http://www.defensedaily.com Defense Daily en-us 2013 Mon, 20 May 2013 0:14:09 EDT A day after announcing it would increase its quarterly dividend payment by 11 percent, Northrop Grumman [NOC] yesterday said it would add $4... http://www.defensedaily.com/sectors/financial/21633.html Fri, 17 May 2013 0:00:00 EDT Northrop Grumman [NOC] yesterday said it will increase its quarterly stock dividend by 11 percent to 61 cents per share... http://www.defensedaily.com/sectors/financial/21625.html Thu, 16 May 2013 0:00:00 EDT ATK yesterday [ATK] said it has agreed to acquire Caliber Company, a parent of a company that makes rifles and shotguns for hunting and sporting customers, adding guns to its mix of products serving the sporting community. ATK said it would pay $315 million... http://www.defensedaily.com/sectors/financial/21591.html Tue, 14 May 2013 0:00:00 EDT Improved performance on submarine and amphibious transport ships drove first quarter profits up at Huntington Ingalls Industries [HII] despite flat sales, the company said yesterday. Net income increased 33 percent to $44 million, 87 cents earnings per share... http://www.defensedaily.com/sectors/financial/21554.html Thu, 9 May 2013 0:00:00 EDT ITT Exelis [XLS] on Friday reported double-digit dips in both its profits and sales amid tightening defense budgets and corporate restructuring charges that lopped $49 million off the bottom line. Net income slid 37 percent to $44 million, 23 cents earnings... http://www.defensedaily.com/sectors/financial/21510.html Mon, 6 May 2013 0:00:00 EDT ATK [ATK] yesterday closed its fiscal year on a solid note as net income was up in the double-digits despite a double-digit decline in sales. Net income in the fourth quarter jumped 18 percent to $72.7 million, $2.23 earnings per share (EPS), from $61.4... http://www.defensedaily.com/sectors/financial/21501.html Fri, 3 May 2013 0:00:00 EDT CACI International [CACI] yesterday posted lower net income and sales in its third quarter due to the draw down of war operations in Afghanistan, the effects of sequestration, and higher severance costs. Net income fell 6 percent to $38.4 million, $1.62... http://www.defensedaily.com/sectors/financial/21488.html Thu, 2 May 2013 0:00:00 EDT After 13 years at the helm of FLIR Systems [FLIR], the company on Friday said that Earl Lewis will retire next month as president and CEO and will be succeeded by Andrew Teich, president of the company’s Commercial Systems division. Teich has led the... http://www.defensedaily.com/sectors/financial/21440.html Mon, 29 Apr 2013 0:00:00 EDT Basically in line with its peers, Raytheon [RTN] yesterday posted higher first quarter earnings amid flat sales, as an extension of the federal research and development tax credit combined with a lower share count and improved operating margins raised the... http://www.defensedaily.com/sectors/financial/21418.html Fri, 26 Apr 2013 0:00:00 EDT L-3 Communications [LLL] yesterday posted higher net income thanks to the reinstatement of the federal research and development tax credit as the company’s operating income actually fell due to a shift toward lower margin sales and higher pension... http://www.defensedaily.com/sectors/financial/21421.html Fri, 26 Apr 2013 0:00:00 EDT Strong operating performance across the company combined with the extension of the federal research and development (R&D) tax credit powered a double-digit increase in Boeing’s [BA] first quarter earnings although sales were down slightly. Despite... http://www.defensedaily.com/sectors/financial/21398.html Thu, 25 Apr 2013 0:00:00 EDT Bolstered by its strong stock repurchase program and solid operating performance, Northrop Grumman [NOC] yesterday reported per share earnings that handily beat analysts’ expectations even though sales and net income declined slightly in the first... http://www.defensedaily.com/sectors/financial/21399.html Thu, 25 Apr 2013 0:00:00 EDT General Dynamics [GD] yesterday posted a small rise in first quarter earnings due to improved operating margins, lower interest expense and taxes despite a slight drop in sales as work for its military customers slowed. Net income rose a percent to $571... http://www.defensedaily.com/sectors/financial/21401.html Thu, 25 Apr 2013 0:00:00 EDT Lockheed Martin [LMT] yesterday posted strong first quarter earnings despite a slight dip in sales due to operational improvements and the company left its outlook for the year relatively intact but said the ongoing budget sequestration would pressure sales... http://www.defensedaily.com/sectors/financial/21384.html Wed, 24 Apr 2013 0:00:00 EDT Orbital Sciences Corp. [ORB] yesterday said its first quarter earnings rose sharply on margin improvements across its business segments despite sales that remained relatively level with a year ago. Net income jumped 50 percent to $19.6 million, 33 cents... http://www.defensedaily.com/sectors/financial/21389.html Wed, 24 Apr 2013 0:00:00 EDT Rockwell Collins [COL] last Friday said that Clay Jones, the company’s chairman and CEO, will retire at the end of July and will be succeeded as CEO by Kelly Ortberg, the company’s president. “This decision was made as part of a carefully... http://www.defensedaily.com/sectors/financial/21354.html Mon, 22 Apr 2013 0:00:00 EDT SAIC [SAI] on Tuesday posted positive net income in the fourth quarter after a loss a year ago was impaired by a hefty charge related to a workforce management system for New York City. Net income in the quarter was $182 million, 54 cents earnings per share... http://www.defensedaily.com/sectors/financial/21069.html Thu, 28 Mar 2013 0:00:00 EDT Shareholders in the European Aeronautic Defence and Space Co. (EADS) yesterday formalized plans agreed to by the company’s board and core shareholders in December to give the company’s leadership freer rein from national politics in the management... http://www.defensedaily.com/sectors/financial/21075.html Thu, 28 Mar 2013 0:00:00 EDT United Technologies Corp. [UTX] yesterday said it has completed the sale of the former Goodrich Corp. electric power systems business to... http://www.defensedaily.com/sectors/financial/21082.html Thu, 28 Mar 2013 0:00:00 EDT Air Force contracting personnel may be inappropriately increasing the service’s contracting risk by issuing cost-reimbursable, or non-firm-fixed-price, contracts because cost-reimbursable contracts provide less incentive for contractors to control... http://www.defensedaily.com/sectors/financial/21029.html Wed, 27 Mar 2013 0:00:00 EDT