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Stock Market & Financial Investment News

News Breaks
January 24, 2014
07:40 EDTBA, GDBoeing, General Dynamics finally settle A-12 dispute with Navy, Reuters reports
Boeing (BA) and General Dynamics (GD) agreed to each give the U.S. Navy $200M in aircraft and services to settle a long running legal dispute over cancellation of the $4.8B A-12 stealth aircraft in 1991, reports Reuters. Reference Link
News For BA;GD From The Last 14 Days
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August 31, 2014
12:53 EDTBADeutsche Bank to hold a conference
Aircraft Finance & Leasing Conference to be held in New York on September 2-3.
August 29, 2014
17:42 EDTGDGeneral Dynamics awarded $139.95M government contract modification
General Dynamics National Steel and Shipbuilding Co., San Diego, California, is being awarded a $139,953,434 modification to previously awarded cost-plus-award-fee contract N00024-08-C-4410 for USS Pearl Harbor fiscal 2014 extended dry-dock phased maintenance availability. An extended dry-dock phased maintenance availability includes the planning and execution of depot-level maintenance, alterations, and modifications that will update and improve the ship's military and technical capabilities. Work will be performed in San Diego, California, and is expected to be completed by August 2015. Fiscal 2014 operations and maintenance and fiscal 2014 other procurement funding in the amount of $139,953,434 will be obligated at the time of award. Contract funds in the amount of $106,492,103 will expire at the end of the current fiscal year. The Southwest Regional Maintenance Center, San Diego, California, is the contracting activity.
17:40 EDTBABoeing awarded $234.7M government contract
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August 28, 2014
08:12 EDTBAAerCap agrees to purchase, leaseback of 7 Dreamliners with Virgin Atlantic
AerCap Holdings announced that it has signed agreements with Virgin Atlantic Airways for the purchase and leaseback of seven Boeing 787 Dreamliners that Virgin Atlantic Airways has on order from Boeing. The lease terms for all aircraft are twelve years and deliveries will start in October.
03:17 EDTBAAir Transport Services unit to return four DHL-owned freighters
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August 27, 2014
14:02 EDTBAAir Transport Services unit to return four DHL-owned freighters
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08:30 EDTBAMorgan Stanley believes aerospace cycle concerns are overblown
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07:06 EDTBAIridium continues on track for its NEXT satellite
Iridium (IRDM) announced the successful upgrade of its System Control Segment and completion of its Launch and Early Operations control center for Iridium NEXT, the largest new commercial satellite constellation in the world. The overall development of the SCS is performed by Boeing (BA), which will continue operating the constellation through its transition to Iridium NEXT and beyond as the company's operations and maintenance provider.
05:47 EDTBAAerCap delivers first 787 Dreamliner to Royal Jordanian
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August 25, 2014
10:56 EDTGDU.S. Navy awards General Dynamics $100M contract for LCS program
The U.S. Navy awarded General Dynamics Bath Iron Works a $100M contract to provide planning yard services for the Littoral Combat Ship, LCS, program. General Dynamics Bath Iron Works is a business unit of General Dynamics.
10:02 EDTGDGeneral Dynamics awarded contract to implement Massachusetts NG9-1-1
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06:17 EDTBABoeing, BOC Aviation announce order for 82 airplanes for $8.8B
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August 22, 2014
18:16 EDTBAGeneral Electric equipped 787 Dreamliner approved by regulators, WSJ says
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August 21, 2014
11:26 EDTBABoeing reports 12 new orders in weekly update
Boeing reported orders for 10 737s and two 777s for unidentified customers in its weekly update.
August 20, 2014
17:21 EDTGDBAE Systems, General Dynamics, three others awarded $2.53B government contract
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August 19, 2014
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link

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