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Raytheon Co

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  • The policy, the details of which are classified, comes after a two-year review amid growing demand from U.S. allies for the new breed of weapons that have played a key role in U.S. military action in Afghanistan, Iraq and Yemen. Privately held General Atomics, maker of the Predator and Reaper drones, Northrop Grumman Corp, Textron Inc and other arms makers have been...

  • Early movers: AAPL, HAS, TE, FOXA, INTU & more Monday, 9 Feb 2015 | 7:51 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.

  • Cash withdrawals totaled $150 billion from Pimco's U.S. open-end mutual funds in 2014. In January, investors pulled $11.6 billion from the Pimco Total Return Fund. 'said Mendel Melzer, chief investment officer for The Newport Group, a Heathrow, Florida- based consultant to institutional investors, including 400 retirement plans, with $21 billion in assets...

  • WASHINGTON, Feb 2- The U.S. Air Force's fiscal 2016 budget plan earmarks $7.1 billion for space programs, including a 10th Global Positioning System III satellite by Lockheed Martin Corp, and sets the stage for future competition for such satellites. Lockheed won the contract to build GPS-III satellites in 2008, beating out Boeing Co, which had built earlier GPS...

  • -$3.4 billion for 16 P-8 maritime surveillance planes built by Boeing Co.. -$3 billion for continued development of Boeing's KC-46A refueling planes, or tankers. -$11.6 billion for nine new ships, including smaller coastal warships built by Lockheed and Australia's Austal, an aircraft carrier being built by Huntington Ingalls Industries, and other submarines...

  • WASHINGTON, Feb 2- The U.S. Air Force's fiscal 2016 budget plan earmarks $7.1 billion for space programs, including a 10th Global Positioning System III satellite by Lockheed Martin Corp, and sets the stage for future competition for such satellites. The Air Force had no immediate details on the potential competition, how many satellites it would include, or when...

  • WASHINGTON, Feb 2- The U.S. Defense Department's budget request released on Monday would boost funding for research, development and procurement of weapons by 13 percent to $190 billion in fiscal 2016, including nearly $11 billion for the Lockheed Martin Corp F-35 fighter jet. -$3.4 billion for 16 P-8 maritime surveillance planes built by Boeing Co..

  • WASHINGTON, Feb. 1- Resilience, innovation and advances in technology will be key factors as NATO maps out a multibillion-dollar effort to replace its aging fleet of 17 Boeing Co E-3 Sentry Airborne Warning and Control System aircraft, a top NATO official told Reuters. "This a very crucial project for NATO for the next two decades," Palomeros told Reuters last week...

  • Midday movers: Boeing, Kate Spade, Viacom & more Thursday, 29 Jan 2015 | 1:18 PM ET
    NYSE New York Stock Exchange Wall Street

    Some of Thursday's midday movers:

  • WASHINGTON, Jan 29- Raytheon Co on Thursday said it has "turned a corner" on problems with the ground control system it is building for the U.S. Air Force's Global Positioning System satellites, and does not expect any impact on financial results. Chief Executive Officer Tom Kennedy said the company had worked closely with the Air Force to resolve issues with the...

  • *Expects 2015 earnings $9.20- $9.50/ share vs est $9.11. *Earnings $2.48/ share vs est $2.25. U.S. defense suppliers have cut costs and increased sales to markets outside the United States as the Pentagon tries to cut about $1 trillion in spending over a decade as required by a 2011 law.

  • Jan 29- U.S. weapons maker Raytheon Co on Thursday forecast 2015 revenue largely below average analyst expectations as orders fell, and said profit margins would drop further to just over 12 percent, sending its shares down 5 percent. Raytheon Chief Financial Officer Dave Wajsgras told Reuters he expected low single-digit revenue growth in 2016, with...

  • Jan 29- U.S. weapons maker Raytheon Co on Thursday forecast 2015 revenue largely below average analyst expectations as orders fell for the first time in four quarters, but said it expected a return to modest revenue growth in 2016.. Raytheon Chief Financial Officer Dave Wajsgras told Reuters he expected low single-digit revenue growth in 2016, with...

  • Jan 29- U.S. weapons maker Raytheon Co forecast 2015 revenue largely below average analyst expectation as orders fell for the first time in four quarters. Raytheon said its dividend payments increased 6 percent to $735 million last year. Net income attributable to Raytheon rose to $582 million, or $1.88 per share, in the fourth quarter, from $531 million, or $1.66...

  • Midday movers: Lockheed Martin, Plantronics & more Tuesday, 27 Jan 2015 | 1:05 PM ET
    Wall Street subway station NYSE

    Some of Tuesday's midday movers:

  • Which is better: Massachusetts or Washington? Monday, 26 Jan 2015 | 11:59 AM ET

    Massachusetts vs. Washington, home states of the two Super Bowl teams. Which state has the better economy and quality of life?

  • WASHINGTON, Jan 21- The U.S. Air Force confirmed on Wednesday that it would re-evaluate bids it had received for a long-range radar system, resolving protests filed by Lockheed Martin and Northrop Grumman about a contract won by Raytheon in October. The Air Force said a new round of discussions with bidders on technical evaluations and pricing analysis may take...

  • WASHINGTON, Jan 20- The U.S. Air Force has agreed to reevaluate bids received in a competition for a long-range radar system initially awarded to Raytheon Co, after protests filed by losing bidders Northrop Grumman Corp and Lockheeed Martin Corp, two sources familiar with the matter said on Tuesday. The Air Force's action is expected to resolve the two separate...

  • LOS ANGELES, Jan 8- As chefs in California hurried to stock their kitchens with newly legal foie gras, animal rights activists on Thursday protested a federal judge's decision overturning the state's two-year ban on sales of the fatty liver of ducks and geese. Chefs said they were scrambling to line up shipments from outside California while activists...

  • America's new defense against attacks...blimps? Wednesday, 31 Dec 2014 | 11:57 AM ET
    JLENS about to launch.

    The US Army is testing a giant radar-bearing balloon that will monitor the east coast for missile and drone attacks headed for US soil.