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News Breaks
February 27, 2013
13:54 EDTBAESY, FLIR, LMT, LLL, NOC, GD, LMIA, COL, BA, RTNObama to meet with Congressional leaders about sequester, The Hill says
President Obama will meet with Democratic and Republican Congressional leaders on Friday ,the day the sequester is supposed to take effect, according to The Hill. Reference Link
News For BAESY;BA;COL;LMIA;GD;NOC;LLL;LMT;FLIR;RTN From The Last 14 Days
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August 13, 2014
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 EDTRTN, NOC, BA, 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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August 6, 2014
17:34 EDTLMTLockheed Martin awarded $116.72M government contract modification
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15:01 EDTNOCNorthrop awarded contract modification to continue BACN mission support
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10:37 EDTNOC, GDNorthrop awarded contracts from U.S. Navy, others for DDGs
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05:57 EDTBABoeing announces partnership with South African Airways
Boeing, South African Airways, or SAA, and SkyNRG announced they are collaborating to make sustainable aviation biofuel from a new type of tobacco plant. This initiative broadens cooperation between Boeing and SAA to develop renewable jet fuel in ways that support South Africa's goals for public health as well as economic and rural development. SkyNRG is expanding production of the hybrid plant known as Solaris as an energy crop that farmers could grow instead of traditional tobacco. Test farming of the plants, which are effectively nicotine-free, is underway in South Africa with biofuel production expected from large and small farms in the next few years. Initially, oil from the plant's seeds will be converted into jet fuel. In coming years, Boeing expects emerging technologies to increase South Africa's aviation biofuel production from the rest of the plant.
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