Home / Tag Archives: hypersonics

Tag Archives: hypersonics

McAleese & Associates: Lockheed’s Q2 2019 Sales Growth Driven by Space, Missiles & Fire Control Segments

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the second quarter of 2019 rise 8 percent to $14.4B primarily driven by sales growth in the company’s missiles and fires control sector and space segment.

Read More »

Raytheon, UTC Announce All-Stock Merger; Thomas Kennedy, Greg Hayes Quoted

Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have agreed to merge in an all-stock deal that will establish a platform-agnostic technology provider within aerospace and defense segments. The combined company will operate as Raytheon Technologies and be headquartered in the greater Boston metro area upon the deal’s completion, which is expected in the first half of 2020, the firms said in a joint statement published Sunday.

Read More »

McAleese & Associates: Raytheon Reports 7% Growth in Q1 2019 Sales

A new McAleese and Associates report says Raytheon (NYSE: RTN) saw its sales climb 7 percent to $6.7B in the first quarter of 2019 with an earnings per share of $2.77. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the Waltham, Mass.-based defense …

Read More »

McAleese & Associates: FY 2020 Navy, Marine Corps Budget Request Totals $206B

A report by consulting firm McAleese & Associates says the Navy and the Marine Corps requested a total budget of $206B for fiscal year 2020. The Navy’s FY 2020 budget request includes $20.4B in research, development, test and evaluation funds for several programs: unmanned surface vessels and unmanned underwater vehicles; directed energy; conventional …

Read More »

McAleese & Associates: Fiscal 2020 Air Force Budget Request Includes $39B ‘Non-Blue’ Funding

A report by consulting firm McAleese & Associates says the total U.S. Air Force budget request for fiscal year 2020 is roughly $205B, including $166B in “blue” funds and another $39B in “non-blue” funds. The service’s proposed FY 2020 budget seeks $46.1B in research, development, test and evaluation funds associated …

Read More »

Northrop Pushes Strategy to Explore Business Opportunities in Hypersonic Defense

TYSONS CORNER, VA, March 21, 2019 — Northrop Grumman (NYSE: NOC) unveiled plans to apply a four-tiered strategy in support of the company’s effort to build a competitive edge in the hypersonic defense market, ExecutiveBiz reported Wednesday. Defense News reported Tuesday that Northrop is moving to pursue opportunities in hypersonic …

Read More »

Cubic Eyes Protected Comms Portfolio Expansion With Nuvotronics Buy; Mike Twyman Quoted

Cubic (NYSE: CUB) has purchased microfabricated radio frequency systems provider Nuvotronics for approximately $64M in cash as part of efforts to expand its portfolio of protected communications technology offerings. Durham, N.C.-based Nuvotronics designs and builds antennas, combiners, filters and other RF devices using the PolyStrata technology developed by the company …

Read More »

McAleese and Associates: CFO Kenneth Possenriede on Lockheed’s 2019 Priorities

McAleese and Associates has released a report on Lockheed Martin’s (NYSE: LMT) 2019 priorities as discussed by Chief Financial Officer Kenneth Possenriede at a JP Morgan conference on Thursday. Some of the priorities mentioned include the F-35 fighter aircraft program; missiles and fire control sector; hypersonics; and the restart of …

Read More »