52360
Lockheed Martin’s Profits Up
Lockheed Martin’s Profits Up

Lockheed Martin’s Profits Up

Lockheed Martin’s Profits Up

Lockheed Martin Corp, the world’s largest defense contractor, reported a quarterly profit on Tuesday that handily beat analysts’ expectations, as sales of its Sikorsky helicopters pushed total revenue up 14.8%, Reuters reported. Lockheed’s shares were up about 7% in afternoon trading following the company’s earnings conference call. The company said third-quarter sales in its rotary and mission systems business unit jumped 55% to $3.35 billion, which included about $1.2 billion from sales of Sikorsky military and commercial helicopters. Lockheed completed the $9 billion acquisition of Sikorsky from United Technologies Corp last year.

 

Short URL : https://goo.gl/rtgrUf
  1. https://goo.gl/RIuaNI
  • https://goo.gl/1Qvvt9
  • https://goo.gl/50Xouu
  • https://goo.gl/kLWkQ8
  • https://goo.gl/a5QtUj

You can also read ...

Lower-income families, already pinching pennies, are most exposed, given the likelihood of tariff-related price increases on everyday items.
China canceled trade talks with the US and will no longer send...
Dairy Exports Hinder US-Canada Deal
One of the last remaining points of contention in the trade...
Apple Begins Selling IPhone XS, XS Max Worldwide
Apple’s newest iPhone XS went on sale worldwide Friday as...
EU foreign affairs chief Federica Mogherinia (L) and Transport Commissioner Violeta Bulc present the proposal  for an EU strategy for connecting Europe and Asia.
While European Union leaders were in the middle of another...
Turkey, Venezuela Plan to Use Local Currencies
Turkey and Venezuela are eager to use local currencies in...
Japan to Resist New Auto Tariffs
The Japan-US ministerial-level trade talks scheduled on Monday...
Pakistan Seeks  to Increase  Exports to China
In a positive development, an important mission from China is...
South Africa Says Will Swim Out of Recession
South African President Cyril Ramaphosa has ambitious plans to...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus