Lockheed Martin Passes Important Missile Test
Ockham Research submits: On Thursday, the media got word from the U.S. Air Force of successful testing of Lockheed Martin’s (LMT) new and improved long range missiles. The successful testing, in which 15 out of 16 missiles got the desired result, should clear the way for up to $4.4 billion in contracts through 2023 after a Pentagon review of the program in December. Back in June, an Air Force spokesman said that the program faced possible termination if these tests were unsatisfactory. The previous three tests were far less successful with just six out of ten missiles detonating on impact or hitting the desired target. Improvements to manufacturing processes and quality of inputs were likely the key to the new found success. “Lockheed has contracts so far to build 1,053 Joint Air-to- Surface-Standoff Missiles and has received about $600 million. The company would receive about $4.4 billion more from building the remaining 3,847 the service plans to buy.Complete Story » seekingalpha.com |
Goodyear Tire & Rubber Co. Q4 2009 Earnings Call Transcript
Goodyear Tire & Rubber Co. (GT)Q4 2009 Earnings CallFebruary 18, 2010 10:00 am ETComplete Story » seekingalpha.com |
Harley-Davidson, Inc. Q1 2009 Earnings Call Transcript
Harley-Davidson, Inc. (HOG)Q1 2010 Earnings CallApril 20, 2010 9:00 am ETComplete Story » seekingalpha.com |
Norfolk Southern's Earnings Show Improving Economic Picture
David I. Templeton submits: After the market close Tuesday, Norfolk Southern (NSC) reported earnings (PDF) that increased 58.7%. The earnings of $1.04 per share bettered year ago results of 66 cents per share. Additionally, the results were 5 cents higher than analyst expectations of 99 cents per share.Revenue increased 30.9% to $2.4 billion. During the company's conference call Tuesday night, NSC noted,Complete Story » seekingalpha.com |
CSX CEO Discusses Q3 2010 Results - Earnings Call Transcript
CSX Corp. (CSX)Q3 2010 Earnings CallOctober 13, 2010 8:30 am ETComplete Story » seekingalpha.com |