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Here's What You Need To Know About Cyberattack Against US
Sunday, December 20, 2020 - 4:43pm | 888Read More...More news on the massive cyberattack that hit the U.S. this year is likely to come out in the week ahead. Today, more senators have come out to say Russia was behind the attack. Here's a recap of what has transpired so far. What Happened: On Dec. 13, the New York Times broke a...
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Stifel Says Leidos Is 'The Terminator' Stock During Coronavirus Sell-Off
Monday, March 9, 2020 - 1:23pm | 337Read More...Government contractor Leidos Holdings Inc (NYSE: LDOS) is "The Terminator" of stocks to buy at a time when the market is selling off amid coronavirus concerns, according to Stifel. What Happened Leidos is an information technology company that has heavy exposure to the U.S. defense...
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Aerospace And Defence Company Meggitt Posts $287.7M Profit In 2019
Tuesday, February 25, 2020 - 6:11am | 348Read More...Meggitt PLC (OTC: MEGGF) has released its annual results for 2019, showing growth across all verticals. What Happened Meggitt specializes in components and sub-systems for aerospace, defense, and select energy markets. The company released its annual results on Tuesday and reported a net...
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Middle East Tensions Gave Aerospace Stocks A Lift On Thursday, But Volatility Now Easing
Friday, June 21, 2019 - 9:00am | 2048Read More...It’s been a quick comeback for the S&P 500 Index (SPX), which hit new record highs Thursday and sits more than 8% above its early-June low. The index rose every day so far this week, though it shows signs of flagging early Friday as tensions in the Middle East remain in the picture. It...
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Parker-Hannifin To Buy Lord Corp. For $3.6B: 'Companies Are Very Much Aligned'
Monday, April 29, 2019 - 8:59am | 462Read More...Parker Hannifin Corporation (NYSE: PH) announced Monday that it has entered an agreement to buy privately held LORD Corp. for about $3.675 billion in cash. What Happened Cary, North Carolina-based Lord offers advanced adhesives, coatings, specialty materials and vibration amd motion control...
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Jacobs Engineering To Buy KeyW In $815M Deal
Monday, April 22, 2019 - 1:20pm | 486Read More...Jacobs Engineering Group Inc (NYSE: JEC) and KEYW Holding Corp. (NYSE: KEYW) announced a definitive merger agreement Monday. The $815-million deal makes KeyW — an intelligence, cyber, mission and IT analytics company operating in the intelligence and national security...
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Elbit Systems To Buy Harris Night Vision For $350M
Friday, April 5, 2019 - 10:07am | 409Read More...Harris Corporation (NYSE: HRS) and Elbit Systems Ltd. (NASDAQ: ESLT) announced a $350-million deal Friday for Elbit to acquire Harris' night vision business. What Happened The sale is predicated on the completion of Harris' recent proposed merger with L3 Technologies, Inc. (NYSE: LLL), as...
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'Greatest Peacetime' Era In Decades Prompts Credit Suisse To Downgrade General Dynamics
Friday, February 15, 2019 - 11:00am | 415Read More...Aerospace and defense company General Dynamics Corporation (NYSE: GD), perhaps best known for its F-16 fighter jet, is expected to lag its peers in 2019 amid the "greatest peactime defense upcycle" since the Reagan administration, according to Credit Suisse. The Analyst Credit Suisse'...
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Aerospace And Defense: Morgan Stanley Stays Bullish On Raytheon, Upgrades Boeing, Downgrades Lockheed
Thursday, January 10, 2019 - 9:52am | 674Read More...The aerospace sector remains in the late stages of the cycle, while the defense sector faces a degree of uncertainty, with President Donald Trump looking to cut Department of Defense spending by 5 percent. Yet opportunities still exist for investors in the two segments, according to Morgan Stanley...
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The Street's Reaction To Lockheed Martin's Q3 Earnings
Wednesday, October 24, 2018 - 12:10pm | 654Read More...Global security and aerospace company Lockheed Martin Corporation (NYSE: LMT) reported Tuesday its third-quarter results, highlighted by a top-and-bottom-line beat and an upward revised guidance. Here's a summary of how some of the Street's top analysts reacted to the print. The Analysts...
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Aerospace Supplier TransDigm Buys Esterline Technologies In $4B Deal
Wednesday, October 10, 2018 - 8:57am | 388Read More...Aircraft component designer, producer and supplier TransDigm Group Incorporated (NYSE: TDG) confirmed Wednesday it entered an agreement to buy aerospace and defense supplier Esterline Technologies Corporation (NYSE: ESL) for a near 40-percent premium. What Happened TransDigm reached...
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Huntington Ingalls Has A Leadership Position In Defense, Buckingham Says In Bullish Initiation
Wednesday, September 12, 2018 - 1:09pm | 502Read More...Shipbuilder Huntington Ingalls Industries Inc (NYSE: HII) is a pure play on the defense sector and boasts an "underappreciated story" that investors should take advantage of, according to Buckingham Research Group. The Analyst Analyst Richard Safran initiated coverage of...
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Harris Will Benefit From A 'Substantial Increase' In Military Spending, Argus Says
Wednesday, April 4, 2018 - 12:19pm | 304Read More...President Donald Trump's commitment to support the U.S. military bodes well for Harris Corporation (NYSE: HRS), according to Argus. The Analyst Argus' Mike Jaffe initiated coverage of Harris' stock with a Buy rating and $196 price target. The Thesis Harris, a provider of...
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Leidos Could See 50% Upside, Goldman Adds To Conviction List
Thursday, March 1, 2018 - 3:40pm | 372Read More...Leidos Holdings, Inc. (NASDAQ: LDOS), a U.S.-based defense company formed as part of a 2016 spin-off, is among the least expensive defense stock, according to Goldman Sachs. The Analyst Goldman Sachs' Noah Poponak maintains a Buy rating on Leidos Holdings' stock with a price target...
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Jefferies: Orbital ATK Acquisition Strengthens Northrop Grumman
Wednesday, February 14, 2018 - 3:04pm | 371Read More...The case for buying Northrop Grumman Corporation (NYSE: NOC)'s stock was solidified after the company was green-lighted by European regulators to acquire Orbital ATK Inc (NYSE: OA), according to Jefferies. The Analyst Jefferies' Sheila Kahyaoglu upgraded Northrop Grumman's stock...
