Aerospace & Defense

Wednesday, February 8, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. When Ronald Reagan took office, the U.S. national debt was only about 1 trillion dollars. Benzinga's Top News Roche Holding (OTC: RHHBY) may not...

L-3 Communications (NYSE: LLL) announced yesterday that its board of directors has increased its regular quarterly cash dividend 11 percent from $0.45 to $0.50 per share. The board has also declared the next dividend payable on March 15, 2012 to shareholders of record at the close of business on...

Lockheed Martin (NYSE: LMT) has been competitively awarded one of five Operations Support (OPS) Services Indefinite Delivery Indefinite Quantity contracts from the U.S. General Services Administration Federal Systems Integration and Management Center (FEDSIM) in support of the Department of Defense...

Lockheed Martin (NYSE: LMT) and Cleversafe, Inc. have formed a new technology alliance that will facilitate collaboration between the two companies to support a new level of storage capacity beyond traditional capabilities. These Secure, Distributed Storage Cloud offerings will enhance the...

The U.S. Air Force awarded Lockheed Martin (NYSE: LMT) a five-year competitive contract to provide technical support of the Distributed Mission Operations Center located at Kirtland Air Force Base, N.M. The indefinite delivery, indefinite quantity contract has a $94 million ceiling value.

According to a research report published today by Oppenheimer, L-3 Communications Holdings (NYSE: LLL) had mixed 4Q11 results, widely missing top-line expectations but recovering the profit through better than expected margins. Oppenheimer explained, “On balance, the performance may help allay...

According to Deutsche Bank, L-3 Communications (NYSE: LLL) price target is raised to $80. Deutsche Bank said that underlying EPS of $2.54 was ahead of its/consensus $2.48/$2.40. “We are raising our FY12 estimate to $8.55 (from $8.47), the top-end of mgmt's guidance given our view of some...

Deutsche Bank has raised the price target on L-3 Communications (NYSE: LLL) from $77 to $80 and maintains its Buy rating.

The U.S. Army Engineering and Support Center, Huntsville, awarded Lockheed Martin (NYSE: LMT) a $66 million contract to stand up the U.S. Army Medical Research Institute of Infectious Diseases Replacement Laboratory at Fort Detrick, Md. Through the six-year contract, Lockheed Martin's Global...

Lockheed Martin (NYSE: LMT) and Raytheon Company (NYSE: RTN) are teaming to compete for a U.S. Navy contract that will upgrade the fleet's capability to electronically attack anti-ship missiles.   Through its Surface Electronic Warfare Improvement Program (SEWIP) Block 3 upgrade, the Navy seeks to...