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Northrop Grumman Corp

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  • April 29- U.S. arms maker Northrop Grumman Corp on Wednesday said first quarter earnings were weakened by pension adjustments and tighter aerospace margins, but profits and sales topped Wall Street forecasts and the company raised its full year outlook. Net earnings declined to $484 million, or $2.41 per share, from $579 million, or $2.63 per share, a year earlier.

  • April 29- U.S. weapons maker Northrop Grumman Corp on Wednesday reported a drop in first-quarter earnings but topped estimates, and raised its full-year outlook. Net earnings declined to $484 million, or $2.41 per share, from $579 million, or $2.63 per share, a year earlier. The company raised its earnings forecast for the full year to a range of $9.40 to $9.60 from...

  • WASHINGTON, April 29- U.S. weapons maker Northrop Grumman Corp on Wednesday reported higher-than-expected earnings and revenues for the first quarter, and raised its earnings outlook for the full year. Earnings per share fell 8.4 percent to $2.41 from $2.63 a year earlier. The company said it was raising its earnings forecast for the full year to a range of $9.40...

  • NEW YORK, April 27- Investors will rake in more than $1 trillion in 2015 as U.S. companies increase stock buybacks and boost dividends, Goldman Sachs Group Inc said, with benefits coming soon as many S&P 500 companies exit a blackout period for repurchases next week. "Corporate activity in early 2015 supports our view that the S&P 500 will return more than $1...

  • PARIS, April 27- Sweden's Saab AB on Monday ruled out facilitating the sale of Gripen fighter aircraft to Argentina as the result of a deal to build and export combat jets from Brazil. Saab said it was not involved in any discussions involving Argentina. Saab has sold 60 Gripen Es to Sweden and is finalizing an order for another 36 to Brazil, which will also...

  • Why the S&P could break out this week Monday, 27 Apr 2015 | 7:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • Bulls sniffing out an S&P breakout Monday, 27 Apr 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • South Korea seeks bigger role in global arms bazaar Wednesday, 22 Apr 2015 | 4:53 AM ET

    While Park did not come away with a new contract, state-run Korea Aerospace Industries is in the running for a contract to supply Peru with 24 of its FA-50 fighter jets, worth as much as $2 billion. The industry, developed mostly with American technology during a decades-long standoff with North Korea, is hoping to sustain that growth by selling beyond its main...

  • COLORADO SPRINGS, Colo., April 17- The United States needs disruptive new technologies, new ways of acquiring equipment and bandwidth, and closer ties with global allies to stay ahead of growing challenges in space from China, Russia and others, the head of U.S. General John Hyten said the United States had been bracing for threats to its satellite systems for years,...

  • Lightning Round: I say this is an opportunity Monday, 13 Apr 2015 | 7:00 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • WASHINGTON, April 2- Boeing Co on Thursday said it will ramp up lobbying efforts to extend production of its F/A-18 fighter jets beyond the end of 2017 after the U.S. Navy asked Congress to fund 12 airplanes not included in the 2016 budget proposal. Dan Gillian, who runs the F/A-18E/F and EA-18G electronic attack jet programs for Boeing, told Reuters the company had...

  • WASHINGTON, March 27- The U.S. Defense Department on Friday said it will be "demanding but fair" in negotiations with Lockheed Martin Corp for the next two batches of F-35 fighter jets, one of the Pentagon's largest-ever sole-source contracts. We intend to be a demanding but fair customer, " Shay Assad, the Pentagon's director of defense pricing, told Reuters in an...

  • WASHINGTON, March 26- The Pentagon's notoriously slow, bureaucratic and wasteful acquisition system is eroding America's military technological edge and must be reformed, Senator John McCain, the chairman of the Senate Armed Services Committee, said on Thursday. The Arizona Republican, a former presidential candidate and prisoner of war during the Vietnam...

  • Lightning Round: This has overstayed its welcome Monday, 23 Mar 2015 | 7:19 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Potential buyers include Boeing Co, Textron Inc, Airbus and BAE Systems and even Lockheed Martin Corp.. Chief Pentagon arms buyer Frank Kendall told UTC that the Defense Department would not object to a spinoff, a source told Reuters. A former defense official said the Pentagon would probably insist that Sikorsky was well capitalized to ensure its survival.

  • Air Force officials are due to meet with Pentagon chief arms buyer Frank Kendall on Wednesday to map out an acquisition strategy for the new program, David Madden, executive director of the Air Force's Space and Missiles Systems Center told a breakfast meeting hosted by the nonprofit Mitchell Institute. Lockheed Martin Corp is under contract to build the...

  • Cramer Remix: Stocks roaring on execution Thursday, 5 Mar 2015 | 7:06 PM ET
    Jim Cramer on Mad Money.

    This stock is crushing it, and “Mad Money” host Jim Cramer says it’s all about execution.

  • Cramer's aerospace stock catapulting even higher Thursday, 5 Mar 2015 | 6:24 PM ET
    An HH-60H Seahawk of Helicopter Anti-Submarine Squadron Seven (HS-7), test dispense flares and chaff from the on board AN/AAR-47 system.

    The aerospace and defense sector has been on fire recently. Jim Cramer shares his top stock that will fly higher.

  • Air Force acquisition chief William LaPlante said the Air Force would likely also adopt a "cost-plus" type contract for the development phase of the new bomber, given that it would include more new technologies than mature technologies. The Air Force expects to award a contract valued at $50 billion to $80 billion this summer for development and procurement of...

  • WASHINGTON, Feb 27- The Air Force urgently needs a new long-range bomber to replace its aging fleet and will keep costs at or below a $550 million cap for each warplane, top U.S. officials told lawmakers on Friday. Air Force Secretary Deborah James said the Air Force understood that runaway costs had to be contained, and noted that a sharp reduction from the planned...