Industrials

Lockheed Martin Corporation (NYSE: LMT) is slated to release third-quarter 2024 results on Oct. 22, before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $17.28 billion, implying 2.4% growth from the year-ago quarter's reported figure. The consensus mark for third-...

Landstar System (NASDAQ: LSTR) is benefiting from its robust financial stability and strong liquidity. The shareholder-friendly approach also bodes well for the company. However, the company is grappling with the freight market downturn. Factors Favoring LSTR Landstar's commitment to...

Lockheed Martin Corp. (NYSE: LMT) announced that its board of directors approved a 4.8% hike in its quarterly dividend to $3.30 per share, marking the 22nd consecutive annual dividend hike. The revised quarterly dividend is payable on Dec. 27, 2024, to shareholders of record at the close of the...

Lockheed Martin Corp.'s (NYSE: LMT) business segment, Space Systems, recently clinched a modification contract for manufacturing its Trident II D5 missile. Per the terms of the deal, Lockheed will also offer deployed systems support and Warhead 93/Mark7 development for Trident II D5 missile....

HEICO Corporation (NYSE: HEI) recently signed a contract to acquire Marway Power Solutions, Inc. The acquiree provides the design and construction of power distribution solutions for mission-critical systems used in defense, aerospace, communications, test and measurement, and industrial...

Lockheed Martin Corporation's (NYSE: LMT) unit, Sikorsky Aircraft, recently secured an $84.3 million contract to supply eight gearbox assemblies for the CH-53K helicopters. The work will be carried out in Stratford, CT, and is set to be completed by December 2028. The contract will serve the U....

L3Harris Technologies (NYSE: LHX) announced that it has received a five-year contract, worth $587.4 million, to deliver custom tactical jamming pods designed to modernize the U.S. Navy's Aerial Electronic Attack capability. Details of LHX's New Contract The Next Generation Jammer-Low Band (...

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) recently announced that its unit, Technical Directions, Inc. ("TDI"), now offers four classes of its low-cost, high-performance turbojet engines ranging from 30 to 200 pounds of thrust with immediate availability. The TDI-J45 30...

Southwest Airlines (NYSE: LUV) received encouraging tidings on the labor front when it inked a tentative agreement with the company's flight simulator technicians' union, International Brotherhood of Teamsters Local 19, for a new collective bargaining agreement. There are more than 50...

RTX Corp.'s (NYSE: RTX) business segment, Pratt & Whitney, recently clinched a modification contract for the F-35 fighter jet's propulsion system. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $111.9 million, the contract...

This story was first published on the Benzinga India portal. U.S. defense manufacturing giant Lockheed Martin (NYSE: LMT) and Tata Advanced Systems have agreed to work on a tactical military aircraft together in India. What Happened: The two entities have decided to broaden...

Lindsay Corporation (NYSE: LNN) delivered adjusted earnings per share of $1.41 in third-quarter fiscal 2024 (ended on May 31, 2024), beating the Zacks Consensus Estimate of $1.25. The bottom line fell 8% year over year. Including an income tax credit of 44 cents per share, earnings per share in the...

P3 Health Partners Inc (NASDAQ: PIII) shares are trading higher by around 10% after the company reaffirmed guidance for 2023 and announced the 2024 outlook. FY24 Outlook: PIII expects revenue of $1.45 billion to $1.55 billion (vs. consensus $1.41 billion) and Adjusted EBITDA of $20...

Lockheed Martin Corporation (NYSE: LMT), alongside other contractors, including Elon Musk's SpaceX, is reportedly facing development challenges that have led NASA to postpone its Artemis moon program. Consequently, NASA has now scheduled its first astronaut lunar landing in half...