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Tag: Share Repurchase

Lockheed Posts 4% Rise in Q4 Sales, Offers Update on Aerojet Rocketdyne Deal Status; Jim Taiclet QuotedFinancial Reports

Lockheed Posts 4% Rise in Q4 Sales, Offers Update on Aerojet Rocketdyne Deal Status; Jim Taiclet Quoted

Lockheed Martin (NYSE: LMT) reported $17.7 billion in net sales during the fourth quarter of its 2021 fiscal year, up
White House’s $1.75T Social Safety Net Measure Includes 1% Tax on Stock BuybacksIndustry News

White House’s $1.75T Social Safety Net Measure Includes 1% Tax on Stock Buybacks

A proposed $1.75 trillion social safety net spending and climate change bill known as the Build Back Better Act includes
McAleese: BAE Recorded Sector Profit Growth of 27% in First Half of 2021Financial Report

McAleese: BAE Recorded Sector Profit Growth of 27% in First Half of 2021

A new McAleese & Associates report noted that BAE Systems posted a 6 percent sales growth and saw its sector
Oroco Capital Closes Buy of AECOM’s Civil Construction Unit; Troy Rudd QuotedM&A Activity

Oroco Capital Closes Buy of AECOM’s Civil Construction Unit; Troy Rudd Quoted

Bethesda, Maryland-based infrastructure investment firm Oroco Capital has completed its acquisition of the civil construction business from AECOM (NYSE: ACM)…
Private Equity Firms Close $2.4B Purchase of AECOM’s Management Services Arm; Michael Burke QuotedM&A Activity

Private Equity Firms Close $2.4B Purchase of AECOM’s Management Services Arm; Michael Burke Quoted

Affiliates of private equity firms Lindsay Goldberg and American Securities have completed the acquisition of AECOM’s (NYSE: ACM) management services business for $2.4B. “We are pleased…
McAleese & Associates: HII Reports 10% Growth in Year-to-Date SalesFinancial Report

McAleese & Associates: HII Reports 10% Growth in Year-to-Date Sales

A report by consulting firm McAleese & Associates says Huntington Ingalls Industries (NYSE: HII) saw its revenue rise 12 percent to $2.1B in the third
Huntington Ingalls CEO: Shipbuilder Gains Prime Contract Opportunities Through Camber PurchaseM&A Activity

Huntington Ingalls CEO: Shipbuilder Gains Prime Contract Opportunities Through Camber Purchase

Huntington Ingalls Industries (NYSE: HII) believes its pending $380 million acquisition of Camber Corp. gives the military shipbuilder increased opportunities
Lockheed’s Revised 2016 Outlook Post-Leidos Deal Tops Street ConsensusFinancial Report

Lockheed’s Revised 2016 Outlook Post-Leidos Deal Tops Street Consensus

Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since
Boeing Cuts Earnings Outlook on 2Q Loss as GD & Northrop Lift Forecasts on Beats,  Booz Allen & CGI Top Street EstimatesFinancial Report

Boeing Cuts Earnings Outlook on 2Q Loss as GD & Northrop Lift Forecasts on Beats, Booz Allen & CGI Top Street Estimates

Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and
Lockheed Eyes Further Share Count Cut Via Leidos Transaction,  to Use Cash Dividend for Stock BuybackFinancial Report

Lockheed Eyes Further Share Count Cut Via Leidos Transaction, to Use Cash Dividend for Stock Buyback

Lockheed Martin (NYSE: LMT) envisions further reductions in its outstanding share count after the merger of its information systems and global