Caterpillar Inc. (CAT), United Technologies Corporation (UTX): The Dow (.DJI) Hits Triple-Digit Gains on Industrial Power

The Pentagon awarded the company $4 billion to construct Chinook helicopters for the Army and later handed out another $4.9 billion to Boeing and Textron Inc. (NYSE:TXT) subsidiary Bell Helicopters to build 99 Osprey tiltrotor aircraft. Although the Federal Trade Commission is looking into antitrust claims at the company’s United Launch Alliance joint venture with Lockheed Martin Corporation (NYSE:LMT), Boeing has done well to boost its backlog in the past few weeks. Considering that Boeing claimed on Tuesday that the world airliner fleet is set to double in the next 20 years, the future looks bright for this aerospace titan.

On the other side of the Dow Jones Industrial Average (INDEXDJX:.DJI), DuPont Fabros Technology, Inc. (NYSE:DFT) is leading a small group of laggers downward today, having lost 0.8% of its value. The firm dropped some bad news today when it announced that its operating profit will be negatively affected by cooler, wetter weather this spring. DuPont Fabros Technology, Inc. (NYSE:DFT) said its operating earnings for 2013’s first half will likely come in 10% lower year over year, pointing out that its agricultural business in the U.S. and Europe was hit by the unseasonal weather. DuPont Fabros Technology, Inc. (NYSE:DFT) still expects full-year operating earnings to meet prior guidelines but also believes they’ll come in at the low end of a projected range of between $3.85 and $4.05 per share.

The article The Dow Hits Triple-Digit Gains on Industrial Power originally appeared on Fool.com is written by Dan Carroll.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool owns shares of Lockheed Martin and Textron.

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