U.S. Department of Defense

Air defense missiles

JPMorgan Lifts Price Targets on Defense Stocks, Names Top Pick

Investors may buy stocks in defense contractors because of their record of dividend payments and share repurchases for good reasons. Over the past five years, the best performing defense stock has ...
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The Pentagon

GAO Criticizes Air Force Decision to Scrap A-10 Warthogs

In an effort to save money, the U.S. Air Force has announced plans to retire its 40-year old A-10 close air support (CAS) aircraft beginning in 2018. Congressional opposition to ...
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Boeing T-X peek

Boeing Offers Sneak Peek at New Air Force Training Jet

After the release of the U.S. Air Force request for proposal (RFP) for a new training jet, the four competitors have all now either shown a modified version of a ...
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The Pentagon

Northrop Grumman Testing New Air Force Training Jet

A consortium led by Northrop Grumman Corp. (NYSE: NOC) has begun testing its clean-sheet design for a new U.S. Air Force training jet to replace the decades old T-38. According ...
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KC-46 refuels A-10 during Milestone C test

Air Force Awards Boeing $2.8 Billion Contract for New Tanker

The U.S. Air Force has awarded a contract valued at $2.8 billion to Boeing Co. (NYSE: BA) to produce the first 19 new KC-46A tankers. The contract comes about a ...
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Air defense missiles

Potential Game-Changing NATO Order Bundling for Precision-Guided Munitions

There is some potentially big news in the defense and warfare industry, but more in process than in size. It is also important to realize that this is not yet ...
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F-35B

US Air Force Declares F-35A Combat-Ready

Defense contractor Lockheed Martin Corp. (NYSE: LMT) received some very good news Tuesday. The company's F-35A has been declared ready for combat by the U.S. Air Force, and the 34th ...
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T-50A LMT 2-16

Air Force Releases Draft Proposal for New Training Jet

Four teams are expected to compete for the contract for a new U.S. Air Force training jet: Boeing Co. (NYSE: BA) has joined with Saab and they are expected to ...
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BBD-CS300 airBaltic

Rockwell Collins Earnings Tied to Airbus, Boeing

Rockwell Collins Inc. (NYSE: COL) reported third-quarter fiscal 2016 results before markets opened Monday. The defense company posted diluted earnings per share (EPS) of $1.63 on revenues of $1.33 billion. ...
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Boeing logo

Boeing to Take $2 Billion in Q2 Charges

When Boeing Co. (NYSE: BA) reports earnings July 27, the company will recognize impacts to earnings of $2.05 billion on three different programs. We'll have more detail later, but here's ...
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KC-46 refuels A-10 during Milestone C test

New Boeing Tanker Passes Final Flight Test

Just last week the new U.S. Air Force Tanker, the KC-46A, passed the fifth of six flight refueling tests, passing fuel from Boeing Co.'s (NYSE: BA) troubled plane to ...
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KC-46A F/A-18

Boeing Tanker Successfully Refuels Air Force Cargo Plane

The saga of the new U.S. Air Force tanker is now about 15 years old and the service has yet to receive one new plane. It took roughly 10 years for ...
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T-100

Raytheon Reveals Training Jet Design

Raytheon Co. (NYSE: RTN) used the occasion of the Farnborough Air Show to unveil its candidate to replace the U.S. Air Force's fleet of T-38 training jets. The T-100, as ...
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F-35B

Lockheed, UTC Win $2 Billion for F-35 Fighter

The U.S. Navy on Thursday awarded two contracts for the F-35 Joint Strike Fighter with a combined value of more than $2 billion. The Pratt & Whitney division of United ...
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The Pentagon

SAIC Beats Estimates as Scitor Revenues Top Rising Costs

Science Applications International Corp. (NYSE: SAIC) reported first-quarter 2017 results before markets opened Monday. The defense technology integrator and contractor posted adjusted diluted earnings per share (EPS) of $0.80 on revenues ...
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