IT Services, Jets Lift Lockheed Profit
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No. 1 U.S. defense contractor Lockheed  Martin Corp. LMT.N reported a 41 percent rise in quarterly  profit on Tuesday, beating Wall Street forecasts, as demand  soared for its combat aircraft and information technology  services.
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Defense contractor Raytheon Co.  RTN.N on Thursday said quarterly profit rose 16 percent,  helped by higher U.S. government spending on its military  products and lower tax payments.
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The company reported fourth-quarter net income on higher commercial airplane deliveries and strong growth in defense earnings, beating Wall Streetâs expectations.
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General Dynamics reports a rise in quarterly profit on record US defence spending and demand for private jets.
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Military contractors Northrop Grumman and General Dynamics posted higher third-quarter profit and raised their financial forecasts due to strong Pentagon spending.
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A surge in Airbus plane deliveries helped European Aeronautic Defence &amp; Space Co. to more than triple its profit in the third quarter, the company said Thursday as it raised its earnings forecast.
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the defense contractor said gains in its space, information technology and electronic systems units made up for a dip in sales of fighter jets.
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Titan Corp. TTN.N, which provides  technology and translating services to the U.S. military, on  Wednesday reported a slightly higher quarterly profit.
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Lockheed's third-quarter earnings rose 41 percent behind higher sales of military transport planes and an increase in the company's IT business.
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Defense contractor Raytheon Co.  RTN.N on Thursday said quarterly profit rose 16 percent,  helped by higher spending on its Patriot missile systems and  other military products and lower tax payments.
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Strong sales of aerospace and industrial control systems helped boost Honeywellâs second quarter profits.
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Diversified manufacturer Honeywell International Inc.  posted a rise in quarterly profit as strong demand for aerospace equipment and automobile components boosted revenues, the company said on Wednesday.
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Defense contractor Northrop Grumman Corp.  said on Wednesday quarterly profit rose 31 percent, helped by higher government spending on its electronic systems and lower pension costs.
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IBM , the world's largest technology services company, on Wednesday posted a higher quarterly profit as revenue rose 9 percent, helped by software-company acquisitions and growth in computer services.
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General Electric Co.  posted a 9.6  percent rise in quarterly profit Friday on good results in its  commercial finance business and strong demand for products  ranging from jet engines to gas turbines.
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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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Defense contractor General Dynamics  Corp. GD.N on Wednesday said quarterly earnings rose 20  percent, helped by sales at its Gulfstream jet business.