The Los Angeles Post
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Today: April 01, 2025
Today: April 01, 2025
Pratyush Thakur

Pratyush Thakur

Staff Writer

Latest From Pratyush Thakur

Business|Finance|Stock Markets|US

Lockheed beats estimates on sustained weapons demand amid geopolitical tensions

U.S. defense contractor Lockheed Martin shares sank in pre-market trading despite reporting better-than-expected third-quarter revenue and profit on

Lockheed beats estimates on sustained weapons demand amid geopolitical tensions
Business|Technology|US

Production woes plague earnings for Boeing, RTX and Spirit Aero

After a succession of production snafus, investors will question whether U.S. aerospace's "problem children" - Boeing, RTX and Spirit

Production woes plague earnings for Boeing, RTX and Spirit Aero
Business|Finance|Stock Markets|Technology|US

RTX beats Q3 estimates on Collins business strength, approves $10 billion share repurchase

RTX reported better-than-expected quarterly earnings on Tuesday, as strong performance at its Collins Aerospace business offset the hit it took due to a

RTX beats Q3 estimates on Collins business strength, approves $10 billion share repurchase
Business|Finance|Stock Markets|US

Northrop swings to loss on B-21 headwinds

Northrop Grumman on Thursday said it swung to a loss in the fourth quarter from a year-earlier profit as it took a $1.17 billion charge related to the U.S

Northrop swings to loss on B-21 headwinds
Business|Finance|Stock Markets|Technology|US

RTX beats estimates on military demand, aviation strength

Aerospace and defense major RTX on Tuesday beat first-quarter earnings estimates, helped by demand for missile defense systems and strength in the

RTX beats estimates on military demand, aviation strength
Business|Finance|US

Northrop Grumman lifts 2023 revenue outlook on weapons demand

U.S. defense company Northrop Grumman on Thursday raised its annual revenue target for the second time this year after reporting a jump in third-quarter

Northrop Grumman lifts 2023 revenue outlook on weapons demand
Business|Technology|US

Lockheed Martin lifts 2024 sales target on fighter jet, missile demand

U.S. defense company Lockheed Martin raised its annual sales target on Tuesday, following the unexpected resumption of deliveries of its F-35 aircraft

Lockheed Martin lifts 2024 sales target on fighter jet, missile demand
Business|Finance|Stock Markets|US

RTX lifts 2024 profit forecast on strength in aviation sector

U.S. aerospace and defense company RTX raised its full-year earnings forecast and beat estimates for second-quarter profit on Thursday, aided by a rebound

RTX lifts 2024 profit forecast on strength in aviation sector
Business|Finance|Stock Markets|US

Northrop Grumman lifts 2024 earnings forecast on weapons demand

U.S. defense company Northrop Grumman raised its forecast for full-year revenue and profit on Thursday, amid increased global defense spending and a strong

Northrop Grumman lifts 2024 earnings forecast on weapons demand
Business|Finance|Stock Markets|US

Spirit Airlines shares plunge on report of potential bankruptcy filing

Shares of Spirit Airlines plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing a potential

Spirit Airlines shares plunge on report of potential bankruptcy filing
Business|Finance|Stock Markets

RTX boosts 2024 forecast again on demand for aircraft repairs, defense systems

RTX on Tuesday raised its 2024 adjusted profit and sales forecasts for the second time, citing strong demand for aircraft repairs and defense systems, and

RTX boosts 2024 forecast again on demand for aircraft repairs, defense systems
Business|US

Lockheed Martin shares slide 5% on F-35 headwinds despite lifting profit and sales forecast

Defense contractor Lockheed Martin lifted its annual profit and sales forecasts on Tuesday, but shares slid 5% because the company's F-35 fighter jet

Lockheed Martin shares slide 5% on F-35 headwinds despite lifting profit and sales forecast
Business|Finance|Stock Markets|US

Northrop Grumman lifts 2024 profit forecast again as global defense spending climbs

U.S. defense company Northrop Grumman on Thursday raised its 2024 profit forecast for the second time amid increased global defense spending prompted by

Northrop Grumman lifts 2024 profit forecast again as global defense spending climbs

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