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Stock Market & Financial Investment News

News For HXL;BAESY From The Last 14 Days
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March 30, 2015
09:19 EDTBAESYBAE Systems to expand San Diego ship repair capabilities
BAE Systems will significantly expand dry-docking capabilities at its San Diego shipyard, enhancing the ship repair, maintenance, and modernization services the company provides to the U.S. Navy, other government agencies, and commercial customers. The investment by BAE Systems, which will include the purchase of a new dry dock and a range of infrastructure improvements at the yard, will total approximately $100M. The new Pier 4, at 415-feet long and 64-feet wide, replaces a 52-year-old pier and includes new services such as fresh water, electrical, sewage, and storm water containment. The new dry dock will measure 950-feet long and 205-feet wide, with a design lifting capacity of 55,000 tons. When operational in early 2017, it will be the company’s largest dry dock in the United States and will employ several environmental design features, including LED lighting, electric cranes, air-cooled emergency generators, a zero discharge closed-loop salt water system, and storm water recovery systems.
March 23, 2015
17:32 EDTBAESYBAE Systems awarded $383.03M government contract
BAE Systems has been awarded a maximum $383.03M firm-fixed-price, requirements-type contract for support of multiple weapon systems platforms. Estimated value cited is based on demand quantities for the life of the contract. This contract was a sole-source acquisition. This is a five-year base contract with one five-year option period. Location of performance is Indiana, with a March 19, 2020, performance completion date.
08:01 EDTHXLBofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.

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