defense spending by the U.S. government remained low.

  • July 23- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a better-than-expected quarterly profit, as lower operating costs boosted margins. General Dynamics' shares rose 2.9 percent before the bell. General Dynamics said its total potential contract value, the sum of all backlog components, rose 29 percent to $99.5 billion.

  • July 23- U.S. weapons maker Northrop Grumman Corp reported a 5 percent rise in quarterly profit and raised its 2014 earnings forecast. The company's net income rose to $511 million, or $2.37 per share, in the second quarter ended June 30, from $488 million, or $2.05 per share, a year earlier.

  • Midday Glance: Aerospace companies Tuesday, 22 Jul 2014 | 1:57 PM ET

    Boeing rose$. 79 or. 6 percent, to $129.09. Northrop Grumman Corp. rose$. 93 or. 7 percent, to $126.05. Raytheon rose$. 93 or 1.0 percent, to $96.75.

  • Early Glance: Aerospace companies Tuesday, 22 Jul 2014 | 11:16 AM ET

    Boeing rose$. 78 or. 6 percent, to $129.08. Lockheed Martin Corp. rose $3.53 or 2.2 percent, to $166.51. Northrop Grumman Corp. rose$. 64 or. 5 percent, to $125.75.

  • Final Glance: Aerospace companies Monday, 21 Jul 2014 | 6:01 PM ET

    Boeing rose$. 66 or. 5 percent, to $128.30. Lockheed Martin Corp. rose$. 49 or. 3 percent, to $162.98. Northrop Grumman Corp. rose $1.25 or 1.0 percent, to $125.12.

  • Malaysian plane crash stirs volatility Thursday, 17 Jul 2014 | 2:48 PM ET
    An armed pro-Russian separatist stands at a site of a Malaysia Airlines Boeing 777 plane crash in the settlement of Grabovo in the Donetsk region, July 17, 2014.

    News of Malaysian Air 17's crash in Eastern Ukraine sent a ripple effect through the markets, says "Fast Money" trader Jon Najarian.

  • Midday Glance: Aerospace companies Wednesday, 16 Jul 2014 | 2:54 PM ET

    Boeing fell $1.72 or 1.3 percent, to $127.38. Lockheed Martin Corp. fell$. 87 or. 5 percent, to $161.75. Northrop Grumman Corp. fell$. 08 or. 1 percent, to $123.07.

  • Early Glance: Aerospace companies Wednesday, 16 Jul 2014 | 11:11 AM ET

    Boeing fell $1.23 or 1.0 percent, to $127.87. Lockheed Martin Corp. fell$. 97 or. 6 percent, to $161.65. Northrop Grumman Corp. fell$. 25 or. 2 percent, to $122.90.

  • Midday Glance: Aerospace companies Monday, 14 Jul 2014 | 1:29 PM ET

    Boeing rose $1.62 or 1.3 percent, to $129.71. Lockheed Martin Corp. rose $1.00 or. 6 percent, to $161.31. Northrop Grumman Corp. rose$. 49 or. 4 percent, to $122.16.

  • Early Glance: Aerospace companies Monday, 14 Jul 2014 | 10:47 AM ET

    Boeing rose $1.41 or 1.1 percent, to $129.50. Lockheed Martin Corp. rose$. 51 or. 3 percent, to $160.82. Northrop Grumman Corp. rose$. 34 or. 3 percent, to $122.01.

  • FARNBOROUGH, England, July 14- The U.S. and UK militaries are "not giving up" on bringing the Lockheed Martin F-35 Joint Strike Fighter to Britain for a high-profile air show this week after an engine fire prompted a fleetwide grounding, a top U.S. official said Monday.

  • Midday Glance: Aerospace companies Friday, 11 Jul 2014 | 1:37 PM ET

    Boeing rose$. 61 or. 5 percent, to $127.40. Lockheed Martin Corp. rose $1.42 or. 9 percent, to $159.60. Northrop Grumman Corp. rose $1.25 or 1.0 percent, to $121.17.

  • Early Glance: Aerospace companies Friday, 11 Jul 2014 | 10:30 AM ET

    Boeing fell$. 07 or. 1 percent, to $126.72. Lockheed Martin Corp. rose$. 55 or. 3 percent, to $158.73. Northrop Grumman Corp. rose$. 61 or. 5 percent, to $120.53.

  • Defense Secretary Chuck Hagel told military fliers on Thursday the stealthy F-35 attack plane had "issues" but was still "the future for our fighter aircraft" despite a fire that grounded the fleet and jeopardized its international debut in Britain.

  • "The LRS-B is a top modernization priority for the Air Force. The competition is expected to pit Northrop Grumman Corp, the maker of the B-2 bomber, against a combined team of Boeing Co and Lockheed Martin Corp, the two top weapons makers for the U.S. government. The Air Force has said it plans to buy as many as 100 new bombers for no more than $550 million each.

  • RAF FAIRFORD, England, July 10- Industry investment of $170 million over the next two years is expected to result in savings of $1.8 billion on the F-35 Joint Strike Fighter program, Lockheed Martin Corp's F-35 program manager Lorraine Martin told reporters on Thursday.

  • SACRAMENTO, Calif., July 3- California lawmakers on Thursday passed a tax credit meant to lure aerospace companies working on a new stealth bomber to the state, but the measure will benefit only one of two teams of companies fighting to win the contract.

  • Market's oddest investing ideas put to the test Friday, 27 Jun 2014 | 12:39 PM ET

    A Nashville ETF and robotics ETF are on a growing list of oddball market bets. We put them to the test: Do they hold up as investments?

  • The initial contract covers development and delivery of four Combat Rescue Helicopters based on the company's workhorse UH-60 Black Hawk, and caps nearly 15 years of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk rescue helicopters.