Alliant Techsystems Inc. has inked a deal, worth $178 million, with the United Launch Alliance.
General Electric's first quarter 2014 results were a mixed bag as although operating earnings decreased year over year, it marginally exceeded the Zacks Consensus Estimate by a penny.
The Canadian government will take several more weeks to evaluate its options for the much-delayed replacement of the country's CF-18 fighter jets, Public Works Minister Diane Finley said on Thursday. The decision boils down to whether to proceed with a single-source contract to Lockheed Martin Corp for 65 F-35 stealth fighters or to go with a tender that opens up the bidding to competitors. Lockheed Martin (Dusseldorf: LOM.DU - news) and three other companies have filled out initial reports, something short of formal bids, to the government on the capabilities and costs of their aircraft: The Royal Canadian Air Force (RCAF) evaluated the different fighters under the eye of an independent panel of experts, which Finley said ensures that the RCAF's review was "both rigorous and impartial".
The Dow component that led the way higher today was Boeing (NYSE:BA), which sported a $1.88 gain (+1.5%) bringing the stock to $127.92. Holding the Dow back today was Visa (NYSE:V), which lagged the broader Dow index with a $1.41 decline (-0.7%) bringing the stock to $207.95.
Benchmarks ended higher on Wednesday primarily boosted by encouraging industrial production data and better-than-expected Chinese economic data
By Richard C. Paddock, Lucy Craymer and Andy PasztorFor a month, the dozens of planes, ships and satellites scouring the Indian Ocean looking for debris from Malaysia Airlines Flight 370 have found wooden pallets, rotting fishing nets and ...