Aerospace & defense giants deliver strong quarter on global military demand, air travel
Comments
The biggest U.S. aerospace and defense manufacturers posted strong third-quarter results this week, underscoring robust global demand for advanced military systems and aircraft engines, even as guidance revisions and lingering supply chain pressures tempered investor optimism.
Across the board, Lockheed Martin, Northrop
Quick Insights
They reported higher earnings and revenue, buoyed by sustained defense spending and commercial aviation recovery.
Both companies face cash flow constraints and program timing issues, despite strong profit and backlog levels.
Both reported increased earnings and guidance, with GE seeing strong engine demand and RTX expanding aftermarket services and contracts.
Recommended For You
More Trending News
Aerospace & defense giants deliver strong quarter on global military demand, air travel
