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Category: Financial Reports

Castellum Rated ‘Buy’ in EF Hutton’s Coverage; Mark Fuller QuotedFinancial Reports

Castellum Rated ‘Buy’ in EF Hutton’s Coverage; Mark Fuller Quoted

Investment bank EF Hutton has started research coverage of Castellum (NYSE-American: CTM) and issued a “Buy” rating to the electronic
Boeing’s 1st Quarter Revenue Rises to $17.9BFinancial Reports

Boeing’s 1st Quarter Revenue Rises to $17.9B

Higher sales from commercial airplanes and the defense, space and security business contributed to Boeing’s (NYSE: BA) $17.9 billion revenue
Raytheon Q1 2023 Revenue Up 10%; Christopher Calio Offers Update on Portfolio RealignmentFinancial Reports

Raytheon Q1 2023 Revenue Up 10%; Christopher Calio Offers Update on Portfolio Realignment

Raytheon Technologies (NYSE: RTX) reported $17.2 billion in sales during the first quarter of 2023, up 10 percent from the
Report: US Accounted for Nearly 40% of Global Military Expenditure in 2022Financial Reports

Report: US Accounted for Nearly 40% of Global Military Expenditure in 2022

A report from the Stockholm International Peace Research Institute shows that amid high inflation, U.S. defense spending hit $877 billion
Iridium Books 22% YOY Revenue Growth in Q1; Matt Desch Touts ‘Robust’ Business EnvironmentFinancial Reports

Iridium Books 22% YOY Revenue Growth in Q1; Matt Desch Touts ‘Robust’ Business Environment

Iridium Communications (Nasdaq: IRDM) logged total revenue of $205.3 million for the first quarter of 2023, up 22 percent year-over-year
Lockheed Posts $15.1B in Q1 2023 Revenue; Jim Taiclet QuotedFinancial Reports

Lockheed Posts $15.1B in Q1 2023 Revenue; Jim Taiclet Quoted

Lockheed Martin (NYSE: LMT) raked in $15.1 billion in net sales for the first quarter of 2023, $6.23 billion of
SAIC Posts Growth in Q4, FY 2023 Revenues; Nazzic Keene QuotedFinancial Reports

SAIC Posts Growth in Q4, FY 2023 Revenues; Nazzic Keene Quoted

Science Applications International Corp. (NYSE: SAIC) posted a 4 percent revenue growth for its 2023 fiscal year, with sales totaling
Leonardo DRS Posts $2.7B in Full-Year FY22 Revenue, $4.3B Record Backlog; William Lynn QuotedFinancial Reports

Leonardo DRS Posts $2.7B in Full-Year FY22 Revenue, $4.3B Record Backlog; William Lynn Quoted

Leonardo’s U.S. defense subsidiary reported revenues of $820 million during the fourth quarter and $2.7 billion for the full fiscal
President’s Proposed FY24 Budget Includes $842B for Pentagon; Lloyd Austin QuotedFinancial Reports

President’s Proposed FY24 Budget Includes $842B for Pentagon; Lloyd Austin Quoted

President Joe Biden’s budget request for fiscal year 2024 includes $842 billion in defense spending and Lloyd Austin, secretary of
ICF Logs Double Digit Q4 Revenue Growth; John Wasson Touts 2022 ‘Record Year’ for Contract WinsFinancial Reports

ICF Logs Double Digit Q4 Revenue Growth; John Wasson Touts 2022 ‘Record Year’ for Contract Wins

ICF (Nasdaq: ICFI) reported an increase of 22.6 percent in sales for the fourth quarter of 2022 to $475.6 million