Edition:
United Kingdom

Mike Stone

UPDATE 3-Raytheon's mixed quarter, modest forecast hurt shares

31 Jan 2019

Jan 31 Tomahawk missile maker Raytheon Co disappointed investors on Thursday by forecasting conservative 2019 profit and revenue after reporting quarterly revenue below Wall Street expectations.

General Dynamics 2019 outlook disappoints, fourth-quarter profit rises

30 Jan 2019

General Dynamics Corp on Wednesday forecast 2019 profits lower than analysts estimated and said margins in its critical business jet unit would not improve substantially until 2020, sending shares down nearly 4 percent.

U.S. State Department approves possible $2.1 billion sale of Aegis system to Japan

29 Jan 2019

WASHINGTON The U.S. State Department has approved a possible sale to Japan of two Lockheed Martin-made AEGIS Weapon Systems and related missile defense equipment for an estimated cost of up to $2.15 billion, the Pentagon said on Tuesday.

Lockheed forecasts 2019 profit below view, but sees higher cash flow

29 Jan 2019

Lockheed Martin Corp, the Pentagon's top weapons supplier, on Tuesday forecast 2019 profit below estimates and reported that quarterly margins slipped at the unit that makes the radar-evading F-35 fighter jet and C-130 transport plane.

U.S. Air Force accepts first long-delayed KC-46 tanker jet

10 Jan 2019

WASHINGTON The U.S. Air Force has accepted the long-delayed first delivery of the KC-46 tanker jet made by Boeing, an Air Force spokeswoman said on Thursday.

UPDATE 2-U.S. Air Force accepts first long-delayed KC-46 tanker jet

10 Jan 2019

WASHINGTON, Jan 10 The U.S. Air Force has accepted the long-delayed first delivery of the KC-46 tanker jet made by Boeing, an Air Force spokeswoman said on Thursday.

Exclusive: U.S. Air Force to take delivery of Boeing tanker by year end, sources

20 Dec 2018

WASHINGTON The U.S. Air Force will take its first delivery this month of the long-delayed KC-46 aerial refueling tanker made by Boeing Co , people familiar with the process said.

Lockheed Martin reaches 2018 F-35 delivery target of 91 jets

20 Dec 2018

WASHINGTON Lockheed Martin Corp said on Thursday it has reached its 2018 target to deliver 91 F-35 fighter jets to the United States and its allies, as the defense contractor built 38 percent more jets this year.

Saudi Arabia inks deal for Lockheed's missile defense system

28 Nov 2018

WASHINGTON Saudi Arabia will buy Lockheed Martin's $15 billion missile defense system, a U.S. Department of State spokesman said on Wednesday, after aggressive lobbying by the administration to close the deal that included a personal call between President Donald Trump and Saudi King Salman.

Trump stands by Saudi prince despite journalist Khashoggi's murder

21 Nov 2018

WASHINGTON President Donald Trump vowed on Tuesday to remain a "steadfast partner" of Saudi Arabia despite saying that Saudi Crown Prince Mohammed bin Salman may have known about the plan to murder dissident journalist Jamal Khashoggi last month. | Video

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