The world’s largest aerospace and defense contractor also gave investors a forecast on how the current status of F-35 contract negotiations could affect its cash flow and detailed potential future impact on earnings from the merger of Lockheed’s services segment into Leidos.
Click here for GovCon Wire’s story on Lockheed’s second quarter results and this link here on what Lockheed’s finance chief said to investors on the Leidos transaction.
Next week, 10 of the GovCon Index‘s 30 companies and six listed in both the GCI and S&P 500 indices will report quarterly earnings to fill up the calendars of investors with keen interests in the aerospace, defense and government contracting sectors.
The GCI’s sister site GovCon Wire — Executive Mosaic’s home of news that moves the GovCon market — will have all the facts and figures as they come out with the details behind the numbers.
Here is the GovCon Wire and GovCon Index earnings calendar for next week:
Monday: Rockwell Collins
Wednesday: Boeing, General Dynamics, Northrop Grumman, Booz Allen Hamilton, ManTech International and McKesson Corp.
Raytheon Technologies (NYSE: RTX) has secured a five-year, $225.6 million contract from the U.S. Navy to develop the next hardware and software increment for the U.S. Navy’s Sidewinder air-to-air missile system. Under the cost-plus-fixed-fee contract, Raytheon’s missiles and defense business will perform updates as part of the AIM-9X Block II and Block II+ System Improvement
Raytheon Technologies’ (NYSE: RTX) Pratt & Whitney subsidiary will provide military services, non-Department of Defense organizations and foreign military customers with spare parts for the F-135 aircraft propulsion system under a potential $769.9 million contract modification from the U.S. Navy. DOD said Friday the vendor will also supply modules, packaging and shipping assistance, transportation materials,
Raytheon Technologies (NYSE: RTX) has secured a potential five-year, $440.6 million contract to provide design agent engineering services for the U.S. Navy’s multimission air defense radar system capable of operating within both S-band and X-band frequencies. The firm-fixed-price contract covers engineering efforts and supplies for the dual-band radar installed aboard the USS Gerald R. Ford