defense industry

Lockheed Martin Corp.'s (NYSE: LMT) business unit, Missile and Fire Control, clinched a contract involving Joint Air-to-Surface Standoff Missile (JASSM). The award has been offered by the Air Force Life Cycle Management Center, Eglin Air Force Base, FL. Valued at $750.6 million, the contract is...

At first glance, the recent disruption of the Ukrainian economy may seem like it would have minimal impact on the U.S. or the global economy. But while Ukraine's GDP represents less than 0.2% of the global economy, its key roles in producing some important materials may soon start making...

Mercury Systems Inc (NASDAQ: MRCY) reported a 3% decline in organic earnings for the fiscal fourth quarter and announced disappointing guidance for fiscal 2022, citing the timing of awards, administration changes and customer execution issues as the reasons, according to BofA Securities. The...

Pentagon’s largest defense contractor Lockheed Martin Corp (NYSE: LMT) said on Tuesday Chief Financial Officer Ken Possenriede is retiring immediately “due to personal reasons” and named a company veteran as an interim replacement. What Happened: The maker of F-35 fighter jets...

Shares of Sigma Labs Inc. (NASDAQ: SGLB), a software developer for the commercial 3D metal printing industry, skyrocketed more than 128% on Monday. What Happened: The surge followed the company's announcement of securing a contract to provide an initial system of its PrintRite3D in-process...

Autonomous Solutions, Inc. (ASI), a provider of industrial vehicle autonomation solutions, has received Phase I funding from the U.S. Army Combat Capabilities Development Command Ground Vehicles Systems Center to improve the way heavy vehicles stop while operating autonomously. "Bringing large...

Headwinds for General Dynamics Corporation (NYSE: GD) in recent months now appear priced in just as those challenges are now being overcome, said Goldman Sachs in upgrading the F-16 and Gulfstream corporate jet maker’s stock. The Analyst Goldman Sachs analyst Noah Poponak upgraded General...

According to analysts from Buckingham Research Group, industrial company Oshkosh Corp. (NYSE: OSK) represents a fairly balanced risk/reward profile. The Analyst Analyst Neil Frohnapple initiated coverage on Oshkosh with a Neutral rating and a $76 price target. The Thesis Frohnapple remains...

Actually, not much. At least, not as much as they’d spent under other presidents or other diplomatic circumstances. Since the start of his term, President Donald Trump has authorized the deployment of the “Mother of All Bombs,” called to increase military presence in Afghanistan...

Defense budget priorities may be nudging The Boeing Company (NYSE: BA) out of the jet fighter business. Will the current trend, which favors rivals such as Lockheed Martin Corporation (NYSE: LMT), impact investors of the aerospace giant? Not really. Friendly Skies Lockheed, which derives a...

Lockheed Martin Corporation (NYSE: LMT) has been a true leader in the aerospace/defense sector. After making new highs in July and August, the stock has been in consolidation mode over the last two weeks. Where to next? Lockheed Martin shares have been a multi-year leadership stock for not only...

The aerospace and defense industry is a thriving segment of the economy that is fed billions of dollars annually. iShares U.S. Aerospace & Defense ETF (NYSE: ITA) ITA provides exposure to 38 U.S. companies that manufacture commercial and military aircraft, in addition to other defense...

It's a story about not just old versus new industries, but also about new technologies creating new opportunities. In a recent interview with the Federal Times, Marillyn Hewson, chairman, president and CEO at Lockheed Martin (NYSE: LMT), acknowledged her company was contending with new and...

According to Morgan Keegan, the outlook for the defense industry is robust. However, the current valuation of the sector reflects an extremely pessimistic view of market prospects going forward. The analysts believe that investors will receive the best returns by investing in companies that have a...