Lockheed Reports Q2 2020 Results; James Taiclet Quoted
Lockheed Martin reported net sales of $16.2 billion, net earnings of $1.6 billion and cash from operations of $2.2 billion for the second quarter of 2020.
Financial Reports
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Industry Execs Share Financial Outlook, Insights on FY 2021 Defense Budget
Executives from Lockheed Martin, Northrop Grumman and Huntington Ingalls Industries have expressed optimism on their financial performance in 2021 amid the COVID-19 pandemic, USNI News reported Monday.
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Raytheon Technologies Announces Early Tender Financial Results
Raytheon Technologies has announced at least $8.2 trillion in aggregate principal amount of the outstanding notes of Goodrich Corporation, Raytheon Company and Rockwell Collins, representing approximately 88.2 percent of the total outstanding principal amount of the subsidiary notes.
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CenturyLink Reports Q1 Financial Results; Jeff Storey, Neel Dev Quoted
CenturyLink reported financial results for the first quarter that ended March 31, noting net income, adjusted EBITA, net cash and more, on Friday.
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Raytheon Technologies Reports First Quarter 2020 Results; Greg Hayes Quoted
Raytheon Technologies has reported first quarter 2020 results for standalone United Technologies including Otis and Carrier. The separation of Otis and Carrier and merger with Raytheon Company occurred on April 3, after the quarter closed, the company reported on Thursday.
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Parsons Reports First Quarter 2020 Financial Results; Chuck Harrington Quoted
Parsons has announced financial results for the first quarter that ended March 31, reporting revenue increases, strong revenue growth and net income increases, the company reported on Wednesday.
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Leidos Reports Q1 2020 Financial Results; Roger Krone Quoted
Leidos has reported financial results for the first quarter of fiscal year 2020, noting revenues for the quarter were $2.89B, operating income for the quarter was $192M and operating income margin decreased to 6.6 percent from 7.5 percent in the prior year quarter, due to COVID-19, the company announced on Tuesday.Â
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Unisys Reports $200M Combined Contract Value in Q1 2020; Eric Hutto, Steve Relyea Quoted
Unisys has announced a set of first quarter 2020 contracts with new and existing clients valued at $200M, the company reported on Wednesday.Â
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AIA Reports Growth of U.S. Aerospace And Defense Industry
The aerospace and defense industry in the U.S. saw a significant growth in jobs and exports in 2018, which contributed more than $374B to the country’s gross domestic product, Rotor & Wing International reported Friday.
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Enlightenment Capital Raises $250M for Third Flagship Fund
Washington, D.C.-based Enlightenment Capital has raised $250M in capital commitments for its third fund, exceeding the private investment firm’s $200M target. The completion of Fund III will allow the company to continue to carry out its strategy to invest in middle-market firms in the aerospace, defense and government markets, Enlightenment Capital said Thursday.