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February 12, 2013
13:31 EDTBAESY, FLIR, LMT, LLL, NOC, GD, LMIA, COL, BA, RTNOfficials warn Senate panel about sequestration, The Hill says
Automatic defense spending cuts set to take effect March 1 would create a "true crisis" and trigger "lasting and irreversible effects,” Deputy Defense Secretary Ash Carter told a Senate committee today, according to The Hill. Members of the Joint Chiefs of Staff also discussed the damage that sequestration would do, the website added. Reference Link
News For BAESY;BA;COL;LMIA;GD;NOC;LLL;LMT;FLIR;RTN From The Last 14 Days
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August 14, 2014
06:32 EDTBABoeing clears way for new 777X wing facility, Reuters says
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August 13, 2014
16:40 EDTBAAir Lease places two new Boeing 777-300ERS wth KLM
Air Lease announced long term lease agreements with KLM for two additional new Boeing (BA) 777-300ER aircraft, scheduled for delivery in 2H16 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016.
10:01 EDTNOCNorthrop Grumman awarded $300M contract
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09:06 EDTNOCNorthrop Grumman's Remotec awarded $8.8M U.S. Navy contract
Northrop Grumman subsidiary Remotec has been awarded an $8.8M contract by the U.S. Navy to repair and upgrade 103 MK3 Series Remote Ordnance Neutralizations Systems, increasing the capabilities and availability of the explosive ordnance disposal robots. The Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division, Indian Head, Maryland, awarded Remotec a sole-source, indefinite delivery, indefinite quantity contract (which has a potential value of more than $12M if contract options are exercised.
08:36 EDTRTNRaytheon awarded $130M for Massachusetts electronic highway tolling system
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08:03 EDTRTNRaytheon awarded $11M laser weapons development contract by Marine Corps
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06:09 EDTBABoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorsky’s X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
August 12, 2014
11:01 EDTNOCNorthrop awarded $3M contract from Johns Hopkins University APL
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09:22 EDTLMTLockheed Martin names Brian Colan as Chief Accounting Officer
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08:02 EDTRTNRaytheon and University of Massachusetts Lowell to establish research facility
Raytheon and the University of Massachusetts Lowell have announced an agreement to establish a joint research facility focused on the advancement of innovative technologies in a collaborative, state-of-the-art institute. Raytheon is committing $3M with options to $5M throughout the next 10 years for establishment of this research facility.
06:29 EDTBABoeing sees most defense arm reductions from supply chain, Reuters says
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August 11, 2014
07:58 EDTBAESYBAE Systems announces proposed sale in holding in BAE Systems LSSA
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06:50 EDTBA, NOC, RTN, LMTJason Communications to sponsor a symposium
17th Annual Space and Missile Defense Symposium to be held in Huntsville, Alabama on August 11-14.
August 8, 2014
18:26 EDTBABoeing 787 production snags re-emerge at assembly plant, Reuters reports
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18:02 EDTLMTLockheed Martin awarded $193.6M government contract modification
Lockheed Martin Mission Systems and Training, Moorestown, New Jersey, has been awarded a $193,610,317 modification to previously awarded contract number HQ0276-10-C-0001 for procurement of necessary material, equipment, and supplies to conduct the technical engineering to define, develop, integrate and test Aegis Ballistic Missile Defense 4.1 and 5.0 Capability Upgrade baselines through their respective certifications. This modification brings the total cumulative face value of the contract to $2,002,542,722 from $1,808,932,405. Work will be performed at Moorestown, New Jersey, with an expected completion date of May 31, 2016. Fiscal 2014 research, development, test and evaluation funds in the amount of $19,500,000 are being obligated at time of award. The Missile Defense Agency, Dahlgren, Virginia, is the contracting activity.
06:43 EDTBAReport says cold weather reason for Boeing battery meltdown, Reuters says
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August 7, 2014
17:41 EDTLMTLockheed Martin awarded $124.6M government contract
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11:18 EDTBABoeing reports 40 new orders in weekly update
Boeing announced 40 new orders in an update of its orders through August 5 to account for its previously announced order for 26 777s and 14 787s from All Nippon Airways. Reference Link
07:25 EDTLMIALMI Aerospace repeats guidance for year will not be provided at this time
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07:24 EDTLMIALMI Aerospace reports Q2 EPS (58c), may not compare to consensus 5c
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