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Raytheon Co

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  • 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.

  • Cramer: As ISIS grows, so do defense stocks Tuesday, 23 Dec 2014 | 6:56 PM ET
    A KC-135 Stratotanker from Fairchild Air Force Base, Wash., refuels a B-1B Lancer during a training exercise Sept. 23, 2014, over South Dakota.

    As the U.S. reduces its military budget, Jim Cramer sees allied countries are arming themselves. This is good news for one group of stocks.

  • Midday movers: Facebook, Chevron, Tesco & more Monday, 22 Dec 2014 | 12:46 PM ET

    Some of Monday midday movers:

  • SYDNEY, Dec 9- Defence contractors BAE Systems Plc, Navantia SA and Raytheon Co will increase their roles in Australia's A $8.5 billion warship building project as the country tries to get the troubled programme back on track. Australia's Air Warfare Destroyer project has been blighted by long delays and cost blowouts. BAE, Navantia and Raytheon were chosen to...

  • Boutrous represented the world's largest retailer, Wal-Mart, in one of the most anticipated business cases in years. Gibson Dunn is not the only law firm to turn Supreme Court appearances into gold. After the firm Sidley Austin won a Supreme Court patent case for eBay, it earned at least $10 million in unrelated legal fees from the online retailer, say people with...

  • Slower growth times ahead favor these stocks Tuesday, 25 Nov 2014 | 10:50 AM ET
    A backdrop is installed ahead of a press briefing on the Lockheed Martin BST F-35 at the Farnborough air show in Farnborough, Hampshire on July 14, 2014.

    As the U.S. economy settles into tepid growth, investors should buy stocks whose revenues are not dependent on the economic cycle, history shows.