BAE Systems plc
Must-know: Where Lockheed Martin earns its revenues
Lockheed Martin earns maximum revenues from the F-35 II joint striker program. The program is part of its Aeronautics segment.
Aeronautics: Lockheed Martin’s highest revenue segment
Lockheed Martin started deliveries on its major F-35 program just three years ago. Lockheed Martin works with almost 1400 suppliers, including companies like Northrop Grumman.
Why Boeing Investors Should Have India on Their Radar
Boeing and Lockheed Martin are competing for a $15 billion order. Defense spending is expected to increase as India’s armed forces modernize.
Sector Composition Changes in IEOAX until 1Q16
The Ivy European Opportunities Fund – Class A’s (IEOAX) assets were spread across 77 holdings as of March 2016. It was managing assets worth $224 million.
Household Disposable Income Rose and Helped Economic Growth
The Household and Non-Profit Institutions Serving Households saving ratio was estimated to be 4.70% in the second quarter—compared to 4% in the first quarter.
Must Know: The Ivy European Opportunities Fund: Class A (IEOAX)
The Ivy European Opportunities Fund was launched in May 1999 and as of August 2015, it was managing assets worth $232.7 million.
Sales drove Lockheed Martin’s Aeronautics segment
Lockheed Martin’s (LMT) Aeronautics segment saw a 6% YoY growth in net sales. Net sales were driven by higher sales of the F-35 and C-130 programs.
Why Northrop’s business segments’ performance is important
The Aerospace segment is Northrop Grumman’s (NOC) highest contributor. It contributed ~41% of the company’s total third quarter revenues. The segment was still NOC’s strength.