US Defense Firms Report Q4 2006 and Year-End Results

http://www.defenseindustrydaily.com/

Yes, it's that time again. Obviously, the results below are extremely brief; full statements and figures can be found at each of the linked URLs:

Boeing Company. Will issue results January 31, 2007.

General Dynamics. Earnings from continuing operations for 2006 grew by 18.1% to $1.71 billion, or $4.20 per share on a fully diluted basis, compared with earnings of $1.45 billion ($3.58 fully diluted) in 2005. Revenue for the full year of 2006 increased 14.7% to $24.1 billion, compared with $21 billion for 2005.

Lockheed Martin. Net earnings for the year ended December 31, 2006 were $2.5 billion ($5.80 per share), compared to $1.8 billion ($4.10 per share) in 2005. Net sales were $39.6 billion, up 6% from $37.2 billion. Cash from operations was $3.8 billion, and Return on Invested Capital (ROIC) was 19.2% compared to 14.5% in 2005.

Northrop Grumman. Income from continuing operations for 2006 rose 13% to $1.6 billion ($4.44 per diluted share), from $1.4 billion ($3.83 per diluted share) in 2005. Sales for 2006 were comparable to 2005. Net income for 2006 rose 10 percent to $1.5 billion ($4.37 per diluted share), from $1.4 billion ($3.85 per) in 2005. Total operating margin for 2006 increased 12% to $2.5 billion from $2.2 billion, driven by higher operating margin in all 4 of the company's businesses, and double-digit percentage increases in Information & Services and Ships operating margin.

Raytheon: Will issue results February 1, 2007.

Ain't capitalism grand?

That's why they called the crazy monkey's great-granddaddy a "Merchant of Death."

http://www.cannabisculture.com/articles/3579.html

Thank you for the news regarding the portfolios of the current generation's cronies.

Fine people, for NAZIs.

Purchasing goods and services is a legitimate way to combat terrorism.:sarcasm:

people need to know this. :kick:

Original poster is no longer with us. Thanks.