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Tag Archives: Financial News

Raytheon Tests Small New Warhead for UAVs

Raytheon (NYSE: RTN) tested a new warhead to be used by unmanned aircraft systems. According to the firm, “The new 5-pound warhead, manufactured by NammoTalley, is lighter than the current warhead but has significantly improved blast-fragment capability compared with the old design enabling Raytheon to reduce the size and weight …

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Lockheed Aegis Missile Takes Next Step

Lockheed Martin (NYSE: LMT) announced that its Aegis Ballistic Missile Defense system has tracked and engaged an intermediate range ballistic missile using data from a remote AN/TPY-2 radar.” According to the firm, “the Aegis BMD system fired a Standard Missile using real-time information from a remote sensor prior to the …

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Deltek Makes Financial Announcement

Deltek (Nasdaq: PROJ) will release its first quarter 2011 financial results on May 5 after the close of the market. According to the firm, “the company will host a conference call at 5:00 p.m. EDT that day to discuss these results. The dial-in number for the conference call is 1-877-381-6419 …

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Boeing Schedules Financial Call

Boeing (NYSE: BA) will roll out its financial results for the first quarter of 2011 at 7:30 a.m. EDT on April 27. According to the firm, “Chairman, President and Chief Executive Officer Jim McNerney and Corporate President and Chief Financial Officer James Bell will discuss the results and company outlook …

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Cisco Caps newScale Acquisition

Cisco (NASDAQ: CSCO) has finalized its sale of newScale Inc., a service catalog and self-service portal software for IT organizations looking for a quick shift to a cloud platform. services within their businesses. According to the firm, “Cisco’s cloud strategy is to harness the network as a platform for building …

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Appian Sees Growth in New Financial Numbers

Appian released financial figures from first quarter 2011, seeing a 202-percent jump from the same period of 2010, noting especially positive results from cloud operations According to the firm, “Appian Cloud customers continued to cite time-to-deployment, no up-front investment, and seamless migration to on-premise as their primary reasons for choosing …

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Northrop’s $5 Million USO Donation Largest Ever

Northrop Grumman (NYSE: NOC) is donating $5 million to support the Wounded Warrior and Family Center on the grounds of Fort Belvoir in Virginia. Northrop’s donation is the largest single gift to the USO in the organization’s 70-year history. According to the firm, “the center at Fort Belvoir will be …

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Successful Missile Test for Raytheon

Raytheon (NYSE: RTN) announced it completed the first Standard Missile-3 Block IA flight test against an intermediate range ballistic missile. According to the firm, “the test also demonstrated the SM-3 Block IA’s ability to engage a ballistic missile target when launched on remote.” “This test certifies phase I of the …

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Lockheed Martin Picks Up Biometrics ‘Co. of the Year’ Tag; Linda Gooden Comments

Lockheed Martin (NYSE: LMT) was named North American Biometrics Operations and Integrations “Company of the Year” by Frost & Sullivan. The award highlights the firm’s ability to create “high-value” solutions for customers in the field “Lockheed Martin has a proud history of delivering biometric solutions that play an important role …

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L-3 Books Defense Deal

According to the Department of Defense, “L-3 (NYSE: LLL) was awarded a $6, 974, 660 firm-fixed-price indefinite-delivery/indefinite-quantity contract.  The award will provide for the procurement of 2, 588 Enhanced Third Generation Image Intensification Ground Night Vision Imaging Systems.  Work will be performed in Garland, Texas, with an estimated completion date …

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