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☆ Grade My Trade: DVN, NOC, BX & RIO
▼ + stars: | 2022-12-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrade My Trade: DVN, NOC, BX & RIOThe ‘Halftime Report’ investment committee, Bryn Talkington, Michael Farr, Joe Terranova and Jenny Harrington, weigh in on the Devon Energy, Northrop Grumman, Blackstone and Rio Tinto.

☆ IBM beat all its large-cap tech peers in 2022 as investors shunned growth for safety
▼ + stars: | 2022-12-27 | by ( Jordan Novet | ) www.cnbc.com time to read: +6 min

But in a year that saw investors abandon all major tech stocks, Big Blue was in the green. High gas prices, soaring inflation and the Federal Reserve's steady pace of rate increases have punished growth stocks and favored more mature, less volatile names that are viewed as more recession-resistant. Among U.S. tech companies valued at $50 billion or more, IBM was one of only two to generate positive returns in 2022. IBM beats Big Tech in 2022 CNBCIBM is "trading well above its historical range," Bernstein Research analysts wrote in a Dec. 20 note to clients. IBM's model through 2024 calls for mid-single-digit revenue growth, translating into free cash flow growth in the high single digits.

☆ The F-14 Tomcat first flew 52 years ago. Here's why the US destroyed them rather than let anyone else buy them.
▼ + stars: | 2022-12-26 | by ( Blake Stilwell | We Are The Mighty | ) www.businessinsider.com time to read: +4 min

The US Navy's famed F-14 Tomcat fighter jet first flew on December 21, 1970. There was only one foreign customer for the advanced F-14 Tomcat fighter during its heyday: Iran. Rob Tabor/USAFThe Iranian air force was so skilled in the Iran-Iraq War that a lone Tomcat could clear the skies of enemy aircraft without firing a shot. The idea of selling Iran rare F-14 parts so it didn't have to cannibalize its own F-14 inventory was preposterous. It was this concern that led the Pentagon to shred every leftover F-14 Tomcat.

☆ These are 10 most popular fighter planes in service around the world
▼ + stars: | 2022-12-22 | by ( Miguel Ortiz | We Are The Mighty | ) www.businessinsider.com time to read: +9 min

Using data from Cirium, FlightGlobal published their 2023 World Air Forces directory detailing military aircraft fleets around the world, including the most popular fighter planes. These are the 10 most popular fighter planes in service around the world:Northrop F-5An F-5 Tiger II takes off at Naval Air Station Fallon in Nevada. Despite its age, the J-7 remains extremely popular with 444 in active service. 522 Typhoons are in active service, including with all of the original collaborating countries except France. 545 F-35s are in active service, with more on the way as existing orders are filled and additional orders are placed.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Air Force's new stealth bomberThe Northrop Grumman B-21 Raider is the Air Force's new stealth bomber. Slated to begin flight tests in 2023, the secretive aircraft was revealed to the public in December 2022. Capable of nuclear and conventional missions, the Air Force plans to use the B-21 to replace an aging bomber force over the coming decades.

☆ The B-21 Raider and the future of the Air Force bomber force
▼ + stars: | 2022-12-18 | by ( Brad Howard | ) www.cnbc.com time to read: +1 min

The Air Force needs some new bombers. The B-1B Lancer and B-2A Spirit are in the twilight of their careers, and the B-21 Raider, a new stealth bomber produced by Northrop Grumman aims to take over the role as the premier bomber for the United States. Digital design, focused requirements by the Air Force and previous experience by Northrop Grumman in fielding a stealthy flying wing are credited with why the program appears to be on track and on budget. "And that even goes back to the YB-49 jet when Jack Northrop actually created some of the first flying wings.' Watch the video above to find out more about the new high-tech stealth bomber slated to fly in 2023.

Dec 17 (Reuters) - L3Harris Technologies Inc (LHX.N) is nearing a $4.7 billion deal to acquire U.S. rocket maker Aerojet Rocketdyne Holdings Inc (AJRD.N), 10 months after the latter's $4.4 billion sale to Lockheed Martin Corp (LMT.N) fell through, people familiar with the matter said on Saturday. L3Harris is a defense contractor that is mostly a competitor rather than a customer of Aerojet. Aerojet's solid fuel rocket motors and other propulsion systems would help L3Harris expand its space defense systems and precision munitions businesses. Spokespeople for Aerojet, L3Harris and General Electric did not immediately respond to requests for comment. Its customers include the Pentagon, Boeing (BA.N), Lockheed Martin and Raytheon Technologies Corp (RTX.N).

☆ Jim Cramer says he likes these 3 industrial stocks heading into 2023
▼ + stars: | 2022-12-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday identified three industrial stocks that he believes are worth owning next year, saying he expects them to outperform the sector's top performers in 2022. The best-performing industrial stocks in the S&P 500 so far this year have been Northrop Grumman , Lockheed Martin and Deere — up 36.9%, 35.6% and 25.7%, respectively. Looking ahead, though, Cramer said he'd prefer to own the likes of Caterpillar , Illinois Tool Works and railroad operator CSX . Illinois Tool Works shares are down more than 12% in 2022 because fears of an economic slowdown have trumped the company's actual results, Cramer contended. Transports such as CSX — down nearly 16% year to date — are "totally hated" on Wall Street, Cramer acknowledged.

☆ Investing in Space: Coopetition
▼ + stars: | 2022-12-15 | by ( Michael Sheetz | ) www.cnbc.com time to read: +2 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Left without rides to space, OneWeb and Northrop turned to one of their biggest rivals in satellite broadband and space cargo delivery, respectively. Space – and the perspective it brings of a single, fragile planet floating in the dark – is often seen as unifying. I've often seen how tight-knit the space industry is – but that doesn't mean competitors are flying off into the sunset together. A programming note: Investing in Space will be taking the next week off for holiday travel.

☆ A B-2 stealth bomber's emergency landing sparked a fire and damaged the plane, but the crew walked away unharmed
▼ + stars: | 2022-12-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

A B-2 stealth bomber was damaged after making an emergency landing at a Missouri base on Saturday. "There was a fire associated with the aircraft after landing, and the base fire department extinguished the fire," the official added, noting that "there were no personnel injuries." Officials did not immediately release any additional information about the extent of the damage to the bomber, nor did they comment on what specifically caused both the emergency landing and the ensuing fire. On September 14, 2021 the left main landing gear collapsed on a B-2 bomber while it was landing, causing it to skid off the runway and rack up an estimated repair cost of over $10 million. The latest crash comes almost two weeks after the Air Force publicly unveiled its first new stealth bomber in decades, the B-21 Raider, at a facility in Palmdale, California earlier in this month.

☆ A sneaky photo taken the last time a stealth bomber was unveiled shows why some parts of the new B-21 are still under wraps
▼ + stars: | 2022-12-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

On December 2, the US Air Force revealed its new stealth bomber, the B-21 Raider. That may have been an effort to avoid what happened the last time a stealth bomber was unveiled. One reason for that may be what happened the last time the Air Force unveiled a stealth bomber. Scott told Aviation Week in an article about the photo scoop published on the same day as the B-21's rollout. A US Air Force B-2 stealth bomber.

☆ Jim Cramer's top 10 things to watch in the market Thursday: War cloud, Salesforce downgrade, GameStop quarter
▼ + stars: | 2022-12-08 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Club holding Pioneer Natural Resources (PXD) price target lower to $260 per share from $290 at KeyBanc. Citi rates Boeing (BA) a buy rating and a $222-per-share price target. Wells Fargo raises Boeing's PT to $218 from $185; keeps overweight (buy) rating. UBS increases PT on Toll Brothers to $65 from $61; keeps buy rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ These 20 companies are hiring a ton of tech workers
▼ + stars: | 2022-12-07 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

Career site Indeed put together a list with recent job posting data of the places hiring tech job seekers. Deloitte ranked at the top — with 1,774 new tech job postings per 1 million based on Indeed's data. Meta, Amazon, Twitter, Lyft, and other tech companies have recently announced layoffs. "Deloitte as a management and consulting company is doing quite well right now, and they need tech workers," Dobroski said. "They're not traditional tech companies, but they really assist and support and consult so many other companies that are trying to up level their tech presence," Dobroski said about the top three.

☆ Pentagon debuts its new stealth bomber, the B-21 Raider
▼ + stars: | 2022-12-03 | by ( ) www.cnbc.com time to read: +7 min

The B-21 Raider is the first new American bomber aircraft in more than 30 years. Both the Air Force and Northrop also point to the Raider's relatively quick development: The bomber went from contract award to debut in seven years. And we will build the bomber force in numbers suited to the strategic environment ahead," Austin said. The B-21 Raider, which takes its name from the 1942 Doolittle Raid over Tokyo, will be slightly smaller than the B-2 to increase its range, Warden said. Northrop Grumman has also incorporated maintenance lessons learned from the B-2, Warden said.

☆ The US Air Force just broke cover on its first new bomber in decades. See photos of the new B-21 Raider.
▼ + stars: | 2022-12-03 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

The B-21 Raider is the first new American bomber in more than 30 years. Courtesy of Northrop GrummanThe Air Force unveiled the first new US stealth bomber in decades on Friday, following years of covert development. The B-21 Raider is a sixth-generation aircraft intended to serve as the backbone of America's fleet amid increasingly rocky relations with China and Russia. The sleek stealth bomber made by Northrop Grumman made its public debut at an Air Force facility in Palmdale, California. Six B-21 test aircraft are currently being assembled at the company's Palmdale, California, site, according to the aerospace and defense manufacturer.

Each new B-21 is pegged at roughly $729.25 million, and the U.S. Air Force expects to procure at least 100 of them. Factoring in inflation, it’s half the price of the exorbitantly expensive B-2 stealth bomber it’s meant to replace. Factoring in inflation, it’s half the price of the exorbitantly expensive B-2 stealth bomber it’s meant to replace. (China’s military grasps the benefit of long-range stealth bombers in the Pacific context and is developing its own Raider-like stealth bomber intended to expand its strike range.) That isn’t to say the Raider program should be written a blank check.

☆ U.S. Unveils B-21 Raider, the Stealth Bomber Designed to Deter China
▼ + stars: | 2022-12-02 | by ( Doug Cameron | ) www.wsj.com time to read: 1 min

PALMDALE, Calif.—The Pentagon is poised to show off its first new bomber in more than 30 years, lifting the veil on the secret long-range jet intended as a central element in Washington’s effort to keep China in check. Defense giant Northrop Grumman Corp. on Friday will provide a glimpse of one of the new B-21 Raider jets at a government facility north of Los Angeles, where its most sensitive military projects are developed and built, ahead of an expected first flight next year.

☆ U.S. Unwraps B-21 Bomber, Designed to Deter China
▼ + stars: | 2022-12-02 | by ( Doug Cameron | ) www.wsj.com time to read: 1 min

☆ Northrop Grumman unveils B-21 nuclear bomber for U.S. Air Force
▼ + stars: | 2022-12-02 | by ( Mike Stone | ) www.reuters.com time to read: +2 min

[1/5] Northrop Grumman unveils the B-21 Raider, a new high-tech stealth bomber developed for the U.S. Air Force, during an event in Palmdale, California, U.S., December 2, 2022. REUTERS/David SwansonWASHINGTON, Dec 2 (Reuters) - Northrop Grumman Corp (NOC.N) on Friday rolled out its new B-21 "Raider" jet, the first of a new fleet of long-range stealth nuclear bombers for the United States Air Force. The B-21 was unveiled during a dramatic ceremony at Northrop's Plant 42 in Palmdale, California, offering members of the public the first look at the new bomber. The Air Force planned to buy at least 100 of the planes and begin to replace B-1 and B-2 bombers. More than 8,000 people from Northrop Grumman, industry partners and the Air Force currently work on the program.

☆ Northrop Grumman announces new long-range strike aircraft, the B-21 Raider
▼ + stars: | 2022-12-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNorthrop Grumman announces new long-range strike aircraft, the B-21 RaiderKathy Warden, Northrop Grumman chair and CEO, joins 'Squawk on the Street' to discuss what Warden can share about Northrop Grumman's new B-21 bomber, how the company's kept on schedule and how much money Northrop Grumman looks to make from the new aircraft.

☆ Why Saudi Arabia is hosting one of the world's biggest raves
▼ + stars: | 2022-11-30 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +14 min

The kingdom’s Soundstorm music festival, which began in 2019, is back again for its fourth year and will start on Thursday. “(It) is a particularly powerful example because it seeks to bring together young people and women from across Saudi Arabia and the world,” she said. By contrast, Las Vegas’ Electric Daisy Carnival, considered North America’s biggest dance music festival, had an attendance of over 400,000 this year. Last year, Human Rights Watch (HRW) said that performers should either “speak up” about Saudi Arabia’s human rights violations or not attend the festival at all. Some however argue that opening up countries to international norms and values can allow for better discussion on human rights shortcomings.

The Orion spacecraft shared its first view of Earth more than nine hours after launch Wednesday morning. NASAThe towering, 322-foot-tall (98-meter-tall) Space Launch System, or SLS, rocket lit its engines at 1:47 a.m. Jim Watson/AFP/Getty Images Before the launch was scrubbed on September 3, spectators wait for the NASA Artemis I rocket to launch at the Kennedy Space Center. Brynn Anderson/AP The NASA launch countdown clock was stopped after the launch was delayed on August 29. Throughout the mission, NASA engineers will be keeping a close eye on the spacecraft’s performance.

☆ ISS: American spacewalkers Cassada and Rubio ventured outside the space station Tuesday
▼ + stars: | 2022-11-15 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —The first in a series of end-of-the-year spacewalks kicked off Tuesday morning outside the International Space Station. First-time spacewalkers and NASA astronauts Josh Cassada and Frank Rubio began their excursion outside the space station at 9:14 a.m. 🔧🌏 pic.twitter.com/kM1tw7ng50 — International Space Station (@Space_Station) November 15, 2022The hardware was delivered to the space station on November 9 aboard a Northrop Grumman’s Cygnus spacecraft, which safely delivered its cargo despite only one of its two solar arrays deploying after launch. This hardware will allow for the installation of more rollout solar arrays, called iROSAs, to give the space station a power boost. The thin orange pieces have been placed in different parts of the helmet, which has already been tested on orbit by the astronauts inside the space station.

☆ Bank of America names 2 space stocks to buy on the dip — sees one tripling in value
▼ + stars: | 2022-11-07 | by ( Michael Sheetz | ) www.cnbc.com time to read: +2 min

Bank of America named two space pure-plays as top picks in the evolving sector, seeing opportunities for investors in Rocket Lab and Terran Orbital . The firm sees Rocket Lab as having the "best overall portfolio" among space pure-plays, having executed successfully on its expansion-by-acquisition strategy. Bank of America has a $12 price target on Rocket Lab's stock, which is 132% above the current share price. Rocket Lab stock is down 58% so far this year. Bank of America has a $700 price target on Northrop Grumman's stock, or 34% above the current share price.

☆ Here are Monday's biggest analyst calls: Tesla, Apple, Costco, DoorDash, Berkshire Hathaway & more
▼ + stars: | 2022-11-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Bank of America reiterates Synchrony as buy Bank of America said the financial services company is a "hidden" beneficiary of the PayPal-Apple partnership. Bank of America downgrades Funko to neutral from buy Bank of America said in its downgrade of Funko that it sees a "challenging" holiday for the toy company. Oppenheimer upgrading DoorDash to outperform from perform Oppenheimer said it sees improving margins for the food delivery company. Bank of America reiterates Northrop Grumman as a top pick Bank of America said the company has a "best in class" space business. Oppenheimer reiterates Walmart as buy Oppenheimer said investors should buy the dip heading into Walmart earnings next week.

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