The CNBC RQ 50 identifies companies that don't just spend big on R&D, but spend right, creating return on innovation for shareholders.» Read More
Boeing fell$. 05 or percent, to $124.07. Lockheed Martin Corp. rose$. 30 or. 2 percent, to $169.80. Northrop Grumman Corp. rose$. 15 or. 1 percent, to $125.16.
In July, lawmakers grudgingly approved a $420 million tax credit that would benefit a joint bid being submitted by Boeing Co. and Lockheed Martin Corp. The governor signed the fast-tracked AB2389 into law after his office assured competitor Northrop Grumman Corp. that it would receive a similar deal.
*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.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
News of Malaysian Air 17's crash in Eastern Ukraine sent a ripple effect through the markets, says "Fast Money" trader Jon Najarian.
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.
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.
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.
The contract covers development and delivery of four new Combat Rescue Helicopters and caps over a decade of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk helicopters.
High-tech business formation is happening in those states funneling dollars to R&D. Here's a look at states on the forefront of change.
Ground-Based Midcourse Defense weapons system designed to destroy incoming ballistic missiles launched by North Korea or Iran. The Pentagon's Missile Defense Agency has 30 ground-based interceptors at military bases in California and Alaska.
WASHINGTON, June 20- The Pentagon is restructuring a $3.48 billion contract with Boeing Co for management of the troubled U.S. homeland missile defense program, said two sources familiar with the situation.
*U.S. Navy names General Dynamics, Lockheed units "superior suppliers". WASHINGTON, June 13- The U.S. Navy on Friday named units of top arms makers General Dynamics, Lockheed Martin Corp and Raytheon Co as part of its list of the top-performing nine suppliers for 2014 based on their performance over the last three years.
NEW YORK, June 13- With the possibility of escalating violence in Iraq, stocks in the defense sector could garner more attention next week.