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  • Cramer: Best defense stocks ripping up the market Friday, 29 May 2015 | 6:25 PM ET
    The patriot missile is manufactured at Raytheon's Integrated Air Defense Center in Andover.

    Jim Cramer highlights that the U.S. is spending less on our military, but does that mean defense stocks are a lost cause? Maybe not.

  • BERLIN, May 15- Germany's defense ministry has decided to buy MEADS, a successor to the Patriot missile defense system developed by European defense group MBDA and U.S. weapons maker Lockheed Martin Corp, German newspaper Sueddeutsche Zeitung reported on Friday. The newspaper, which did not identify its sources, said the Lockheed-lead MEADS consortium had...

  • BERLIN, May 15- Germany's defense ministry has decided to buy MEADS, the successor to the Patriot missile defense system from the firm MBDA, German newspaper Sueddeutsche Zeitung reported on Friday. The newspaper, which did not identify its sources, said MBDA, along with U.S. firm Lockheed Martin, would make the MEADS system ready for series production.

  • WASHINGTON, May 13- The U.S. Air Force on Wednesday said it would re-evaluate bids received in a $1 billion long-range radar competition after a federal court dismissed a Raytheon Co lawsuit that sought to halt a fresh look at the bidders of its losing rivals Northrop Grumman Corp and Lockheed Martin Corp.. The companies on Tuesday said the U.S. Court of Federal...

  • WASHINGTON, May 13- The U.S. Air Force on Wednesday said it would immediately reevaluate bids received in a long-range radar competition after a federal court dismissed a lawsuit filed by Raytheon Co that was aimed at staving off protests filed by losing bidders Northrop Grumman Corp and Lockheed Martin Corp.. "The court's ruling... frees us to continue moving...

  • WASHINGTON, May 12- A federal judge has dismissed a lawsuit filed by Raytheon Co, freeing the U.S. Air Force to re-evaluate bids it got for a new long-range radar won by Raytheon but challenged by rivals Lockheed Martin Corp and Northrop Grumman Corp, Lockheed said in a statement. The decision marks a setback for Raytheon, which hopes to hold on to a contract that...

  • April 23- U.S. weapons maker Raytheon Co's chief financial officer said he was "really excited" about the strength of international orders, after the maker of Tomahawk and Amraam missiles reported better-than-expected quarterly sales on Thursday. Raytheon's bookings rose 4.1 percent in the first quarter, partly due to a $769 million order for its Patriot...

  • Raytheon sales fall amid weak U.S. defense spending Thursday, 23 Apr 2015 | 7:06 AM ET

    April 23- U.S. weapons maker Raytheon Co, the maker of Tomahawk and Amraam missiles, reported a 4 percent fall in quarterly sales as U.S. defense spending remained weak. Net income attributable to Raytheon fell to $551 million, or $1.79 per share, in the first quarter ended March 29, from $596 million, or $1.89 per share a year earlier. Raytheon said on Monday that it...

  • *France says Poland to have key industrial role. WARSAW, April 21- Poland said on Tuesday it would buy Raytheon's Patriot missiles from the United States and provisionally selected French Airbus helicopters as it speeds up the modernisation of its military amid tensions with Russia. Poland, a NATO member since 1999, had accelerated the process to select a...

  • WARSAW, April 21- Poland said on Tuesday it would buy Raytheon's Patriot missiles from the United States and chose Europe's Airbus utility helicopters for further tests, albeit reducing the size of this potential order. "The government has accepted Defence Minister Tomasz Siemoniak's recommendation on awarding the order of Patriot sets... to the government of...

  • *Gazeta Wyborcza daily reports Raytheon won $5 bln tender. WARSAW, April 21- Poland looks set to award a total of $8 billion in military contracts to Raytheon of the United States and Europe's Airbus, local media and industry sources said on Tuesday, striking a transatlantic balance as it faces rising tensions with Russia. And in what seems likely to be its biggest...

  • Early movers: DD, UTX, TRV, UA, HOG, VZ & more Tuesday, 21 Apr 2015 | 8:01 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • April 21- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, reported a 6 percent fall in quarterly profit, partly due to fewer aircraft deliveries. The company raised its 2015 earnings forecast to $10.85- $11.15 per share from $10.80- $11.10, and reiterated its revenue forecast of $43.50 billion- $45.00 billion. Lockheed's net income fell to $878 million,...

  • *Gazeta Wyborcza daily reports Raytheon won tender. WARSAW, April 21- Poland has chosen U.S. firm Raytheon, the maker of the Patriot missile, as the supplier for its medium-range missile defense system, Polish newspaper Gazeta Wyborcza reported on Tuesday. Last year, Poland short-listed Raytheon and a consortium of France's Thales and European group MBDA in its...

  • *Raytheon to pay about $1.6 bln, including debt. April 20- U.S. arms maker Raytheon Co is buying network security provider Websense Inc from private equity firm Vista Equity Partners LLC in a $1.9 billion deal, the latest in the fast-growing cybersecurity market. "We're seeing an exponential increase in the number of attacks by ultra-sophisticated attackers,"...

  • Early movers: MS, HAS, HAL, STI, NOK & more Monday, 20 Apr 2015 | 7:46 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • April 20- U.S. arms maker Raytheon Co said it would buy cybersecurity provider Websense Inc from private equity firm Vista Equity Partners LLC for $1.9 billion, including debt. Raytheon said it would combine its cybersecurity unit, valued at $400 million, with Websense. Vista Equity will then invest about $335 million for a 19.7 percent equity stake in the new...

  • Earnings next test for stocks after market wipeout Monday, 20 Apr 2015 | 5:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • April 17- U.S. arms maker Raytheon Co has agreed to buy Websense Inc from private equity firm Vista Equity Partners LLC, in a deal that values the network security company at $1.9 billion, including debt, according to people familiar with the matter. Raytheon will combine Websense with its own cybersecurity operations and have an 80 percent stake in the combined...

  • Earnings next test for stocks after market wipeout Friday, 17 Apr 2015 | 4:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.