Northrop Grumman Corp (NYSE:NOC)

Lockheed T-50

Lockheed Air Force Training Jet Makes First Flight

Just four months after announcing that it had scrapped the idea of developing a clean sheet design for a new training jet for the U.S. Air Force, Lockheed Martin Corp. ...
Read Full Story »
The Pentagon

Is It Time to Sell Defense Stocks?

The U.S. Congress is currently debating the 2017 National Defense Authorization Act (NDAA), and it's really anyone's guess what the outcome will be. The U.S. House of Representatives passed its ...
Read Full Story »
ThinkstockPhotos-475472230

Top Analyst Upgrades and Downgrades: Cisco, CSX, Hilton, L Brands, Lockheed Martin, Salesforce, Teck Resources, Tesoro and More

Stocks were indicated a tad lower on Thursday, but not so much that the path of the day looks set in stone. The Dow and S&P 500 might be swinging ...
Read Full Story »
LRS-B B-3

Deutsche Bank Aerospace and Defense Stocks to Buy Also Pay Solid Dividends

If Thursday is any indication, the market is nervous about first-quarter earnings, and after a big run off the lows posted in February, it looks as though people are taking ...
Read Full Story »
M-346 Jet Trainer

Air Force Pushes Bid Deadline for Training Jet to December

The U.S. Air Force on Monday announced that its planned request for bids to build the service's new training jet, called the T-X for now, will be delayed by three ...
Read Full Story »
White House

Which Stocks to Buy and Which to Sell If Donald Trump Wins the White House

As implausible as it seemed last year and as surreal as it is now, Donald Trump is the only presidential front-runner in the race not under the simmering threat of ...
Read Full Story »
Boeing KC-46A refuel

Boeing Names New Defense Chief, Drops Bomber Challenge

When the Government Accountability Office (GAO) last week rejected the appeal from Boeing Co. (NYSE: BA) and Lockheed Martin Corp. (NYSE: LMT) related to the awarding of an $80 billion ...
Read Full Story »
M-346 Jet Trainer

Raytheon to Join Bidding for Air Force Training Jet Contract

Ever since General Dynamics Corp. (NYSE: GD) decided last March to drop its partnership with Italy's Alenia Aermacchi to bid on the U.S. Air Force's T-X training jet, the Italian ...
Read Full Story »
LRS-B B-3

Boeing, Lockheed Lose Protest Over New Bomber

The Government Accountability Office (GAO) on Tuesday rejected a protest filed by Boeing Co. (NYSE: BA) and Lockheed Martin Corp. (NYSE: LMT) challenging the award of a contract to build ...
Read Full Story »
T-50A LMT 2-16

Lockheed Changes Course on New Air Force Training Jet

For the past several months, Lockheed Martin Corp. (NYSE: LMT) and its partner, Korean Aerospace Inc. (KAI), have been considering a clean-sheet design for a new U.S. Air Force training ...
Read Full Story »
LRS-B B-3

New Bomber Safe in Obama Administration’s 2017 Budget

When President Obama revealed his $4.1 trillion fiscal year 2017 budget on Tuesday, the defense portion of the spending request totaled $619 billion, up less than 1% compared with the ...
Read Full Story »
Air Defense Missiles

Companies Profiting the Most From War

Since the conclusion of World War II, the United States and a number of Western European nations have maintained extremely costly military industrial complexes -- both in peacetime and during ...
Read Full Story »
F-35B

Defense Contractor Winners as Federal 2016 Budget Clears Congress

Both houses of Congress agreed early Friday on a $1.15 trillion federal budget for 2016. The budget bill now goes to President Obama, who is expected to sign it. The ...
Read Full Story »
bull and bear

Top Analyst Upgrades and Downgrades: ConAgra, Dean Foods, GrubHub, HCA, NetApp, Northrop Grumman, SolarCity, UnitedHealth and Many More

Stocks were indicated sharply higher again on Wednesday, even ahead of the Federal Reserve rate hike decision, wherein the Fed is expected to finally raise interest rates after almost a ...
Read Full Story »
F-35B

Pentagon Budget to Fall by $15 Billion for 2017

The National Defense Authorization Act (NDAA) that passed Congress last month, and to which President Obama added his signature, calls for total defense spending of $607 billion in fiscal year ...
Read Full Story »