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News Breaks
June 8, 2014
18:20 EDTNOC, LMT, RTNRaytheon, Lockheed Martin, Northrop Grumman could see cutbacks, Barron's says
The increase in healthcare costs could cause further government cutbacks which could crimp revenues for Raytheon (RTN), Lockheed Martin (LMT), and Northrop Grumman (NOC), Barron's contends in a feature article. Reference Link
News For RTN;LMT;NOC From The Last 14 Days
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May 29, 2015
17:41 EDTRTNRaytheon awarded $149.5M government contract modification
Raytheon Missile Systems is being awarded a $149.5M modification to previously awarded contract for Standard Missile-2 and Standard Missile-6 FY15-FY16 full rate production. This contract modification will incorporate requirements for one base production year, FY15, and one option year, FY16.
17:39 EDTNOCNorthrop Grumman awarded $401M government contract
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13:08 EDTRTNRaytheon, Vista Equity Partners complete cybersecurity JV transaction
Raytheon Company and Vista Equity Partners have completed a joint venture transaction creating a new company that combines Websense, a Vista Equity portfolio company, and Raytheon Cyber Products, a product line of Raytheon's Intelligence, Information and Services business. The newly-formed commercial cybersecurity company will be known on an interim basis as Raytheon Websense. The company expects to introduce a new brand identity upon completion of standard organizational integration activity. Under the terms of the joint venture transaction originally announced on April 20, Raytheon owns 80.3%of the new company. Vista Equity Partners owns 19.7%. The joint venture will start operations immediately and will be based in Austin, Texas. John R. McCormack has been named CEO of the new company."The creation of this new commercial cybersecurity company allows us to leverage deep domain expertise to offer our customers unique capabilities that will help defend against the vast, advanced scope threats that exist today," said Thomas A. Kennedy, Raytheon Company Chairman and Chief Executive Officer. "We are excited to bring these advanced, defense-grade cyber solutions to our existing and new customers."
08:00 EDTRTNRaytheon Anschutz expands US operations
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May 27, 2015
16:09 EDTNOCNorthrop Grumman passes key design review for B-2 weapons program
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09:08 EDTNOCNorthrop Grumman passes key design review for B-2 weapons program
Northrop Grumman has demonstrated to the U.S. Air Force that its plans to upgrade key weapons management software for the B-2 stealth bomber are on track and ready to proceed to the next level of development. The company successfully completed the critical design review of the service's Flexible Strike Phase 1 program on Feb 3.
09:07 EDTLMTLockheed Martin awarded 472M contract from U.S. Coast Guard
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May 26, 2015
07:10 EDTNOC, LMTLockheed Martin, Boeing may bid for GBP2B MoD contract, Independent says
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May 21, 2015
17:31 EDTLMTLockheed Martin awarded $735.51M government contract
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May 20, 2015
08:27 EDTLMTIBM unit sale to Lenovo raises saftey concerns for Navy, WSJ reports
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07:01 EDTNOCNorthrop Grumman increases quarterly dividend by 14% to 80c
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06:06 EDTLMTUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 18, 2015
14:03 EDTNOCNorthrop Grumman says U.S. Navy approves use of VMS in nuclear submarines
Northrop Grumman reports that the U.S. Navy has approved the use of the company's voyage management system 9.3 onboard SSN and SSGN nuclear powered submarines. The VMS software will be installed on 55 SSNs and four SSGNs. Installations have already begun and will be completed by the end of 2016.
10:09 EDTLMTLockheed Martin to provide online flight planning services under FAA contract
The FAA) has selected Lockheed Martin to provide online flight service tools to the general aviation community, helping them to plan and navigate the national airspace Under the Direct User Access Terminal Service II contract, Lockheed Martin expands their current work to provide weather information, flight plan processing and in-flight support to pilots.
05:16 EDTRTNRaytheon secures contract with Honda in Europe
Raytheon Professional Services GmbH, or RPS, a subsidiary of Raytheon (RTN), has signed a long-term contract with Honda Motor Europe Limited (HMC) for the outsourcing of all development of their Pan-European dealer training, as well as domestic training delivery operations in the UK and Germany. As part of the contract, RPS will manage Pan-European curriculum content development, product launch training and Learning Management System administration and support. RPS' training services will cover Honda's complete product range including Cars, Motorcycles and Power Products, and will extend to all sales, aftersales, technical, and management personnel. The contract also includes the outsourcing and management of Honda's accredited apprenticeship program, across the whole product range, in the UK. Students will be able to achieve either an Intermediate or Advanced apprenticeship through the program.

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