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Earnings Report

Dutch health care giant Philips announces net profit rise

Dutch health care and electronics giant Philips says its fourth-quarter net profit rose to 899 million euros ($1.1 billion) from 640 million euros in the same period a year ago, as it successfully continued its departure from its past as a lighting company.

Lockheed Martin takes $2B charge, adjusted profit beats

Lockheed Martin Corp reported a net loss in the fourth quarter on Monday as the U.S. defense contractor took a $1.9 billion charge mainly due to the change in U.S. tax law, but beat expectations for sales and adjusted profit.

Raytheon's quarterly revenue rises 8%

Tomahawk missile maker Raytheon Co reported an 8 percent increase in fourth-quarter revenue on Thursday, benefiting from demand for more weapons from United States and its allies.

Northrop revenue beats; sees lower taxes boost 2018 profit

U.S. weapons maker Northrop Grumman Corp reported a better-than-expected quarterly revenue helped by higher sales in its aerospace and mission systems businesses that make parts for the F-35 fighter jets, and said it expects a lower tax rate to boost earnings in 2018.