Orders for Dassault Aviation's Falcon business jets dropped to their lowest level in five years as the threat of tariffs delay assembly and keep customers at bay https://t.co/Ub4cjzPRG4 ...

This is despite @SpaceX competitors increasing their launch rates. SpaceX is an anomaly in the matrix.Nothing can compare to a system designed to make life/consciousness multiplanetary.Eva Fo𝕏 🦊 Claudius Nero's Legion (@EvaFoxU):SpaceX will launch over 90% of all of Earth’s payload mass to orbit this year! 🤯When Starship is launching at high rate, SpaceX will probably carry >99% of Earth’s payload mass to orbit!https://t.co/wBPMg32we4 ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Out of my 16 holdings, four are part of the aerospace & defense industry, representing 20% of my overall portfolio. ThisAnalyst’s Disclosure:I/we have a beneficial long position in the shares of RTX, LHX, NOC, GE either through stock ownership, options, or other derivatives. I w ...

Key Takeaways HON's Q2 revenues are expected to rise 4.6% to $10B, with EPS up 6% to $2.64. Aerospace and energy units likely drove growth, offset by industrial automation segment weakness. Rising costs from digital and integration investments may pressure Honeywell's margins this quarter.Honeywell International Inc. (HON) is scheduled to release second-quarter 2025 results on July 24, before market open.The Zacks Consensus Estimate for HON’s second-quarter revenues is pegged at $10 billion, indicating gr ...

Oggi, sopra le nostre teste, orbitano oltre 34.000 oggetti artificiali. Solo circa 10.000 sono ancora operativi e fondamentali per la nostra vita quotidiana. Il resto? È lì, invisibile ma sempre presente. Per capire davvero cosa sta accadendo, è fondamentale conoscere come funzionano i satelliti, comprendere le orbite in cui si muovono, e agire per preservare lo Spazio prima che sia troppo tardi. Pierluigi è professore associato presso il Dipartimento di Scienze e Tecnologie Aerospaziali del Politecnico di ...

Key Takeaways Northrop Grumman reported Q2 EPS of $7.11, beating estimates by 6% on sales of $10.35B. Strength in Mission, Defense and Aeronautics Systems offset a 12% sales decline in Space Systems. NOC raised its 2025 earnings and free cash flow guidance above prior projections.Northrop Grumman Corporation (NOC) reported second-quarter 2025 adjusted earnings of $7.11 per share, which beat the Zacks Consensus Estimate of $6.71 by 6%.Including one-time items, the company reported GAAP earnings of $8.15 pe ...

Financial Data and Key Metrics Changes - The company reported sales of $18 billion for the second quarter, with a year-over-year increase and a sequential increase from the first quarter [6][22] - Segment operating profit was $570 million, impacted by $1.8 billion in total charges, primarily from legacy programs [23][28] - Free cash flow usage was $150 million, affected by timing items and delays in contract awards [29][30] Business Line Data and Key Metrics Changes - Aeronautics sales increased by 2% year-over-year to $7.4 billion, primarily due to higher F-35 production, offset by a $950 million loss on a classified program [31] - Missiles and Fire Control (MFC) sales rose 11% to $3.4 billion, driven by higher volumes on tactical missile programs [32] - Rotary and Mission Systems (RMS) sales declined 12% to $4 billion, primarily due to losses from the Canadian Maritime Helicopter Program and Turkish Utility Helicopter Program [34] - Space sales increased by 4% year-over-year, driven by higher volumes in Commercial Civil Space and Strategic and Missile Defense [35] Market Data and Key Metrics Changes - The U.S. government's focus on national defense is expected to lead to increased munition spending, with significant orders anticipated in the second half of the year [15][16] - The U.S. Navy's FY26 budget request includes plans to purchase PAC-3 missiles for the first time, indicating a shift in defense spending priorities [16] Company Strategy and Development Direction - The company is focusing on enhancing program management and performance, particularly in light of recent losses in legacy programs [8][27] - There is an emphasis on restructuring contracts to mitigate risks while meeting national security objectives [47] - The company is committed to investing in advanced technologies and production capabilities to support future growth opportunities [17][20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in legacy programs but expressed confidence in the long-term prospects for growth and value creation [27][40] - The company reaffirmed its sales guidance for 2025, expecting a solid backlog and significant awards in the second half of the year [37][41] Other Important Information - The IRS has asserted a $4.6 billion additional income tax liability related to a tax accounting method change, which the company is contesting [28][70] - The company plans to maintain a disciplined capital deployment strategy, returning at least $6 billion per year to shareholders [40] Q&A Session Summary Question: Concerns about derisking problem programs - Management reassured that a new program review team with broader expertise has been established to monitor classified aeronautics programs more rigorously [44][46] Question: Rationale behind significant charges - The company explained that the charges were necessary due to newly discovered cost increases and the need to reassess longstanding assumptions [52][54] Question: Impact of tax liability on cash flow - Management indicated that the tax liability would have a significant impact on cash flow, with an estimated $500 million cash usage tied to the Arrow classified program this year [56][70] Question: F-35 program status and international orders - Management expressed confidence in the F-35's role in modern warfare and its continued demand, despite recent budget cuts [90]

Key Takeaways LMT posted Q2 adjusted EPS of $7.29, topping estimates, though sales of $18.16B missed forecasts. EPS outlook was cut to $21.70-$22.00 from prior guidance of $27.00-$27.30. Aeronautics and RMS segments reported operating losses despite overall top-line growth.Lockheed Martin Corporation (LMT) reported second-quarter 2025 adjusted earnings of $7.29 per share, which beat the Zacks Consensus Estimate of $6.49 by 12.3%. The bottom line increased 2.5% from the year-ago quarter's reported figure o ...

Financial Data and Key Metrics Changes - The company reported sales of $18 billion for the second quarter, with a year-over-year increase in sales of 2% [20][30] - Segment operating profit was $570 million, significantly impacted by $1.8 billion in total charges, including $1.6 billion related to legacy programs [21][27] - Free cash flow usage was $150 million, affected by delays and tariff impacts [28] Business Line Data and Key Metrics Changes - Aeronautics sales increased by 2% year-over-year to $7.4 billion, primarily due to higher F-35 production volumes, offset by a $360 million loss from classified programs [30][31] - Missiles and Fire Control (MFC) sales rose 11% to $3.4 billion, driven by higher volumes in tactical and strike missile programs [32] - Rotary and Mission Systems (RMS) sales declined 12% to $4 billion, primarily due to losses from the Canadian Maritime Helicopter Program (CMHP) and Turkish Utility Helicopter Program (TUHP) [34] - Space sales increased 4% year-over-year, driven by higher volumes in Commercial Civil Space and Strategic and Missile Defense [35] Market Data and Key Metrics Changes - The U.S. government's focus on national defense is expected to lead to increased munition spending in the coming years, with significant orders anticipated for PAC-3 missiles and other munitions [12][13] - The U.S. Navy's FY26 budget request includes plans to purchase PAC-3 missiles for the first time, indicating a shift in defense spending priorities [13] Company Strategy and Development Direction - The company is focusing on enhancing program management and performance, particularly in light of recent losses in legacy programs [5][6] - There is a commitment to restructuring contracts to mitigate risks while meeting national security objectives [46][47] - The company is investing in advanced technologies and production capabilities to meet heightened demand for its products [4][12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in classified programs and emphasized the importance of rigorous oversight and transparency in addressing these issues [44][49] - The company remains confident in the long-term prospects for its programs, particularly the F-35, which is seen as essential for U.S. and allied national security [90] - The outlook for 2025 includes reaffirmed sales guidance of $73.75 billion to $74.75 billion, with expectations for continued growth in the second half of the year [37] Other Important Information - The company recognized a $4.6 billion tax liability related to a tax accounting method change, which is currently under dispute with the IRS [27][70] - The company plans to return approximately $6 billion to shareholders annually through dividends and share repurchases [40] Q&A Session Summary Question: Concerns about derisking problem programs - Management reassured that a new program review team with broader expertise has been established to monitor classified programs more rigorously, aiming to reduce risks and identify issues promptly [44][46] Question: Explanation for significant charges - The significant charges were attributed to new discoveries of cost increases and the need for a comprehensive reassessment of program assumptions, which had not been evident previously [52][53] Question: Impact of tax liability on cash flow - The tax liability is expected to have a minimal cash impact this year, with a projected cash usage of $500 million related to the Arrow classified program [55][70] Question: F-35 procurement and international orders - Management expressed confidence in the F-35's continued relevance and strong international demand, despite recent budget cuts [60][90] Question: Golden Dome program opportunities - While no contracts have been finalized for the Golden Dome initiative, management indicated strong potential for future backlog growth related to this program [81][84]

Acquisition Overview - Woodward, Inc. has completed the acquisition of Safran's Electronics & Defense electromechanical actuation business, which operates in the United States, Mexico, and Canada [1] - The acquisition includes intellectual property, operational assets, skilled talent, and long-term customer agreements related to Horizontal Stabilizer Trim Actuation (HSTA) systems, crucial for aircraft stabilization [2][11] Product and Technology Integration - The A350 HSTA is highlighted as one of the most advanced electromechanical control systems in large commercial aviation, alongside other electromechanical products and electronic control units for commercial and business aircraft [3] - This acquisition enhances Woodward's electromechanical actuation portfolio and aligns with its Aerospace growth strategy, reinforcing its capabilities in primary flight control solutions [4][11] Financial and Operational Impact - The acquisition is considered non-material financially, and specific financial details were not disclosed, with plans for smooth integration for employees and customers [5][11] - Woodward is also investing in upgrading technologies and manufacturing units to enhance efficiency, including a $55 million transformation of its Aerospace Maintenance, Repair and Overhaul (MRO) facility [6][7] Sales and Earnings Outlook - For fiscal 2025, Woodward expects sales between $3,375 million and $3,500 million, with adjusted earnings per share projected to range from $5.95 to $6.25 [8] - The Aerospace segment revenues are anticipated to increase by 8-13%, while the Industrial segment revenues are estimated to decline by 7-9% [10] Market Performance - Woodward's shares have increased by 34.3% over the past six months, outperforming the Aerospace - Defense Equipment industry's growth of 19.7% [12]