Latest Raytheon Co News and Updates
Consider These Defense Stocks Amid Russia-Ukraine Tensions
Comparing Lockheed Martin with other major defense contractors
With total sales of $45,358 million in 2013, Lockheed Martin is the largest defense contractor in the world. The other major defense contractors in the world include The Boeing Company and Raytheon Company.
An investor’s introduction to Lockheed Martin Corporation
In 2013, Lockheed Martin clocked revenues of $45.4 billion. Of its revenues, 82% come from the U.S. government, around 17% from international customers, and 1% from other U.S. commercial customers.
Raytheon Company’s Integrated Defense Systems
Raytheon’s Integrated Defense Systems segment saw marginally lower sales during the year due to lower sales across most of its major programs such as the Patriot program.
What does General Dynamics’ order backlog reflect?
General Dynamics’ total backlog grew from $45.9 billion at the end of 2013 and to $72.4 billion at the end of 2014. This was a whooping 58% increase.
Northrop Faces Fierce Challenge from Lockheed over T-X Contract
Both Boeing’s (BA) and Northrop Grumman’s (NOC) teams have submitted clean sheet bids to the US Air Force.
How Boeing’s Dividend Yield Stacks Up with Peers
Boeing (BA) has a forward dividend yield of 2%, which is slightly higher than the average 1.6% forward dividend yield of the aerospace and defense sector peer group.
A look at General Dynamics’ stock performance versus its peers
General Dynamics’ stock outperformed the index at all times. In the past year, it gave its shareholders 38% returns. The index returned 15% to shareholders.
Raytheon’s Intelligence, Information and Services Segment
The Intelligence, Information and Services segment was almost in line with last year. So were the operating income and margins, all of which saw marginal declines.
Raytheon: A Top Pick to Hedge against Political Risks
Credit Suisse cited L-3 Communications (LLL), Raytheon (RTN), and General Dynamics (GD) as its picks to hedge against the election cycle.
Raytheon Company: An Introduction
Raytheon is a global technology leader and US defense contractor. It primarily develops and manufactures weapons and military and commercial electronics.
Analysts Expect Raytheon to Beat Its 3Q16 Earnings Guidance
Raytheon will release its 3Q16 earnings on October 27. The consensus forecast is for Raytheon to post an adjusted EPS of $1.66—12.9% growth YoY.
Johnson Controls Settles Its Bribe Charges
Johnson Controls (JCI) rose by 0.32% to close at $43.98 per share during the second week of July 2016.
China Sanctions Boeing, Raytheon, and Lockheed Martin for Arms Sales
Why LMT’s earnings increased despite the revenue decline
One of LMT’s cost reduction activities includes transferring employees from a defined benefit plan to a defined contribution plan. This reduced the company’s pension costs.
Why Lockheed Martin’s decreasing orderbook is a concern
An order backlog is an important indicator for investors to understand how a manufacturing company’s revenue could grow in the future.
Why LMT is reducing its spending on research and development
LMT had a few cost reduction activities. It reduced its workforce and factory space. It also shifted its employees from defined benefit pension plans to defined contribution plans.
Lockheed Martin’s must-know growth opportunities
In terms of revenue, Lockheed Martin (LMT) is one of the largest defense contractors. Wars with Afghanistan and Iraq led to an increase in defense budgets, which has benefited LMT.
Lockheed Martin combats the impact of sequestration
The impact of sequestration is different for Lockheed Martin’s (LMT) different business segments. For segments with longer product cycles, like Aeronautics and Space Systems, the impact will be muted.
Lockheed Martin is returning value to shareholders
What’s more important to retail investors is Lockheed Martin’s commitment to return at least 50% of its free cash flow to its shareholders. It does this through dividend payouts and share buybacks.
Jeffrey Gundlach Thinks that Donald Trump Would Win
At the recent Sohn Investment Conference, Jeffrey Gundlach of DoubleLine Capital expressed his belief that Donald Trump would win the presidency.
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.
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.
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.
Is FedEx Bill Ackman’s Next Investment Target?
FedEx stock gained nearly 3% on August 6 on speculation that Bill Ackman’s Pershing Square had bought a significant stake in the company.
Why Dan Loeb Is Concerned about the UTX-RTN Deal
Dan Loeb explained his opposition to the United Technologies (UTX) and Raytheon (RTN) merger in a letter to the members of UTX’s board on June 28.
Dan Loeb Joins Bill Ackman, Opposes UTX-RTN Merger
On June 9, United Technologies (UTX) and Raytheon (RTN) agreed to merge their businesses to create a new aerospace and defense powerhouse.
United Technologies-Raytheon Merger to Create Long-Term Value
The merger between United Technologies (UTX) and Raytheon (RTN) is likely to build a broad and complementary portfolio of high-growth aerospace and defense products.
Bill Ackman and Dan Loeb Oppose UTX-RTN Aerospace Merger
UTX has been a key contributor to Pershing’s gains so far this year.
Why UTX-RTN Merger Obstacles May Not End Anytime Soon
On June 9, United Technologies (UTX) and Raytheon Company (RTN) agreed to merge their businesses to create a new aerospace and defense powerhouse.
UTX-RTN Merger May Face Hurdle in Getting Anti-Trust Approval
It likely won’t be easy for United Technologies and Raytheon to merge their businesses, as President Trump and the Pentagon are concerned about reduced competition.
Why Modi’s Second Term Is Good News for US Defense Contractors
One of the key points on which Modi campaigned was national security.
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%.
Boeing Declared Quarterly Dividend of $1.71 Per Share
On June 25, Boeing (BA) announced a quarterly cash dividend of $1.71 per share on its outstanding common stock.
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.
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.
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.
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.
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.
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 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.
Gabelli Downgrades Johnson Controls Stock to ‘Hold’
In fiscal 2016, JCI reported net sales of $37.7 billion, a rise of 1.3% YoY (year-over-year).
Defense Sector Stocks Achieve Liftoff from Trump’s Victory
Because Republicans retained control of both legislative houses, investors expected that defense budgets would be easier to pass.
How Did Johnson Controls Perform in 4Q16?
Price movement Johnson Controls (JCI) has a market cap of $41.7 billion. It rose 5.7% to close at $43.94 per share on November 8, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 6.5%, -1.8%, and 40.9%, respectively, on the same day. JCI is trading 1.9% above its 20-day moving average, 2.0% […]
Inside Boeing’s Often Overlooked Risk: Pension Liabilities
For Boeing (BA) to fulfill this promise to its employees, it would require $17.9 billion—a huge sum by any standard.
Elections up the Ante in Choosing Best Defense Stock Investment
With the US presidential elections upon us in a few weeks, investors may be looking for a cover that protects their portfolio from political risks.
Northrop Grumman Stock Jumps as Earnings Crush Estimates
Leading defense contractor (PPA) Northrop Grumman (NOC) declared its 3Q16 earnings on October 26, 2016. The company’s earnings per share rose 22%.
Bernstein Has Rated Johnson Controls ‘Outperform’
Johnson Controls (JCI) has a market cap of $42.3 billion. It rose 0.61% to close at $44.55 per share on September 16, 2016.
Macquarie Upgrades Johnson Controls to ‘Outperform’
Johnson Controls (JCI) has a market cap of $30.9 billion. It rose by 1.4% to close at $47.86 per share on September 8, 2016.
Why Did Johnson Controls Rise on September 6?
Johnson Controls (JCI) has a market cap of $31.5 billion. It rose by 2.4% to close at $48.90 per share on September 6, 2016.
Moody’s Upgrades Johnson Controls’ Senior Unsecured Rating
Johnson Controls (JCI) has a market cap of $28.1 billion. It fell by 0.34% to close at $43.88 per share on August 31, 2016.
Johnson Controls’ New Contract with Methodist Healthcare
Johnson Controls (JCI) has a market cap of $28.2 billion. It fell by 1.8% to close at $44.27 per share on August 24, 2016.
Johnson and Tyco Shareholders Approved Merger
Johnson Controls (JCI) has a market cap of $28.7 billion. It rose by 0.43% to close at $44.32 per share on August 17, 2016.
How Did Johnson Controls Perform in 3Q16?
Johnson Controls reported 3Q16 net sales of $9.5 billion, a fall of 1.0% compared to net sales of $9.6 billion in 3Q15.
What Could Turn around a Dull 2016 for the Invesco American Franchise Fund?
The Invesco American Franchise Fund Class A has fallen by 0.5% YTD in 2016—a below-average performer among the pack of 12 funds in our review.
Other Defense Majors Made for Better 2016 Picks Than Raytheon
Raytheon (LMT) has managed to beat consensus EPS (earnings per share) as well as revenue estimates seven times in the last eight quarters.
Johnson Controls Declares $0.29 Per Share Dividend
Johnson Controls (JCI) has a market cap of $28.8 billion. It rose by 0.29% to close at $44.32 per share on July 20, 2016.
What Does Boeing’s Current Valuation after 1Q16 Mean?
As of April 28, 2016, Boeing had a forward EV-to-EBITDA multiple of 8.26x. This is higher than its average valuation of 7.73x since February 2008.
What Is Boeing’s Program Accounting Issue About?
Boeing (BA) uses program accounting, a technique that allows the company to spread out its huge manufacturing costs over time by cutting the cost per plane in the early stages of a project, and smoothening profit margins over time.
The Boeing Company: From the Beginning
Boeing is the world’s largest aerospace company. It is the largest commercial jet manufacturer in the US and the world’s second largest behind Airbus.
Comparing Boeing’s Valuation to Its Peers
Boeing is the largest company by market capitalization among our selected peers, while Bombardier is the smallest.
Is Raytheon an Attractive Investment Option?
An investment in Raytheon stock would have generated about 94% returns in the past five years. This is just slightly more than the 88% returns from the S&P Index.
What Are Raytheon’s Growth Opportunities?
With more cyberattacks, the government is expected to increase its defense spending soon. Raytheon appears to be a promising beneficiary.
What Are Raytheon’s Strengths and Weaknesses?
Raytheon (RTN) is a global leader in defense and government solutions. It has more than 15,000 individual contracts. The company is a strong contractor for the US government.
Raytheon’s Full-Year 2014 Performance Was Stagnant
Compared to a mixed fourth quarter performance, Raytheon’s full-year 2014 performance was disappointing. The revenue for the full-year 2014 was $22.8 billion.
What Should Investors Know About Raytheon?
Raytheon is a leading technology company. It provides products and services in the defense, civil, and security markets globally.
Analyzing Raytheon’s Strong Performance in 4Q14
Raytheon (RTN) is one of the leading contractors and aerospace companies in the US. It performed well in 4Q14. Its revenue grew substantially.
Lockheed Martin: How does the company make money?
Lockheed Martin has many successful and time-proven programs under its belt. Lockheed Martin’s major customer is the US government and its allied agencies.
Northrop Grumman looks to international market for new business
As a result of diminished demand at home, the company is now concentrating on the international market, supplying products and services abroad.
General Dynamics’ stock beat index returns in 2014
General Dynamics’ share saw healthy growth in the past year. It beat the index returns comfortably. During the past year, the stock generated about 40% returns.
What’s in store for Honeywell’s new 5-year plan?
Honeywell’s (HON) new five-year plan sets expectations of about $50 billion in revenue and 18.5%–20% operating margins by 2018.
Honeywell’s future cash utilization plan
Now, we’ll look at Honeywell’s future cash utilization plan. Honeywell said it plans to spend more than $10 billion on acquisitions in the next five years.
Analyzing how Honeywell makes money
Honeywell International Inc. (HON) is headquartered in Morristown, New Jersey. It was incorporated in 1985. It’s a Fortune 100 company.
A history of LLL’s mergers and acquisitions
LLL’s mergers and acquisitions strategy helps the company broaden its capabilities and join hands with other players to fulfill customer needs.
How India has changed its foreign direct investment limits
A cap on foreign direct investment in sectors like retail and defense was a major hindrance for foreign business in India.
An overview of BA’s business segments
BA’s business segments are Boeing Commercial Airplanes (or BCA) and Boeing Defense, Space & Security (or BDS).
The next wave of global defense growth
There are two distinct trends in global defense spending at the moment—reduced spending in the West, and increased spending in the Middle East and Asia.
India to increase the foreign direct investment cap on defense
Foreign firms have said they need higher investment caps and greater management control if they’re going to develop a bigger industrial base in India.