Rapid Fire April 26, 2012: Prime Financials, Q1 2012
Apr 26, 2012 09:45 EDT
- Q1 results are in for L-3 Communications, Lockheed Martin and Raytheon. They are all showing more topline resilience than Northrop Grumman. Quick summary table of their sales and backlog at the bottom of this entry.
- Lockheed Martin’s CEO Bob Stevens will retire and be replaced by current President and COO Christopher Kubasik effective January 1, 2013. Kubasik is an alumnus from the Defense Acquisition University.
- US Secretary of Defense Leon Panetta leaned on Brazil in support of Boeing’s F/A-18s for the ongoing F-X2 competition. Panetta discussed technology transfers with his counterpart Celso Amorim. Dassault is working the local cooperation angle too [in French]. Continue Reading… »









