BAE annual profits triple after Airbus sale
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British defence company BAE Systems said on Thursday that net profits almost tripled in 2006 after the sale of its 20-percent holding in troubled European aircraft maker Airbus to parent aerospace group EADS.
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Lockheed Martin Corp  said on Thursday fourth-quarter profit rose, helped by strong sales of its electronic warfare and space systems.
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Defence firm BAE Systems posts a 15% rise in half-year profits after seeing a strong increase in sales.
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NEW YORK (CBS.MW) - Defense giant Lockheed Martin Corp. on Tuesday reported a sharp increase in third-quarter profit as sales rose in aerospace and most other key segments.
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BAE Systems PLC, Europe&#39;s largest military company, said yesterday that it had agreed to acquire DigitalNet Holdings for $494.
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Fourth-quarter earnings at the Industrial conglomerate  rose to 1.06 billion as sales rose across each of segments, with aerospace unit Sikorsky and Otis leading the way, the company said.
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Shares in BAE Systems PLC, Europe's largest defense contractor, rose Friday after a report that it is close to sealing a $40.4 billion) deal with Saudi Arabia for 20 Eurofighter Typhoon aircraft next week.
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The European aircraft manufacturer Airbus has largely surpassed its 2007 cost-cutting target and could end the year with savings of as much as 400 million euros (587 million dollars), the newspaper Les Echos reported Friday.
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PARIS, Nov 4  - European Aeronautic Defence and Space Company on Thursday raised its forecast for full-year earnings as it said net profit more than doubled in the first nine months of the year.
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Boeing Co.  said on Wednesday fourth-quarter profit more than doubled, beating Wall Street expectations, as it delivered more commercial aircraft than in the year-earlier quarter and its defense unit posted higher sales.
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Boeing Co.  said on Wednesday fourth-quarter profit more than doubled, easily beating Wall Street expectations, as it delivered more commercial aircraft than in the year-earlier quarter and its defense unit posted record sales.
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Lockheed Martin and Northrop Grumman see profits surge, helped by orders for the wars in Iraq and Afghanistan.
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CHICAGO -- Boeing Co., the world's No. 2 commercial airplane maker, said Wednesday that it posted its best profit in nearly four years as its third-quarter earnings climbed 61 percent because of higher commercial airplane deliveries and growth in its defense business.
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BOEING was given a significant lift in its battle for orders against Airbus, its European rival, yesterday when Japan Airlines (JAL) signed a deal for a fleet of its new 7E7 aircraft worth up to $6 billion (Â£3.1 billion).
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Boeing Co  said on Wednesday fourth-quarter profit rose, helped by strong sales of its commercial aircraft, as the three-year aerospace boom continues.
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Strong sales of aerospace and industrial control systems helped boost Honeywellâs second quarter profits.
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Defence firm BAE Systems agrees to sell its 20% stake in plane firm Airbus to EADS for Â£1.87bn.