Leonardo DRS Secures Full-Rate Production Contract From Northrop Grumman To Supply Quantum Cascade Laser Technology For Common Infrared Countermeasure Systems, Enhancing Protection For U.S. Military Aircraft

6/10/24 4:01:57 PM ET

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Leonardo DRS Secures Full-Rate Production Contract From Northrop Grumman To Supply Quantum Cascade Laser Technology For Common Infrared Countermeasure Systems, Enhancing Protection For U.S. Military Aircraft

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Recent Analyst Ratings for
$DRS
$NOC

Company	Date	Price Target	Rating	Analyst
Leonardo DRS Inc. $DRS	9/24/2024	$26.00 → $30.00	Buy → Neutral	BofA Securities
Northrop Grumman Corporation $NOC	8/27/2024	$560.00	Overweight → Neutral	Alembic Global Advisors
Northrop Grumman Corporation $NOC	7/29/2024	$474.00 → $575.00	Hold → Buy	Deutsche Bank
Northrop Grumman Corporation $NOC	6/26/2024	$565.00	Buy	BTIG Research
Leonardo DRS Inc. $DRS	6/26/2024	$30.00	Buy	BTIG Research
Northrop Grumman Corporation $NOC	6/21/2024	$477.00	Outperform → Mkt Perform	Bernstein
Leonardo DRS Inc. $DRS	5/24/2024	$26.00	Equal-Weight	Morgan Stanley
Northrop Grumman Corporation $NOC	4/22/2024	$532.00	Neutral → Overweight	Alembic Global Advisors

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Northrop Grumman Board Declares Quarterly Dividend
FALLS CHURCH, Va., Nov. 20, 2024 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE:NOC) declared a quarterly dividend of $2.06 per share on Northrop Grumman common stock, payable December 18, 2024, to shareholders of record as of the close of business December 2, 2024. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day. Contact: [email protected]
11/20/24 5:12:28 PM ET
$NOC
Industrial Machinery/Components
Industrials
Easterly Government Properties Reports Third Quarter 2024 Results
Easterly Government Properties, Inc. (NYSE:DEA) (the "Company" or "Easterly"), a fully integrated real estate investment trust ("REIT") focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended September 30, 2024. Highlights for the Quarter Ended September 30, 2024: Net income of $5.1 million, or $0.05 per share on a fully diluted basis Core FFO of $32.2 million, or $0.30 per share on a fully diluted basis Entered into a construction loan agreement to lend up to $52.1 million to a developer in connection with the re-development of an approximately 68,
11/5/24 6:30:00 AM ET
$DEA
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Real Estate Investment Trusts
Real Estate
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Leonardo DRS Announces Financial Results for Third Quarter 2024
Revenue: $812 million, up 16% year-over-year Net Earnings: $57 million, up 21% year-over-year Adjusted EBITDA: $100 million, up 22% year-over-year Diluted EPS: $0.21, up 17% year-over-year Adjusted Diluted EPS: $0.24, up 20% year-over-year Bookings: $1.1 billion (book-to-bill ratio of 1.3x) Backlog: $8.3 billion, up 75% year-over-year Raises 2024 guidance across all metrics Initiates preliminary 2025 guidance framework Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2024, which ended September 30, 2024. CEO Commentary "We delivered strong third quarter results, highlighted by ro
10/30/24 7:30:00 AM ET
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Northrop Grumman Board Declares Quarterly Dividend
FALLS CHURCH, Va., Nov. 20, 2024 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE:NOC) declared a quarterly dividend of $2.06 per share on Northrop Grumman common stock, payable December 18, 2024, to shareholders of record as of the close of business December 2, 2024. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day. Contact: [email protected]
11/20/24 5:12:28 PM ET
$NOC
Industrial Machinery/Components
Industrials
Easterly Government Properties Reports Third Quarter 2024 Results
Easterly Government Properties, Inc. (NYSE:DEA) (the "Company" or "Easterly"), a fully integrated real estate investment trust ("REIT") focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended September 30, 2024. Highlights for the Quarter Ended September 30, 2024: Net income of $5.1 million, or $0.05 per share on a fully diluted basis Core FFO of $32.2 million, or $0.30 per share on a fully diluted basis Entered into a construction loan agreement to lend up to $52.1 million to a developer in connection with the re-development of an approximately 68,
11/5/24 6:30:00 AM ET
$DEA
$NOC
Real Estate Investment Trusts
Real Estate
Industrial Machinery/Components
Industrials
Northrop Grumman to Participate in the Baird 2024 Global Industrial Conference
FALLS CHURCH, Va., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will participate in the Baird 2024 Global Industrial Conference on Wednesday, November 13. Kathy Warden, chair, chief executive officer and president, will present beginning at 10:05 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems
11/4/24 2:30:31 PM ET
$NOC
Industrial Machinery/Components
Industrials

Leonardo DRS Secures Full-Rate Production Contract From Northrop Grumman To Supply Quantum Cascade Laser Technology For Common Infrared Countermeasure Systems, Enhancing Protection For U.S. Military Aircraft

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Recent Analyst Ratings for
$DRS
$NOC

$DRS
$NOC
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

CVP & Pres. Defense Systems Davies Benjamin R. sold $616,067 worth of shares (1,156 units at $532.93), decreasing direct ownership by 68% to 537 units (SEC Form 4)

Director Welsh Mark A Iii sold $16,833 worth of shares (33 units at $510.10), decreasing direct ownership by 0.78% to 4,188 units (SEC Form 4)

Director Welsh Mark A Iii sold $17,675 worth of shares (33 units at $535.60), decreasing direct ownership by 0.78% to 4,221 units (SEC Form 4)

$DRS
$NOC
Market Insights

Live Market Insights

Northrop Grumman shares are trading higher after the company reported a Q2 earnings beat and raised its guidance.

Northrop Grumman Raises FY24 Sales Guidance From $40.8B-$41.2B To $41.0B-$41.4B vs $41.14B Est., Raises FY24 MTM-Adjusted EPS Guidance From $24.45-$24.85 To $24.90-$25.30

Northrop Grumman Q2 2024 GAAP EPS $6.36 Beats $5.92 Estimate, Sales $10.218B Beat $10.018B Estimate

$DRS
$NOC
Financials

Live finance-specific insights

Northrop Grumman Board Declares Quarterly Dividend

Easterly Government Properties Reports Third Quarter 2024 Results

Leonardo DRS Announces Financial Results for Third Quarter 2024

$DRS
$NOC
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Leonardo DRS downgraded by BofA Securities with a new price target

Northrop Grumman downgraded by Alembic Global Advisors with a new price target

Northrop Grumman upgraded by Deutsche Bank with a new price target

$DRS
$NOC
SEC Filings

SEC Form 10-Q filed by Leonardo DRS Inc.

Leonardo DRS Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by Northrop Grumman Corporation

$DRS
$NOC
Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Northrop Grumman Corporation

SEC Form SC 13G/A filed by Northrop Grumman Corporation (Amendment)

SEC Form SC 13G/A filed by Leonardo DRS Inc. (Amendment)

$DRS
$NOC
Press Releases

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Northrop Grumman Board Declares Quarterly Dividend

Easterly Government Properties Reports Third Quarter 2024 Results

Northrop Grumman to Participate in the Baird 2024 Global Industrial Conference

Leonardo DRS Secures Full-Rate Production Contract From Northrop Grumman To Supply Quantum Cascade Laser Technology For Common Infrared Countermeasure Systems, Enhancing Protection For U.S. Military Aircraft

Chat with this insight

Recent Analyst Ratings for $DRS$NOC

$DRS$NOC Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

CVP & Pres. Defense Systems Davies Benjamin R. sold $616,067 worth of shares (1,156 units at $532.93), decreasing direct ownership by 68% to 537 units (SEC Form 4)

Director Welsh Mark A Iii sold $16,833 worth of shares (33 units at $510.10), decreasing direct ownership by 0.78% to 4,188 units (SEC Form 4)

Director Welsh Mark A Iii sold $17,675 worth of shares (33 units at $535.60), decreasing direct ownership by 0.78% to 4,221 units (SEC Form 4)

$DRS$NOC Market Insights

Live Market Insights

Northrop Grumman shares are trading higher after the company reported a Q2 earnings beat and raised its guidance.

Northrop Grumman Raises FY24 Sales Guidance From $40.8B-$41.2B To $41.0B-$41.4B vs $41.14B Est., Raises FY24 MTM-Adjusted EPS Guidance From $24.45-$24.85 To $24.90-$25.30

Northrop Grumman Q2 2024 GAAP EPS $6.36 Beats $5.92 Estimate, Sales $10.218B Beat $10.018B Estimate

$DRS$NOC Financials

Live finance-specific insights

Northrop Grumman Board Declares Quarterly Dividend

Easterly Government Properties Reports Third Quarter 2024 Results

Leonardo DRS Announces Financial Results for Third Quarter 2024

$DRS$NOC Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Leonardo DRS downgraded by BofA Securities with a new price target

Northrop Grumman downgraded by Alembic Global Advisors with a new price target

Northrop Grumman upgraded by Deutsche Bank with a new price target

$DRS$NOC SEC Filings

SEC Form 10-Q filed by Leonardo DRS Inc.

Leonardo DRS Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by Northrop Grumman Corporation

$DRS$NOC Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Northrop Grumman Corporation

SEC Form SC 13G/A filed by Northrop Grumman Corporation (Amendment)

SEC Form SC 13G/A filed by Leonardo DRS Inc. (Amendment)

$DRS$NOC Press Releases

Fastest customizable press release news feed in the world

Northrop Grumman Board Declares Quarterly Dividend

Easterly Government Properties Reports Third Quarter 2024 Results

Northrop Grumman to Participate in the Baird 2024 Global Industrial Conference

Recent Analyst Ratings for
$DRS
$NOC

$DRS
$NOC
Insider Trading

$DRS
$NOC
Market Insights

$DRS
$NOC
Financials

$DRS
$NOC
Analyst Ratings

$DRS
$NOC
SEC Filings

$DRS
$NOC
Large Ownership Changes

$DRS
$NOC
Press Releases