Information Provided By: 
Fly News Breaks for January 13, 2016
HII, RTN, GD
Jan 13, 2016 | 07:35 EDT
Wells Fargo is upbeat on defense stocks, as the firm expects the sector to benefit from a 4% year-over-year increase in the fiscal 2016 U.S. defense budget, the presidential election, and overseas threats. Wells keeps Outperform ratings on General Dynamics (GD), Raytheon (RTN), and Huntington Ingalls (HII).
News For GD;RTN;HII From the Last 2 Days
GD
Apr 24, 2024 | 07:01 EDT
GD
Apr 24, 2024 | 07:00 EDT
Reports Q1 revenue $10.7B, consensus $10.32B. "Our businesses delivered solid operating results in the quarter, growing revenue and backlog, while expanding margins, even as we awaited G700 certification," said Phebe N. Novakovic, chairman and chief executive officer. "In the Aerospace segment, the recent FAA certification of the Gulfstream G700 has enabled us to begin customer deliveries. This is a strong start to 2024 and we remain confident in our outlook."
