Lockheed Martin Corp
Most Recent
UTX’s Q3 Earnings Exceed Estimates, Outlook Raised
United Technologies (UTX) reported its Q3 earnings today before the market opened. UTX’s revenues of $19.5 billion beat the expectation of $19.39 billion.
Lockheed Beats Q3 Estimates, Falls on 2020 Guidance
Lockheed Martin released its third-quarter earnings results today. The company reported revenue of $15.2 billion in the quarter, a 6% year-over-year rise.
Earnings Preview: Boeing, Caterpillar, 3M, GE, and More
Honeywell kicked off industrials earnings season, beating estimates. With Boeing, Caterpillar, 3M, GE, and more reporting soon, here’s what to expect.
UTX Earnings: Has Wall Street Set the Bar Too Low?
UTX is scheduled to release its third-quarter earnings results on October 22 before the market opens. It’s returned 28.5% year-to-date.
What to Expect for Boeing’s Q3 Earnings amid MAX Crisis
Boeing (BA) is set to report its Q3 earnings results on October 23. Reuters-polled analysts foresee more dismal financial results for the company.
Boeing Gets Major Defense Order amid MAX Crisis
Amid ongoing troubles with its 737 MAX commercial planes, Boeing has received some positive news: $2.9 billion in orders from the US Department of Defense.
Boeing: Thailand Plans Multimillion-Dollar Defense Order
Boeing could receive a multimillion-dollar defense order soon. Thailand’s army announced its plans to purchase eight Boeing attack helicopters, according to a report.
How Much Boeing’s 737 MAX Fiasco Has Cost Investors
The 737 MAX accounted for nearly 70% of Boeing’s overall commercial aircraft deliveries, and 30% of its total operating profit.
Boeing Won Another Major Defense Contract in August
Amid the ongoing crisis with Boeing’s (BA) 737 MAX aircraft, the company won another major defense contract in August from the USAF.
Boeing Gets $999 Million Contract to Upgrade A-10 Wings
Yesterday, the US Air Force awarded a $999 million contract to Boeing (BA) to upgrade the wings of its A-10 Thunderbolt II attack aircraft.
Trump Administration Floats Sale of Arms, Jets to Taiwan
The Trump administration floated the sale of fighter jets to Taiwan. In an $8 billion deal, Lockheed Martin plans to sell 66 F-16 fighters to Taiwan.
Daniel Loeb’s Third Point Cuts Stake in United Technologies
Daniel Loeb’s Third Point has reduced its stake in United Technologies. As per a regulatory filing, the fund sold 480,000 UTX shares in the second quarter.
Boeing Wins $55.5 Million KC-46 Modification Contract
Boeing (BA) won a $55.5 million contract for certain modifications in the telescopic boom of the KC-46 Pegasus refueling tanker from the US Air Force.
Trade War: Boeing Has a Lot at Stake
Boeing (BA) is stuck in the middle of the escalating trade war between the US and China. Recently, the trade tension intensified.
Boeing, Caterpillar Drag Down the Dow Jones
On Wednesday, the Dow Jones fell while other major US indexes moved up. The Dow was mainly pulled down by two of its high-weighted stocks—Boeing (BA) and Caterpillar (CAT).
Why Boeing Missed Q2 Earnings Estimates
Boeing (BA) reported dismal second-quarter results with the top and bottom lines both missing Wall Street analysts’ estimates.
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.
How Much Did 737 MAX Fiasco Hurt Boeing’s Q2 Earnings?
Boeing (BA) plans to report its second-quarter 2019 results on July 24.
Boeing Falls behind Airbus in Aircraft Deliveries
The ongoing trouble with 737 MAX series planes has been hurting Boeing’s (BA) overall commercial aircraft deliveries.
Fresh Trouble: DOJ Subpoenas Boeing about Dreamliner Safety
Boeing has encountered yet another problem. The US Department of Justice has reportedly subpoenaed the airplane maker regarding an ongoing investigation about 787 Dreamliner safety issues.
Can the Trade War Bring Investment to India’s Defense Sector?
Between 2014 and 2018—during Modi’s first term—India imported $13.9 billion worth of arms, making it the world’s second-largest importer of arms. With $16.9 billion worth of arms imports, Saudi Arabia was the largest importer of arms during the period.
Why Modi’s Second Term Is Good News for US Defense Contractors
One of the key points on which Modi campaigned was national security.
Why Boeing’s Q1 Earnings Will Likely Decline
Boeing (BA) is scheduled to report its first-quarter earnings results on April 24. The company might not be able to continue its growth momentum.
Analysts Stay Bullish on Boeing amid 737 Max Crisis
Boeing (BA) is currently going through one of the worst periods in its history following two deadly crashes that involved its fast-selling 737 Max series planes.
Boeing Gains on Reports of Early Software Fix for 737 MAX
Boeing (BA) gained 1.5% last Friday following a report that the airplane manufacturer could come up with a software fix for its 737 MAX jets sooner than expected.
Boeing Fell 5%, Several Airlines Grounded 737 Max 8 Jets
Boeing (BA) shares fell more than 5% on March 11 after several airlines grounded their 737 Max 8 fleets.
Boeing 737 Max May Face More Scrutiny after Crash in Ethiopia
Boeing’s most advanced and fuel-efficient 737 Max jets are in the spotlight once again after a 737 Max operated by Ethiopian Airlines crashed on Sunday.
Dow Futures and Boeing Fall after Ethiopia Plane Crash
On March 11, the Dow Jones Industrial Average futures are trading over 170 points lower in the pre-market session.
General Dynamics Hikes Dividend by 9.7%
General Dynamics raised its quarterly dividend by 9.7% on March 6.
Argus Research Is Still Bullish on Boeing
Boeing (BA) stock has been rallying since the beginning of this year and has outperformed major US indexes.
Boeing Is an Attractive Choice for Dividend Investors
Boeing (BA) has always tried to enhance shareholders’ wealth through dividend payments and share buybacks.
Analysts See More Upside in Boeing’s Share Price
Among the 24 analysts covering Boeing, nine recommended a “strong buy,” ten recommended a “buy,” and five recommended a “hold.”
Boeing Has Bullish Recommendations from Most Analysts
The Boeing Company (BA) has received a consensus “buy” recommendation from Wall Street analysts polled by Reuters.
Boeing Wins $43 Million Navy Contract to Build Super Submarines
Last week, the Boeing Company (BA) announced winning a $43 million contract from the US Navy to build four large unmanned submarines.
Boeing Partnered with Aerion to Help Fly the AS2 Supersonic Jet
The Boeing Company (BA) announced yesterday that it had entered into a partnership agreement with supersonic jet startup Aerion.
Honeywell’s Q4 Revenues Could Decline
Analysts expect Honeywell to report revenues of $9.70 billion in the fourth quarter—a decline of 10.5% compared to the fourth quarter of 2017.
Boeing Shares Rose More than 6% after Its Q4 Earnings
On January 30, Boeing shares were trading 6% higher in the pre-market trading session. The company reported strong fourth-quarter results.
Boeing Is the Second-Best Dow 30 Performer
Shares of the Boeing Company (BA) have been on quite a ride since the beginning of this year.
What Do Analysts Expect of Boeing’s Q4 2018 Earnings?
The Boeing Company (BA) is set to report its fourth-quarter earnings results on January 30.
How Boeing Stock Has Fared in 2018
Boeing (BA) stock started 2018 on a positive note and carried this momentum forward up to November 7, with a return of ~26%.
Strong Balance Sheet Helps Boeing Enhance Shareholder Wealth
Boeing’s (BA) financial strength and cash flow–generating capabilities enable it to continue its shareholder return policy.
Boeing Continues Its Shareholder Wealth Enhancement Policy
Boeing (BA) has always looked to enhance shareholders’ wealth through continuous, increading dividend payments.
Why Wall Street Expects a 50% Increase in Boeing’s Q4 EPS
Boeing (BA) has an impressive record of reporting better-than-expected quarterly earnings results.
Boeing’s Recent Sell-Off Could Mark a Buying Opportunity
Stocks have fallen significantly this month so far due to a broader market sell-off. The three major US indices—the Dow Jones, NASDAQ, and S&P 500—have lost 14.7%, 15.5%, and 14.8% of their respective value.
Strong Cash Flows Help Boeing Enhance Shareholders’ Returns
Boeing’s financial strength and cash flow–generating capabilities enable it to continue with its shareholder return policy.
Boeing Enhances Shareholders’ Wealth with Dividend Hike, Buyback
The Boeing Company, the world’s largest aero-defense company, raised its quarterly dividend by 20% on December 17.
Boeing Soared on Cowen Analyst’s Positive Comments
Boeing rose 2.7% yesterday after Cowen aerospace analyst Cai von Rumohr named the company his number one stock pick for 2019.
Caterpillar’s Q3 Revenue Continued Upward Trend
Caterpillar (CAT) reported revenues of $13.51 billion in the third quarter, an increase of 23.7% on a YoY (year-over-year) basis.
Why Honeywell’s Performance Materials Segment Margins Declined
In Q3 2018, Honeywell’s (HON) Performance Materials and Technologies segment was the second-largest contributor to HON’s total revenue.
Honeywell Acquires Transnorm, Completes Garrett Motion Spin-Off
On October 1, Honeywell (HON) announced in a press release that it had entered into an agreement to acquire Transnorm.
Honeywell Increases Its Quarterly Cash Dividend by 10%
On September 28, Honeywell (HON) announced its dividend for the fourth quarter.
How Analysts View Boeing after Its August Order Boom
Boeing’s consensus-12-month target price is $412.6, which indicates a 15.9% return potential as of the September 17 closing of $356.
What Do Wall Street Analysts Recommend for Boeing?
Of the 26 analysts tracking Boeing (BA) stock, eight analysts gave “strong buy” recommendations. Another 11 analysts gave “buy” recommendations.
Honeywell Acquires Ortloff Engineers
On September 4, Honeywell (HON) announced that it acquired Ortloff Engineers. Honeywell didn’t disclose the financial aspects of the deal.
Inside Boeing’s Defense Segment’s Q2 2018 Revenue
The Defense, Space & Security segment is the second-largest contributor to Boeing’s (BA) revenue.
Boeing Exceeds Analysts’ Q2 2018 Earnings Estimates, Stock Soars
Boeing, the world’s largest aerospace company, announced its second-quarter earnings results before the market opened on July 25.
Comparing Boeing’s Dividend Payout Ratio with Its Peers
From $1.6 billion in the first quarter of 2017, Boeing’s (BA) cash flow has increased 68% to $2.7 billion in the first quarter of 2018.
Boeing Surpasses Rival Airbus in 2018 Orders
On June 20, Boeing revealed that it received a total of 24 orders for BA’s freighter 767F and 777F from parcel delivery giant FedEx (FDX).
Boeing Unveils New Hypersonic Jet Concept
On June 26, Boeing (BA) announced it has joined the race to make the next-generation version of the Concorde, a hypersonic jet.
A Look at FedEx’s Capex Forecast for 2019
FedEx (FDX) was optimistic about the passage of the Tax Cuts and Jobs Act (or TCJA).
Should Investors Worry about Boeing’s Leverage Levels?
Boeing (BA) operates in a highly capital-intensive industry.
How Rising Crude Oil Prices Could Affect Boeing’s Order Book
On May 22, crude oil (DBO) rose towards $80.0 per barrel.
Analyzing Boeing’s Free Cash Flows and Dividend Prospects in 2018
On March 31, Boeing (BA) had cash and cash equivalents of $9.2 billion, up ~$400.0 million from $8.2 billion on December 31, 2017.
Boeing Declared Quarterly Cash Dividend of $1.71
Boeing (BA), the world’s largest aerospace company, declared a quarterly cash dividend of $1.71 per share on its outstanding common stock.
IFF Reported Record First Quarter Revenues
International Flavors and Fragrances (IFF) reported revenue of $930.9 million in 1Q18, an increase of ~12.4% on a YoY (year-over-year) basis.
KLX Acquisition: Boeing’s Shot in the Arm for Global Services
On May 1, Boeing (BA) announced an agreement to acquire aerospace parts distributor KLX (KLXI) for $3.2 billion in cash.
Boeing Set to Fly High in 2018: Raised Earnings and Guidance
The world’s largest aerospace company, Boeing, announced its 1Q18 earnings today.
Wall Street’s Views on Boeing Ahead of Its 1Q18 Earnings Release
Analysts expect Boeing (BA) to post adjusted EPS (earnings per share) of $2.56 in 1Q18, representing 27.2% growth YoY (year-over-year).
Could Boeing Exceed Analysts’ Revenue Estimates in 1Q18?
Analysts now expect Boeing’s revenue to be $22.1 billion, after revising their estimate upward by $300.0 million.
How Boeing Stock has Trended Ahead of its 1Q18 Earnings Release
Boeing (BA), the world’s largest aerospace company, is set to declare its 1Q18 results on April 25, 2018, before markets open.
Honeywell’s Revenue: Could 1Q18 Be Its Best-Ever 1st Quarter?
Honeywell (HON) is expected to report revenue of $10.0 billion in 1Q18, representing a 5.7% increase from 1Q17’s $9.5 billion.
Must-Know Recent Developments from Boeing
In January 2018, Boeing took a 17-aircraft lead over its archrival Airbus. Boeing delivered 44 commercial aircraft compared Airbus’s 27 aircraft.
Boeing Sets Sights on Woodward Acquisition
On February 8, 2018, the Wall Street Journal reported that Boeing (BA) intends to acquire aerospace parts maker Woodward (WWD).
How Wall Street Analysts View Boeing after Its 4Q17 Earnings
Boeing (BA) has a consensus rating of ~2.1 with an overall “buy” recommendation.
Boeing Surpassed Analysts’ 4Q17 Estimates, Stock Rose 5%
On January 31, Boeing (BA) announced its 4Q17 earnings. The world’s largest commercial aircraft manufacturer surpassed analysts’ adjusted earnings estimates by ~5.9%.
Will Boeing Deliver on Operating Margin Estimates in 4Q17?
Analysts surveyed by Thomson Reuters expect Boeing (BA) to report an operating profit of $2.7 billion in 4Q17.
Honeywell Poised to Post Record Fourth Quarter Revenues
Honeywell (HON) is expected to report revenues of $10.8 billion in 4Q17, a 7.6% increase over the corresponding quarter last year.
Chemours to Increase Fluoropolymer Prices
On December 21, 2017, Chemours (CC) announced price hikes on some of its products.
Analyzing General Electric’s Pension Liabilities
In this series, we’ll discuss GE’s pension obligations and steps the company is taking to lower its pension burden.
Could Boeing’s Dividend Payout Rise in 2017?
Dividends Boeing (BA) has been paying dividends consistently for the past 20 years. In 3Q17, the company paid a total of $900 million in dividends, which was ~30% of its free cash flow generated in the quarter. Falling yield At its current market price of $268, Boeing has an indicated dividend yield of 2.1%. The yield has been […]
How Boeing Performed in 3Q17
Performance in 3Q17 In 3Q17, Boeing (BA) saw revenue of $24.3 billion, 2% growth from the $23.9 billion it reported in 3Q16. Its operating margin expanded from 9.5% in 3Q16 to 11.1% in 3Q17. The Commercial Airplanes segment recorded a 1% YoY fall in revenue to $15.0 billion. The segment’s operating margin expanded from 8.5% in 3Q16 to […]
Boeing Overtakes GE as Highest-Valued US Manufacturer
Last week, Boeing (BA) overtook General Electric (GE) as the most valued company by market capitalization, breaking GE’s 27-year record.
Honeywell to Supply Cryogenic Gas Processing Plant to EagleClaw
Honeywell stock rose 2.2% and closed at $149.66 last week. The stock is trading 3.7% above the 100-day moving average price of $144.30.
GE’s Tough 2018 Projection and Subsequent Stock Fall
After GE’s investor update on November 13, 2017, the company’s stock plummeted to a new five-year low.
Chemours to Pay a 4Q17 Dividend
On November 7, Chemours (CC) announced that it would pay a dividend in 4Q17. Chemours announced that the dividend rate would be $0.03.
How Lockheed Martin’s Dividend Yield Looks
Lockheed Martin (LMT) is a worldwide security and aerospace company.
How Investors View Boeing’s High Dividend
High yield Despite the positive run-up Boeing (BA) stock has enjoyed in 2017, its current indicated dividend yield is 2.2%. Boeing’s dividend yield is now lower than the Dow Jones Industrial Average dividend yield of 2.7%. Peer Lockheed Martin (LMT) has an indicated dividend yield of 2.4%, United Technologies (UTX) has an indicated dividend yield […]
Canada Puts Boeing Defense Order on Hold
The Canadian Air Force placed an order for 65 Lockheed Martin (LMT) F-35 fighter jets for $30 billion. The CAF canceled the order and replaced it with 18 Boeing CF-18 aircraft for $5.2 billion.
How TransDigm Group Reinforces Switching Costs
TransDigm Group Inc. (TDG US) is a leading designer and manufacturer of engineered aircraft components for commercial and military aircraft.
Honeywell Will Pay Its 3Q17 Dividend on September 8
On September 8, 2017, Honeywell (HON) will pay the third dividend to its shareholders for fiscal 2017. It announced a dividend of $0.67 per share.
What Stocks Should Be on Your Radar amid Geopolitical Tensions
Renewed tensions arising out of North Korea’s missile launch on Tuesday had a major impact on volatility. Asian markets have declined more than 1% as risk aversion dominated markets.
What Workers’ Average Weekly Hours Say about Manufacturing
Manufacturing activity continues to remain robust Activity in the manufacturing sector (FXR) continues to remain impressive and promising. The best way to measure the health of this sector is by observing changes in manufacturing employees’ number of working hours. This data is released by the US Bureau of Labor Statistics every month, after its establishment […]
Most Analysts Suggest a ‘Buy’ on Honeywell
Among the 19 analysts, 79% of the analysts recommended a “buy” on Honeywell, 21% recommended a “hold,” and none recommended a “sell.”
Wall Street Analysts’ Recommendations For Boeing Stock
Analyst views According to a Reuters consensus, of the 24 analysts tracking Boeing (BA) stock, 20.8% (five analysts) have a “strong buy” recommendation, 29.2% (seven analysts) have a “buy” recommendation, 33.3% (eight analysts) have a “hold” recommendation, and 12.5% (three analysts) have a “sell” rating. Just one analyst (4.2%) recommended “strong sell.” Despite the tremendous gains […]
Could Boeing Put an End to Its Revenue Decline?
Revenue slow down Boeing’s (BA) revenue fell 7.3% YoY (year-over-year) to ~$20.0 billion in 1Q17, lower than analysts’ estimate of a 5.2% fall. The falling trend is expected to continue for the next two quarters. In 2Q17, revenue is expected to fall 6.7% to $23.1 billion, and in 3Q17, by 1.0% to $23.7 billion. The […]
Why Analysts Expect Honeywell’s Revenues to Fall in 2Q17
Honeywell signed an agreement with VietJet Air to supply 98 auxiliary power units to its fleet of 135 Airbus A320s. The deal was valued at $100 million, which includes maintenance services for 12 years.
Analysts Expect Sherwin-Williams’ 2Q17 Adjusted EPS to Rise
Analysts expect Sherwin-Williams (SHW) to post adjusted EPS (earnings per share) of $4.56 in 2Q17—an increase of 12.2% on a year-over-year basis.
Analyzing the Dividend Yields of the Cyclical and Defensive Sectors
The S&P 500 (SPY) defensive sectors tend to offer an attractive yield to investors during low-interest environments or when the economy is slowing down.
Chart in Focus: Boeing’s Canadian Defense Order
In May 2017, Boeing appealed to the US International Trade Commission to penalize Canadian aircraft maker Bombardier (BDRBF) for selling its new CS-100 aircraft to US airlines at extremely low prices.
How Honeywell’s PMT Segment Performed in 1Q17
Honeywell’s (HON) Performance Materials and Technologies (or PMT) segment is HON’s third largest revenue contributor.