Aerospace/ Defense Stocks: The Boeing Company (NYSE:BA), Lockheed Martin Corporation (NYSE:LMT), Raytheon Company (NYSE:RTN), United Technologies Corporation (NYSE:UTX)

The largest plane manufacturer in the world – The Boeing Company (NYSE:BA) made a statement revealing that its core profits for the first quarter of 2014 rose due to steady demand for the newest jetliners. In addition, the company also increased its forecast for the current financial year and showed 615 million dollars in free cash flow. The Chief Executive Officer of Boeing Co. – Mr. Jim McNerney said that the company is focused on “significant and sustained growth”. The Boeing Company (NYSE:BA) shares after opening at $130.67 moved to $131.50 on last trade day and at the end of the day closed at $130.63. Company price to sales ratio in past twelve months was calculated as 1.11 and price to cash ratio as 6.31. The Boeing Company (NYSE:BA) showed a positive weekly performance of 5.12%.

Australia’s decision to order 58 more F-35 fighter jets built by Lockheed Martin Corporation (NYSE:LMT) by 2023 will help drive down the cost of the stealthy warplane and strengthen the jet’s presence in Asia, a senior Lockheed official said on Wednesday. Lockheed Martin Corporation (NYSE:LMT) shares advanced 3.38% in last trading session and ended the day on $161.98. LMT return on equity ratio is recorded as 165.80% and its return on assets is 7.80%. Lockheed Martin Corporation (NYSE:LMT) yearly performance is 73.31%.

Raytheon Company (NYSE: RTN) announced first quarter 2014. Raytheon Company (NYSE:RTN) shares moved up 0.73% in last trading session and was closed at $100.23, while trading in range of $99.10-$100.86. Raytheon Company (NYSE:RTN) year to date performance is 11.19%.

Credit Suisse increased its price target on United Technologies Corporation (NYSE:UTX) to $135, increased its estimates and set an “outperform” rating due to the company’s higher growth outlook. United Technologies Corporation (NYSE:UTX) weekly performance is 3.29%. On last trading day company shares ended up $119.65. United Technologies Corporation (NYSE:UTX) distance from 50-day simple moving average is 3.42%. Analysts mean target price for the company is $127.05.