|Bid||310.97 x 800|
|Ask||311.18 x 800|
|Day's Range||305.09 - 312.24|
|52 Week Range||287.09 - 360.88|
|Beta (3Y Monthly)||0.65|
|PE Ratio (TTM)||24.35|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||4.80 (1.59%)|
|1y Target Est||361.00|
The second half of October will be filled with a couple of rocket launches from Florida's Space Coast. United Launch Alliance LLC will send up its Atlas V rocket from Cape Canaveral Air Force Station's Launch Complex 41 on Oct.
Increased defense spending is making a larger number of contractors go for mergers so that they have more scale to bid on bigger projects.
L3 Technologies' (LLL) merger with Harris Corp. is expected to generate an Earnings before Interest and Taxes (EBIT) of $2.4 billion and free cash flows of $1.9 billion, for fiscal year 2018.
The defense contractors agreed to a merger that will form one of the industry’s largest players, a $33.5 billion behemoth to challenge weapons makers such as Raytheon Co. and Northrop Grumman Corp. With product lines spanning communications and electronics, the newly formed L3 Harris Technologies Inc. is poised to capitalize on military spending increases under U.S. President Donald Trump. “This looks to be a special transaction capable of catapulting both companies into the defense big league,” Carter Copeland, an analyst at Melius Research, said in a note Monday.
L3 and Harris would combine to form a military communications and defense electronics company with about $16 billion in revenue and a significant presence in Greater Washington.
President Trump raised eyebrows earlier this year when he announced plans to create a “Space Force,” which would become the sixth branch of the military.
Increased demand for its products could catalyze Northrop Grumman's (NOC) stock price. The U.S. Air Force is expected to increase in size in order to counter growing threats, while other countries such as Japan are seeking to improve their defense capabilities. The aerospance and defense company's acquisition of Orbital ATK could provide it with synergies.
Northrop Grumman and the Air Force have invested a combined $300 million to develop the OmegA rocket over the past three years.
Limited restrictions and rising global conflicts are driving sales of U.S.-manufactured military equipment, aiding revenue growth for some defense companies.
Each award is part of a portfolio of three agreements that leverage commercial launch solutions in order to have at least two domestic, commercial launch service providers that meet National Security Space requirements.
NEW YORK, Oct. 11, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
By Joey Roulette ORLANDO, Fl. (Reuters) - The U.S. Air Force on Wednesday said that it had awarded a total $2.3 billion (£1.7 billion) in contracts to develop rocket launch systems for national security ...
The U.S. Air Force on Wednesday said that it had awarded a total $2.3 billion in contracts to develop rocket launch systems for national security missions. The three contracts are part of a Department of Defense initiative to assure constant military access to space and curb reliance on foreign-made rocket engines, like ULA's flagship Atlas V rocket that uses Russian-made RD-180 boosters.
The U.S. Air Force selected Blue Origin, Northrop Grumman and United Launch Alliance on Wednesday to each develop a domestic launch system prototype. SpaceX, despite winning an initial development award ...
She is credited with driving major intelligence community contract wins, including a recent $668 million award to monitor federal networks and protect them from cyber attack.
FALLS CHURCH, Va., Oct. 08, 2018 -- Northrop Grumman Corporation (NYSE: NOC) plans to release its third quarter 2018 financial results on Wednesday, Oct. 24, 2018. You are.
All put together, the 25 highest-paid D.C.-area execs leading public companies were paid about $384.2 million last year. If you think that sounds like a lot, you're right — the D.C. metro area pays its CEOs more than 20 percent more than the national average, according to the Bureau of Labor Statistics. Out of the top 25, four lead government contracting companies, four head tech firms and four are in hospitality.
The Air Force Life Cycle Management Center deals on a national level with contractors for its weaponry and human support programs. These are the top 10 contractors by dollar amount in 2018, up to June 13.
United Launch Alliance just chose Jeff Bezos’s company to supply the main engines for its new Vulcan rocket, but the Centennial-based company has already started making its launch vehicle of the future. The rocket manufacturer on Sept. 27 contracted to buy Bezos’s Kent, Washington startup Blue Origin’s BE-4 engines for the main stage of the rocket ULA aims to start flying in two years. Tory Bruno, CEO of ULA, told the Denver Business Journal this spring his company plans two Vulcan launches — carrying real payloads — in the latter half of 2020.
Big work is ahead for companies in metro Orlando, thanks to five military contracts totaling more than $1.6 billion. Here's a rundown of which firms picked up big U.S. government deals: United Launch Alliance: The Centennial, Colo.-based rocket company locked down a $867 million contract with the U.S. Air Force. The military branch will use ULA's launch capability of the Delta IV and Atlas V rockets.
Third Quarter 2018 financial results webcast and conference call scheduled for Wednesday, October 24, 2018 FALLS CHURCH, Va., Oct. 02, 2018 -- Northrop Grumman Corporation.