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Stock Market & Financial Investment News

News Breaks
January 15, 2013
09:09 EDTBAESYU.S. Navy buying more BAE Systems APKWS rockets
As a result of its continued success in theater, the U.S. Navy is buying more BAE Systems Advanced Precision Kill Weapon System rockets. The company recently signed a $28M full-rate production contract with options to produce more APKWS rockets for the Navy. The latest award increases the total full-rate production contract value to $69M and extends production through 2014.
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June 17, 2013
05:59 EDTBAESYEADS CEO: Window closed on any BAE Systems deal, Reuters reports
European aerospace firm EADS (EADSY) CEO Tom Enders ruled out another attempt to merge with Britain's BAE Systems (BAESY), saying that both companies had moved on after the failure of last year's $45B deal, reports Reuters. Reference Link
June 12, 2013
11:39 EDTBAESYPentagon indicates deep cuts to contractors, Government Executive reports
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