Fox News - Fair & Balanced

Nuclear Program

Cost-Cutting, Share Buybacks Buoy U.S. Defense Profits

The biggest U.S. weapons makers posted higher profits this week and raised their forecasts for 2014 earnings, sending shares higher despite cuts in military spending that have weakened revenues.The Dow Jones index that tracks the 10 biggest aerospace and defense companies rose 1.75 percent, driven by gains in shares of Lockheed Martin Corp, General Dynamics Corp, and Northrop Grumman Corp, which all reported higher profit and earnings per share this week.Boeing Co saw a drop in its defense earnings and revenues, but still beat expectations.Weapons makers are benefitting from workforce reductions and other cost-cutting measures that began around 2007, as well as efforts to return cash to shareholders through stock buybacks and strong dividends, said defense consultant Loren Thompson."The gradual decline in military spending has given the companies fewer opportunities to invest in new programs, so theyare returning their cash flow to shareholders," said Thompson, who runs the Virginia-ba...

Read More

  1. As nuclear talks begin, US must ask Iran to free 3 Americans being held

    As the Obama administration prepares for its next negotiating session with Iranian representatives in picturesque Vienna over Tehran's illicit nuclear weapons progra...

  2. Iran nuclear talks resume in Vienna

    Amb. John Bolton predicts the outcome

  3. Bolton on Jews' registration in E. Ukraine, Obama 'weakness'

    Former US ambassador to the U.N. sounds off on report of Jews in one Ukrainian city being sent notices telling them to register and how volatility in Syria, Ukraine, Iran all illustrate Pres. Obama's weakness

  4. New Al Qaeda video surfaces

    FNC’s Andy Levy and Former U.N. Ambassador John Bolton weigh in on Al Qaeda, the international terror threat and Rand Paul.

  5. Russians inspect demolished nuclear missile launch facilities in Montana as part of treaty

    Russian nuclear inspectors visited the U.S. amid heightened tensions between the two nations to verify that 18 nuclear missile launch facilities had been demolished ...

  6. Russian nuclear inspectors visit Montana launch facilities

    Russian nuclear inspectors visited the U.S. amid heightened tensions between the two nations to verify that 18 nuclear missile launch facilities had been demolished ...

  7. Report: Iran negotiator says next round of expert-level nuclear talks will be held in New York

    Iran's state news agency is reporting that the next round of expert-level talks over its contested nuclear program will be held in New York.The report Sunday by the ...

  8. Report: Iran's vice president says row over heavy water nuclear reactor 'virtually resolved'

    Iranian state television is reporting that the Islamic Republic's vice president is saying a dispute between world powers and the country over its heavy water reacto...

  9. Jeb gets frontrunner scrutiny from NYT

    **Want FOX News First in your inbox every day? Sign up here .**Buzz Cut: • Jeb gets frontrunner scrutiny from NYT • Less than half of Georgia ObamaCare enrollees hav...

  10. Four French journalists freed after ten months of captivity in Syria

    Four French journalists returned to their home country Sunday, one day after they crossed the border between Syria and Turkey and ended ten months of captivity. Edou...

  11. 4 French journalists held hostage in Syria freed

    Ten months after their capture in Syria, four French journalists crossed the border into neighboring Turkey and reached freedom Saturday, though dozens more remain h...

  12. 4 French journalists abducted in Syria freed, safely in Turkey while others remain held

    Ten months after their capture in Syria, four French journalists crossed the border into neighboring Turkey and reached freedom Saturday, though dozens more remain h...

  1. Amb. Holliday: 'Pretty clear' Russia wants eastern Ukraine

    Russian officials call for Ukraine army to withdraw

  2. Australia to buy another 58 F-35 Joint Strike Fighters, bringing total order to 72 by 2023

    Australia has increased its order for F-35 Joint Strike Fighters by 58 to 72 to be fully operational by 2023 in a declaration of confidence in the troubled stealth w...

  3. McCain: Putin's words are just like Hitlers

    Sen. McCain to Steve Doocy on Kilmeade and Friends, “If you look at Adolf Hitler’s speech from a balcony in Vienna after they absorbed Austria..these words are just like Vladimir Putin’s about Crimea.”

  4. Is President Obama's 'manhood' in question?

    Reaction from the 'Special Report' All-Star panel

  5. Is President Obama's 'manhood' in question?

    This is a rush transcript from "Special Report," April 21, 2014. This copy may not be in its final form and may be updated.(BEGIN VIDEO CLIPS)DAVID BROOKS, NEW YORK ...

  6. Pakistan's military says it has test-fired nuclear-capable short-range missile

    Pakistan's military says it has successfully test-fired a short-range missile capable of delivering a nuclear warhead.A military statement says the Hatf III Ghaznavi...

  7. Iran vice president says row over reactor resolved

    Iran will redesign its Arak heavy water reactor to greatly limit the amount of plutonium it can make, the country's vice president said Saturday, marking a major con...

‹ Prev12345Next ›