NEW YORK-- Shares in companies that do defense contracting work rose across the board Friday on the heels of a huge stock buyback program announced by Northrop Grumman, sending it and others to all-time highs. Shares of General Dynamics are up 22 percent over the past year, Lockheed Martin is up 28 percent, and Raytheon is up 33 percent.
Boeing rose $2.03 or 2.1 percent, to $98.61. Lockheed Martin Corp. rose $1.60 or 1.5 percent, to $105.60. Northrop Grumman Corp. rose $2.89 or 3.7 percent, to $81.91.
Boeing fell$. 44 or. 5 percent, to $96.58. Lockheed Martin Corp. fell$. 05 or percent, to $104.00. Northrop Grumman Corp. fell$. 41 or. 5 percent, to $79.02.
FALLS CHURCH, Va.-- Defense contractor Northrop Grumman Corp. said Thursday that its board approved the repurchase of another $4 billion in stock, and it plans to buy back a quarter of its outstanding shares by the end of 2015.. Northrop Grumman had 235.2 million shares as of April 19.
Boeing fell$. 09 or. 1 percent, to $96.93. Lockheed Martin Corp. rose$. 31 or. 3 percent, to $104.36. Northrop Grumman Corp. fell$. 15 or. 2 percent, to $79.28.
Boeing rose$. 04 or percent, to $97.06. Lockheed Martin Corp. rose$. 20 or. 2 percent, to $104.25. Northrop Grumman Corp. fell$. 10 or. 1 percent, to $79.33.
Boeing rose$. 91 or. 9 percent, to $97.02. Lockheed Martin Corp. rose $1.18 or 1.1 percent, to $104.05. Northrop Grumman Corp. rose$. 47 or. 6 percent, to $79.43.
WASHINGTON, May 15- The U.S. government will use classified information about software vulnerabilities for the first time to protect companies outside of the military industrial complex, top officials told Reuters this week.
Boeing rose $1.24 or 1.3 percent, to $97.35. Lockheed Martin Corp. rose$. 69 or. 7 percent, to $103.56. Northrop Grumman Corp. rose$. 46 or. 6 percent, to $79.42.
Boeing rose$. 18 or. 2 percent, to $96.29. Lockheed Martin Corp. fell $1.01 or 1.0 percent, to $101.86. Northrop Grumman Corp. fell$. 35 or. 4 percent, to $78.61.
Boeing rose $1.35 or 1.4 percent, to $96.11. Lockheed Martin Corp. rose$. 98 or 1.0 percent, to $102.87. United Technologies Corp. rose$. 98 or 1.0 percent, to $95.93.
BUSH, May 14- The U.S. Navy made aviation history on Tuesday by launching an unmanned jet off an aircraft carrier for the first time, taking an important step toward expanded use of drones by the American military with an eye on possible rivals like China and Iran.
BUSH, May 14- The U.S. Navy made aviation history on Tuesday by launching an unmanned jet off an aircraft carrier for the first time, taking an important step toward expanded use of drones by the American military with an eye on possible rivals like China and Iran.
Boeing rose $1.04 or 1.1 percent, to $95.80. Lockheed Martin Corp. rose$. 91 or. 9 percent, to $102.80. Northrop Grumman Corp. rose $1.23 or 1.6 percent, to $78.79.
Boeing rose$. 32 or. 3 percent, to $95.08. Lockheed Martin Corp. rose$. 05 or percent, to $101.94. Northrop Grumman Corp. rose$. 49 or. 6 percent, to $78.05.
Boeing rose$. 52 or. 6 percent, to $94.76. Lockheed Martin Corp. fell$. 05 or percent, to $101.89. Northrop Grumman Corp. fell$. 37 or. 5 percent, to $77.56.