defense

It’s been a quick comeback for the S&P 500 Index (SPX), which hit new record highs Thursday and sits more than 8% above its early-June low. The index rose every day so far this week, though it shows signs of flagging early Friday as tensions in the Middle East remain in the picture. It...

Parker Hannifin Corporation (NYSE: PH) announced Monday that it has entered an agreement to buy privately held LORD Corp. for about $3.675 billion in cash.  What Happened Cary, North Carolina-based Lord offers advanced adhesives, coatings, specialty materials and vibration amd motion control...

Jacobs Engineering Group Inc (NYSE: JEC) and KEYW Holding Corp. (NYSE: KEYW) announced a definitive merger agreement Monday.   The $815-million deal makes KeyW — an intelligence, cyber, mission and IT analytics company operating in the intelligence and national security...

Harris Corporation (NYSE: HRS) and Elbit Systems Ltd. (NASDAQ: ESLT) announced a $350-million deal Friday for Elbit to acquire Harris' night vision business. What Happened The sale is predicated on the completion of Harris' recent proposed merger with L3 Technologies, Inc. (NYSE: LLL), as...

Aerospace and defense company General Dynamics Corporation (NYSE: GD), perhaps best known for its F-16 fighter jet, is expected to lag its peers in 2019 amid the "greatest peactime defense upcycle" since the Reagan administration, according to Credit Suisse. The Analyst Credit Suisse'...

The aerospace sector remains in the late stages of the cycle, while the defense sector faces a degree of uncertainty, with President Donald Trump looking to cut Department of Defense spending by 5 percent. Yet opportunities still exist for investors in the two segments, according to Morgan Stanley...

Global security and aerospace company Lockheed Martin Corporation (NYSE: LMT) reported Tuesday its third-quarter results, highlighted by a top-and-bottom-line beat and an upward revised guidance. Here's a summary of how some of the Street's top analysts reacted to the print. The Analysts...

Aircraft component designer, producer and supplier TransDigm Group Incorporated (NYSE: TDG) confirmed Wednesday it entered an agreement to buy aerospace and defense supplier Esterline Technologies Corporation (NYSE: ESL) for a near 40-percent premium. What Happened TransDigm reached...

Shipbuilder Huntington Ingalls Industries Inc (NYSE: HII) is a pure play on the defense sector and boasts an "underappreciated story" that investors should take advantage of, according to Buckingham Research Group.  The Analyst Analyst Richard Safran initiated coverage of...

Leidos Holdings, Inc. (NASDAQ: LDOS), a U.S.-based defense company formed as part of a 2016 spin-off, is among the least expensive defense stock, according to Goldman Sachs. The Analyst Goldman Sachs' Noah Poponak maintains a Buy rating on Leidos Holdings' stock with a price target...

The case for buying Northrop Grumman Corporation (NYSE: NOC)'s stock was solidified after the company was green-lighted by European regulators to acquire Orbital ATK Inc (NYSE: OA), according to Jefferies. The Analyst Jefferies' Sheila Kahyaoglu upgraded Northrop Grumman's stock...

Actually, not much. At least, not as much as they’d spent under other presidents or other diplomatic circumstances. Since the start of his term, President Donald Trump has authorized the deployment of the “Mother of All Bombs,” called to increase military presence in Afghanistan...

The poor, the elderly, the disabled, college students and environmental protections all stand to take a big hit if Congress approves President Donald Trump’s $4.1 trillion budget for fiscal year 2018. Defense contractors, corporations in general and the wealthiest Americans all stand to gain...