Lockheed Martin Corp., the U.S. government’s top contractor, said its first-quarter profit jumped 23 percent, topping analysts’ estimates even as federal budget cuts sapped sales.
Lockheed Martin Corp., the world’s largest defense company, posted first-quarter profit that exceeded analysts’ estimates. The company trimmed its 2010 forecast on higher costs from a change in health-care laws.
Lockheed Martin Corp., the U.S. government’s largest contractor, fell the most in more than two years after its fourth-quarter profit plunged 14 percent.
Lockheed Martin Corp., the biggest U.S. government contractor, raised its full-year forecast as third-quarter profit jumped 16 percent, defying Pentagon budget cuts.
The Carlyle Group managing director and co-founder David Rubenstein reflected on the differences between arts fundraising in Washington and New York.
Last week Warren Buffett dipped a toe in the Twitter-sphere, but don’t expect his friend David Rubenstein to follow suit.
Lockheed Martin Corp., the world’s largest defense contractor, raised its full-year profit forecast as U.S. budget cuts ended up hurting less than executives had predicted.
After warnings that U.S. budget cuts would devastate the defense industry, three top weapons makers this week announced second-quarter profits that beat analysts’ estimates.
Poet T.S. Eliot called April the cruelest month. Defense contractors would pick January.
"We had some outright stronger performance than we had expected in the plan."
- Bruce Tanner on Apr 22, 2014