Wall Street analysts forecast that Northrop Grumman (NOC) will report quarterly earnings of $6.75 per share in its upcoming release, pointing to a year-over-year increase of 6.1%. It is anticipated that revenues will amount to $10.11 billion, exhibiting a decrease of 1.1% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideratio ...

In its upcoming report, Lockheed Martin (LMT) is predicted by Wall Street analysts to post quarterly earnings of $6.50 per share, reflecting a decline of 8.6% compared to the same period last year. Revenues are forecasted to be $18.57 billion, representing a year-over-year increase of 2.5%.The consensus EPS estimate for the quarter has been revised 0.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates du ...

Company Overview - TTM Technologies, Inc. is a leading global manufacturer of technology solutions, including mission systems, radio frequency components, RF microwave/microelectronic assemblies, and advanced printed circuit boards (PCBs) [4] Upcoming Events - TTM Technologies will host a conference call on July 30, 2025, at 4:30 p.m. Eastern Time to discuss its second quarter 2025 performance [1] - The company will release its second quarter 2025 financial results after the market closes on the same day [3] - Access to the conference call will be available through a registration link, and participants will receive dial-in information and a unique PIN [2]

Core Insights - TTM Technologies, Inc. has announced the acquisition of a 750,000-square-foot facility in Eau Claire, Wisconsin, and land rights for a future manufacturing site in Penang, Malaysia, to enhance its manufacturing capabilities [1][3][4] Group 1: Acquisition Details - The Eau Claire facility was previously owned by TDK and is well-equipped for advanced technology PCB manufacturing, allowing TTM to reduce lead times for U.S. domestic capacity [3][4] - The new facility in Penang will support supply chain diversification beyond China, providing cost-competitive, high-quality PCB manufacturing in Southeast Asia [4] Group 2: Strategic Implications - These investments align with TTM's strategy to offer regionally optimized, globally connected manufacturing solutions, enhancing supply chain security and flexibility for global customers [2][4] - The Eau Claire facility is expected to support high-volume production for key markets, particularly in data center computing and networking for generative AI applications [3][4] Group 3: Economic Impact - The expansion in Wisconsin is seen as beneficial for the local economy, with the state recognized for its precision manufacturing capabilities [4] - TTM does not anticipate significant impacts on its operational results or financial condition for 2025 from these investments [5]

Company Overview - RTX Corporation, formerly Raytheon Technologies, specializes in avionics, mission systems, and advanced defense technologies, including aircraft engines, air and missile defense, smart weapons, sensors, and cybersecurity tools [9] - The company has seen its stock reach all-time highs, outperforming the market with a year-to-date increase of over 28% [8] Financial Performance - RTX has a strong track record of exceeding earnings estimates, with a trailing four-quarter average earnings beat of 9.9% [11] - Analysts project a 4.2% increase in earnings for RTX in 2025, with expected revenues of $84.1 billion [11] - The company has a substantial backlog of $92 billion as of Q1, indicating solid revenue growth prospects for its defense business [12] Industry Context - RTX is part of the Zacks Aerospace – Defense industry group, which ranks in the top 28% out of approximately 250 industry groups, suggesting a favorable environment for defense stocks [10] - Defense stocks, such as RTX, are viewed as a means to mitigate volatility associated with geopolitical conflicts [16]

Company Overview - L3Harris Technologies is a significant contractor in the aerospace and defense industry, employing approximately 46,000 individuals and serving over 100 countries globally [1]. Business Segments - The company operates through four distinct segments: integrated mission systems (IMS), space & airborne systems (SAS), communications systems (CS) [1].

SANTA ANA, Calif., May 09, 2025 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI) today announced that its Board of Directors authorized a new share repurchase program allowing the Company to repurchase its outstanding common stock with an aggregate market value of up to $100 million from time to time through May 7, 2027. The Company’s previous two-year repurchase program expired on May 3, 2025. “Given the company’s solid cash flow generation and strong balance sheet, we believe repurchasing shares i ...

Core Insights - TTM Technologies, Inc. announces the retirement of its founder and former CEO, Kent Alder, marking a significant transition for the company [1][2] - Kent Alder founded TTM in 1998, transforming it from a small operation into a global leader in the electronics industry, emphasizing core values such as integrity and performance excellence [2] - The company honors Kent Alder's contributions through the annual "Alder Award," which recognizes outstanding internal team performance, ensuring his legacy continues [3] Company Overview - TTM Technologies, Inc. is a leading global manufacturer of technology solutions, including mission systems, RF components, RF microwave/microelectronic assemblies, and advanced printed circuit boards [4] - The company focuses on reducing time-to-market for customers through its design, engineering, and manufacturing services [4]

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has received NASA Super Nova Awards for 2024 Safety Excellence from the Johnson Space Center (JSC) Contractor Safety Forum on four contracts within NASA’s Human Exploration Division: the Mission Systems Operations Contract (MSOC), the Integrated Mission Operations Contract (IMOC), the Human Health and Performance Contract (HHPC), and the Extravehicular Activity Space Operations Contract (ESOC) as a major subcontractor to United Tec ...

Core Insights - Northwest Pipe Company reported its financial results for Q1 2025, highlighting a mix of challenges and respectable performance across its business segments [1][2]. Financial Performance - Net sales for Q1 2025 were $116.1 million, a 2.6% increase from $113.2 million in Q1 2024 [4][5]. - Net income decreased to $4.0 million, or $0.39 per diluted share, compared to $5.2 million, or $0.52 per diluted share in the same period last year [5][20]. - Gross profit fell by 3.8% to $19.4 million, representing 16.7% of net sales, down from 17.8% in Q1 2024 [5][20]. Segment Performance - The Engineered Steel Pressure Pipe (SPP) segment generated $78.4 million in revenue, a 2.0% decrease from $80.0 million in Q1 2024, with a gross profit margin of 15.5% [5][6]. - The Precast Infrastructure and Engineered Systems segment saw revenues increase by 13.4% to $37.7 million, with a gross profit margin of 19.1%, marking a 140 basis point improvement year-over-year [14][20]. Backlog and Orders - The SPP backlog was $203 million as of March 31, 2025, down from $213 million at the end of 2024 [6]. - The backlog including confirmed orders for SPP was $289 million, a decrease from $310 million at the end of 2024 [6]. - The Precast order book rose to $64 million, up 23% year-over-year, driven by growth in the non-residential segment [14]. Strategic Outlook - The company anticipates a rebound in bidding activity in Q2 2025, with backlog climbing above $300 million [2]. - Expectations for the second half of 2025 include continued growth in both revenue and margins for both business segments [2][14]. - The company plans to rebrand as NWPX Infrastructure, Inc. in June 2025, reflecting its strategic evolution towards infrastructure-focused solutions [2][4].