Lockheed Martin Corp

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 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.

Honeywell kicked off industrials earnings season, beating estimates. With Boeing, Caterpillar, 3M, GE, and more reporting soon, here’s what to expect.

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.

Boeing (BA) is set to report its Q3 earnings results on October 23. Reuters-polled analysts foresee more dismal financial results for the company.

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 could receive a multimillion-dollar defense order soon. Thailand’s army announced its plans to purchase eight Boeing attack helicopters, according to a report.

The 737 MAX accounted for nearly 70% of Boeing’s overall commercial aircraft deliveries, and 30% of its total operating profit.

Amid the ongoing crisis with Boeing’s (BA) 737 MAX aircraft, the company won another major defense contract in August from the USAF.

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.

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 has reduced its stake in United Technologies. As per a regulatory filing, the fund sold 480,000 UTX shares in the second quarter.

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.

Boeing (BA) is stuck in the middle of the escalating trade war between the US and China. Recently, the trade tension intensified.

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).

Boeing (BA) reported dismal second-quarter results with the top and bottom lines both missing Wall Street analysts’ estimates.

Boeing and Lockheed Martin are competing for a $15 billion order. Defense spending is expected to increase as India’s armed forces modernize.

Boeing (BA) plans to report its second-quarter 2019 results on July 24.

The ongoing trouble with 737 MAX series planes has been hurting Boeing’s (BA) overall commercial aircraft deliveries.

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.

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.

One of the key points on which Modi campaigned was national security.

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.

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 (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 (BA) shares fell more than 5% on March 11 after several airlines grounded their 737 Max 8 fleets.

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.

On March 11, the Dow Jones Industrial Average futures are trading over 170 points lower in the pre-market session.

General Dynamics raised its quarterly dividend by 9.7% on March 6.

Boeing (BA) stock has been rallying since the beginning of this year and has outperformed major US indexes.

Boeing (BA) has always tried to enhance shareholders’ wealth through dividend payments and share buybacks.

Among the 24 analysts covering Boeing, nine recommended a “strong buy,” ten recommended a “buy,” and five recommended a “hold.”

The Boeing Company (BA) has received a consensus “buy” recommendation from Wall Street analysts polled by Reuters.

Last week, the Boeing Company (BA) announced winning a $43 million contract from the US Navy to build four large unmanned submarines.

The Boeing Company (BA) announced yesterday that it had entered into a partnership agreement with supersonic jet startup Aerion.

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.

On January 30, Boeing shares were trading 6% higher in the pre-market trading session. The company reported strong fourth-quarter results.

Shares of the Boeing Company (BA) have been on quite a ride since the beginning of this year.

The Boeing Company (BA) is set to report its fourth-quarter earnings results on January 30.

Boeing (BA) stock started 2018 on a positive note and carried this momentum forward up to November 7, with a return of ~26%.

Wall Street analysts have provided a consensus “buy” recommendation with a consensus ~1.92 rating for Boeing (BA) stock.

Boeing’s (BA) financial strength and cash flow–generating capabilities enable it to continue its shareholder return policy.

Boeing (BA) has always looked to enhance shareholders’ wealth through continuous, increading dividend payments.

Boeing (BA) has an impressive record of reporting better-than-expected quarterly earnings results.

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.

Boeing’s financial strength and cash flow–generating capabilities enable it to continue with its shareholder return policy.

The Boeing Company, the world’s largest aero-defense company, raised its quarterly dividend by 20% on December 17.

Boeing rose 2.7% yesterday after Cowen aerospace analyst Cai von Rumohr named the company his number one stock pick for 2019.

Caterpillar (CAT) reported revenues of $13.51 billion in the third quarter, an increase of 23.7% on a YoY (year-over-year) basis.

In Q3 2018, Honeywell’s (HON) Performance Materials and Technologies segment was the second-largest contributor to HON’s total revenue.

On October 1, Honeywell (HON) announced in a press release that it had entered into an agreement to acquire Transnorm.

On September 28, Honeywell (HON) announced its dividend for the fourth quarter.

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.

Of the 26 analysts tracking Boeing (BA) stock, eight analysts gave “strong buy” recommendations. Another 11 analysts gave “buy” recommendations.

On September 4, Honeywell (HON) announced that it acquired Ortloff Engineers. Honeywell didn’t disclose the financial aspects of the deal.

The Defense, Space & Security segment is the second-largest contributor to Boeing’s (BA) revenue.

Boeing, the world’s largest aerospace company, announced its second-quarter earnings results before the market opened on July 25.

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.

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).

On June 26, Boeing (BA) announced it has joined the race to make the next-generation version of the Concorde, a hypersonic jet.

FedEx (FDX) was optimistic about the passage of the Tax Cuts and Jobs Act (or TCJA).

Boeing (BA) operates in a highly capital-intensive industry.

On May 22, crude oil (DBO) rose towards $80.0 per barrel.

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 (BA), the world’s largest aerospace company, declared a quarterly cash dividend of $1.71 per share on its outstanding common stock.

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.

On May 1, Boeing (BA) announced an agreement to acquire aerospace parts distributor KLX (KLXI) for $3.2 billion in cash.

The world’s largest aerospace company, Boeing, announced its 1Q18 earnings today.

Analysts expect Boeing (BA) to post adjusted EPS (earnings per share) of $2.56 in 1Q18, representing 27.2% growth YoY (year-over-year).

Analysts now expect Boeing’s revenue to be $22.1 billion, after revising their estimate upward by $300.0 million.

Boeing (BA), the world’s largest aerospace company, is set to declare its 1Q18 results on April 25, 2018, before markets open.

Honeywell (HON) is expected to report revenue of $10.0 billion in 1Q18, representing a 5.7% increase from 1Q17’s $9.5 billion.

In January 2018, Boeing took a 17-aircraft lead over its archrival Airbus. Boeing delivered 44 commercial aircraft compared Airbus’s 27 aircraft.

On February 8, 2018, the Wall Street Journal reported that Boeing (BA) intends to acquire aerospace parts maker Woodward (WWD).

Boeing (BA) has a consensus rating of ~2.1 with an overall “buy” recommendation.

On January 31, Boeing (BA) announced its 4Q17 earnings. The world’s largest commercial aircraft manufacturer surpassed analysts’ adjusted earnings estimates by ~5.9%.

Analysts surveyed by Thomson Reuters expect Boeing (BA) to report an operating profit of $2.7 billion in 4Q17.

Honeywell (HON) is expected to report revenues of $10.8 billion in 4Q17, a 7.6% increase over the corresponding quarter last year.

On December 21, 2017, Chemours (CC) announced price hikes on some of its products.

In this series, we’ll discuss GE’s pension obligations and steps the company is taking to lower its pension burden.

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 […]

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 […]

Last week, Boeing (BA) overtook General Electric (GE) as the most valued company by market capitalization, breaking GE’s 27-year record.

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.

After GE’s investor update on November 13, 2017, the company’s stock plummeted to a new five-year low.

On November 7, Chemours (CC) announced that it would pay a dividend in 4Q17. Chemours announced that the dividend rate would be $0.03.

Lockheed Martin (LMT) is a worldwide security and aerospace company.

UTC (UTX) stock has generated more than 130% returns over the last decade. This is nearly double the S&P index returns during the same time period.

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 […]

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.

TransDigm Group Inc. (TDG US) is a leading designer and manufacturer of engineered aircraft components for commercial and military aircraft.

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.

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.

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 […]

Among the 19 analysts, 79% of the analysts recommended a “buy” on Honeywell, 21% recommended a “hold,” and none recommended a “sell.”

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 […]

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.