Edition:
India

Mike Stone

Raytheon profit beats expectations; shares drop on unchanged outlook

25 Apr 2019

Shares of Raytheon Co slumped nearly 6 percent on Thursday after the U.S. weapons maker reported a jump in its quarterly profit but left its earnings outlook for the year unchanged.

UPDATE 3-Raytheon profit beats expectations; shares drop on unchanged outlook

25 Apr 2019

April 25 Shares of Raytheon Co slumped nearly 6 percent on Thursday after the U.S. weapons maker reported a jump in its quarterly profit but left its earnings outlook for the year unchanged.

General Dynamics beats profit estimates on higher Gulfstream deliveries

24 Apr 2019

Higher deliveries of Gulfstream jets helped General Dynamics Corp beat analysts' first-quarter profit estimates on Wednesday, sending shares of the U.S. aerospace and defense company surging nearly 6 percent before those gains were erased in late morning trading.

UPDATE 3-General Dynamics beats profit estimates on higher Gulfstream deliveries

24 Apr 2019

April 24 Higher deliveries of Gulfstream jets helped General Dynamics Corp beat analysts' first-quarter profit estimates on Wednesday, sending shares of the U.S. aerospace and defense company surging nearly 6 percent before those gains were erased in late morning trading.

Trump's policies lift Lockheed Martin's profit, shares surge

23 Apr 2019

Lockheed Martin Corp reported better-than-expected quarterly profit on Tuesday as U.S. President Donald Trump's looser policies on foreign arms sales boosted demand for missiles and fighter jets.

Turkish F-35 delivered to training base in Arizona, official says

05 Apr 2019

WASHINGTON A Lockheed Martin-made F-35 fighter jet for Turkey arrived on Wednesday at a military training facility in Arizona, an Air Force official said on Thursday, amid a dispute over Ankara's planned purchase of a Russian missile defence system.

Pentagon eyes F-35 sales to Greece, Romania and Poland: U.S. official

05 Apr 2019

WASHINGTON The United States is considering expanding sales of Lockheed Martin Corp-made F-35 fighter jets to five new nations including Romania, Greece and Poland as European allies bulk up their defences in the face of a strengthening Russia, a Pentagon official told Congress on Thursday.

U.S. halts F-35 equipment to Turkey, protests its plans to buy from Russia

02 Apr 2019

WASHINGTON The United States has halted delivery of equipment related to the stealthy F-35 fighter aircraft to Turkey, marking the first concrete U.S. step to block delivery of the jet to the NATO ally in light of Ankara's planned purchase of a Russian missile defence system. | Video

Lockheed clinches $2.4 billion deal for sale of THAAD missiles

02 Apr 2019

WASHINGTON Lockheed Martin Corp was awarded a $2.4 billion Pentagon contract on Monday for THAAD interceptor missiles, some of which are slated to be delivered to the Kingdom of Saudi Arabia.

U.S. sends message to Turkey, halts F-35 equipment shipments

02 Apr 2019

WASHINGTON, April 1 The United States has halted delivery of equipment related to the stealthy F-35 fighter aircraft to Turkey, a Pentagon spokesman said on Monday, marking the first concrete U.S. step to block delivery of the jet to the NATO ally in light of Ankara's planned purchase of a Russian missile defense system.

World News