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Tag Archives: paveway

Raytheon Lifts Guidance as 3Q Earnings Top Street; L-3’s 2017 Outlook Below Analyst Consensus

GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share and revenue guidance before markets opened Thursday with third quarter EPS above Wall Street’s expectations for both companies. Raytheon showed a year-over-year revenue increase for the third quarter on growth …

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Weekly Roundup August 8 – August 12 2016: KBR and HPE Make Public Sector M&A Plays & More

August 8 – August 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting sector observers got a twin bill of significant acquisition developments during the Thursday evening-Friday morning “down time” in financial markets to continue the GovCon industry’s ongoing deal spree. Prior to this …

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Raytheon & L-3 Boost Earnings Guidance on 2Q Beat, Leidos Below Street Outlook

Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst outlooks for each figure. Raytheon cited sales of its Paveway …

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Raytheon Posts 9% Sales Jump in 1Q on Missile Sales, Lifts Full-Year Earnings Outlook Despite 1Q Profit Decline

Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 — has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first quarter revenue increased 8.88 percent from the …

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Raytheon Wins $106M Commercial Bomb Sale; Harry Schulte Comments

Raytheon (NYSE: RTN) has won a $106 million contract to provide two types of precision-guided bombs to an unidentified international customer through a direct commercial sale. The order is for the Paveway II munitions family that uses laser and GPS technology, Raytheon said Thursday. Harry Schulte, vice president of air …

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Raytheon Wins $422M for Paveway Laser, GPS Bombs; Taylor Lawrence Comments

Raytheon (NYSE: RTN) has won a $422 million contract to provide a set of bombs using laser and GPS technology for a direct commercial sale, the company announced Wednesday. The sale came through a purchase of the Paveway family of munitions from an unidentified international customer. Forty-three international customers have …

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Lockheed Martin wins $16.5 Million Navy Task Order

Lockheed Martin has won a $16.5 million task order to deliver paveway II Enhanced Laser Guided Training Rounds (E-LGTR) to the U.S. Navy. This represents the fourth option exercised of a 2005 indefinite delivery/indefinite quantity contract, valued in excess of $114 million.  Lockheed Martin will extend production deliveries of E-LGTRs …

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