Companies post mostly rosy results but warn of potential dark clouds
Boeing’s NGAD win was a notable event in the first quarter of the year and will impact future results. (Photo: Boeing)
First quarter 2025 results have been dropping for companies in the past week but many of the US results come with a health warning in their forward-looking aspects about the potential impact of actions by the Trump administration.
Most US large defence companies have reported silver-linings for Q1 2025, such as RTX posting sales increased of 5% compared to Q1 2024 and L3Harris flat in the same comparison, as those with less positive outlooks find a way forward.
Even Boeing, which has had its struggles on the commercial front, had an 18% jump in revenue for Q1 2025 compared to Q1 2024. This was in the face of a drop in revenue for defence from US$6.3 billion in the quarter just gone as opposed to $7 billion for the same period last year.
Boeing was the big winner of the
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![UK faces cost of balancing defensive capabilities abroad as Iran conflict widens]()
UK faces cost of balancing defensive capabilities abroad as Iran conflict widens
The UK has recently deployed a Type 45 destroyer to Cyprus and has bolstered its presence in the Middle East in recent weeks with supporting air power to protect neighbouring countries’ air defences.
-
![India’s strategic defence footprint expansion could be accelerated by Iran-Israel conflict]()
India’s strategic defence footprint expansion could be accelerated by Iran-Israel conflict
The latest escalation between Iran and Israel could shape New Delhi’s next-generation shield as India deepens cooperation with Israel on missile defence and drone production.
-
![Is the US magazine of air defence interceptors deep enough to sustain a long campaign against Iran?]()
Is the US magazine of air defence interceptors deep enough to sustain a long campaign against Iran?
The Pentagon spent a considerable number of THAAD and SM-3 rounds to defend against Iranian missiles in 2025 and has not fully replenished its reserves.
-
![New Zealand buys tri-service uncrewed kit from Syos Aerospace]()
New Zealand buys tri-service uncrewed kit from Syos Aerospace
As uncrewed technology continues to play an increasingly central role in modern military activities, New Zealand’s recent acquisitions point towards its the force’s focus on cost-effective capability.
